NOT LISTED FOR SALE

629 W Market St New Albany, IN 47150

Estimated Value: $236,000 - $289,000

3 Beds
2 Baths
3,144 Sq Ft
$83/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $268,500 $85 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,512/month

18 Days on Market

Highlights

  • Cathedral Ceiling
  • Porch
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Landscaped

About This Home

As of July 2023

INVESTORS TAKE NOTE! This property is unique and has the potential to be exactly what you're
looking for to dramatically increase your investor portfolio. This sale includes both a triplex
and an additional lot that is ALREADY ZONED for a QUAD PLEX! Buying this property has the
potential to have a total of 7 doors! Situated on a corner lot is one building with two units
that are a one bedroom, one bathroom in a traditional lay out. The third unit in this building is
a studio space that is MASSIVE! It has potential to be an office or a studio apartment. All of
this is conveniently located in downtown New Albany in an area where lots of new construction is
going on and increased development. If all of this isn't enough to entice you there is an
additional lot next door INCLUDED in this sale! Schedule a showing today!

Last Agent to Sell the Property

Mallory Annis

RE/MAX FIRST License #RB18000271 Listed on: 05/01/2023

RE/MAX FIRST

Last Buyer's Agent

Denise McCreary

Schuler Bauer Real Estate Services ERA Powered (N License #RB18000937

Schuler Bauer Real Estate Services ERA Powered (N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,860

Year Built

  • Built in 1919

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 24 x 110
  • Landscaped
  • Corner Lot
  • Property is zoned Commercial

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 3,144 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Blinds
  • Basement
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220500300448000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,860

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Improvements: 63700
  • Annual Tax: 1860
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 6600
  • Legal Description: P. 93 W 24'X110' L. 16 OF BLK. D 629 W. MARKET ST.
  • Lot Dimensions: 24 x 110
  • Parcel Number: 220500300448000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 70300
  • Total Deduction Amnt: 17200
  • Total Finished Square Footage: 3144
  • Type: 2 Story
  • Year Built: 1919
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 3144.00
  • Appliances: Range / Oven
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: Blinds, Cath/Vaul/Tray Ceil
  • Lot Sq Ft: 2613.60
  • Room Count: 1
  • Sewer Type: Sewer
  • Total Sq Ft: 3144
  • Total Rooms: 1

Exterior Features

  • Exterior Features: Landscaped, Porch, Public Sidewalk

Utilities

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

Lot Info

  • Acres: 0.0600
  • Lot Description: Corner Lot
  • Zoning: Residential, Commercial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2021
Sold by
Envisions Holdings Llc
Bought by
Porter Micah and Porter John
Current Estimated Value
$260,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,625
Outstanding Balance
$180,734
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$88,564

Purchase Details

Closed on
Sep 19, 2013
Sold by
Blair James N
Bought by
Envisions Holdings Llc
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
Porter Micah -- Signature Title
Envisions Holdings Llc -- Kemp Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Porter Micah $197,625
Closed Porter Micah $197,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $268,500 -7.4% $85 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $289,900 0.0% $92 / Sq Ft
05/07/2023 05/07/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $289,900 -- $92 / 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 $1,169 $68,900 $6,600 $62,300
2023 $1,169 $70,300 $6,600 $63,700
2022 $1,158 $71,000 $6,600 $64,400
2021 $1,860 $102,200 $13,300 $88,900
2020 $1,095 $65,900 $6,600 $59,300
2019 $1,563 $21,500 $6,600 $14,900
2018 $504 $21,400 $6,600 $14,800
2017 $514 $21,500 $6,600 $14,900
2016 $446 $22,200 $6,600 $15,600
2014 $448 $22,300 $6,600 $15,700
2013 -- $31,800 $6,600 $25,200
Source: Public Records

Agents Affiliated with this Home

  • Mallory Annis

    Seller's Agent in 2023

    Mallory Annis

    RE/MAX

    (423) 504-6646

    61 in this area

    184 Total Sales

    Mallory Annis
    Section Image

  • D

    Buyer's Agent in 2023

    Denise McCreary

    Schuler Bauer Real Estate Services ERA Powered (N

    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202307339

Southern Indiana REALTORS® Association

APN: 22-05-00-300-448.000-008

Indiana Floyd County New Albany 47150

629 W Market St, New Albany, IN

This home is located at 629 W Market St, New Albany, IN 47150 since 01 May 2023 and is currently estimated at $260,119, approximately $82 per square foot. This property was built in 1919. 629 W Market St is a home located in Floyd County with nearby schools including S. Ellen Jones Elementary School, Nathaniel Scribner 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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