$50,000
SOLD MAR 28, 2022

705 W Spring St New Albany, IN 47150

2 Beds
2 Baths
1,488 Sq Ft
2,962 Sq Ft Lot

Recently Sold

$34 Per Sq Ft

28% Below List Price

Highlights

  • 1 Fireplace
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • First Floor Utility Room
  • Shed
  • Ceiling Fan

About This Home

As of March 2023

New project for sale for the new year. Motivated Seller! Minutes from downtown New Albany and the expressway make this a great location for anybody. Enter the house and be welcomed by a living room with fireplace and tall windows. A full bath and a bedroom are also located on the first floor. The former grandeur is apparent as you move towards the rear into the large eat-in kitchen. Upstairs, there is another full bath and large bedroom that could be two. The house will need a lot of work - flooring, paint, and work on the outside to make it a top-notch property. Sold As-Is.

Last Agent to Sell the Property

Thomas Butler

Semonin REALTORS License #RB20000639 Listed on: 01/03/2022

Semonin REALTORS

Last Buyer's Agent

Lori Lopez

EXIT Realty Choice License #RB19002214

EXIT Realty Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $284

Year Built

  • Built in 1929

Lot Details

  • 2,962 Sq Ft Lot
  • Lot Dimensions are 30 x 100
  • Property is zoned Multi Family

Home Design

  • Frame Construction

Interior Spaces

  • 1,488 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • First Floor Utility Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 220500300588000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$284

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 30800
  • Annual Tax: 284
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Unknown
  • Land Assessment: 9600
  • Legal Description: P 146 L 17
  • Lot Dimensions: 30 x 100
  • Numof Fireplaces: 1
  • Out Buildings: Shed
  • Parcel Number: 220500300588000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 40400
  • Total Deduction Amnt: 29600
  • Total Finished Square Footage: 1488
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Unknown
  • Above Grade Finished Sq Ft: 1488.00
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Fireplace: Unknown
  • Interior Amenities: 1st Floor Utility, Ceiling Fan(s), Eat-In Kitchen, Family Room
  • Lot Sq Ft: 2962.08
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 1488
  • Total Rooms: 5

Utilities

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

Lot Info

  • Acres: 0.0680
  • Zoning: Residential, Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2023
Closed on
Mar 13, 2023
Sold by
Graceland Development Group Llc
Bought by
Rittman Wesley Conner
Seller's Agent
Donna Mink
Mink Realty
Buyer's Agent
NON MEMBER
NON-MEMBER OFFICE
List Price
$239,000
Sold Price
$229,900
Premium/Discount to List
-$9,100
-3.81%
Views
92
Current Estimated Value
$223,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,627
Avg. Annual Appreciation
1.00%
Original Mortgage
$183,920
Outstanding Balance
$179,171
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$56,635

Purchase Details

Listed on
Jan 3, 2022
Closed on
Mar 28, 2022
Sold by
Wesley Investment Properties Llc
Bought by
Graceland Development Group Llc
Seller's Agent
Thomas Butler
Semonin REALTORS
Buyer's Agent
Lori Lopez
EXIT Realty Choice
List Price
$69,900
Sold Price
$50,000
Premium/Discount to List
-$19,900
-28.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
389.98%

Purchase Details

Closed on
Dec 23, 2021
Sold by
Nevil Dale and Nevil Ashley
Bought by
Investment Properties Llc

Purchase Details

Closed on
May 3, 2017
Sold by
Battles Robert D and Battles Jean Z
Bought by
Nevil Dale and Nevil Ashley
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 Type Sale Price Title Company
Warranty Deed $229,900 --
Warranty Deed $100,000 Donahue Lee Harris
Warranty Deed $64,000 None Available
Quit Claim Deed -- Kemp Title Agency Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $183,920 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2023 03/13/23 Sold $229,900 -2.5% $152 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/14/2023 02/14/23 Price Changed $235,900 -1.3% $156 / Sq Ft
01/29/2023 01/29/23 For Sale $239,000 0.0% $158 / Sq Ft
01/19/2023 01/19/23 Pending -- -- --
01/18/2023 01/18/23 Price Changed $239,000 -4.4% $158 / Sq Ft
01/09/2023 01/09/23 Price Changed $249,900 -2.0% $165 / Sq Ft
12/22/2022 12/22/22 For Sale $254,900 +409.8% $169 / Sq Ft
03/28/2022 03/28/22 Sold $50,000 -19.4% $34 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
01/25/2022 01/25/22 Price Changed $62,000 -4.5% $42 / Sq Ft
01/17/2022 01/17/22 Price Changed $64,900 -7.2% $44 / Sq Ft
01/14/2022 01/14/22 For Sale $69,900 0.0% $47 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $69,900 -- $47 / 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 $310 $107,700 $9,600 $98,100
2023 $310 $45,800 $9,600 $36,200
2022 $950 $44,300 $9,600 $34,700
2021 $294 $40,400 $9,600 $30,800
2020 $284 $40,400 $9,600 $30,800
2019 $253 $37,200 $9,600 $27,600
2018 $350 $36,900 $9,600 $27,300
2017 $1,766 $36,900 $9,600 $27,300
2016 $743 $36,900 $9,600 $27,300
2014 $642 $31,800 $9,600 $22,200
2013 -- $31,100 $9,600 $21,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202205036

Southern Indiana REALTORS® Association

APN: 22-05-00-300-588.000-008