See Home Value
$344,806*
House - Off Market

409 E Elm St

New Albany, IN 47150
bedrooms
3 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
2365 Sqft
$297,000 - $363,000
Reference Base Price*
4.49%
Since Mar 1, 2023
National-US
Primary Model
Sold Feb 06, 2007
$50,000
$165,000 by Quicken Loans Inc
Mortgage Due Aug 01, 2035

About This Property

Investment Opportunity-ZONED BOTH RESIDENTAL AND COMMERCIAL-this meticulously kept, updated home/business in DOWNTOWN NEW ALBANY allows new owners many options. The business side offers over 720 sq ft of open finished space off the main living area, w/ a half bath & its own entrance. AMPLE PARKING SPACES in back of home plus street parking w/ HANDICAP ACCESSIBLE RAMPS make this an ideal set up & location due to being just 2 blocks from the Farmers Market, Local Restaurants, Downtown Shops, Greenway by the river. Current business is a salon that the seller would like to keep renting w/ new owners. The Stunning LIVING AREA OFFERS 3 BEDROOMS/2 FULL BATH w/ open floor plan, high ceilings & exquisite flooring throughout.The first floor features a large living room, dining area, floor to ceiling built in book shelves, 2 spacious bedrooms plus full bath.The Kitchen has a gourmet feel boasting an abundance of cabinets, QUARTZ counter tops, Stainless Steel Appliances, GAS RANGE, & pantry. Off the kitchen is a spacious laundry room w/ clothes washer/dryer remaining. The spiral staircase leads you to the SECOND FLOOR offering a magnificent BEDROOM SUITE w/FULL BATH. The covered back porch is perfect for relaxing & enjoying your morning coffee. WHAT YOU REALLY WANT TO KNOW ABOUT IS THE UPDATES. Let's start with the Windows, water heaters, insulation, wiring, paint, lighting, HVAC, exterior siding, stone, gutter/downspouts, roof, landscaping & so much more-list attached!

The manager has listed the unit size as 2365 square feet.
Unit Size
2,365Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$140
Property Type
House
Property Taxes
$540
HOA Dues
-
Year Built
1947

Price History

Date / Event Date Event Price
Feb 28, 2023 No longer available -
No longer available
Dec 10, 2022 Listed $330,000
Listed
Investment Opportunity-ZONED BOTH RESIDENTAL AND COMMERCIAL-this meticulously kept, updated home/business in DOWNTOWN NEW ALBANY allows new owners many options. The business side offers over 720 sq ft of open finished space off the main living area, w/ a half bath & its own entrance. AMPLE PARKING SPACES in back of home plus street parking w/ HANDICAP ACCESSIBLE RAMPS make this an ideal set up & location due to being just 2 blocks from the Farmers Market, Local Restaurants…
Nov 29, 2022 Listed $330,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Fair
  • Building Quality: D+
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 850
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,187
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,160
  • Building Area: 2,160
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,160
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: UPPER ELM STREET 93
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P 93 L 36

Ownership

  • Current Owner : HUGES DONALD
  • Previous Owner : YENNES MOHAMMAD H
  • Previous Owner 2: YENNES LAURA B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Albany-Floyd County Consolidated Schools
  • Census Tract: 070500

Geography

  • Assessors Map Reference: 05-03-5SB-223
  • Account Number: 0087790066
  • District: 0005
  • Parcel: 22-05-03-500-146.000-008
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.2885
  • Longitude: -85.8202

    Address

  • Full Address: 409 E Elm St
  • Address - House Number: 409
  • Street Direction: E
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: IN
  • City Name: New Albany
  • Carrier Code: C002
  • 4-Digit Zip Code: 3320
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 3,860
  • Tax Year: 2023
  • Tax Amount: $557
  • Tax Rate Code Area: 8:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.1582
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 341,512
  • High Value: 395,567
  • Low Value: 287,457

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 03, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $165,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2035

    Market Valuation

  • Market Total Value: $80,000
  • Market Land Value: $13,500
  • Market Improvement Value: $66,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,000
  • Assessed Land Value: $13,500
  • Assessed Improvements Value: $66,500

    Sales

  • Current Sale Contract Date: Jan 29, 2007
  • Current Sale Recording Date: Feb 06, 2007
  • Current Sale Transaction ID: 1149136961
  • Current Sale Price: $50,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200701591



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About New Albany


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Frequently Asked Questions

When was property at 409 East Elm Street built and last sold?
The property at 409 East Elm Street was built in 1947 and last sold on Jan 29, 2007 for $50,000.
How much is this home worth?
The estimated value of the home located at 409 East Elm Street is $338,019.
What are some comparable homes to 409 East Elm Street?
There are currently no comparable homes to 409 East Elm Street.

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