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507 Hausfeldt Lane

507 Hausfeldt Lane, New Albany, IN 47150
Commercial in New Albany
Sold Aug 22, 2022
$251,800
Buyer
Seller
$425,340 by Centra Credit Union
Mortgage Due Mar 10, 2038
507 Hausfeldt Lane 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 1948 and is 76 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 is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 507 Hausfeldt Lane has 1,136 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 55,234 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 detached garage for those who require parking. The garage measured 352 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 poor. 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. 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. The property was last sold in Aug 19, 2022 for $251,800. That's $221.65 per sqft. 507 Hausfeldt Lane was last assessed in 2023. The total value of the property was assessed at $74,800. Specifically, the land the property is located on was valued at $49,400. While improvements on the property were assessed at a total of $25,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,316. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Poor
  • 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: 352
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 55,234
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,136
  • Building Area: 1,136
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,136
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 1.268
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SW1/4 14-2-6 1.268 AC.

Ownership

  • Current Owner : DARST LLC
  • Previous Owner : ERIC WYSS
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: New Albany-Floyd County Consolidated Schools
  • Census Tract: 071007

Geography

  • Assessors Map Reference: 05-01-420-005
  • Account Number: 0052590009
  • District: 0005
  • Section: 14
  • Parcel: 22-05-01-400-009.000-007
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.3385
  • Longitude: -85.8265

    Address

  • Full Address: 507 Hausfeldt Ln
  • Address - House Number: 507
  • Address - Street Name: Hausfeldt
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: New Albany
  • Carrier Code: C033
  • 4-Digit Zip Code: 2220
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 1,136
  • Tax Year: 2023
  • Tax Amount: $1,316
  • Tax Rate Code Area: 7:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.2455
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 178,405
  • High Value: 222,216
  • Low Value: 134,594

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $425,340
  • First Open Lien Mortgage Lender: CENTRA CREDIT UNION
  • First Open Lien Mortgage Recording Date: Mar 13, 2023
  • First Open Lien Mortgage Loan Amount: $425,340
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Mar 10, 2038

    Market Valuation

  • Market Total Value: $74,800
  • Market Land Value: $49,400
  • Market Improvement Value: $25,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,800
  • Assessed Land Value: $49,400
  • Assessed Improvements Value: $25,400

    Sales

  • Current Sale Contract Date: Aug 19, 2022
  • Current Sale Recording Date: Aug 22, 2022
  • Current Sale Transaction ID: 11894898958
  • Current Sale Price: $251,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9970

    Last Sale Mortgage

  • First Mortgage Lender: CENTRA CREDIT UNION
  • First Mortgage Transaction Date: Aug 22, 2022
  • First Mortgage Loan Amount: $100,720
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Aug 19, 2023
  • Second Mortgage Lender: CENTRA CREDIT UNION
  • Second Mortgage Transaction Date: Aug 22, 2022
  • Second Mortgage Loan Amount: $25,000
  • Second Mortgage Loan Due Date: Aug 19, 2032

About New Albany



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Frequently Asked Questions

What neighborhood is 507 Hausfeldt Lane located in?
The 507 Hausfeldt Lane is a commercial located in the neighborhood of New Albany in New Albany, New Albany.
What is the average sales price for listings in 507 Hausfeldt Lane?
The average sales price for units in 507 Hausfeldt Lane is $0 currently.

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