NOT LISTED FOR SALE

703 W Spring St New Albany, IN 47150

Estimated Value: $127,000 - $167,000

2 Beds
1.5 Baths
1,000 Sq Ft
$144/Sq Ft Est. Value

Last Sold January 19, 2021

Last sale price $92,000 $92 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $787/month

Highlights

  • Enclosed Patio or Porch
  • Fenced Yard
  • Home Security System
  • First Floor Utility Room
  • Walk-In Closet
  • Shed

About This Home

As of January 2021

Cozy Bungalow Style home Convenient to Downtown New Albany Shopping/Entertainment and Minutes to Louisville! YOU and YOUR guests will be welcomed into the home through the Enclosed Front Porch perfect for morning coffee or reading a book. Inside the Large Family Room and Adjoining Dining Room offer space to relax or entertain. Great size Kitchen for Cooking with room enough for a Kitchen Table. The Main Bedroom is a charmer with the Original Hardwood Floor and Walk-In Closet. Bed 2 has its own Private Half Bath! The PRIVATE Fenced in Back Yard is perfect to relax after a long day! LOOK AT THESE UPDATES! New Metal ROOF 2020, New Sump Pump 2020, New Gas Furnace 2019, New A/C 2019, New Windows throughout most of the house 2019! Security System and Cameras remain.

Last Agent to Sell the Property

David Bauer

Schuler Bauer Real Estate Services ERA Powered (N License #RB14014626 Listed on: 11/11/2020

Co-Listed By

Andrea Bogdon

Schuler Bauer Real Estate Services ERA Powered (N License #RB17000026

Last Buyer's Agent

Rebecca Philpott

The Chris Fox Realty Group License #RB16000221

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $424

Year Built

  • Built in 1929

Lot Details

  • 3,485 Sq Ft Lot
  • Fenced Yard

Parking

  • Off-Street Parking

Home Design

  • Brick Foundation
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • First Floor Utility Room
  • Sump Pump
  • Home Security System

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220500300587000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$424

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 26000
  • Additional Parking: Off Street
  • Annual Tax: 424
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Brick (Solid), Concrete Block
  • Land Assessment: 10400
  • Legal Description: P. 146 L. 16
  • Out Buildings: Shed
  • Parcel Number: 220500300587000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 36400
  • Total Deduction Amnt: 46176
  • Total Finished Square Footage: 1000
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 1000.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Utility, Ceiling Fan(s), Family Room, Security System, Sump Pump, Walk-In Closet(s)
  • Lot Sq Ft: 3484.80
  • Room Count: 8
  • Sewer Type: Sewer
  • Total Sq Ft: 1000
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Porch, Enclosed Porch, Fenced Yard

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.0800
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
Jan 19, 2021
Sold by
Vaal Erin L
Bought by
Mccormick Debra Cecile
Seller's Agent
David Bauer
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Rebecca Philpott
The Chris Fox Realty Group
List Price
$92,000
Sold Price
$92,000
Current Estimated Value
$144,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,233
Avg. Annual Appreciation
8.45%
Original Mortgage
$90,333
Outstanding Balance
$81,581
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$53,117

Purchase Details

Listed on
Jul 1, 2019
Closed on
Aug 14, 2019
Sold by
Scott Randal and Scott Laurie L
Bought by
Vaal Erin L
Seller's Agent
Rachel Dreyer
Keller Williams Louisville East
Buyer's Agent
NON MEMBER
NON-MEMBER OFFICE
List Price
$74,900
Sold Price
$76,900
Premium/Discount to List
$2,000
2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.26%
Original Mortgage
$64,900
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2015
Closed on
Sep 15, 2015
Sold by
Fannie Mae
Bought by
Scott Laurie L and Scott Randal
Seller's Agent
Don Lincoln
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Matt Lincoln
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$18,500
Sold Price
$10,000
Premium/Discount to List
-$8,500
-45.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.72%

Purchase Details

Closed on
Jun 9, 2015
Sold by
Floyd County Sheriff
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 25, 2007
Sold by
Graf Norma J
Bought by
Chapman Jennifer I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.2%
Mortgage Type
New Conventional
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
Mccormick Debra Cecile -- None Available
Vaal Erin L -- None Available
Scott Laurie L $10,000 --
Federal National Mortgage Association -- --
Chapman Jennifer I -- Agency Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccormick Debra Cecile $90,333
Previous Owner Vaal Erin L $64,900
Previous Owner Chapman Jennifer I $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2021 01/19/21 Sold $92,000 0.0% $92 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $92,000 +19.6% $92 / Sq Ft
08/14/2019 08/14/19 Sold $76,900 +2.7% $77 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $74,900 +649.0% $75 / Sq Ft
09/22/2015 09/22/15 Sold $10,000 -45.9% $10 / Sq Ft
09/11/2015 09/11/15 Pending -- -- --
06/28/2015 06/28/15 For Sale $18,500 -- $19 / 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 $280 $37,700 $10,400 $27,300
2023 $280 $40,900 $10,400 $30,500
2022 $850 $39,600 $10,400 $29,200
2021 $1,581 $73,300 $10,400 $62,900
2020 $788 $36,400 $10,400 $26,000
2019 $425 $33,700 $10,400 $23,300
2018 $229 $33,400 $10,400 $23,000
2017 $233 $33,400 $10,400 $23,000
2016 $851 $42,300 $10,400 $31,900
2014 -- $36,100 $10,400 $25,700
2013 -- $35,300 $10,400 $24,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2020011917

Southern Indiana REALTORS® Association

APN: 22-05-00-300-587.000-008