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425 Woodrow Avenue

425 Woodrow Avenue, New Albany, IN 47150
Property in New Albany
Sold Aug 26, 2020
$125,000
$100,000 by Ruoff Mortgage Co Inc
Mortgage Due Sep 01, 2050
Sold Jun 02, 2016
$82,000
$80,907 by Stockton Mortgage Corp
Mortgage Due Jun 01, 2046
425 Woodrow Avenue in New Albany, IN was first built in 1927 and is 97 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 425 Woodrow Avenue has 950 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 linear feet across the front of the lot is 350 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 4,879 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 detached garage. The garage is 468 sqft. There are a total of 2 available parking spaces. 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, 425 Woodrow Avenue sold most recently in Aug 20, 2020 for a total of $125,000. If you work out the math, that's approximately a cost of $131.58 per sqft. Before that, the property was also sold for $82,000 in May 27, 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 $867 in taxes each year. 425 Woodrow Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $101,200. If we break it down further, the land itself was valued at $11,700. Improvements to the property, however, were assessed at a total of $89,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1927
  • Effective Year Built: 1927
  • Total Rooms: 7
  • 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: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 468
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,879
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 350
  • Total Building Area: 950
  • Building Area: 950
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 950
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WOODROW AVE
  • Land Acres: 0.112
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P 515 BLK 4

Ownership

  • Current Owner : GOODMAN BRITTANY M
  • Previous Owner : ANDERSON LAUREL K
  • Owner Before Previous Owner: RANDALL KATHERYN R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Albany-Floyd County Consolidated Schools
  • Census Tract: 070302

Geography

  • Assessors Map Reference: 05-02-9E4-275
  • Account Number: 0085650016
  • District: 0005
  • Parcel: 22-05-02-900-833.000-008
  • Block: 4
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.2995
  • Longitude: -85.7968

    Address

  • Full Address: 425 Woodrow Ave
  • Address - House Number: 425
  • Address - Street Name: Woodrow
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: New Albany
  • Carrier Code: C021
  • 4-Digit Zip Code: 1552
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 950
  • Tax Year: 2023
  • Tax Amount: $867
  • Tax Rate Code Area: 8:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.2635
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 195,890
  • High Value: 247,525
  • Low Value: 144,255

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: RUOFF MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Aug 26, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $100,000
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $101,200
  • Market Land Value: $11,700
  • Market Improvement Value: $89,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,200
  • Assessed Land Value: $11,700
  • Assessed Improvements Value: $89,500

    Sales

  • Current Sale Contract Date: Aug 20, 2020
  • Current Sale Recording Date: Aug 26, 2020
  • Current Sale Transaction ID: 11786125512
  • Current Sale Price: $125,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202012994
  • Previous Sale Recording Date: Jun 02, 2016
  • Previous Sale Contract Date: May 27, 2016
  • Previous Sale Amount: $82,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE CO INC
  • First Mortgage Transaction Date: Aug 26, 2020
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: STOCKTON MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 02, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $80,907
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2046

About New Albany



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Frequently Asked Questions

What neighborhood is 425 Woodrow Avenue located in?
The 425 Woodrow Avenue is a located in the neighborhood of New Albany in New Albany, New Albany.
What is the average sales price for listings in 425 Woodrow Avenue?
The average sales price for units in 425 Woodrow Avenue is $0 currently.

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