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613 East 5th Street

613 East 5th Street, New Albany, IN 47150
Property in New Albany
Sold Feb 01, 2023
$70,756
$53,200 by German American Bank
Mortgage Due Feb 01, 2053
613 East 5th Street in New Albany, IN was first built in 1929 and is 95 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 613 East 5th Street has 1,448 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 188 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 270 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 4,922 square feet.

Learn more about the property and building on this page. The roof of the home is made of metal. 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 D. The condition of the building has been evaluated as poor. As for heating, the home is utilizing a heat pump and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 613 East 5th Street was last sold in Jan 31, 2023 for $70,756. According to our calculations, that's $48.86 per sqft. Current property owners are expected to pay $822 in taxes per year. The property on 613 East 5th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $38,500. To break that down further, the land itself was valued at $6,600. While improvements to the property were assessed at a total of $31,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Poor
  • Building Quality: D
  • Construction Type: Wood
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 188
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,922
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 270
  • Total Building Area: 1,448
  • Building Area: 1,448
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 1,448
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: UPPER SPRING
  • Land Acres: 0.113
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P.85 S 1/2 L.12 & N 2' L.13

Ownership

  • Current Owner : COCKRELL SHERRY ANN
  • Current Owner 2: LEE JAMES TIMOTHY
  • Previous Owner : HOUSEQUEST V LLC

Neighborhood

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

Geography

  • Assessors Map Reference: 05-03-5SB-204
  • Account Number: 0087760015
  • District: 0005
  • Parcel: 22-05-03-500-114.000-008
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.2899
  • Longitude: -85.8204

    Address

  • Full Address: 613 E 5th St
  • Address - House Number: 613
  • Street Direction: E
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: IN
  • City Name: New Albany
  • Carrier Code: C002
  • 4-Digit Zip Code: 3306
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 1,636
  • Tax Year: 2023
  • Tax Amount: $822
  • Tax Rate Code Area: 8:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.2635
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 143,277
  • High Value: 181,044
  • Low Value: 105,510

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $53,200
  • First Open Lien Mortgage Lender: GERMAN AMERICAN BANK
  • First Open Lien Mortgage Recording Date: Feb 01, 2023
  • First Open Lien Mortgage Loan Amount: $53,200
  • 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: Feb 01, 2053

    Market Valuation

  • Market Total Value: $38,500
  • Market Land Value: $6,600
  • Market Improvement Value: $31,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,500
  • Assessed Land Value: $6,600
  • Assessed Improvements Value: $31,900

    Sales

  • Current Sale Contract Date: Jan 31, 2023
  • Current Sale Recording Date: Feb 01, 2023
  • Current Sale Transaction ID: 11901516123
  • Current Sale Price: $70,756
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 805

    Last Sale Mortgage

  • First Mortgage Lender: GERMAN AMERICAN BANK
  • First Mortgage Transaction Date: Feb 01, 2023
  • First Mortgage Loan Amount: $53,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2053

About New Albany



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Frequently Asked Questions

What neighborhood is 613 East 5th Street located in?
The 613 East 5th Street is a located in the neighborhood of New Albany in New Albany, New Albany.
What is the average sales price for listings in 613 East 5th Street?
The average sales price for units in 613 East 5th Street is $0 currently.

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