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$1,750,000 ↓$100,000on 12/7/2023(Pending)
1420 Spring Street Jeffersonville, IN 47130
- 17 Beds
- 17 Baths
- 21,316 sq. Ft
Property Description for 1420 Spring Street Jeffersonville, IN 47130
FOR SALE-1420 Spring Street in Jeffersonville, IN, also includes 1426 Spring Street and land for future development. This apartment complex is across from Clark Memorial Hospital and is just moments away from bustling Downtown Jeffersonville. The location is less than 3 miles from Downtown Louisville, Kentucky. This complex features a total of 17 renovated residential units and a newly furnished laundry room. 4 more units are PRE LEASED under CORPORATE backed master lease. Please see PRO-FORMA on BROCHURE.
FEATURES:
• Corporate backed Master lease for all units with 13 of 17 units renovated and turned over to lessee
• Master lease term through August 2025 with option to extend through August 2028
• 0% vacancy once final units are renovated and turned to lessee
• Includes adjacent lots for development of 19-23 additional multi-family units or other possible uses
• Located in an Opportunity Zone which is 1/2 taxes on new construction...big impact on NOI.
Street View Not Available At this Location
Address:1420 Spring Street Jeffersonville IN 47130
Status:Pending
on site: 198 days
Price:$1,750,000
Bedrooms:17 Beds
Bathrooms:17 Full Baths
Sq. Feet:21,316
Year Built:1922
Lot Size:1.12
County: Clark
Township: Jeffersonville
MLS #:202307833
Property Type:Residential
Lot Dimensions:48787.2
Zoning:Residential
Water Source:Connected, Public
Directions:I-65 South to Stansiford Ave, left on Spring Street and property is on the right.
Upper Level Sq. Ft. :21,316
Total Sq. Ft. :21,316
Sq. Ft. Source:Assessor
Basement:Yes
| Date | Old Price | New Price | Percent Change |
| 12/07/23 | $1,850,000 | $1,750,000 | -5.41% |
| 11/17/23 | $1,950,000 | $1,850,000 | -5.13% |
Semi-Annual Property Tax:$2,332
Mandatory HOA Fee:$
City:Jeffersonville
Zip Code:47130
Total Sq. Ft.:21,316
Cool:CentralAir
Heat:ForcedAir
Tucker Customer Care
Additional Phone (317) 954-4768
Email customerservice@talktotucker.com
F.C. Tucker Company
Schools in 1420 Spring Street Jeffersonville, IN 47130
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Listing provided courtesy of Bobby Bass with Bass Group Real Estate
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
Jeffersonville Market Report
218
Avg. DOM
$184.74
Avg. $ / Sq.Ft.
$ 279,900
Med. List Price
The house prices in Jeffersonville are indeed dropping at the moment. There has been a decrease in price of $296,268.75. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
The housing market and house prices in Jeffersonville are going Down. The average house price is $295,000.00 and the average price per square feet is $187.38 per square feet. At the moment, the amount of homes listed is exactly 89 houses, with 23 with active status, 17 with pending status and 49 sold in Jeffersonville .
The most popular place to buy a home in Jeffersonville is 12-Other Counties. 12-Other Counties is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Jeffersonville .
The average amount of property taxes you would have to pay for a home in Jeffersonville is $2,516.67. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.
Properties in Jeffersonville are staying listed for an average of 45 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.
The last home listed in Jeffersonville was 1363 minutes ago.
At the moment we have 1 open houses that you can visit.
The cost of the most expensive home in Jeffersonville is $650,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.
The cost of the cheapest home in Jeffersonville is $167,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.
The date of the oldest built home in Jeffersonville in year 1926 and the newest built house is in year 2024.
The average size of properties in Jeffersonville is 1796.35 sq.ft. , the biggest one being 3703 sq.ft. and the smaller being 752 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.