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111 Alabama Drive Southeast

111 Alabama Drive Southeast, Corydon, IN 47112
Property in Harrison
Sold Apr 06, 2021
$408,263
$326,610 by Fairway Independent Mtg Corp
Mortgage Due Apr 01, 2051
Sold Aug 04, 2020
$20,000
111 Alabama Drive Southeast has been categorized by the local assessors in Corydon, IN as a residential type of property. The building on the property was first built in 2020 and is 4 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 111 Alabama Drive Southeast has 1,440 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,440 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 32,670 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 792 sqft. According to our sources, there are a total of 3 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B+ by the local assessor. The roof of the building is made of materials that we aren't sure of. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system we are unsure of and being fueled with gas. Finally, the property is currently sourcing its water from a water system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 111 Alabama Drive Southeast sold most recently in Mar 31, 2021 for a total of $408,263. If you work out the math, that's approximately a cost of $283.52 per sqft. Before that, the property was also sold for $20,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,771 in taxes each year. The initial year of tax delinquency occurred in 2021. 111 Alabama Drive Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $443,700. If we break it down further, the land itself was valued at $29,500. Improvements to the property, however, were assessed at a total of $414,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: B+
  • Construction Type: Brick
  • Roof Cover Type: Other
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,440
  • Garage Type: Attached
  • Garage Square Area: 792
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 32,670
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Other
  • Heated Square Feet: 1,440
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SOUTHERN HEIGHTS SUB SEC 3
  • Land Acres: 0.75
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 004-07398-00 SOUTHERN HEIGHTS SUB. SEC.3 LOT#14 0.750AC

Ownership

  • Current Owner : WAIZ JACOB W
  • Previous Owner : ZURSCMIEDE PROPERTIES LLC
  • Owner Before Previous Owner: WELMAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Harrison Community Schools
  • Census Tract: 060402

Geography

  • Account Number: 004-07398-00
  • District: 0004
  • Section: 6
  • Parcel: 31-14-06-303-014.000-007
  • Lot: 14
  • Municipality: HARRISON TOWNSHIP
  • Latitude: 38.1913
  • Longitude: -86.1254

    Address

  • Full Address: 111 Alabama Dr Se
  • Address - House Number: 111
  • Street Segment Direction: SE
  • Address - Street Name: Alabama
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Corydon
  • Carrier Code: R007
  • 4-Digit Zip Code: 5387
  • Zip Code: 47112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,771
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 4:HARRISON

    Appraisal Valuation

  • Standard Deviation: 0.1746
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 470,916
  • High Value: 553,182
  • Low Value: 388,651

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $326,610
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: Apr 06, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $326,610
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $443,700
  • Market Land Value: $29,500
  • Market Improvement Value: $414,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $443,700
  • Assessed Land Value: $29,500
  • Assessed Improvements Value: $414,200

    Sales

  • Current Sale Contract Date: Mar 31, 2021
  • Current Sale Recording Date: Apr 06, 2021
  • Current Sale Transaction ID: 11877840223
  • Current Sale Price: $408,263
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Aug 04, 2020
  • Previous Sale Amount: $20,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Apr 06, 2021
  • First Mortgage Loan Amount: $326,610
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Apr 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Harrison



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Frequently Asked Questions

What neighborhood is 111 Alabama Drive Southeast located in?
The 111 Alabama Drive Southeast is a located in the neighborhood of Harrison in Harrison, Corydon.
What is the average sales price for listings in 111 Alabama Drive Southeast?
The average sales price for units in 111 Alabama Drive Southeast is $0 currently.

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