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1323 L Avenue

1323 L Avenue, New Castle, IN 47362
Property in Henry
Sold May 18, 2021
$114,900
$113,407 by Open Mortgage Llc
Mortgage Due Jun 01, 2051
Sold Dec 28, 2016
$72,800
$58,200 by Quicken Loans Inc
Mortgage Due Jan 01, 2047
1323 L Avenue has been categorized by the local assessors in New Castle, IN as a residential type of property. The building on the property was first built in 1937 and is 87 years old. However, we must point out that the home was most recently renovated and altered in 1965. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. 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, 1323 L Avenue has 1,976 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 partial basement that is 558 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 linear feet between the front and back of the lot is 1,290 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,447 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 detached garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 2 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D+ 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 central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in May 14, 2021 for $114,900. That's $58.15 per sqft. Prior to that sales transaction, the property was also sold in Dec 27, 2016 for $72,800. 1323 L Avenue was last assessed in 2023. The total value of the property was assessed at $98,100. Specifically, the land the property is located on was valued at $15,200. While improvements on the property were assessed at a total of $82,900. 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 $892. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Vinyl Siding

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1965
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Wood
  • Roof Cover Type: Other
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 558
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,447
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,976
  • Building Area: 1,976
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,976
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CHERRYWOOD ADDITION
  • Land Acres: 0.148
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHERRYWOOD ADD LOT 99

Ownership

  • Current Owner : RAZOR JONATHAN THOMAS
  • Current Owner 2: RAZOR ALEXIS
  • Previous Owner : NTIAMOAH MICHELLE
  • Owner Before Previous Owner: DANE BILLY R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Castle Community School Corporation
  • Census Tract: 976400

Geography

  • Account Number: 0303517500
  • District: 0007
  • Parcel: 33-12-22-220-232.000-016
  • Lot: 99
  • Municipality: HENRY TOWNSHIP
  • Latitude: 39.9139
  • Longitude: -85.3677

    Address

  • Full Address: 1323 L Ave
  • Address - House Number: 1323
  • Address - Street Name: L
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: New Castle
  • Carrier Code: C013
  • 4-Digit Zip Code: 2319
  • Zip Code: 47362

Valuation

    Tax

  • Total Area: 2,534
  • Tax Year: 2022
  • Tax Amount: $892
  • Tax Rate Code Area: 30:NEW CAS

    Appraisal Valuation

  • Standard Deviation: 0.2353
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 52
  • Final Value: 72,828
  • High Value: 89,970
  • Low Value: 55,685

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $113,407
  • First Open Lien Mortgage Lender: OPEN MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 18, 2021
  • First Open Lien Mortgage Loan Amount: $113,407
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $98,100
  • Market Land Value: $15,200
  • Market Improvement Value: $82,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $98,100
  • Assessed Land Value: $15,200
  • Assessed Improvements Value: $82,900

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 18, 2021
  • Current Sale Transaction ID: 11836627474
  • Current Sale Price: $114,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202103780
  • Previous Sale Recording Date: Dec 28, 2016
  • Previous Sale Contract Date: Dec 27, 2016
  • Previous Sale Amount: $72,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OPEN MORTGAGE LLC
  • First Mortgage Transaction Date: May 18, 2021
  • First Mortgage Loan Amount: $113,407
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Dec 28, 2016
  • Previous Mortgage Loan Amount: $58,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2047

About New Castle



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Frequently Asked Questions

What neighborhood is 1323 L Avenue located in?
The 1323 L Avenue is a located in the neighborhood of Henry in New Castle, New Castle.
What is the average sales price for listings in 1323 L Avenue?
The average sales price for units in 1323 L Avenue is $0 currently.

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