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1331 Roosevelt Avenue

1331 Roosevelt Avenue, New Albany, IN 47150
Property in New Albany
Sold Jan 22, 2021
$141,800
$139,918 by Quicken Loans Inc
Mortgage Due Feb 01, 2051
Sold Jan 14, 2016
$4,600
$118,049 by Stockton Mortgage Corp
Mortgage
Local assessors in New Albany, IN have categorized 1331 Roosevelt Avenue as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 7,187 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 600 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 is also a partial bathroom. 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 1331 Roosevelt Avenue has a total of 1,858 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 929 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. 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. 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. Based on our sources, 1331 Roosevelt Avenue was last sold in Jan 20, 2021 for $141,800. According to our calculations, that's $76.32 per sqft. Prior to that sales transaction, the property was sold for $4,600 in Jan 11, 2016. Current property owners are expected to pay $1,174 in taxes per year. The property on 1331 Roosevelt Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $119,300. To break that down further, the land itself was valued at $19,800. While improvements to the property were assessed at a total of $99,500. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 929
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,187
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,858
  • Building Area: 1,858
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,858
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NORTH FOURTH 50
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P 50 L 153 / P 50 W 10' L 152 #04

Ownership

  • Current Owner : HUFFMAN MARY
  • Current Owner 2: HUFFMAN JAMES CALLIE
  • Previous Owner : EDWARDS KELLI A
  • Owner Before Previous Owner: WERKMEISTER MICHAEL S
  • Owner Before Previous Owner 2: WERKMEISTER DEBRA R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Albany-Floyd County Consolidated Schools
  • Census Tract: 070902

Geography

  • Assessors Map Reference: 05-04-210-252
  • Account Number: 0086240003
  • District: 0005
  • Parcel: 22-05-04-200-483.000-008
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.3061
  • Longitude: -85.8131

    Address

  • Full Address: 1331 Roosevelt Ave
  • Address - House Number: 1331
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: New Albany
  • Carrier Code: C038
  • 4-Digit Zip Code: 3838
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 2,787
  • Tax Year: 2023
  • Tax Amount: $1,174
  • Tax Rate Code Area: 8:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.2561
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 63
  • Final Value: 234,687
  • High Value: 294,795
  • Low Value: 174,579

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $164,918
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Jan 22, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $139,918
  • 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: Feb 01, 2051
  • Second Open Lien Mortgage Lender: FIFTH THIRD BANK NA
  • Second Open Lien Mortgage Recording Date: Aug 28, 2023
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 25, 2053

    Market Valuation

  • Market Total Value: $119,300
  • Market Land Value: $19,800
  • Market Improvement Value: $99,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $119,300
  • Assessed Land Value: $19,800
  • Assessed Improvements Value: $99,500

    Sales

  • Current Sale Contract Date: Jan 20, 2021
  • Current Sale Recording Date: Jan 22, 2021
  • Current Sale Transaction ID: 11815728405
  • Current Sale Price: $141,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202100857
  • Previous Sale Recording Date: Jan 14, 2016
  • Previous Sale Contract Date: Jan 11, 2016
  • Previous Sale Amount: $4,600
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Jan 22, 2021
  • First Mortgage Loan Amount: $139,918
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: STOCKTON MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 14, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $118,049
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About New Albany



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1331 Roosevelt Avenue located in?
The 1331 Roosevelt Avenue is a located in the neighborhood of New Albany in New Albany, New Albany.
What is the average sales price for listings in 1331 Roosevelt Avenue?
The average sales price for units in 1331 Roosevelt Avenue is $142,500 , or $102/sqft. currently.

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