$85,000
SOLD NOV 30, 2016

821-823 Commerce St New Albany, IN 47150

-- Bed
-- Bath
1,550 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

11% Below List Price

94 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Central Air

About This Home

As of November 2020

Investors and Home Buyers take note! Why pay a mortgage when your neighbor can pay it for you! This is an amazing investment property. This New Albany Duplex features 2 bedrooms and 1 bath. Live in one side and rent out the other. Call for appointment today. Duplexes mirror one another.

Last Agent to Sell the Property

Bob Sokoler

RE/MAX Properties East Brokerage Phone: (502) 376-5483 License #206702 Listed on: 08/01/2016

Last Buyer's Agent

Bob Sokoler

RE/MAX Properties East Brokerage Phone: (502) 376-5483 License #206702 Listed on: 08/01/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,724

Year Built

  • Built in 1992

Home Design

  • 1,550 Sq Ft Home
  • Duplex
  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,724

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Lot Dimensions: 0
  • Property Sub Type: Duplex
  • Property Type: MultiFamily
  • Attribution Contact: (502) 376-5483
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 1550.0
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Other
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Special Features: VirtualTour

Exterior Features

  • Roof: Shingle
  • Acres: 0.16
  • Construction Type: Vinyl Siding
  • Exterior Features: None

Garage/Parking

  • General Property Description:_pound_ Parking Spaces: 4.0

Utilities

  • Utilities: City Water
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6926.0
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 0
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Year Built: 1992

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

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
Current Estimated Value
$212,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,428
Avg. Annual Appreciation
8.37%
Original Mortgage
$111,000
Outstanding Balance
$83,561
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$132,370

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

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 -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $111,000 New Conventional
Closed $111,000 New Conventional
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: Metro Search (Greater Louisville Association of REALTORS®)

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: Metro Search (Greater Louisville Association of REALTORS®)

MLS Number: 1454415

Metro Search (Greater Louisville Association of REALTORS®)

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