See Home Value
$131,494*
House - Off Market

617 W 7th St

New Albany, IN 47150
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1131 Sqft
$80,000 - $90,000
Reference Base Price*
46.27%
Since Jan 1, 2020
National-US
Primary Model
Sold Sep 29, 2021
$399,800
Sold Jan 22, 2020
$104,000
$83,200 by Mofin Lending Corp
Mortgage Due Feb 01, 2021

About This Property

INCOME-INVESTMENT PROPERTY! LIVE IN ONE & RENT THE OTHER. (2) RENTALS (1)- 3BR UNIT (FRONT HOUSE) Range/Oven & Dishwasher ONLY TO STAY-IN FRONT HOUSE ONLY. & (1)-2BR UNIT (BACK HOUSE) NO APPLIANCES TO STAY. UPGRADES: FRONT HOUSE - NEW ROOF AND FURNACE 2007. NEW CARPET in BEDROOM & LIVING RM on Main Flr. BACK HOUSE - NEW ROOF 2009 & NEW WATER HEATER 2014. BACK HOME: HEAT is NATURAL GAS WALL UNIT, NO A/C, and WATER HEATER is ELECTRIC. Currently, 3BR UNIT Rents for $750.00 a/month. 2BR UNIT Rents for $400.00/a month. BOTH HOUSES UTILITIES - SEPARATE METERS. OWNER PAYS SEWER AND TRASH ONLY. SQ.FT. & room sizes are approx. Buyers should verify. Property being SOLD AS-IS. Inspections are welcome at Buyer's expense. Seller will make no inspection repairs. Square footage, room sizes are approx., acreage, and school system, Buyer(s) should verify.

The manager has listed the unit size as 1131 square feet.
Unit Size
1,131Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$79
Property Type
House
Property Taxes
$1,415
HOA Dues
-
Year Built
1940

Price History

Date / Event Date Event Price
Dec 12, 2019 No longer available -
No longer available
Dec 5, 2019 Price Decreased $89,900
↓ $5K (4.9%)
Price Decreased
Nov 20, 2019 Listed $94,500
Listed

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 2
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 840
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 380
  • Total Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,680
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P.56 N 38' L.68 617 W. 7TH ST.

Ownership

  • Current Owner : LYONS JOHN S
  • Previous Owner : PORT BUILDING SYSTEMS INC
  • Owner Before Previous Owner: BRANHAM TIMOTHY J
  • Owner Before Previous Owner 2: BRANHAM BARBARA C

Neighborhood

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

Geography

  • Assessors Map Reference: 05-00-310-028
  • Account Number: 0087710061
  • District: 0005
  • Parcel: 22-05-00-300-220.000-008
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.2856
  • Longitude: -85.8349

    Address

  • Full Address: 617 W 7th St
  • Address - House Number: 617
  • Street Direction: W
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: IN
  • City Name: New Albany
  • Carrier Code: C004
  • 4-Digit Zip Code: 5357
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 2,520
  • Tax Year: 2023
  • Tax Amount: $1,789
  • Tax Rate Code Area: 8:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.239
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 66
  • Final Value: 215,972
  • High Value: 267,590
  • Low Value: 164,354

    Market Valuation

  • Market Total Value: $83,800
  • Market Land Value: $8,900
  • Market Improvement Value: $74,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,800
  • Assessed Land Value: $8,900
  • Assessed Improvements Value: $74,900

    Sales

  • Current Sale Contract Date: Sep 27, 2021
  • Current Sale Recording Date: Sep 29, 2021
  • Current Sale Transaction ID: 11860038356
  • Current Sale Price: $399,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202116163
  • Previous Sale Recording Date: Jan 22, 2020
  • Previous Sale Contract Date: Jan 17, 2020
  • Previous Sale Amount: $104,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MOFIN LENDING CORP
  • Previous Mortgage Transaction Date: Jan 22, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $83,200
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Feb 01, 2021



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 617 West 7th Street built and last sold?
The property at 617 West 7th Street was built in 1940 and last sold on Sep 27, 2021 for $399,800.
How much is this home worth?
The estimated value of the home located at 617 West 7th Street is $96,281.
What are some comparable homes to 617 West 7th Street?
There are currently no comparable homes to 617 West 7th Street.

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