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1098 Chapel Creek Trail

1098 Chapel Creek Trail, New Albany, IN 47150
Sold Dec 01, 2020
$340,200
$335,706 by American Financing Corp
Mortgage Due Dec 01, 2050
Sold Sep 20, 2011
$237,500
$190,000 by Homeservices Lending Llc
Mortgage Due Oct 01, 2041
1098 Chapel Creek Trail in New Albany, IN was first built in 1997 and is 27 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1098 Chapel Creek Trail has 1,982 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,968 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,700. In total, the area measurement of the land is 16,988 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 504 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Nov 25, 2020 for $340,200. That's $171.64 per sqft. Prior to that sales transaction, the property was also sold in Sep 16, 2011 for $237,500. 1098 Chapel Creek Trail was last assessed in 2023. The total value of the property was assessed at $311,500. Specifically, the land the property is located on was valued at $49,000. While improvements on the property were assessed at a total of $262,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,419. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,968
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,988
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,982
  • Building Area: 1,982
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,982
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CHAPEL CREEK
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P 1058 L 223 .390AC

Ownership

  • Current Owner : PATTERSON CHRISTOPHER LEE
  • Current Owner 2: PATTERSON JESSICA M
  • Previous Owner : NIEHOFF BRIAN A
  • Previous Owner 2: NIEHOFF LAUREN N
  • Owner Before Previous Owner: THORN WILLARD C
  • Owner Before Previous Owner 2: THORN DIANNA S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Albany-Floyd County Consolidated Schools
  • Census Tract: 071005

Geography

  • Assessors Map Reference: 05-10-700-173
  • Account Number: 0053328032
  • District: 0005
  • Parcel: 22-05-10-700-543.000-007
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.3733
  • Longitude: -85.784

    Address

  • Full Address: 1098 Chapel Creek Trl
  • Address - House Number: 1098
  • Address - Street Name: Chapel Creek
  • Address - Suffix Type: Trl
  • State: IN
  • City Name: New Albany
  • Carrier Code: R002
  • 4-Digit Zip Code: 9662
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 4,454
  • Tax Year: 2023
  • Tax Amount: $2,419
  • Tax Rate Code Area: 7:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.1915
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 436,732
  • High Value: 520,401
  • Low Value: 353,063

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $335,706
  • First Open Lien Mortgage Lender: AMERICAN FINANCING CORP
  • First Open Lien Mortgage Recording Date: Dec 01, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $335,706
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $311,500
  • Market Land Value: $49,000
  • Market Improvement Value: $262,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,500
  • Assessed Land Value: $49,000
  • Assessed Improvements Value: $262,500

    Sales

  • Current Sale Contract Date: Nov 25, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Transaction ID: 11807431874
  • Current Sale Price: $340,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202019144
  • Previous Sale Recording Date: Sep 20, 2011
  • Previous Sale Contract Date: Sep 16, 2011
  • Previous Sale Amount: $237,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCING CORP
  • First Mortgage Transaction Date: Dec 01, 2020
  • First Mortgage Loan Amount: $335,706
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: HOMESERVICES LENDING LLC
  • Previous Mortgage Transaction Date: Sep 20, 2011
  • Previous Mortgage Loan Amount: $190,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2041

About Sellersburg



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Nearby Rentals

Unit for rent at 8635 Old Sr 60, Sellersburg, IN, 47172

$1,850 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,765 ft²
8635 Old Sr 60 #8607 Old SR 60, Sellersburg, IN, 47172 Listing by Heritage Square Apartments & Townhomes - NOW LEASING!

Frequently Asked Questions

What neighborhood is 1098 Chapel Creek Trail located in?
The 1098 Chapel Creek Trail is a house located in the neighborhood of Silver Creek in Sellersburg, New Albany.
What is the average sales price for listings in 1098 Chapel Creek Trail?
The average sales price for units in 1098 Chapel Creek Trail is $339,900 , or $92/sqft. currently.

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