NOT LISTED FOR SALE

617 E 5th St New Albany, IN 47150

New Albany Area

Estimated Value: $132,000 - $330,887

6 Beds
2 Baths
2,400 Sq Ft
$109/Sq Ft Est. Value

Sale Details

Date Sold: January 17, 2025

Last sale price $300,000 $125 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,580 / mo

6 Days on Market

About This Home

As of January 2025

ATTENTION INVESTORS! This fully renovated 6-bedroom, 2-bathroom duplex offers 2,400 sq. ft. of living space, divided into two 3-bedroom, 1-bathroom units (1,200 sq. ft. each). Every detail has been upgraded, including a NEW roof, gutters, windows, siding, TWO water heaters, TWO HVAC systems, TWO electrical panels, and complete rewiring. Luxury features include tile showers, LVP flooring throughout, granite and quartz countertops, new cabinets, and modern appliances. Both units are leased through August 2025, generating a total monthly rental income of $3,100. With impeccable upgrades, reliable tenants, and fantastic cash flow, this turn-key property is a rare opportunity to effortlessly grow your portfolio and enjoy peace of mind.

Last Agent to Sell the Property

Troy Stiller

Schuler Bauer Real Estate Services ERA Powered (N License #RB14043390 Listed on: 12/03/2024

Schuler Bauer Real Estate Services ERA Powered (N

Co-Listed By

Jessica Ginn

Schuler Bauer Real Estate Services ERA Powered (N License #RB18001141

Last Buyer's Agent

Alyssa Rodger

White Picket Real Estate License #RB17001325

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,502

Year Built

  • Built in 1943

Lot Details

  • 3,920 Sq Ft Lot

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220503500112000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,502

Year Built

Built in 1943

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Annual Tax: 1502
  • Appointment: Mandatory
  • Construction: Existing
  • Legal Description: P 85 S1/2 L11 / N 1/2 L.11 #18
  • Parcel Number: 220503500112000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 2400
  • Type: 1 Story
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 2400.00
  • Appliances: Dishwasher, Microwave, Range / Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 6
  • Lot Sq Ft: 3920.40
  • Sewer Type: Sewer
  • Total Sq Ft: 2400

Utilities

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

Lot Info

  • Acres: 0.0900
  • Zoning: Residential

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2024
Closed on
Jan 22, 2025
Sold by
Bought by
Seller's Agent
Troy Stiller
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Alyssa Rodger
White Picket Real Estate
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%
Views
13
Current Estimated Value
$262,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,778
Avg. Annual Appreciation
-8.07%

Purchase Details

Listed on
Apr 14, 2024
Closed on
May 2, 2024
Sold by
Bought by
Seller's Agent
Patricia Harrison
RE/MAX FIRST
Buyer's Agent
Jessica Ginn
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$120,000
Sold Price
$85,000
Premium/Discount to List
-$35,000
-29.17%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
476.37%
Original Mortgage
$172,500
Interest Rate
6.21%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 21, 2024
Sold by
Bought by

Purchase Details

Closed on
Jan 22, 2024
Sold by
Bought by

Purchase Details

Closed on
Aug 17, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 18, 2008
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in New Albany, IN

  • Matt Lincoln Real Estate Agent - Schuler Bauer Real Estate Services ERA Powered

    Matt Lincoln

    Schuler Bauer Real Estate Services ERA Powered

    (502) 335-4469

    129 Total Sales

    21 in New Albany

    $155K - $800K Price Range

    Matt Lincoln
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  • Carl Horton Real Estate Agent - Semonin Realtors

    Carl Horton

    Semonin Realtors

    (502) 586-4870

    65 Total Sales

    2 in New Albany

    $192K - $265K Price Range

    Carl Horton
     Section Image
  • The Noe Group Real Estate Agent - Lenihan Sotheby's Int'l Realty

    The Noe Group

    Lenihan Sotheby's Int'l Realty

    (502) 754-3063

    108 Total Sales

    3 in New Albany

    $100K - $274K Price Range

    The Noe Group
     Section Image
  • Angela Wells Real Estate Agent - Coldwell Banker McMahan

    Angela Wells

    Coldwell Banker McMahan

    (812) 920-5707

    159 Total Sales

    2 in New Albany

    $230K - $345K Price Range

    Angela Wells
     Section Image
  • William Kramer Real Estate Agent - JPAR Aspire

    William Kramer

    JPAR Aspire

    (502) 735-1132

    30 Total Sales

    1 in New Albany

    $35,000 Price

    William Kramer
     Section Image
  • Candice Ritchie Real Estate Agent - Green Tree Real Estate Services

    Candice Ritchie

    Responds Quickly

    Green Tree Real Estate Services

    (930) 219-4628

    56 Total Sales

    25 in New Albany

    $60K - $350K Price Range

    Candice Ritchie
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$300,000 None Listed On Document
$85,000 None Listed On Document
$35,000 None Listed On Document
-- None Listed On Document
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $190,800
Previous Owner $172,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2025 01/17/25 Sold $300,000 -3.2% $125 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
12/03/2024 12/03/24 For Sale $310,000 +264.7% $129 / Sq Ft
05/01/2024 05/01/24 Sold $85,000 -29.2% $35 / Sq Ft View Prior Sale
04/18/2024 04/18/24 Pending -- -- --
04/14/2024 04/14/24 For Sale $120,000 -- $50 / Sq Ft
Source: Southern Indiana REALTORS® Association

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,695 $80,400 $8,800 $71,600
2024 $1,459 $68,700 $8,800 $59,900
2023 $1,502 $70,000 $8,800 $61,200
2022 $1,530 $71,200 $8,800 $62,400
2021 $1,424 $65,800 $8,800 $57,000
2020 $1,395 $64,400 $8,800 $55,600
2019 $1,276 $58,900 $8,800 $50,100
2018 $1,270 $58,300 $8,800 $49,500
2017 $1,290 $58,200 $8,800 $49,400
2016 $1,161 $57,800 $8,800 $49,000
2014 $1,070 $53,500 $8,800 $44,700
2013 -- $55,000 $8,800 $46,200
Source: Public Records

Agents Affiliated with this Home

  • Troy Stiller Real Estate Agent - Schuler Bauer Real Estate Services ERA Powered (N

    Seller's Agent in 2025

    Troy Stiller

    Schuler Bauer Real Estate Services ERA Powered (N

    (812) 987-6574

    404 Total Sales

    Troy Stiller
    Section Image

  • J

    Seller Co-Listing Agent in 2025

    Jessica Ginn

    Schuler Bauer Real Estate Services ERA Powered (N

    (502) 938-5151

    87 Total Sales

    Jessica Ginn
    Section Image
  • Alyssa Rodger Real Estate Agent - White Picket Real Estate

    Buyer's Agent in 2025

    Alyssa Rodger

    White Picket Real Estate

    (502) 457-3934

    96 Total Sales

    Alyssa Rodger
    Section Image
  • Patricia Harrison Real Estate Agent - RE/MAX

    Seller's Agent in 2024

    Patricia Harrison

    RE/MAX

    (812) 989-4663

    62 Total Sales

    Patricia Harrison
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2024012616

Southern Indiana REALTORS® Association

APN: 22-05-03-500-112.000-008

Indiana Floyd County New Albany 47150

617 E 5th St, New Albany, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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