NOT LISTED FOR SALE

627 E 8th St New Albany, IN 47150

Estimated Value: $185,000 - $233,000

3 Beds
1.5 Baths
1,691 Sq Ft
$123/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $25,000 $15 Per Sq Ft

Est. 731% increase in value since last sale

Current estimated payment $1,244/month

Highlights

  • Covered Patio or Porch
  • Formal Dining Room
  • Forced Air Heating System
  • First Floor Utility Room
  • 2 Car Detached Garage

About This Home

As of June 2017

Located in downtown New Albany, this home features 3 bedrooms 1.5 baths with formal dining, covered front porch and detached garage. Case 151-882519 Listed as IE; home qualifies for FHA 203(b) w/insured escrow financing (TBD), as well as for 203(k) financing, which allows the buyer to finance improvements as part of the loan. Repairs to be done after closing. Qualifies for $100 down payment if using FHA financing. Home sold as is. Prospective buyers are advised to conduct independent assessment of property condition and features. Information is not verified or warranted. Properties are offered for sale to qualified purchasers without regard to the prospective purchaser's race, color, religion, sex, disability, familial status, or national origin. Sq. Ft. & room sizes are approximate. Taxes are ‘16 pay ‘17 and may reflect deductions that may not continue to apply, possibly resulting in a higher tax bill.

Last Agent to Sell the Property

Paul Floyd

Keller Williams Realty Consultants License #RB14046882 Listed on: 03/28/2017

Keller Williams Realty Consultants

Last Buyer's Agent

Jesse Niehaus

Semonin REALTORS License #RB14038872

Semonin REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 3,049

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,691 Sq Ft Home
  • Formal Dining Room
  • First Floor Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 220502801654000008

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Improvements: 44900
  • Additional Parking: On Street
  • Annual Tax: 1090
  • Appointment: Not Needed
  • Bank Owned Foreclosure YN: Yes
  • Construction: Existing, Frame On-Site
  • Land Assessment: 9600
  • Legal Description: P 214 23.3' X 120' LTS 55 & 56
  • Parcel Number: 220502801654000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 54500
  • Total Finished Square Footage: 1691
  • Year Built: 1929
  • Special Features: 20

Interior Features

  • Water Heater: Natural Gas
  • Above Grade Finished Sq Ft: 1691.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Utility, Bath 1/2 Master, Formal Dining Rm
  • Lot Sq Ft: 3049.20
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 1691
  • Total Rooms: 4

Exterior Features

  • Exterior Features: Covered Porch, Vinyl Siding

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 0.0700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2017
Closed on
Jun 9, 2017
Sold by
Sec Of Hud
Bought by
Webb Llc
Seller's Agent
Paul Floyd
Keller Williams Realty Consultants
Buyer's Agent
Jesse Niehaus
Semonin REALTORS
List Price
$30,000
Sold Price
$25,000
Premium/Discount to List
-$5,000
-16.67%
Current Estimated Value
$207,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,667
Avg. Annual Appreciation
28.32%

Purchase Details

Closed on
Oct 2, 2013
Sold by
Jp Morgan Chase Bank
Bought by
Hud

Purchase Details

Closed on
Jul 30, 2013
Sold by
Mills Darrell W
Bought by
Teresa E Dearing Atty

Purchase Details

Closed on
Jul 18, 2008
Sold by
Thompson Tina and Thompson Roger
Bought by
Gilkey David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,995
Interest Rate
6.5%
Mortgage Type
FHA
Source: Public Records

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
Webb Llc $25,000 --
Webb Properties Ky Llc $25,000 Pitt & Frank Closings
Hud -- --
Teresa E Dearing Atty $49,700 --
Gilkey David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilkey David $63,995
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2017 06/09/17 Sold $25,000 -16.7% $15 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $30,000 -- $18 / 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 $1,769 $94,000 $9,600 $84,400
2023 $1,769 $82,900 $9,600 $73,300
2022 $1,785 $83,600 $9,600 $74,000
2021 $1,659 $77,100 $9,600 $67,500
2020 $1,511 $70,100 $9,600 $60,500
2019 $1,387 $64,300 $9,600 $54,700
2018 $1,205 $55,500 $9,600 $45,900
2017 $1,436 $63,600 $9,600 $54,000
2016 $1,260 $63,000 $9,600 $53,400
2014 $1,012 $50,600 $9,600 $41,000
2013 -- $49,200 $9,600 $39,600
Source: Public Records

Agents Affiliated with this Home

  • Paul Floyd

    Seller's Agent in 2017

    Paul Floyd

    Keller Williams Realty Consultants

    (502) 533-5354

    10 in this area

    73 Total Sales

    Paul Floyd
    Section Image
  • Jesse Niehaus

    Buyer's Agent in 2017

    Jesse Niehaus

    Semonin Realty

    (502) 558-1579

    75 in this area

    287 Total Sales

    Jesse Niehaus
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201705458

Southern Indiana REALTORS® Association

APN: 22-05-02-801-654.000-008

Indiana Floyd County New Albany 47150

627 E 8th St, New Albany, IN

This home is located at 627 E 8th St, New Albany, IN 47150 since 28 March 2017 and is currently estimated at $207,667, approximately $122 per square foot. This property was built in 1929. 627 E 8th St is a home located in Floyd County with nearby schools including S. Ellen Jones Elementary School, Hazelwood Middle School, and New Albany Senior High School.

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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