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1216 Westwood Lane

1216 Westwood Lane, New Albany, IN 47150
House in New Albany
Sold Mar 26, 2019
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Local assessors in New Albany, IN have categorized 1216 Westwood Lane as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 33,062 square feet. The linear feet between the front and back of the lot was measured at 3,310 ft and the front of the lot was measured at 1,000 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 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 1216 Westwood Lane has a total of 1,140 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 1,140 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is poor. 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 masonry 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 heat pump is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $649 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 1216 Westwood Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $87,800. To break that down further, the land itself was valued at $19,700. While improvements to the property were assessed at a total of $68,100. 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. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Garage Parking
Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Poor
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,140
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 33,062
  • Lot Size Depth Feet: 3,310
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,140
  • Building Area: 1,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,140
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CRESTVIEW SUB
  • Land Acres: 0.759
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P 634 L 73

Ownership

  • Current Owner : HABERMEL ALEX
  • Previous Owner : FLATT TRUST
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Dec 25, 2023

Neighborhood

  • School District Name: New Albany-Floyd County Consolidated Schools
  • Census Tract: 070600

Geography

  • Assessors Map Reference: 05-03-340-068
  • Account Number: 0088740075
  • District: 0005
  • Parcel: 22-05-03-300-247.000-008
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.2891
  • Longitude: -85.8516

    Address

  • Full Address: 1216 Westwood Ln
  • Address - House Number: 1216
  • Address - Street Name: Westwood
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: New Albany
  • Carrier Code: C022
  • 4-Digit Zip Code: 5512
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 2,280
  • Tax Year: 2023
  • Tax Amount: $649
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 8:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.2528
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 64
  • Final Value: 215,870
  • High Value: 270,452
  • Low Value: 161,289

    Market Valuation

  • Market Total Value: $87,800
  • Market Land Value: $19,700
  • Market Improvement Value: $68,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,800
  • Assessed Land Value: $19,700
  • Assessed Improvements Value: $68,100

    Sales

  • Current Sale Contract Date: Mar 22, 2019
  • Current Sale Recording Date: Mar 26, 2019
  • Current Sale Transaction ID: 11594269133
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201904364

About New Albany



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Frequently Asked Questions

What neighborhood is 1216 Westwood Lane located in?
The 1216 Westwood Lane is a house located in the neighborhood of New Albany in New Albany, New Albany.
What is the average sales price for listings in 1216 Westwood Lane?
The average sales price for units in 1216 Westwood Lane is $0 currently.

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