$110,000
SOLD DEC 13, 2018

916 E Elm St New Albany, IN 47150

3 Beds
2 Baths
2,332 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$47 Per Sq Ft

44% Below List Price

30 Days on Market

Highlights

  • 5 Fireplaces
  • Central Air
  • Hot Water Heating System
  • 3 Car Detached Garage

About This Home

As of July 2024

Accepted offer, chasing signatures. Historic Home in Downtown New Albany, surround by large homes in very good condition. This has an amazing backyard with a large deck and meandering sidewalks, waiting for your landscaping. The home is subject to New Albany's rules about Historic Homes and I was told it is in the process of being placed on the National Register of Historic Homes. The upstairs bathroom was in the process of being remodeled. Sold As Is, Buyers must have loan approval or proof of funds to be submitted with the offer. SQFT is per tax record, the home feels much bigger. It would be a good idea to verify the size if that is important.

Last Agent to Sell the Property

Andy Sparks

Andy Sparks Real Estate License #RB14016873 Listed on: 10/27/2018

Last Buyer's Agent

Susan Vannis

Ward Realty Services License #RB14048501

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,981

Year Built

  • Built in 1929

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 3 Car Detached Garage
  • Carport

Home Design

  • Frame Construction

Interior Spaces

  • 2,332 Sq Ft Home
  • 2-Story Property
  • 5 Fireplaces
  • Basement
  • Basement Cellar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Hot Water Heating System

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 220502800509000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,981

Year Built

Built in 1929

Lot Details

0

Parking

3

Listing Details

  • Improvements: 151400
  • Annual Tax: 1981
  • Appointment: Mandatory
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Land Assessment: 19100
  • Legal Description: P. 13 L. 27 W 2' L. 29
  • Numof Fireplaces: 5
  • Parcel Number: 220502800509000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 170500
  • Total Finished Square Footage: 2332
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: 20

Interior Features

  • Water Heater: Unknown
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 2332.00
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace: Unknown
  • Lot Sq Ft: 8712.00
  • Room Count: 9
  • Sewer Type: Sewer
  • Total Sq Ft: 2332
  • Total Rooms: 7

Garage/Parking

  • Garage Type: Carport, Detached
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Unknown
  • Heat Type: Hot Water
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.2000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Jul 1, 2024
Sold by
Thompson David and Thompson Melissa
Bought by
Chrisman Edward Joseph and Byers Chrisman Jennifer
Seller's Agent
Rebecca Brashear
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Tammy Hogan
Lopp Real Estate Brokers
List Price
$410,000
Sold Price
$385,000
Premium/Discount to List
-$25,000
-6.1%
Views
82
Current Estimated Value
$396,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,142
Avg. Annual Appreciation
0.83%
Original Mortgage
$150,000
Outstanding Balance
$148,854
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$239,638

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 12, 2021
Sold by
Olund Byerley Candice
Bought by
Thompson David and Thompson Melissa
Seller's Agent
Benjamin Walker
Green Tree Real Estate Services
Buyer's Agent
Benjamin Walker
Green Tree Real Estate Services
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Original Mortgage
$272,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2018
Closed on
Dec 4, 2018
Sold by
Bank Of New York Mellon Truste
Bought by
Olund Byerley Candice
Seller's Agent
Andy Sparks
Andy Sparks Real Estate
Buyer's Agent
Susan Vannis
Ward Realty Services
List Price
$197,600
Sold Price
$110,000
Premium/Discount to List
-$87,600
-44.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.13%

Purchase Details

Closed on
Apr 27, 2018
Sold by
Floyd County Sheriff
Bought by
Bank Of New York
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 $385,000 None Listed On Document
Warranty Deed -- None Available
Limited Warranty Deed $110,000 None Available
Sheriffs Deed $72,527 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Previous Owner $272,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $385,000 -3.7% $132 / Sq Ft
05/25/2024 05/25/24 Pending -- -- --
05/10/2024 05/10/24 Price Changed $399,900 -2.5% $137 / Sq Ft
04/22/2024 04/22/24 For Sale $410,000 +20.6% $140 / Sq Ft
03/12/2021 03/12/21 Sold $340,000 -2.8% $146 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $349,900 +218.1% $150 / Sq Ft
12/13/2018 12/13/18 Sold $110,000 -8.0% $47 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
10/27/2018 10/27/18 Price Changed $119,600 -39.5% $51 / Sq Ft
10/27/2018 10/27/18 For Sale $197,600 -- $85 / 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 $3,806 $414,600 $19,100 $395,500
2023 $3,806 $365,700 $19,100 $346,600
2022 $3,909 $373,300 $19,100 $354,200
2021 $2,487 $242,100 $19,100 $223,000
2020 $4,062 $186,200 $19,100 $167,100
2019 $3,719 $170,500 $19,100 $151,400
2018 $1,939 $169,600 $19,100 $150,500
2017 $1,981 $170,500 $19,100 $151,400
2016 $2,113 $169,000 $19,100 $149,900
2014 $1,572 $141,700 $19,100 $122,600
2013 -- $137,900 $19,100 $118,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2018012683

Southern Indiana REALTORS® Association

APN: 22-05-02-800-509.000-008