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121 Adams Street

121 Adams Street, New Albany, IN 47150
House in New Albany
Sold Nov 09, 2021
$181,900
$145,500 by Rocket Mortgage Llc
Mortgage Due Dec 01, 2051
Sold Oct 04, 2017
$90,800
$89,155 by Interlinc Mortgage Services Ll
Mortgage Due Oct 01, 2047
Local assessors in New Albany, IN have categorized 121 Adams Street as a residential type of property. The home was built in 1947 and is 77 years old. It was most recently renovated and altered in 1954. The property's lot size has been calculated to be 8,146 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 680 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 121 Adams Street has a total of 1,730 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 partial basement that is 980 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 attached garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 wood 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 asphalt. 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. 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, 121 Adams Street sold most recently in Nov 5, 2021 for a total of $181,900. If you work out the math, that's approximately a cost of $105.14 per sqft. Before that, the property was also sold for $90,800 in Sep 18, 2017. 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 $1,530 in taxes each year. 121 Adams Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $145,200. If we break it down further, the land itself was valued at $16,500. Improvements to the property, however, were assessed at a total of $128,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1947
  • Effective Year Built: 1954
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 980
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,146
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,730
  • Building Area: 1,730
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,730
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ADAMS STREET 542
  • Land Acres: 0.187
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P 542 L 7 & W 1/2 L 8

Ownership

  • Current Owner : REID JUSTIN LEE
  • Previous Owner : YOUNT ALEXANDER JOSEPH
  • Owner Before Previous Owner: MEYER JEFFREY T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Albany-Floyd County Consolidated Schools
  • Census Tract: 070700

Geography

  • Assessors Map Reference: 05-03-410-513
  • Account Number: 0083630032
  • District: 0005
  • Parcel: 22-05-03-400-843.000-008
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.2987
  • Longitude: -85.8357

    Address

  • Full Address: 121 Adams St
  • Address - House Number: 121
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: IN
  • City Name: New Albany
  • Carrier Code: C029
  • 4-Digit Zip Code: 5001
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 3,594
  • Tax Year: 2023
  • Tax Amount: $1,530
  • Tax Rate Code Area: 8:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.2635
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 213,106
  • High Value: 269,279
  • Low Value: 156,933

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $145,500
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 09, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $145,500
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $145,200
  • Market Land Value: $16,500
  • Market Improvement Value: $128,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,200
  • Assessed Land Value: $16,500
  • Assessed Improvements Value: $128,700

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Nov 09, 2021
  • Current Sale Transaction ID: 11866083793
  • Current Sale Price: $181,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202118197
  • Previous Sale Recording Date: Oct 04, 2017
  • Previous Sale Contract Date: Sep 18, 2017
  • Previous Sale Amount: $90,800
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 09, 2021
  • First Mortgage Loan Amount: $145,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: INTERLINC MORTGAGE SERVICES LL
  • Previous Mortgage Transaction Date: Oct 04, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $89,155
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2047

About New Albany



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Frequently Asked Questions

What neighborhood is 121 Adams Street located in?
The 121 Adams Street is a house located in the neighborhood of New Albany in New Albany, New Albany.
What is the average sales price for listings in 121 Adams Street?
The average sales price for units in 121 Adams Street is $0 currently.

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