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3925 Horne Avenue

3925 Horne Avenue, New Albany, IN 47150
House in New Albany
Sold Dec 11, 2019
$553,671,300
$442,937,000 by Goldman Sachs Mortgage Co
Mortgage Due Dec 11, 2049
Sold Jul 11, 2019
$144,000
Seller
3925 Horne Avenue in New Albany, IN was first built in 1989 and is 35 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 3925 Horne Avenue has 1,076 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 807 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 400 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 4,792 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. For those who need parking, there is a attached garage. The garage is 273 sqft. There is one available parking space. 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 brick 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, 3925 Horne Avenue sold most recently in Nov 25, 2019 for a total of $553,671,300. If you work out the math, that's approximately a cost of $514,564.41 per sqft. Before that, the property was also sold for $144,000 in Jul 3, 2019. 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 $3,316 in taxes each year. The initial year of tax delinquency occurred in 2022. 3925 Horne Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $168,600. If we break it down further, the land itself was valued at $18,200. Improvements to the property, however, were assessed at a total of $150,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 807
  • Garage Type: Attached
  • Garage Square Area: 273
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,076
  • Building Area: 1,076
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,076
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: JEFFERSON GARDENS 1ST ADD
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P 614 16' L 32 & 24' L 33 BLK.

Ownership

  • Current Owner : ALTO ASSET CO 1 LLC
  • Previous Owner : SUNFIRE 3 LLC
  • Owner Before Previous Owner: HAUN LAURIE
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: New Albany-Floyd County Consolidated Schools
  • Census Tract: 071006

Geography

  • Assessors Map Reference: 05-08-440-161
  • Account Number: 0052870236
  • District: 0005
  • Parcel: 22-05-08-400-696.000-007
  • Lot: 32&24
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.349
  • Longitude: -85.802

    Address

  • Full Address: 3925 Horne Ave
  • Address - House Number: 3925
  • Address - Street Name: Horne
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: New Albany
  • Carrier Code: R006
  • 4-Digit Zip Code: 9779
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 1,883
  • Tax Year: 2023
  • Tax Amount: $3,316
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 7:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.232
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 264,884
  • High Value: 326,352
  • Low Value: 203,417

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $442,937,000
  • First Open Lien Mortgage Lender: GOLDMAN SACHS MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Dec 11, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $442,937,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Dec 11, 2049

    Market Valuation

  • Market Total Value: $168,600
  • Market Land Value: $18,200
  • Market Improvement Value: $150,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,600
  • Assessed Land Value: $18,200
  • Assessed Improvements Value: $150,400

    Sales

  • Current Sale Contract Date: Nov 25, 2019
  • Current Sale Recording Date: Dec 11, 2019
  • Current Sale Transaction ID: 11711587873
  • Current Sale Price: $553,671,300
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 201920339
  • Previous Sale Recording Date: Jul 11, 2019
  • Previous Sale Contract Date: Jul 03, 2019
  • Previous Sale Amount: $144,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOLDMAN SACHS MORTGAGE CO
  • First Mortgage Transaction Date: Dec 11, 2019
  • First Mortgage Loan Amount: $442,937,000
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Fixed Rate

About New Albany



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Unit for rent at 3817 Fiske Avenue, New Albany, IN, 47150

$1,705 /mo

  • 3 Beds
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3817 Fiske Avenue, New Albany, IN, 47150 Listing by Teresa Lents

Frequently Asked Questions

What neighborhood is 3925 Horne Avenue located in?
The 3925 Horne 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 3925 Horne Avenue?
The average sales price for units in 3925 Horne Avenue is $0 currently.

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