See Home Value
$137,000 - $167,000
House - Off Market

622 E 5th Street

New Albany, IN 47150
bedrooms
2 Beds
bathrooms
1 Bath
square feet
594 Sqft
Sold Feb 23, 2024
$196,095
$147,440 by Republic Bank & Trust Co.
Mortgage Due Mar 01, 2054
Sold Dec 14, 2022
Transfer

About This Property

This open concept 2 bedroom, 1 bath home has been extensively remodeled and is located in a nice convenient neighborhood.

This turn key move right in home offers all the modern updates with NEW USB/micro electric outlets in all main areas. NEW

laminate flooring, NEW light fixtures, NEW ceiling fans, and window blinds. Enjoy sitting at the breakfast bar in your UPDATED

kitchen with NEW cabinets, NEW quartz counter tops, NEW tile back splash, brand NEW stainless steel appliances, NEW sink

with touchless kitchen faucet. The bathroom has a NEW vanity with faucet, mirror, ceramic flooring/ceramic tile shower/tub and

a Bluetooth bath vent to sing while you shower. The bedrooms feature NEW carpet, lighting and closet doors. There is a FULL

basement for additional storage options. Brand NEW LARGE cathedral style covered front porch to relax on, NEW deck handrails

with a NEW entry door. Freshly painted home inside and out. Partially fenced in with privacy fence in back and NEW back deck.

NEW Water heater, NEW Furnace, NEW AC, a NEW metal roof NEW gutters and down spouts, 100 amp service box. This home is

in a great location not far from downtown New Albany shops, schools and restaurants.

The manager has listed the unit size as 594 square feet.
Unit Size
594Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$256
Property Type
House
Property Taxes
$52
HOA Dues
-
Year Built
1929

Price History

Date / Event Date Event Price
Jan 13, 2024 No longer available -
No longer available
Jan 9, 2024 Price Decreased $152,000
↓ $8K (4.9%)
Price Decreased
Jan 3, 2024 Listed $159,900
Listed
Dec 3, 2022 No longer available -
No longer available
Nov 29, 2022 Listed $35,000
Listed
INVESTORS!!!! One block down there are several recent flips/new construction. Two blocks away is the Bridgewater Apartments. Easy rehab. Selling "as is". The manager has listed the unit size as 594 square feet.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 594
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 871
  • Lot Size Depth Feet: 440
  • Lot Size Frontage Feet: 290
  • Total Building Area: 594
  • Building Area: 594
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Other
  • Heated Square Feet: 594
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HALES OUT
  • Land Acres: 0.02
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P 185 28.7X39' L 1

Ownership

  • Current Owner : DICKINSON JEREMY WARREN
  • Previous Owner : REAL ESTATE ADDICTS LLC
  • Owner Before Previous Owner: NEWLON AMIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Geography

  • Assessors Map Reference: 05-03-5SB-112
  • Account Number: 0088190001
  • District: 0005
  • Parcel: 22-05-03-500-304.000-008
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.2903
  • Longitude: -85.8202

    Address

  • Full Address: 622 E 5th St
  • Address - House Number: 622
  • Street Direction: E
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: IN
  • City Name: New Albany
  • Carrier Code: C002
  • 4-Digit Zip Code: 3307
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 1,188
  • Tax Year: 2023
  • Tax Amount: $655
  • Tax Rate Code Area: 8:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.2455
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 157,465
  • High Value: 196,134
  • Low Value: 118,796

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $152,000
  • First Open Lien Mortgage Lender: REPUBLIC BANK & TRUST CO.
  • First Open Lien Mortgage Recording Date: Feb 23, 2024
  • First Open Lien Mortgage Loan Amount: $147,440
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2054
  • Second Open Lien Mortgage Recording Date: Feb 23, 2024
  • Second Open Lien Mortgage Loan Amount: $4,560
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2054

    Market Valuation

  • Market Total Value: $30,700
  • Market Land Value: $4,300
  • Market Improvement Value: $26,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,700
  • Assessed Land Value: $4,300
  • Assessed Improvements Value: $26,400

    Sales

  • Current Sale Contract Date: Feb 22, 2024
  • Current Sale Recording Date: Feb 23, 2024
  • Current Sale Transaction ID: 11921708172
  • Current Sale Price: $196,095
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1470
  • Previous Sale Recording Date: Dec 14, 2022
  • Previous Sale Contract Date: Dec 09, 2022
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REPUBLIC BANK & TRUST CO.
  • First Mortgage Transaction Date: Feb 23, 2024
  • First Mortgage Loan Amount: $147,440
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2054
  • Second Mortgage Transaction Date: Feb 23, 2024
  • Second Mortgage Loan Amount: $4,560
  • Second Mortgage Terms: 20
  • Second Mortgage Loan Due Date: Mar 01, 2044



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
824 ft²
$224/ft²
$184,900 Dec 6, 2023
-
$152/mo
House
2 Beds
1 Bath
930 ft²
$150/ft²
$139,900 Oct 30, 2023
-
$84/mo
House
3 Beds
2 Baths
1,075 ft²
$176/ft²
$189,000 Jan 3, 2024
-
$128/mo
House
3 Beds
1 Bath
1,037 ft²
$183/ft²
$190,000 Nov 15, 2023
-
$343/mo

About New Albany


Similar Homes for Sale

Unit for sale at 521 East 5th Street, New Albany, IN 47150

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Nearby Rentals

Unit for rent at 145 E Main Street, New Albany, IN, 47150

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Frequently Asked Questions

When was property at 622 East 5th Street built and last sold?
The property at 622 East 5th Street was built in 1929 and last sold on Feb 22, 2024 for $196,095.
How much is this home worth?
The estimated value of the home located at 622 East 5th Street is $150,749.
What are some comparable homes to 622 East 5th Street?
Homes that are comparable to 622 East 5th Street include a house property at 1109 Culbertson Avenue, 1322 East Oak Street, 1130 Chartres Street.

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