NOT LISTED FOR SALE

617 E 8th St Unit 1-3 New Albany, IN 47150

Estimated Value: $260,000 - $318,000

3 Beds
3 Baths
2,107 Sq Ft
$140/Sq Ft Est. Value

Last Sold June 17, 2016

Last sale price $10,000 $5 Per Sq Ft

Est. 2,857% increase in value since last sale

Current estimated payment $1,748/month

2 Days on Market

About This Home

As of June 2016

GREAT OPPORTUNITY ON THIS TRIPLEX. 3 bed/3 bath Triplex in the heart of New Albany!! Two units on the main level, and one unit on the 2nd level. 3 kitchens, 3 full baths. Some hardwood flooring. This property has income producing potential. 3 electric meters, shared gas and water meters. PROPERTY SOLD AS IS. Number of rooms, measurements & sq. ft. are not warranted. If critical buyer should verify.

Last Listed By

Patricia Harrison

RE/MAX FIRST License #RB14047603 Listed on: 06/01/2016

RE/MAX FIRST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,206

Year Built

  • Built in 1929

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Frame Construction

Interior Spaces

  • 2,107 Sq Ft Home
  • Basement Cellar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220502801623000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,206

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Appointment: Not Needed
  • Construction: Frame On-Site
  • Foundation: Unknown
  • Legal Description: P 214 N 5' L 47 & S 1/2 L 48
  • Lot Dimensions: 3485
  • Parcel Number: 220502801623000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 2107
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 2107.00
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Lot Measurement: Acres
  • Lot Sq Ft: 3485.00
  • Room Count: 8
  • Sewer Type: Sewer
  • Total Sq Ft: 2107
  • Total Rooms: 5

Garage/Parking

  • Garage Spaces: 0

Utilities

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

Lot Info

  • Acres: 0.0800
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2019
Sold by
Smith Matthew D
Bought by
Smith Matthew D and Smith Michelle A
Total Days on Market
2
Current Estimated Value
$295,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 2019
Sold by
Persinger Tamyra
Bought by
Preferred Home Solution Llc

Purchase Details

Closed on
Mar 21, 2018
Sold by
Burkheads Home Specialist Llc
Bought by
Persinger Tamyra

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jun 17, 2016
Sold by
New Albany City
Bought by
Burkheads Home Specialist Llc
Seller's Agent
Patricia Harrison
RE/MAX FIRST
Buyer's Agent
Michelle Hatfield
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$20,000
Sold Price
$10,000
Premium/Discount to List
-$10,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.19%

Purchase Details

Closed on
Jul 30, 2013
Sold by
Hopke Avp Melanie J
Bought by
Directo Ed

Purchase Details

Closed on
Nov 27, 2012
Sold by
Mills Darrell
Bought by
Brian C Berger Atty

Purchase Details

Closed on
May 23, 2006
Sold by
Mcmahan Matthew D
Bought by
Snider Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
6.56%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Matthew D -- None Available
Smith Matthew D -- None Available
Preferred Home Solution Llc -- None Available
Persinger Tamyra -- --
Burkheads Home Specialist Llc -- Kemp Title Agency Llc
Directo Ed -- --
Brian C Berger Atty $61,200 --
Snider Ann -- Kentucky Pioneer Title Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Matthew D $223,850
Closed Smith Matthew D $162,011
Previous Owner Snider Ann $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2016 06/17/16 Sold $10,000 -50.0% $5 / Sq Ft
06/03/2016 06/03/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $20,000 -- $9 / 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 $1,206 $138,800 $12,000 $126,800
2023 $1,206 $122,000 $12,000 $110,000
2022 $1,297 $123,200 $12,000 $111,200
2021 $1,124 $113,400 $12,000 $101,400
2020 $907 $102,900 $12,000 $90,900
2019 $1,501 $69,600 $12,000 $57,600
2018 $1,493 $68,800 $12,000 $56,800
2017 $1,522 $0 $0 $0
2016 -- $0 $0 $0
2014 -- $0 $0 $0
2013 $1,149 $57,400 $12,000 $45,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201603580

Southern Indiana REALTORS® Association

APN: 22-05-02-801-623.000-008