1602 Rector Ln is a 1,712 square foot house on a 0.89 acre lot with 3 bedrooms and 2 bathrooms. Based on Redfin's New Albany data, we estimate the home's value is $264,602.
Single-familyProperty Type
1946Year Built
0.89 acresLot Size
$155Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$264,602
$0 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 4.9% lower than the average sale price ($278K) of 5 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$1,887 (+1.1%)
$27,600 + $170,500
$198,100
2024
$1,866 (+11.9%)
$27,600 + $149,100
$176,700
2023
$1,667 (+18.5%)
$27,600 + $129,100
$156,700
2022
$1,408 (+11.8%)
$27,600 + $106,300
$133,900
2021
$1,259 (+3.6%)
$27,600 + $93,200
$120,800
2020
$1,216 (+15.5%)
$27,600 + $93,200
$120,800
2019
$1,053 (+126.6%)
$27,600 + $85,700
$113,300
2018
$464 (−69.3%)
$27,600 + $50,100
$77,700
2017
$1,511 (+10.3%)
$27,600 + $48,200
$75,800
2016
$1,370 (−2.4%)
$27,600 + $48,200
$75,800
2015
$1,403 (−2.2%)
$27,600 + $42,400
$70,000
2013
$1,434
$27,600 + $44,000
$71,600
Tax history for 1602 Rector Ln
Year
Property tax
Land + Additions
Assessment*
2025
$1,887 (+1.1%)
$27,600 + $170,500
$198,100
2024
$1,866 (+11.9%)
$27,600 + $149,100
$176,700
2023
$1,667 (+18.5%)
$27,600 + $129,100
$156,700
2022
$1,408 (+11.8%)
$27,600 + $106,300
$133,900
2021
$1,259 (+3.6%)
$27,600 + $93,200
$120,800
2020
$1,216 (+15.5%)
$27,600 + $93,200
$120,800
2019
$1,053 (+126.6%)
$27,600 + $85,700
$113,300
2018
$464 (−69.3%)
$27,600 + $50,100
$77,700
2017
$1,511 (+10.3%)
$27,600 + $48,200
$75,800
2016
$1,370 (−2.4%)
$27,600 + $48,200
$75,800
2015
$1,403 (−2.2%)
$27,600 + $42,400
$70,000
2013
$1,434
$27,600 + $44,000
$71,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Permits
Dec 5, 2026 • Active
Building safety and construction
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 992
Basement Type: Finished
Bathroom Information
# of Full Baths: 2
# of Bathroom Fixtures: 8
Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Hot Water Steam
Fireplace Information
# of Fireplaces: 1
Fireplace Type: Masonry
Has Fireplace
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Wood
Building Type: Single Family
Property Information
Subdivision Name: ILLINOIS GRANT
Living Sq. Ft: 1,712
Adjusted Gross Sq. Ft: 2,704
Building Sq. Ft: 2,704
# of Stories: 1
Legal Description: 44 ILL. GNT. .895AC.
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 288
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 38,986
Legal Lot Number: E
Municipality Name: NEW ALBANY TOWNSHIP
Acres: 0.895
County Use Description: SFR UNPLATTED 0-9.99 AC
Utility Information
Electricity / Wiring Type: Available
Sewer Type: Public
Water Service Type: Public
Financial
Assessor Information
Assessment Year: 2025
Tax District County: NEW ALBANY CITY
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,712
Stories: 1.0
Lot Size: 0.89 acres
Style: Single Family Residential
Year Built: 1946
Year Renovated: 1946
County: Floyd County
APN: 220504400321000008
Home facts updated by county records on Aug 13, 2026
Around this home
Schools
Slate Run Elementary School
Public PreK-4 • Assigned • 0.7mi
8/10
Hazelwood Middle School
Public 5-8 • Assigned • 1.8mi
5/10
New Albany Senior High School
Public 9-12 • Assigned • 2.0mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 106° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
New Albany, IN • 47150
Average low and high temperatures (°F)
39
21
49
29
66
42
74
52
76
57
87
67
91
73
88
67
85
60
73
49
59
41
48
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.5 hours in
June and 3.7 hours in December, placing it below the
U.S. average for solar exposure.
9.5 hrs
3.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$252,000 – $305,000
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