$94,000
SOLD AUG 23, 2016

903 E Main St New Albany, IN 47150

2 Beds
1 Bath
1,072 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$88 Per Sq Ft

6% Below List Price

45 Days on Market

Highlights

  • 1 Fireplace
  • Patio
  • Forced Air Heating and Cooling System
  • Fenced Yard
  • 1-Story Property
  • Ceiling Fan

About This Home

As of August 2016

Walk out your front door every morning and see some of the most well known historic homes in Southern Indiana. Welcome to The Historic Burk-Nickel house on Mansion Row in beautiful downtown New Albany! Built in 1893, this shotgun style house has been extensively remodeled and updated to modern standards, all while keeping its period charm! Original brick walkway and patio lead to the backyard, which has a quaint courtyard feel to it. The windows, HVAC, siding, fixtures, bathroom and kitchen have all been updated, as well as blown-in insulation added to the attic. Walk to some of the best restaurants in Metro Louisville, and stroll down to Ohio River Waterfront just blocks away. Go back in time with this home and feel the history, all while residing in historic downtown New Albany.

Last Agent to Sell the Property

Joshua Vida

Paradigm Realty Solutions License #RB14030173 Listed on: 05/18/2016

Last Buyer's Agent

Lisa Williams

Schuler Bauer Real Estate Services ERA Powered (N License #RB14047223

Schuler Bauer Real Estate Services ERA Powered  (N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $424

Year Built

  • Built in 1929

Lot Details

  • 3,485 Sq Ft Lot
  • Fenced Yard

Parking

  • Off-Street Parking

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 1,072 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Sump Pump

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 220502800933000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$424

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 20900
  • Additional Parking: Off Street
  • Annual Tax: 424
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Deduction Type: Homestead Standard, Mortgage
  • Foundation: Brick (Solid)
  • Land Assessment: 12400
  • Legal Description: PLAT 35 E 1/2 L 1 & 30'XII2 1/2' & 7 1/2' X 30'
  • Lot Dimensions: 30' x 112 1/2' -&- 7 1/2' x 30'
  • Numof Fireplaces: 1
  • Parcel Number: 220502800933000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 33300
  • Total Finished Square Footage: 1072
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Above Grade Finished Sq Ft: 1072.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposal, Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s), Sump Pump
  • Lot Measurement: Acres
  • Lot Sq Ft: 3485.00
  • Room Count: 5
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1072
  • Total Rooms: 4

Exterior Features

  • Exterior Features: Fenced Yard, Patio

Garage/Parking

  • Garage Spaces: 0

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.0800
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Aug 15, 2016
Sold by
Cottle Griffin W and Burke Rebekah
Bought by
Williams Austin S
Seller's Agent
Joshua Vida
Paradigm Realty Solutions
Buyer's Agent
Lisa Williams
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$99,500
Sold Price
$94,000
Premium/Discount to List
-$5,500
-5.53%
Current Estimated Value
$160,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,416
Avg. Annual Appreciation
6.93%
Original Mortgage
$92,297
Outstanding Balance
$75,437
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$95,860

Purchase Details

Closed on
May 16, 2011
Sold by
Pahner Steven R
Bought by
Pahner Brenda L

Purchase Details

Closed on
Jun 30, 2008
Sold by
Kochert Lonnie and Kochert Carol
Bought by
Pahner Steven R and Pahner Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2006
Sold by
Lally John
Bought by
Kochert Lonnie and Kochert Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
6.16%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed -- --
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $92,297 FHA
Previous Owner $80,000 New Conventional
Previous Owner $45,000 New Conventional
Previous Owner $58,400 New Conventional
Previous Owner $55,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2016 08/23/16 Sold $94,000 -5.5% $88 / Sq Ft
07/02/2016 07/02/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $99,500 +32.7% $93 / Sq Ft
09/29/2014 09/29/14 Sold $75,000 -6.1% $70 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
06/03/2014 06/03/14 For Sale $79,900 -- $75 / 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 $557 $80,700 $12,400 $68,300
2023 $557 $82,200 $12,400 $69,800
2022 $522 $79,100 $12,400 $66,700
2021 $435 $73,300 $12,400 $60,900
2020 $420 $73,300 $12,400 $60,900
2019 $407 $73,300 $12,400 $60,900
2018 $399 $72,600 $12,400 $60,200
2017 $404 $72,200 $12,400 $59,800
2016 $370 $71,500 $12,400 $59,100
2014 $227 $33,300 $12,400 $20,900
2013 -- $32,600 $12,400 $20,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201603282

Southern Indiana REALTORS® Association

APN: 22-05-02-800-933.000-008