$3,500
SOLD JUL 8, 2016

715 Cherry St New Albany, IN 47150

0.14 Acre
$25,000 Price per Acre
5,968 Sq Ft Lot

Recently Sold

$2 Per Sq Ft

26% Below List Price

1 Day on Market

About This Lot

As of October 2020

This is a great opportunity to purchase a vacant lot in the up and coming downtown New Albany district; just down the street from the Silver Hills neighborhood. This lot is just minutes from all the new restaurant and entertainment venues and has easy access to Interstate 64. Prior to seller receipt and approval of the full title package from foreclosure, title to the property will be conveyed by a quit claim deed (if applicable). approx lot dimensions are 50 X 120 (per egis record) Prior to seller receipt and approval of the full title package from foreclosure, title to the property will be conveyed by a quit claim deed

Last Agent to Sell the Property

Kyle Wohrle

Schuler Bauer Real Estate Services ERA Powered (N License #RB14029374 Listed on: 06/22/2016

Schuler Bauer Real Estate Services ERA Powered  (N

Last Buyer's Agent

Kyle Wohrle

Schuler Bauer Real Estate Services ERA Powered (N License #RB14029374 Listed on: 06/22/2016

Schuler Bauer Real Estate Services ERA Powered  (N

Property Details

Property Type

  • Land

Year Built

  • 1929

Lot Details

  • 5,968 Sq Ft Lot

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 220503401303000008

Property Details

Property Type

Land

Year Built

1929

Lot Details

0

Listing Details

  • Annual Tax: 330
  • Bank Owned Foreclosure YN: Yes
  • Land Assessment: 11800
  • Legal Description: P. 64 L. 29
  • Lot Dimensions: Apprix 50 by 120 per egis
  • Parcel Number: 220503401303000008
  • Property Sub Type: Vacant Land
  • Property Type: Vacant Land
  • Total: 11800
  • Special Features: None
  • Year Built: 1929

Interior Features

  • Lot Measurement: Acres
  • Lot Sq Ft: 5968.00

Lot Info

  • Acres: 0.1400
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Oct 27, 2020
Sold by
Chase Murphy Enterprises Inc
Bought by
Crutcher Latonya Renee
Seller's Agent
David Fonseca
Bridge Realtors
Buyer's Agent
Lewis Walden
Ward Realty Services
List Price
$159,900
Sold Price
$159,900
Total Days on Market
1
Current Estimated Value
$218,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,670
Avg. Annual Appreciation
6.36%
Original Mortgage
$157,003
Outstanding Balance
$141,295
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$71,333

Purchase Details

Closed on
Mar 10, 2020
Sold by
Schaefer Built Homes Llc
Bought by
Chase Murphy Enterprises Inc

Purchase Details

Closed on
Jul 30, 2019
Sold by
Cjgh Holdings Llc
Bought by
Schaefer Built Homes Llc

Purchase Details

Closed on
May 8, 2018
Sold by
Rivera Gerardo and Rivera Bessie
Bought by
Cjgh Holdings Llc

Purchase Details

Listed on
Jun 22, 2016
Closed on
Jul 1, 2016
Sold by
Va
Bought by
Rivera Gerardo and Rivera Bessie
Seller's Agent
Kyle Wohrle
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Kyle Wohrle
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$4,750
Sold Price
$3,500
Premium/Discount to List
-$1,250
-26.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.39%

Purchase Details

Closed on
Apr 27, 2016
Sold by
Bank Of America
Bought by
Va

Purchase Details

Closed on
Feb 18, 2016
Sold by
Floyd County Sheriff
Bought by
Bank Of America
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 -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Sheriffs Deed $8,405 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $19,962 New Conventional
Open $157,003 FHA
Previous Owner $24,770 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $159,900 0.0% $138 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $159,900 +4468.6% $138 / Sq Ft
07/08/2016 07/08/16 Sold $3,500 -26.3% $2 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $4,750 -- $3 / 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 $1,939 $125,300 $11,800 $113,500
2023 $1,939 $111,000 $11,800 $99,200
2022 $976 $100,100 $11,800 $88,300
2021 $760 $88,100 $11,800 $76,300
2020 $335 $11,800 $11,800 $0
2019 $325 $11,800 $11,800 $0
2018 $494 $18,000 $11,800 $6,200
2017 $665 $11,800 $11,800 $0
2016 $305 $11,800 $11,800 $0
2014 $1,059 $52,900 $11,800 $41,100
2013 -- $51,600 $11,800 $39,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201604138

Southern Indiana REALTORS® Association

APN: 22-05-03-401-303.000-008