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909 Cherry Street

909 Cherry Street, New Albany, IN 47150
House in New Albany
Sold Aug 14, 2023
$214,168
$161,029 by United Wholesale Mortgage Llc
Mortgage Due Sep 01, 2053
Sold Feb 06, 2020
$102,800
$82,215 by River Cities Bank
Mortgage Due Feb 01, 2035
909 Cherry Street 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 1950 and is 74 years old. The home has a total of 4 rooms. 2 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, 909 Cherry Street has 930 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 910 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 1,400 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 7,710 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 mixed used garage for those who require parking. The garage measured 708 sqft. According to our sources, there are a total of 3 available parking spaces. 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. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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 11, 2023 for $214,168. That's $230.29 per sqft. Prior to that sales transaction, the property was also sold in Jan 30, 2020 for $102,800. 909 Cherry Street was last assessed in 2023. The total value of the property was assessed at $68,700. Specifically, the land the property is located on was valued at $13,300. While improvements on the property were assessed at a total of $55,400. 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 $493. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1950
  • Effective Year Built: 1950
  • Total Rooms: 4
  • Bedroom Count: 2
  • 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: Full basement
  • Basement Area: 910
  • Garage Type: Mixed use
  • Garage Square Area: 708
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 7,710
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 550
  • Total Building Area: 930
  • Building Area: 930
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 930
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CHERRY STREET 56
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P 56 L 5 W 5' L 7

Ownership

  • Current Owner : TUDOR DOMINICK
  • Previous Owner : BAS INVESTMENTS LLC
  • Owner Before Previous Owner: MALLOCH CLAUDIA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 05-03-430-074
  • Account Number: 0087720053
  • District: 0005
  • Parcel: 22-05-03-401-248.000-008
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.2885
  • Longitude: -85.8404

    Address

  • Full Address: 909 Cherry St
  • Address - House Number: 909
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: IN
  • City Name: New Albany
  • Carrier Code: C022
  • 4-Digit Zip Code: 5334
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 1,843
  • Tax Year: 2023
  • Tax Amount: $493
  • Tax Rate Code Area: 8:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.2635
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 176,488
  • High Value: 223,009
  • Low Value: 129,967

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $161,029
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 10, 2023
  • First Open Lien Mortgage Loan Amount: $161,029
  • 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, 2053

    Market Valuation

  • Market Total Value: $68,700
  • Market Land Value: $13,300
  • Market Improvement Value: $55,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,700
  • Assessed Land Value: $13,300
  • Assessed Improvements Value: $55,400

    Sales

  • Current Sale Contract Date: Aug 11, 2023
  • Current Sale Recording Date: Aug 14, 2023
  • Current Sale Transaction ID: 11911083847
  • Current Sale Price: $214,168
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8746
  • Previous Sale Recording Date: Feb 06, 2020
  • Previous Sale Contract Date: Jan 30, 2020
  • Previous Sale Amount: $102,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 14, 2023
  • First Mortgage Loan Amount: $161,029
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: RIVER CITIES BANK
  • Previous Mortgage Transaction Date: Feb 06, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $82,215
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2035

About New Albany



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Nearby Rentals

Unit for rent at

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 1,086 ft²
Listing by Sharon Y Gazaway-Bell
Unit for rent at

$1,300 /mo

  • 4 Beds
  • 2 Baths
  • 1,266 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 909 Cherry Street located in?
The 909 Cherry Street is a house located in the neighborhood of New Albany in New Albany, New Albany.
What is the average sales price for listings in 909 Cherry Street?
The average sales price for units in 909 Cherry Street is $76,900 , or $83/sqft. currently.

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