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1622 Oriole Drive

1622 Oriole Drive, New Albany, IN 47150
House in New Albany
Sold Nov 04, 2020
$181,700
$145,350 by Home Point Financial Corp
Mortgage Due Nov 04, 2050
1622 Oriole Drive in New Albany, IN was first built in 1950 and is 74 years old. Although, the building on the property was most recently renovated and altered in 2010. This has been categorized as a residential property type. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1622 Oriole Drive has 1,120 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 788 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 690 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 8,276 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and 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, 1622 Oriole Drive sold most recently in Oct 16, 2020 for a total of $181,700. If you work out the math, that's approximately a cost of $162.23 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 $2,031 in taxes each year. 1622 Oriole Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $191,000. If we break it down further, the land itself was valued at $18,500. Improvements to the property, however, were assessed at a total of $172,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1950
  • Effective Year Built: 2010
  • Total Rooms: 4
  • Bedroom Count: 2
  • 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: 788
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 690
  • Total Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,120
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DAY COURT 1ST ADD 618
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P 618 L 4

Ownership

  • Current Owner : DAVIS TIM
  • Previous Owner : HECKMAN KATHY
  • Previous Owner 2: THOMAS WILLIAM E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Albany-Floyd County Consolidated Schools
  • Census Tract: 070301

Geography

  • Assessors Map Reference: 05-02-9E5-412
  • Account Number: 0085890004
  • District: 0005
  • Parcel: 22-05-02-901-325.000-008
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.3082
  • Longitude: -85.8028

    Address

  • Full Address: 1622 Oriole Dr
  • Address - House Number: 1622
  • Address - Street Name: Oriole
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: New Albany
  • Carrier Code: C011
  • 4-Digit Zip Code: 2506
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 1,907
  • Tax Year: 2023
  • Tax Amount: $2,031
  • Tax Rate Code Area: 8:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.239
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 66
  • Final Value: 254,075
  • High Value: 314,800
  • Low Value: 193,350

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $145,350
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Nov 04, 2020
  • First Open Lien Mortgage Loan Amount: $145,350
  • 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: Nov 04, 2050

    Market Valuation

  • Market Total Value: $191,000
  • Market Land Value: $18,500
  • Market Improvement Value: $172,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $191,000
  • Assessed Land Value: $18,500
  • Assessed Improvements Value: $172,500

    Sales

  • Current Sale Contract Date: Oct 16, 2020
  • Current Sale Recording Date: Nov 04, 2020
  • Current Sale Transaction ID: 11802254618
  • Current Sale Price: $181,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202017727

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORP
  • First Mortgage Transaction Date: Nov 04, 2020
  • First Mortgage Loan Amount: $145,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 1622 Oriole Drive located in?
The 1622 Oriole Drive is a house located in the neighborhood of New Albany in New Albany, New Albany.
What is the average sales price for listings in 1622 Oriole Drive?
The average sales price for units in 1622 Oriole Drive is $0 currently.

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