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1109 East Spring Street

1109 East Spring Street, New Albany, IN 47150
Property in New Albany
2 Units For Sale
Unit for sale at 1109 E Spring Street, New Albany, IN 47150

$550,000

  • Commercial
  • 4,812 ft²
1109 E Spring Street, New Albany, IN 47150 Listing by JJ Mann

Unit for sale at 1109 E Spring Street, New Albany, IN 47150

$375,000

  • 5 Beds
  • 2.5 Baths
  • 4,812 ft²
1109 E Spring Street, New Albany, IN 47150 Listing by JJ Mann

Local assessors in New Albany, IN have categorized 1109 East Spring Street as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 13,591 square feet. The linear feet between the front and back of the lot was measured at 1,700 ft and the front of the lot was measured at 800 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1109 East Spring Street has a total of 4,812 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 2,532 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a roof that is made of slate. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $173,288 in Jun 25, 2017. Current property owners are expected to pay $6,527 in taxes per year. The property on 1109 East Spring Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $225,200. To break that down further, the land itself was valued at $52,800. While improvements to the property were assessed at a total of $172,400. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Brick
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 2,532
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,591
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 800
  • Total Building Area: 4,812
  • Building Area: 4,812
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,812
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.312
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P 13 L 32 / W 30' L 34 UP SPRING

Ownership

  • Current Owner : GARLAND REAL ESTATE LLC
  • Previous Owner : STEMM W STEPHEN
  • Owner Before Previous Owner: STEMM W STEPHEN
  • Owner Before Previous Owner 2: STEMM DOROTHY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: New Albany-Floyd County Consolidated Schools
  • Census Tract: 070400

Geography

  • Assessors Map Reference: 05-02-8E4-523
  • Account Number: 0086850073
  • District: 0005
  • Parcel: 22-05-02-800-533.000-008
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.29
  • Longitude: -85.8127

    Address

  • Full Address: 1109 E Spring St
  • Address - House Number: 1109
  • Street Direction: E
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: IN
  • City Name: New Albany
  • Carrier Code: C002
  • 4-Digit Zip Code: 2853
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 7,392
  • Tax Year: 2023
  • Tax Amount: $6,527
  • Tax Rate Code Area: 8:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.1582
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 398,603
  • High Value: 461,694
  • Low Value: 335,511

    Market Valuation

  • Market Total Value: $225,200
  • Market Land Value: $52,800
  • Market Improvement Value: $172,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,200
  • Assessed Land Value: $52,800
  • Assessed Improvements Value: $172,400

    Sales

  • Current Sale Contract Date: Apr 03, 2023
  • Current Sale Recording Date: Apr 03, 2023
  • Current Sale Transaction ID: 11904383836
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3610
  • Previous Sale Recording Date: Jun 25, 2019
  • Previous Sale Contract Date: Jun 25, 2017
  • Previous Sale Amount: $173,288
  • Previous Sale Document Type: Deed

About New Albany



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Frequently Asked Questions

What neighborhood is 1109 East Spring Street located in?
The 1109 East Spring Street is a located in the neighborhood of New Albany in New Albany, New Albany.
How many listings are currently for sale in 1109 East Spring Street?
There are two listings currently on the market for sale.
What is the average sales price for listings in 1109 East Spring Street?
The average sales price for units in 1109 East Spring Street is $462,500 , or $96/sqft. currently.

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