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1746 Scheller Lane

1746 Scheller Lane, New Albany, IN 47150
House in New Albany
Sold Jul 26, 2023
$73,150
$55,000 by Discover Bank
Mortgage Due Jul 26, 2038
Sold Oct 10, 2014
$167,500
$134,000 by First Savings Bank
Mortgage
1746 Scheller Lane 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 1955 and is 69 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1746 Scheller Lane has 2,392 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 full basement that is 1,196 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 3,090 ft and across the front of the lot is 950 ft. The area measurement of the land has been determined as 29,359 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 attached garage for those who require parking. The garage measured 720 sqft. According to our sources, there are a total of 3 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 masonry 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. There is a single fireplace in the home. Perfect for those wintery nights. 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 Jul 25, 2023 for $73,150. That's $30.58 per sqft. Prior to that sales transaction, the property was also sold in Oct 8, 2014 for $167,500. 1746 Scheller Lane was last assessed in 2023. The total value of the property was assessed at $143,900. Specifically, the land the property is located on was valued at $24,600. While improvements on the property were assessed at a total of $119,300. 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 $505. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,196
  • Garage Type: Attached
  • Garage Square Area: 720
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 29,359
  • Lot Size Depth Feet: 3,090
  • Lot Size Frontage Feet: 950
  • Total Building Area: 2,392
  • Building Area: 2,392
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,392
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WOODSIDE HEIGHTS
  • Land Acres: 0.674
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P 95 L 25 43 ILL. GNT. .674 AC.

Ownership

  • Current Owner : HOOVER JEWELL M
  • Current Owner 2: GEMME AMY L
  • Previous Owner : HOOVER JEWELL M
  • Previous Owner 2: GEMME AMY L
  • Owner Before Previous Owner: STUMLER IRVIN H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: New Albany-Floyd County Consolidated Schools
  • Census Tract: 070901

Geography

  • Assessors Map Reference: 05-04-310-172
  • Account Number: 0084530027
  • District: 0005
  • Parcel: 22-05-04-300-437.000-008
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.3199
  • Longitude: -85.8073

    Address

  • Full Address: 1746 Scheller Ln
  • Address - House Number: 1746
  • Address - Street Name: Scheller
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: New Albany
  • Carrier Code: C027
  • 4-Digit Zip Code: 2423
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 3,588
  • Tax Year: 2023
  • Tax Amount: $505
  • Tax Rate Code Area: 8:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.2187
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 249,332
  • High Value: 303,868
  • Low Value: 194,796

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $55,000
  • First Open Lien Mortgage Lender: DISCOVER BANK
  • First Open Lien Mortgage Recording Date: Jul 26, 2023
  • First Open Lien Mortgage Loan Amount: $55,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 26, 2038

    Market Valuation

  • Market Total Value: $143,900
  • Market Land Value: $24,600
  • Market Improvement Value: $119,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $143,900
  • Assessed Land Value: $24,600
  • Assessed Improvements Value: $119,300

    Sales

  • Current Sale Contract Date: Jul 25, 2023
  • Current Sale Recording Date: Jul 26, 2023
  • Current Sale Transaction ID: 11909892423
  • Current Sale Price: $73,150
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 8190
  • Previous Sale Recording Date: Oct 10, 2014
  • Previous Sale Contract Date: Oct 08, 2014
  • Previous Sale Amount: $167,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DISCOVER BANK
  • First Mortgage Transaction Date: Jul 26, 2023
  • First Mortgage Loan Amount: $55,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 26, 2038

    Previous Mortgages

  • Previous Mortgage Lender: FIRST SAVINGS BANK
  • Previous Mortgage Transaction Date: Oct 10, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $134,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About New Albany



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Frequently Asked Questions

What neighborhood is 1746 Scheller Lane located in?
The 1746 Scheller 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 1746 Scheller Lane?
The average sales price for units in 1746 Scheller Lane is $0 currently.

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