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7091 Hopewell Road

7091 Hopewell Road, Lanesville, IN 47136
Property in Franklin
Sold Dec 30, 2016
$117,400
$115,862 by Century Lending Co
Mortgage Due Dec 30, 2046
Local assessors in Lanesville, IN have categorized 7091 Hopewell Road as a residential type of property. The home was built in 1964 and is 60 years old. The property's lot size has been calculated to be 43,560 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7091 Hopewell Road has a total of 1,296 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,296 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a above ground pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 7091 Hopewell Road sold most recently in Dec 27, 2016 for a total of $117,400. If you work out the math, that's approximately a cost of $90.59 per sqft. 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 $1,152 in taxes each year. 7091 Hopewell Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $169,100. If we break it down further, the land itself was valued at $24,200. Improvements to the property, however, were assessed at a total of $144,900. 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.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,296
  • Garage Type: Carport
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,296
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NE 1/4 SE 1/4 34-3-5 .86AC / NE 1/4 SE 1/4 34-3-5 .14AC #23 (22-01-03-400-022.000-001)

Ownership

  • Current Owner : MAYFIELD WILLIAM
  • Current Owner 2: MAYFIELD TERI
  • Previous Owner : MCRAE MARTHA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Albany-Floyd County Consolidated Schools
  • Census Tract: 071200

Geography

  • Assessors Map Reference: 01-03-400-059
  • Account Number: 0010170024
  • District: 0001
  • Section: 34
  • Parcel: 22-01-03-400-023.000-001
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 38.2062
  • Longitude: -85.9385

    Address

  • Full Address: 7091 Hopewell Rd
  • Address - House Number: 7091
  • Address - Street Name: Hopewell
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Lanesville
  • Carrier Code: R001
  • 4-Digit Zip Code: 9520
  • Zip Code: 47136

Valuation

    Tax

  • Total Area: 2,592
  • Tax Year: 2023
  • Tax Amount: $1,152
  • Tax Rate Code Area: 1:FRANKLIN

    Appraisal Valuation

  • Standard Deviation: 0.2341
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 278,302
  • High Value: 343,459
  • Low Value: 213,146

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $115,862
  • First Open Lien Mortgage Lender: CENTURY LENDING CO
  • First Open Lien Mortgage Recording Date: Dec 30, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $115,862
  • 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: Dec 30, 2046

    Market Valuation

  • Market Total Value: $169,100
  • Market Land Value: $24,200
  • Market Improvement Value: $144,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,100
  • Assessed Land Value: $24,200
  • Assessed Improvements Value: $144,900

    Sales

  • Current Sale Contract Date: Dec 27, 2016
  • Current Sale Recording Date: Dec 30, 2016
  • Current Sale Transaction ID: 1920914983
  • Current Sale Price: $117,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201618970

    Last Sale Mortgage

  • First Mortgage Lender: CENTURY LENDING CO
  • First Mortgage Transaction Date: Dec 30, 2016
  • First Mortgage Loan Amount: $115,862
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Floyd



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Frequently Asked Questions

What neighborhood is 7091 Hopewell Road located in?
The 7091 Hopewell Road is a located in the neighborhood of Franklin in Floyd, Lanesville.
What is the average sales price for listings in 7091 Hopewell Road?
The average sales price for units in 7091 Hopewell Road is $0 currently.

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