NOT LISTED FOR SALE

821-823 Commerce St New Albany, IN 47150

Estimated Value: $183,722 - $239,000

4 Beds
2 Baths
1,550 Sq Ft
$139/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $148,000 $95 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,435/month

3 Days on Market

Highlights

  • Open Floorplan
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Shed
  • Landscaped

About This Home

As of November 2020

Updated, cash flowing duplex close to Scribner Middle School, downtown New Albany, and State St sitting back on a dead-end street! Currently rented for $1,600 per month. Owner pays water, sewer, and trash. See agent for breakdown of income/expenses attached. Built in 1992 with recent updates including the bathroom, luxury vinyl plank floors in hall/living room/kitchen/bath, carpet in both BR’s, paint, some new light fixtures, kitchen cabinets, countertops, and sink/faucet. The living room is open to the kitchen with a laundry closet. There are 2 bedrooms and a full bath at the back of each unit. Side door leads to parking for each unit and each unit comes with a shed. All photos are of 823 Commerce (right side) 821 is the same floor plan, except flip flopped.

Last Agent to Sell the Property

Jesse Niehaus

Semonin REALTORS License #RB14038872 Listed on: 08/12/2020

Semonin REALTORS

Co-Listed By

Susan Block

Semonin REALTORS License #RB14022957

Last Buyer's Agent

Stephannie Wilson

Schuler Bauer Real Estate Services ERA Powered (N License #RB14039714

Schuler Bauer Real Estate Services ERA Powered  (N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,626

Year Built

  • Built in 1992

Lot Details

  • 7,928 Sq Ft Lot
  • Landscaped

Home Design

  • Frame Construction

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property
  • Open Floorplan

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220500300171000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,626

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Improvements: 62600
  • Annual Tax: 1626
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Land Assessment: 12500
  • Legal Description: P.56 L.83 & PRT L.81; 0.159 AC
  • Out Buildings: Shed
  • Parcel Number: 220500300171000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 75100
  • Total Finished Square Footage: 1550
  • Type: 1 Story
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Above Grade Finished Sq Ft: 1550.00
  • Appliances: Dishwasher, Microwave
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Interior Amenities: Open Floor Plan
  • Lot Sq Ft: 7927.92
  • Room Count: 10
  • Sewer Type: Sewer
  • Total Sq Ft: 1550
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Landscaped

Utilities

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

Lot Info

  • Acres: 0.1820
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Nov 18, 2020
Sold by
Cpr Investments Llc
Bought by
Asokan Rmya
Seller's Agent
Jesse Niehaus
Semonin REALTORS
Buyer's Agent
Stephannie Wilson
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$148,000
Sold Price
$148,000
Total Days on Market
3
Current Estimated Value
$215,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,931
Avg. Annual Appreciation
8.50%
Original Mortgage
$111,000
Outstanding Balance
$83,561
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$131,092

Purchase Details

Listed on
Oct 10, 2019
Closed on
Nov 5, 2019
Sold by
Meridian Holdings Llc
Bought by
Cpr Investments Llc
Seller's Agent
Margaret Clark
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Vince Hopper
eXp Realty, LLC
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.75%

Purchase Details

Listed on
Aug 1, 2016
Closed on
Nov 30, 2016
Sold by
Murphy Dennis and Murphy Merline
Bought by
Meridian Holdings Llc
Seller's Agent
Bob Sokoler
RE/MAX Properties East
Buyer's Agent
Bob Sokoler
RE/MAX Properties East
List Price
$95,000
Sold Price
$85,000
Premium/Discount to List
-$10,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%
Source: Public Records

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Range of Values:

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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
Asokan Rmya -- None Available
Cpr Investments Llc -- None Available
Meridian Holdings Llc -- --
Murphy Dennis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asokan Rmya $111,000
Closed Asokan Ramya $111,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $148,000 0.0% $95 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $148,000 +28.7% $95 / Sq Ft
11/07/2019 11/07/19 Sold $115,000 0.0% $74 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $115,000 +35.3% $74 / Sq Ft
11/30/2016 11/30/16 Sold $85,000 -10.5% $55 / Sq Ft
11/02/2016 11/02/16 Pending -- -- --
07/31/2016 07/31/16 For Sale $95,000 -- $61 / 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 $2,724 $110,500 $12,500 $98,000
2023 $2,724 $98,200 $12,500 $85,700
2022 $1,935 $90,200 $12,500 $77,700
2021 $1,714 $79,300 $12,500 $66,800
2020 $1,716 $79,300 $12,500 $66,800
2019 $1,626 $75,100 $12,500 $62,600
2018 $1,710 $78,500 $12,500 $66,000
2017 $1,806 $81,200 $12,500 $68,700
2016 $1,080 $80,400 $12,500 $67,900
2014 $877 $95,100 $12,600 $82,500
2013 -- $92,600 $12,500 $80,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202009875

Southern Indiana REALTORS® Association

APN: 22-05-00-300-171.000-008