$128,000
SOLD JUL 27, 2016

616 Terrace Ct New Albany, IN 47150

2 Beds
2 Baths
1,193 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$107 Per Sq Ft

9% Below List Price

Highlights

  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace
  • Slate Run Elementary School Rated A-
  • 1 Car Garage

About This Home

As of January 2022

Sold Comp

Last Agent to Sell the Property

OUTSIDE AGENT

OUTSIDE COMPANY Listed on: 07/27/2016

Last Buyer's Agent

Jeremy Ward

Ward Realty Services License #RB14035695

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $653

Year Built

  • Built in 1928

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,193 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220502901180000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$653

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Improvements: 70500
  • Annual Tax: 653
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 13400
  • Legal Description: P. 544 L. 11
  • Numof Fireplaces: 1
  • Parcel Number: 220502901180000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 8399
  • Total Finished Square Footage: 1193
  • Type: 1 Story
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Daylight
  • Above Grade Finished Sq Ft: 1193.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Fireplace: Woodburning
  • Interior Amenities: 1st Floor Master
  • Lot Measurement: Acres
  • Lot Sq Ft: 5663.00
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 1193
  • Total Rooms: 6

Garage/Parking

  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Nat Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.1300
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Jan 31, 2022
Sold by
David Ellnor and David Gerald
Bought by
Parrish Joseph Paul and Parrish Angela
Seller's Agent
Michelle Schnell-Gammons
Buyer's Agent
Michelle Schnell-Gammons
List Price
$199,000
Sold Price
$194,000
Premium/Discount to List
-$5,000
-2.51%
Current Estimated Value
$221,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,474
Avg. Annual Appreciation
3.62%
Original Mortgage
$184,300
Outstanding Balance
$172,135
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$47,621

Purchase Details

Closed on
May 25, 2016
Sold by
Dischinger John L
Bought by
Ellnor Amber and Kelly Gerald David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.59%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 4, 2016
Sold by
Clements Rondney and Dischinger John L
Bought by
Ellnor Amber and Kelly Gerald David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.59%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 13, 2014
Sold by
Dischinger John
Bought by
Clements Rodney

Purchase Details

Closed on
Jun 3, 2005
Sold by
Walker Karen
Bought by
Dischinger John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.86%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in New Albany, IN

  • 2113 Willow St, New Albany, IN 47150

    $104,000

    • 2 Beds
    • 1 Bath
    • 1,064 Sq Ft
    • 2113 Willow St
    • New Albany, IN

    Solid Investment Opportunity Near Bicknell Park. This 2-bedroom, 1-bath home has been a consistent income-producing rental for years and offers strong potential for investors or owner-occupants alike. The open-concept kitchen and dining area create a functional layout, while a large backyard shed provides valuable extra storage. Located in an up-and-coming area near Bicknell Park and surrounded

    Ellen Masterson Lenihan Commercial Properties

    Section Image
  • 321 Galt St, New Albany, IN 47150

    $129,000

    • 3 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • 321 Galt St
    • New Albany, IN

    Maxim Value, minimum price. Great neighborhood, Great sized property for Volleyball, 12.4 X 9.6 enclosed rear porch with washer and dryer hookups. Walk to uptown events.Number of rooms, measurements & sq ft are not warranted. If critical buyer should verify.

    Patricia Harrison RE/MAX FIRST

    Section Image
  • 1511 E Elm St, New Albany, IN 47150

    $94,900

    • 2 Beds
    • 1 Bath
    • 946 Sq Ft
    • 1511 E Elm St
    • New Albany, IN

    Great starter home or smart investment opportunity! This property offers everything you need to get started. Enjoy the peace of mind of a privacy-fenced backyard or relaxing on the front porch. You'll love the convenience of being close to shopping and other conveniences. Plus, with a one-car garage, you'll have extra storage or protected parking. Don't miss out on making this house your home!

    Zachary Pitts RE/MAX Premier Properties

    Section Image
  • 1139 Beeler St, New Albany, IN 47150

    $115,000

    • 1 Bed
    • 1.5 Baths
    • 834 Sq Ft
    • 1139 Beeler St
    • New Albany, IN

    Welcome to your dream home nestled in the heart of New Albany! This charming 1 bedroom, 1.5 bath home offers the perfect blend of comfort, convince, and potential. With its desirable location and practical layout, this home is a fantastic investment opportunity. The fenced in yard offers a perfect space for outdoor activities and your furry friends.

    Becky Amos Keller Williams Louisville

    Section Image
  • 211 W Main St, New Albany, IN 47150

    $140,000

    • 3 Beds
    • 3 Baths
    • 2,227 Sq Ft
    • 211 W Main St
    • New Albany, IN

    Endless possibilities. This home is ready for someone to turn their vision into realty with this property. Gutted, however, drywall and some finishing supplies will remain. Property being sold as is. electric is not completed or hooked up; plumbing is not completed. Great location fenced yard. All measurements are approximate.

    Angel Perry Angel Perry & Associates, LLC

    Section Image
  • 5456 State Road 111, New Albany, IN 47150

    $99,900

    • 1 Bed
    • 1.5 Baths
    • 5456 State Road 111
    • New Albany, IN

    Looking for River front property? This is it! 1.52 Acres with small apartment for weekend get away. Storage building. Property needs TLC. Seller welcomes inspections but will not do any repairs. Property being sold "As Is". Property classified as AE Floodway. Please attach the "AS IS" addendum with purchase agreement. Call for your showing today.

    Mary Finkle Mainstreet REALTORS

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $388,000 None Listed On Document
Quit Claim Deed -- --
Warranty Deed -- --
Warranty Deed $55,000 --
Warranty Deed -- Home Trust Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $184,300 New Conventional
Previous Owner $113,520 New Conventional
Previous Owner $125,000 Seller Take Back
Previous Owner $40,000 Unknown
Previous Owner $48,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $194,000 0.0% $97 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
11/17/2021 11/17/21 Price Changed $194,000 -2.5% $97 / Sq Ft
11/02/2021 11/02/21 For Sale $199,000 +55.5% $100 / Sq Ft
07/27/2016 07/27/16 Sold $128,000 -9.2% $107 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
07/27/2016 07/27/16 For Sale $141,000 -- $118 / Sq Ft
Source: Southern Indiana REALTORS® Association

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,409 $150,200 $13,400 $136,800
2023 $1,409 $134,500 $13,400 $121,100
2022 $1,327 $125,600 $13,400 $112,200
2021 $1,215 $114,600 $13,400 $101,200
2020 $1,099 $109,600 $13,400 $96,200
2019 $910 $100,300 $13,400 $86,900
2018 $889 $99,400 $13,400 $86,000
2017 $673 $90,000 $13,400 $76,600
2016 $681 $89,100 $13,400 $75,700
2014 $643 $82,700 $13,400 $69,300
2013 -- $87,600 $13,400 $74,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201604939

Southern Indiana REALTORS® Association

APN: 22-05-02-901-180.000-008