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502 Kent Drive

502 Kent Drive, New Albany, IN 47150
House in New Albany
Sold Jul 28, 2020
$144,300
$142,373 by Quicken Loans Inc
Mortgage Due Aug 01, 2050
Sold Apr 26, 2017
$100,500
$99,170 by Fairway Independent Mtg Corp
Mortgage
502 Kent Drive 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 1961 and is 63 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 502 Kent Drive has 1,080 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 1,080 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 1,100 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 8,799 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. The garage measured 304 sqft. 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 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. 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, 502 Kent Drive sold most recently in Jul 27, 2020 for a total of $144,300. If you work out the math, that's approximately a cost of $133.61 per sqft. Before that, the property was also sold for $100,500 in Apr 19, 2017. 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 $1,184 in taxes each year. 502 Kent Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $119,400. If we break it down further, the land itself was valued at $20,700. Improvements to the property, however, were assessed at a total of $98,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

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

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,080
  • Garage Type: Carport
  • Garage Square Area: 304
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,799
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,080
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: KENT DRIVE 709
  • Land Acres: 0.202
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P 709 L. 2

Ownership

  • Current Owner : CARROLL TIFFANY
  • Previous Owner : CURTIS JOSEPH DAVID
  • Previous Owner 2: CURTIS MINDY M
  • Owner Before Previous Owner: ELKIN JASON R
  • Owner Before Previous Owner 2: ELKIN BETHANY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Albany-Floyd County Consolidated Schools
  • Census Tract: 070802

Geography

  • Assessors Map Reference: 05-02-6SA-028
  • Account Number: 0083850002
  • District: 0005
  • Parcel: 22-05-02-600-262.000-008
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.311
  • Longitude: -85.8266

    Address

  • Full Address: 502 Kent Dr
  • Address - House Number: 502
  • Address - Street Name: Kent
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: New Albany
  • Carrier Code: C018
  • 4-Digit Zip Code: 4413
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 2,160
  • Tax Year: 2023
  • Tax Amount: $1,184
  • Tax Rate Code Area: 8:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.2621
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 62
  • Final Value: 220,652
  • High Value: 278,499
  • Low Value: 162,805

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $142,373
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Jul 28, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $142,373
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $119,400
  • Market Land Value: $20,700
  • Market Improvement Value: $98,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $119,400
  • Assessed Land Value: $20,700
  • Assessed Improvements Value: $98,700

    Sales

  • Current Sale Contract Date: Jul 27, 2020
  • Current Sale Recording Date: Jul 28, 2020
  • Current Sale Transaction ID: 11776623644
  • Current Sale Price: $144,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202010809
  • Previous Sale Recording Date: Apr 26, 2017
  • Previous Sale Contract Date: Apr 19, 2017
  • Previous Sale Amount: $100,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Jul 28, 2020
  • First Mortgage Loan Amount: $142,373
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • Previous Mortgage Transaction Date: Apr 26, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $99,170
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

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Frequently Asked Questions

What neighborhood is 502 Kent Drive located in?
The 502 Kent Drive is a house located in the neighborhood of New Albany in New Albany, New Albany.
What is the average sales price for listings in 502 Kent Drive?
The average sales price for units in 502 Kent Drive is $0 currently.

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