$27,500
SOLD JAN 17, 2017

1201 Culbertson Ave New Albany, IN 47150

3 Beds
1 Bath
990 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$28 Per Sq Ft

21% Below List Price

22 Days on Market

Highlights

  • 1 Fireplace
  • First Floor Utility Room
  • Eat-In Kitchen
  • Covered patio or porch
  • Fenced Yard
  • Shed

About This Home

As of July 2025

Right across from S Ellen Jones Grade School and park. Great investment property. Last rented for $450/month. Needs renovations and updating which will increase rent income and value potential. Immediate possession at closing! Rm Sz & Sq Ft approx.

Last Agent to Sell the Property

Ronald Kost

Schuler Bauer Real Estate Services ERA Powered (N License #RB14046277 Listed on: 11/22/2016

Schuler Bauer Real Estate Services ERA Powered  (N

Last Buyer's Agent

Scott Radcliff

RE/MAX Ability Plus License #77284

RE/MAX Ability Plus

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 27 x 120
  • Fenced Yard

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 990 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • First Floor Utility Room
  • Utility Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Sump Pump
  • Basement Cellar

Outdoor Features

  • Covered patio or porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220502800277000008

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 30600
  • Annual Tax: 757
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Brick (Solid)
  • Land Assessment: 10100
  • Legal Description: P 13 E 23.4' L.22 W 3.9' L. 24
  • Lot Dimensions: 27 x 120
  • Numof Fireplaces: 1
  • Out Buildings: Shed
  • Parcel Number: 220502800277000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 40700
  • Total Finished Square Footage: 990
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 990.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Utility, Atcs, Eat-In Kitchen, Sump Pump, Utility/Mud Room
  • Lot Measurement: Acres
  • Lot Sq Ft: 3049.00
  • Room Count: 8
  • Sewer Type: Sewer
  • Total Sq Ft: 990
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Covered Porch, Fenced Yard, Public Sidewalk

Garage/Parking

  • Garage Spaces: 0

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Lp Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.0700
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2023
Sold by
Hanover Properties Retirement Plan Trust
Bought by
Culbertson Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,400
Outstanding Balance
$144,767
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$22,786

Purchase Details

Listed on
Dec 29, 2022
Closed on
Dec 22, 2022
Sold by
Hanover Properties Retirement Plan Trust
Bought by
Hannver Properties Retirement Plan Trust
Seller's Agent
Kristy Barbour
Homepage Realty
Buyer's Agent
Wes Sama
Keller Williams Louisville East
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.94%

Purchase Details

Listed on
Nov 22, 2016
Closed on
Jan 17, 2017
Sold by
Allen Dorlis F and Allen Gary
Bought by
Schaefer Duane E and Schaefer Callie E
Seller's Agent
Ronald Kost
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Scott Radcliff
RE/MAX Ability Plus
List Price
$34,900
Sold Price
$27,500
Premium/Discount to List
-$7,400
-21.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.24%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $185,500 None Listed On Document
Warranty Deed -- --
Warranty Deed $27,500 James L Fine, Attorney, Pllc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $148,400 New Conventional
Previous Owner $47,527 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Sold $210,000 +5.0% $191 / Sq Ft
06/22/2025 06/22/25 Pending -- -- --
06/20/2025 06/20/25 For Sale $200,000 +11.1% $182 / Sq Ft
08/21/2023 08/21/23 Sold $180,000 0.0% $157 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $180,000 +63.6% $157 / Sq Ft
12/29/2022 12/29/22 Sold $110,000 0.0% $100 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
12/28/2022 12/28/22 For Sale $110,000 +300.0% $100 / Sq Ft
01/17/2017 01/17/17 Sold $27,500 -21.2% $28 / Sq Ft
12/14/2016 12/14/16 Pending -- -- --
11/22/2016 11/22/16 For Sale $34,900 -- $35 / Sq Ft
Source: Southern Indiana REALTORS® Association

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,631 $60,700 $10,100 $50,600
2023 $1,631 $51,200 $10,100 $41,100
2022 $1,128 $52,700 $10,100 $42,600
2021 $999 $46,300 $10,100 $36,200
2020 $1,001 $46,300 $10,100 $36,200
2019 $949 $43,900 $10,100 $33,800
2018 $897 $41,200 $10,100 $31,100
2017 $1,808 $41,100 $10,100 $31,000
2016 $939 $40,700 $10,100 $30,600
2014 $752 $37,400 $10,100 $27,300
2013 -- $38,300 $10,100 $28,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201607596

Southern Indiana REALTORS® Association

APN: 22-05-02-800-277.000-008