See Home Value
$199,065*
House - Off Market

615 E 5th Street

New Albany, IN 47150
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1872 Sqft
$126,000 - $154,000
Reference Base Price*
42.19%
Since May 1, 2020
National-US
Primary Model
Sold Nov 01, 2021
$174,000
$139,200 by Park Community Cu
Mortgage Due Nov 10, 2036
Sold Oct 01, 2020
$135,900
$108,750 by Caliber Home Loans Inc
Mortgage Due Oct 01, 2050

About This Property

1989 built DUPLEX. Each unit is 2 bedrooms & 1.5 baths and rents are currently $750 & $850. Owner pays water (avg $65 a month) & sewer (avg $100 a month). Located in BOOMING downtown New Albany, in close proximity to all the shopping and restaurants that downtown has to offer. Approx. $1275 in monthly net income, after property taxes, insurance and utilities.

The manager has listed the unit size as 1872 square feet.
Unit Size
1,872Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$75
Property Type
House
Property Taxes
$1,185
HOA Dues
-
Year Built
1989

Price History

Date / Event Date Event Price
Apr 24, 2020 No longer available -
No longer available
Apr 9, 2020 Price Decreased $140,000
↓ $10K (6.7%)
Price Decreased
Jan 29, 2020 Relisted $150,000
Relisted
Jan 27, 2020 No longer available -
No longer available
Jan 25, 2020 Price Decreased $150,000
↓ $10K (6.3%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,744
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 230
  • Total Building Area: 1,872
  • Building Area: 1,872
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,872
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MCDONALD AVE 490
  • Land Acres: 0.063
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: P. 85 N 23' L. 12 615 E. 5TH ST.

Ownership

  • Current Owner : KCK PROPERTIES LLC
  • Previous Owner : VANWINKLE TYLER
  • Previous Owner 2: VANWINKLE HADIE
  • Owner Before Previous Owner: PECK PROPERTIES LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Assessors Map Reference: 05-03-5SB-205
  • Account Number: 0087760016
  • District: 0005
  • Parcel: 22-05-03-500-113.000-008
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.29
  • Longitude: -85.8205

    Address

  • Full Address: 615 E 5th St
  • Address - House Number: 615
  • Street Direction: E
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: IN
  • City Name: New Albany
  • Carrier Code: C002
  • 4-Digit Zip Code: 3306
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 1,872
  • Tax Year: 2022
  • Tax Amount: $2,510
  • Tax Rate Code Area: 8:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.2331
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 67
  • Final Value: 221,726
  • High Value: 273,416
  • Low Value: 170,037

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $139,200
  • First Open Lien Mortgage Lender: PARK COMMUNITY CU
  • First Open Lien Mortgage Recording Date: Nov 01, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $139,200
  • 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: Nov 10, 2036

    Market Valuation

  • Market Total Value: $112,800
  • Market Land Value: $5,600
  • Market Improvement Value: $107,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $112,800
  • Assessed Land Value: $5,600
  • Assessed Improvements Value: $107,200

    Sales

  • Current Sale Contract Date: Oct 26, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Transaction ID: 11864467004
  • Current Sale Price: $174,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 202117892
  • Previous Sale Recording Date: Oct 01, 2020
  • Previous Sale Contract Date: Sep 25, 2020
  • Previous Sale Amount: $135,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARK COMMUNITY CU
  • First Mortgage Transaction Date: Nov 01, 2021
  • First Mortgage Loan Amount: $139,200
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 10, 2036

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Oct 01, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $108,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2050



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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Nearby Rentals

Unit for rent at 2300 Frederick Ave., New Albany, IN, 47150

$1,550 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,152 ft²
2300 Frederick Ave. #2300 Frederick Ave., New Albany, IN, 47150 Listing by Manager


Frequently Asked Questions

When was property at 615 East 5th Street built and last sold?
The property at 615 East 5th Street was built in 1989 and last sold on Oct 26, 2021 for $174,000.
How much is this home worth?
The estimated value of the home located at 615 East 5th Street is $149,709.
What are some comparable homes to 615 East 5th Street?
There are currently no comparable homes to 615 East 5th Street.

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