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1821 East Spring Street

1821 East Spring Street, New Albany, IN 47150
Property in New Albany
Sold Jul 14, 2017
$205,000
$201,261 by Stearns Lending Llc
Mortgage Due Jul 14, 2047
Sold Apr 28, 2016
$168,000
$134,400 by New Washington State Bank
Mortgage
1821 East Spring Street 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 1929 and is 95 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1821 East Spring Street has 2,052 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 579 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 1,700 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 8,494 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 carport for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. 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 hot water 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. 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, 1821 East Spring Street sold most recently in Jul 12, 2017 for a total of $205,000. If you work out the math, that's approximately a cost of $99.90 per sqft. Before that, the property was also sold for $168,000 in Apr 4, 2016. 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 $2,154 in taxes each year. 1821 East Spring Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $200,700. If we break it down further, the land itself was valued at $19,400. Improvements to the property, however, were assessed at a total of $181,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1929
  • Effective Year Built: 1929
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 579
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,494
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,052
  • Building Area: 2,052
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,052
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.195
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P 47 L 136

Ownership

  • Current Owner : COSTELLO JENNIFER J
  • Current Owner 2: IPSAN IAN R
  • Previous Owner : MMH HOLDINGS LLC
  • Owner Before Previous Owner: RODRIGUEZ LESLIE A
  • Owner Before Previous Owner 2: RODRIGUEZ JUAN C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Albany-Floyd County Consolidated Schools
  • Census Tract: 070200

Geography

  • Assessors Map Reference: 05-02-8E1-861
  • Account Number: 0086960071
  • District: 0005
  • Parcel: 22-05-02-801-112.000-008
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.2943
  • Longitude: -85.8046

    Address

  • Full Address: 1821 E Spring St
  • Address - House Number: 1821
  • Street Direction: E
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: IN
  • City Name: New Albany
  • Carrier Code: C016
  • 4-Digit Zip Code: 1651
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 2,631
  • Tax Year: 2023
  • Tax Amount: $2,154
  • Tax Rate Code Area: 8:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.2244
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 313,982
  • High Value: 384,444
  • Low Value: 243,519

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $201,261
  • First Open Lien Mortgage Lender: STEARNS LENDING LLC
  • First Open Lien Mortgage Recording Date: Jul 14, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $201,261
  • 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: Jul 14, 2047

    Market Valuation

  • Market Total Value: $200,700
  • Market Land Value: $19,400
  • Market Improvement Value: $181,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,700
  • Assessed Land Value: $19,400
  • Assessed Improvements Value: $181,300

    Sales

  • Current Sale Contract Date: Jul 12, 2017
  • Current Sale Recording Date: Jul 14, 2017
  • Current Sale Transaction ID: 1589963547
  • Current Sale Price: $205,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201710811
  • Previous Sale Recording Date: Apr 28, 2016
  • Previous Sale Contract Date: Apr 04, 2016
  • Previous Sale Amount: $168,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STEARNS LENDING LLC
  • First Mortgage Transaction Date: Jul 14, 2017
  • First Mortgage Loan Amount: $201,261
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NEW WASHINGTON STATE BANK
  • Previous Mortgage Transaction Date: Apr 28, 2016
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $134,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About New Albany



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Frequently Asked Questions

What neighborhood is 1821 East Spring Street located in?
The 1821 East Spring Street is a located in the neighborhood of New Albany in New Albany, New Albany.
What is the average sales price for listings in 1821 East Spring Street?
The average sales price for units in 1821 East Spring Street is $0 currently.

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