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424 East Market Street

424 East Market Street, New Albany, IN 47150
Commercial in Downtown New Albany
424 East Market Street in New Albany, IN was first built in 1929 and is 95 years old. This has been categorized as a commercial property type. There are a total of 3 floors. The linear feet across the front of the lot is 300 ft and the linear feet between the front and back of the lot is 540. In total, the area measurement of the land is 1,307 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. 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. As for heating, the home is utilizing 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. Tax-wise, the current owner is expected to pay close to $2,942 in taxes each year. 424 East Market Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $101,500. If we break it down further, the land itself was valued at $13,400. Improvements to the property, however, were assessed at a total of $88,100. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,307
  • Lot Size Depth Feet: 540
  • Lot Size Frontage Feet: 300
  • Total Building Area: 4,286
  • Gross Building Area: 4,286
  • Building Area: 4,286
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Land Acres: 0.03
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: P.93 30'X54' L.35 424 E. MARKET

Ownership

  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: New Albany-Floyd County Consolidated Schools
  • Census Tract: 070500

Geography

  • Assessors Map Reference: 05-00-2SB-147
  • Account Number: 0087890077
  • District: 0005
  • Parcel: 22-05-00-200-666.000-008
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.286
  • Longitude: -85.8184

    Address

  • Full Address: 424 E Market St
  • Address - House Number: 424
  • Street Direction: E
  • Address - Street Name: Market
  • Address - Suffix Type: St
  • State: IN
  • City Name: New Albany
  • Carrier Code: C009
  • 4-Digit Zip Code: 2910
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 4,286
  • Tax Year: 2023
  • Tax Amount: $2,942
  • Tax Rate Code Area: 8:NEW ALBA

    Market Valuation

  • Market Total Value: $101,500
  • Market Land Value: $13,400
  • Market Improvement Value: $88,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,500
  • Assessed Land Value: $13,400
  • Assessed Improvements Value: $88,100

About New Albany



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Frequently Asked Questions

What neighborhood is 424 East Market Street located in?
The 424 East Market Street is a commercial located in the neighborhood of Downtown New Albany in New Albany, New Albany.
What is the average sales price for listings in 424 East Market Street?
The average sales price for units in 424 East Market Street is $0 currently.

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