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1543 Eastwood Avenue

1543 Eastwood Avenue, New Albany, IN 47150
House in New Albany
Sold Nov 03, 2021
$190,000
$152,000 by Colten Mortgage
Mortgage Due Dec 01, 2051
1543 Eastwood Avenue has been categorized by the local assessors in New Albany, IN as a residential type of property. The building on the property was first built in 1946 and is 78 years old. However, we must point out that the home was most recently renovated and altered in 1961. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1543 Eastwood Avenue has 1,870 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 806 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 1,212 ft and across the front of the lot is 2,880 ft. The area measurement of the land has been determined as 48,787 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. 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 C by the local assessor. The roof of the building is made of asphalt. 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. 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, 1543 Eastwood Avenue sold most recently in Nov 2, 2021 for a total of $190,000. If you work out the math, that's approximately a cost of $101.60 per sqft. 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 $1,542 in taxes each year. 1543 Eastwood Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $145,400. If we break it down further, the land itself was valued at $25,600. Improvements to the property, however, were assessed at a total of $119,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1946
  • Effective Year Built: 1961
  • 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: Partial basement
  • Basement Area: 806
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 48,787
  • Lot Size Depth Feet: 1,212
  • Lot Size Frontage Feet: 2,880
  • Total Building Area: 1,870
  • Building Area: 1,870
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,870
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WALTER WADDLES UNRECORDED SUB
  • Land Acres: 1.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 44 ILL. GNT. 1.12 AC.

Ownership

  • Current Owner : GLOTZBACH DARBY ANDREW
  • Previous Owner : COLBERT STEVE J
  • Previous Owner 2: COLBERT MARSHA L
  • 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: 070301

Geography

  • Assessors Map Reference: 05-04-430-127
  • Account Number: 0084480046
  • District: 0005
  • Parcel: 22-05-04-400-134.000-008
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.3175
  • Longitude: -85.7957

    Address

  • Full Address: 1543 Eastwood Ave
  • Address - House Number: 1543
  • Address - Street Name: Eastwood
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: New Albany
  • Carrier Code: C034
  • 4-Digit Zip Code: 6228
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 2,676
  • Tax Year: 2023
  • Tax Amount: $1,542
  • Tax Rate Code Area: 8:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.2455
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 234,407
  • High Value: 291,971
  • Low Value: 176,843

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $152,000
  • First Open Lien Mortgage Lender: COLTEN MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 03, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $152,000
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $145,400
  • Market Land Value: $25,600
  • Market Improvement Value: $119,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,400
  • Assessed Land Value: $25,600
  • Assessed Improvements Value: $119,800

    Sales

  • Current Sale Contract Date: Nov 02, 2021
  • Current Sale Recording Date: Nov 03, 2021
  • Current Sale Transaction ID: 11864467010
  • Current Sale Price: $190,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202118006

    Last Sale Mortgage

  • First Mortgage Lender: COLTEN MORTGAGE
  • First Mortgage Transaction Date: Nov 03, 2021
  • First Mortgage Loan Amount: $152,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Mortgage Loan Due Date: Dec 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About New Albany



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Frequently Asked Questions

What neighborhood is 1543 Eastwood Avenue located in?
The 1543 Eastwood Avenue is a house located in the neighborhood of New Albany in New Albany, New Albany.
What is the average sales price for listings in 1543 Eastwood Avenue?
The average sales price for units in 1543 Eastwood Avenue is $0 currently.

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