K
Seller's Agent in 2014
Karen Elliott
RE/MAX
703 E Main St New Albany, IN 47150
Estimated Value: $205,847 - $321,000
4
Beds
4
Baths
3,374
Sq Ft
$76/Sq Ft
Est. Value
Highlights
- Corner Lot
- Forced Air Heating System
- Ceiling Fan
- Shed
About This Home
As of January 2014Investors take note: this building is a cash cow! Quad-plex has four 1BR/1BTH units, stays rented (one tenant 22 years!) $1715 monthly income - seller pays water/sewer/trash/tax/insurance - tenants pay own gas/electric. Income nets $1,100 - $1200 per month (after management fee). Apts 1&2 had 90% HVAC (2010), Apts 3&4 have wall units. All have window a/c units, stove & fridge. Roof (2007), single layer, Gutters - except front (2009), Exterior staircase (2012). Per Seller, updates in the past include: exterior vinyl, romex wiring throughout, subfloors replaced. Corner lot, with shed, in Historic District. Units are in good condition, some exterior trim paint needed. Cellar holds furnaces and 4 water heaters, separate electric meters.
Last Agent to Sell the Property
Karen Elliott
RE/MAX FIRST License #RB14021200 Listed on: 05/02/2013
Last Buyer's Agent
Karen Elliott
RE/MAX FIRST License #RB14021200 Listed on: 05/02/2013
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,313
Year Built
- Built in 1929
Lot Details
- 5,624 Sq Ft Lot
- Lot Dimensions are 38 x 148
- Corner Lot
- Property is zoned Multi Family
Home Design
- Brick Foundation
- Frame Construction
Interior Spaces
- 3,374 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Oven or Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Basement
- Partial Basement
- Sump Pump
- Basement Cellar
- Crawl Space
Outdoor Features
- Shed
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 220500200829000008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 23, 2017
Sold by
Hughes Robert H
Bought by
Historicrentals Llc
Current Estimated Value
Purchase Details
Listed on
May 2, 2013
Closed on
Jan 29, 2014
Sold by
Baize William C
Bought by
Hughes Robert H
Seller's Agent
Karen Elliott
RE/MAX FIRST
Buyer's Agent
Karen Elliott
RE/MAX FIRST
List Price
$114,900
Sold Price
$87,500
Premium/Discount to List
-$27,400
-23.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.60%
Original Mortgage
$66,900
Interest Rate
4.55%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Historicrentals Llc | -- | -- | |
| Hughes Robert H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hughes Robert H | $66,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/29/2014 01/29/14 | Sold | $87,500 | -23.8% | $26 / Sq Ft |
| 01/18/2014 01/18/14 | Pending | -- | -- | -- |
| 05/02/2013 05/02/13 | For Sale | $114,900 | -- | $34 / Sq Ft |
Source: Southern Indiana REALTORS® Association
Tax History Compared to Growth
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 | $4,027 | $118,700 | $16,900 | $101,800 |
| 2023 | $4,027 | $121,000 | $16,900 | $104,100 |
| 2022 | $2,504 | $116,900 | $16,900 | $100,000 |
| 2021 | $2,320 | $107,500 | $16,900 | $90,600 |
| 2020 | $2,327 | $107,600 | $16,900 | $90,700 |
| 2019 | $2,334 | $107,900 | $16,900 | $91,000 |
| 2018 | $2,320 | $106,600 | $16,900 | $89,700 |
| 2017 | $2,365 | $106,800 | $16,900 | $89,900 |
| 2016 | $2,878 | $143,600 | $16,900 | $126,700 |
| 2014 | $1,338 | $66,700 | $16,900 | $49,800 |
| 2013 | -- | $65,100 | $16,900 | $48,200 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Southern Indiana REALTORS® Association
MLS Number: 201303269
APN: 22-05-00-200-829.000-008
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.
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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