NOT LISTED FOR SALE

834 State St New Albany, IN 47150

Estimated Value: $270,000

4 Beds
1 Bath
2,244 Sq Ft
$120/Sq Ft Est. Value

Last Sold December 23, 2013

Last sale price $20,000 $9 Per Sq Ft

Est. 1,250% increase in value since last sale

Current estimated payment $1,566/month

31 Days on Market

About This Home

As of December 2013

This is going to be a wonderful opportunity for the right investor. The home was being carved into a four unit apartment complex and can be used for commercial space. The front of the dwelling can be used as an office or retail space and will demand a higher rental rate than the other three one bedroom units once the work has been completed. 2244 is a lot of square footage for the money. Some work still needs to be done, and for the right person, this will have great cash flow. Do not delay, because this one is priced to sell and the seller is highly motivated. Sq ft & rm sz approx.

Last Listed By

Eric Hobaugh

Keller Williams Realty Consultants License #RB14045488 Listed on: 11/15/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 3,006 Sq Ft Lot
  • Property is zoned Multi Family

Home Design

  • Frame Construction

Interior Spaces

  • 2,244 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220503401611000008

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 23500
  • Annual Tax: 1119
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Unknown
  • Land Assessment: 18300
  • Legal Description: Plat 197 W 70' N 40' Lot 21
  • Lot Dimensions: see lot size
  • Parcel Number: 220503401611000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 41800
  • Total Finished Square Footage: 2244
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 2244.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • Lot Measurement: Acres
  • Lot Sq Ft: 3006.00
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 2244
  • Total Rooms: 7

Garage/Parking

  • Garage Spaces: 0

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.0700
  • Zoning: Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2013
Closed on
Dec 23, 2013
Sold by
Mark Pence Manager
Bought by
Zelli John R
Seller's Agent
Eric Hobaugh
Keller Williams Realty Consultants
Buyer's Agent
Pat Groves
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$29,900
Sold Price
$20,000
Premium/Discount to List
-$9,900
-33.11%
Total Days on Market
31
Current Estimated Value
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,000
Avg. Annual Appreciation
21.98%

Purchase Details

Closed on
Mar 2, 2012
Sold by
Auditor Of The County Of Floyd
Bought by
Mlpspst Number 1 Llc

Range of Values:

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Average Value
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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
Zelli John R $20,000 --
Mlpspst Number 1 Llc $5,303 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2013 12/23/13 Sold $20,000 -33.1% $9 / Sq Ft
12/16/2013 12/16/13 Pending -- -- --
11/15/2013 11/15/13 For Sale $29,900 -- $13 / 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 $829 $18,300 $18,300 $0
2023 $829 $18,300 $18,300 $0
2022 $530 $18,300 $18,300 $0
2021 $533 $18,300 $18,300 $0
2020 $216 $31,800 $18,300 $13,500
2019 $209 $31,800 $18,300 $13,500
2018 $207 $31,600 $18,300 $13,300
2017 $220 $31,700 $18,300 $13,400
2016 $202 $31,500 $18,300 $13,200
2014 $224 $31,600 $18,300 $13,300
2013 -- $41,500 $18,300 $23,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201308219

Southern Indiana REALTORS® Association

APN: 22-05-03-401-611.000-008