NOT LISTED FOR SALE

916 E Market St New Albany, IN 47150

Estimated Value: $207,000 - $294,476

4 Beds
3 Baths
2,418 Sq Ft
$109/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $230,000 $95 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,705/month

6 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of November 2021

Investors, this property is for you! Or if you’re a savvy buyer looking to live in one unit and rent the other 2 units to help pay for the mortgage, this could be the property for you! This large 3 unit property is ready for a new owner! All 3 units are currently rented! Unit #1 was fully renovated in 2021! The seller will install a new roof and 2 new heating and air PTAC units before closing! The exterior was freshly painted in 2021! Units 2 and 3 have longer term tenants! All units have a good payment history! Great location in downtown New Albany within walking distance to all the shops and restaurants! This home is part of the Mansion Row Historic District! Newalbanypreservation.com for details. Per the seller, there are tax benefits for the home being historic! Call today to schedule a private showing! Tenants rights apply.

Last Agent to Sell the Property

Chris Koerner

Property Advancement Realty License #RB14051669 Listed on: 09/02/2021

Last Buyer's Agent

Diamond Shirley

License #RB16000842

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,931

Year Built

  • Built in 1929

Lot Details

  • 4,356 Sq Ft Lot
  • Property is zoned Multi Family

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,418 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Basement
  • Basement Cellar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220502800923000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,931

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 135100
  • Annual Tax: 2931
  • Appointment: 24 Hour Notice
  • Construction: Frame On-Site
  • Land Assessment: 14900
  • Legal Description: P 35 E.35' L 8 & R 10' L 7
  • Numof Fireplaces: 1
  • Parcel Number: 220502800923000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 150000
  • Total Finished Square Footage: 2418
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 2418.00
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Fireplace: Decorative
  • Lot Sq Ft: 4356.00
  • Room Count: 12
  • Sewer Type: Sewer
  • Total Sq Ft: 2418
  • Total Rooms: 9

Exterior Features

  • Exterior Features: Covered Porch, Deck, Vinyl Siding

Garage/Parking

  • Garage Type: Off Street

Utilities

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

Lot Info

  • Acres: 0.1000
  • Zoning: Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Nov 5, 2021
Sold by
Port Building Systems Inc
Bought by
Habakkuk Legacy Management Llc
Seller's Agent
Chris Koerner
Property Advancement Realty
Buyer's Agent
Diamond Shirley
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%
Current Estimated Value
$264,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,369
Avg. Annual Appreciation
1.45%
Original Mortgage
$196,000
Outstanding Balance
$156,933
Interest Rate
2.23%
Mortgage Type
Construction
Estimated Equity
$86,008

Purchase Details

Closed on
Sep 2, 2020
Sold by
Bellamy Ideisha L and Bellamy Theophilus D
Bought by
Port Building Systems Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,200
Interest Rate
2.8%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 30, 2019
Sold by
Urquhart Joy
Bought by
Bellamy Ideisha L and Bellamy Theophilus D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,750
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Habakkuk Legacy Management Llc $460,000 Turn Key Title
Port Building Systems Inc -- None Available
Bellamy Ideisha L -- Louisville Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Habakkuk Legacy Management Llc $196,000
Closed Habakkuk Legacy Management Llc $196,000
Previous Owner Port Building Systems Inc $101,250
Previous Owner Port Building Systems Inc $106,200
Previous Owner Bellamy Ideisha L $72,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $230,000 +2.2% $95 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $225,000 -- $93 / 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 $12,111 $183,900 $14,900 $169,000
2023 $12,111 $161,500 $14,900 $146,600
2022 $3,483 $163,100 $14,900 $148,200
2021 $3,228 $150,000 $14,900 $135,100
2020 $2,932 $136,000 $14,900 $121,100
2019 $2,686 $124,500 $14,900 $109,600
2018 $2,672 $123,100 $14,900 $108,200
2017 $2,723 $123,300 $14,900 $108,400
2016 $2,442 $122,100 $14,900 $107,200
2014 $2,086 $104,300 $14,900 $89,400
2013 -- $101,400 $14,900 $86,500
Source: Public Records

Agents Affiliated with this Home

  • Chris Koerner

    Seller's Agent in 2021

    Chris Koerner

    Property Advancement Realty

    (502) 639-3219

    73 in this area

    330 Total Sales

    Section Image

  • D

    Buyer's Agent in 2021

    Diamond Shirley

    31 in this area

    101 Total Sales

    Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2021010570

Southern Indiana REALTORS® Association

APN: 22-05-02-800-923.000-008

Indiana Floyd County New Albany 47150

916 E Market St, New Albany, IN

This home is located at 916 E Market St, New Albany, IN 47150 since 02 September 2021 and is currently estimated at $264,369, approximately $109 per square foot. This property was built in 1929. 916 E Market St is a home located in Floyd County with nearby schools including S. Ellen Jones Elementary School, Nathaniel Scribner Middle School, and New Albany Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

Nearby Homes