NOT LISTED FOR SALE

1516 Culbertson Ave New Albany, IN 47150

Estimated Value: $86,000 - $121,780

2 Beds
1 Bath
932 Sq Ft
$110/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $103,000 $111 Per Sq Ft

Current estimated payment $749/month

18 Days on Market

Highlights

  • Porch
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of August 2024

Great location near Downtown New Albany! 2 bedroom, 1 bath home! Unfinished basement! Updated HVAC! Updated windows! Kitchen and bath have been renovated in the past 5 years! Current long term tenant in place with a current lease. Call today for a private showing before it's SOLD!

Last Agent to Sell the Property

Chris Koerner

Property Advancement Realty License #RB14051669 Listed on: 05/13/2024

Last Buyer's Agent

Petar Mandic

Semonin REALTORS License #RB22000278

Semonin REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,449

Year Built

  • Built in 1929

Lot Details

  • 3,920

Home Design

  • Frame Construction

Interior Spaces

  • 932 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available
  • Natural Gas Water Heater

Additional Features

  • Porch
  • 3,920 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 220502800356000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,449

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 70500
  • Annual Tax: 1449
  • Appointment: 24 Hour Notice
  • Construction: Frame On-Site
  • Land Assessment: 10700
  • Legal Description: P 13 E 1/2 L 79
  • Parcel Number: 220502800356000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 81200
  • Total Finished Square Footage: 932
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Unfinished
  • Above Grade Finished Sq Ft: 932.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Master
  • Lot Sq Ft: 3920.40
  • Room Count: 5
  • Sewer Type: Sewer
  • Total Sq Ft: 932
  • Total Rooms: 4

Exterior Features

  • Exterior Features: Porch, Public Sidewalk

Utilities

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

Lot Info

  • Acres: 0.0900
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Aug 26, 2024
Sold by
Headrick Construction Llc
Bought by
Singh Ajay
Seller's Agent
Chris Koerner
Property Advancement Realty
Buyer's Agent
Petar Mandic
Semonin REALTORS
List Price
$112,000
Sold Price
$103,000
Premium/Discount to List
-$9,000
-8.04%
Views
50
Current Estimated Value
$102,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55
Avg. Annual Appreciation
3.70%
Original Mortgage
$82,400
Outstanding Balance
$81,619
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$25,653

Purchase Details

Listed on
Nov 10, 2018
Closed on
Jan 10, 2019
Sold by
Bank Of New York Mellon
Bought by
Headrick Construction Llc
Seller's Agent
John Koerner
Property Advancement Realty
Buyer's Agent
Chris Koerner
Property Advancement Realty
List Price
$33,500
Sold Price
$30,000
Premium/Discount to List
-$3,500
-10.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.89%
Original Mortgage
$60,000
Interest Rate
4.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 18, 2018
Sold by
Floyd County Sheriff
Bought by
Bank Of New York Mellon

Purchase Details

Closed on
Dec 1, 2006
Sold by
Winternheimer Management Llc
Bought by
Lewis Sharon T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
9.5%
Mortgage Type
Assumption
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 Buyer Sale Price Title Company
Singh Ajay $103,000 None Listed On Document
Headrick Construction Llc $30,000 Fidelity National Title
Bank Of New York Mellon $54,900 None Available
Lewis Sharon T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Ajay $82,400
Previous Owner Headrick Construction Llc $70,000
Previous Owner Headrick Construction Llc $75,050
Previous Owner Headrick Thomas D $99,000
Previous Owner Headrick Thomas D $60,000
Previous Owner Headrick Thomas D $60,000
Previous Owner Lewis Sharon T $63,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $103,000 -6.3% $111 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
05/28/2024 05/28/24 Price Changed $109,899 0.0% $118 / Sq Ft
05/22/2024 05/22/24 Price Changed $109,900 -1.9% $118 / Sq Ft
05/13/2024 05/13/24 For Sale $112,000 +273.3% $120 / Sq Ft
01/16/2019 01/16/19 Sold $30,000 -10.4% $32 / Sq Ft
12/20/2018 12/20/18 Pending -- -- --
12/07/2018 12/07/18 For Sale $33,500 0.0% $36 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
11/10/2018 11/10/18 For Sale $33,500 -- $36 / 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 $2,417 $81,200 $10,700 $70,500
2023 $2,417 $67,900 $10,700 $57,200
2022 $1,495 $70,000 $10,700 $59,300
2021 $1,315 $61,100 $10,700 $50,400
2020 $1,278 $59,300 $10,700 $48,600
2019 $1,210 $56,100 $10,700 $45,400
2018 $1,157 $52,400 $10,700 $41,700
2017 $1,687 $52,200 $10,700 $41,500
2016 $1,407 $51,700 $10,700 $41,000
2014 $1,481 $48,600 $10,700 $37,900
2013 -- $49,900 $10,700 $39,200
Source: Public Records

Agents Affiliated with this Home

  • Chris Koerner

    Seller's Agent in 2024

    Chris Koerner

    Property Advancement Realty

    (502) 639-3219

    74 in this area

    337 Total Sales

    Chris Koerner
    Section Image
  • Petar Mandic

    Buyer's Agent in 2024

    Petar Mandic

    Semonin Realty

    (404) 934-9332

    7 in this area

    217 Total Sales

    Petar Mandic
    Section Image

  • J

    Seller's Agent in 2019

    John Koerner

    Property Advancement Realty

    (502) 551-3621

    6 in this area

    82 Total Sales

    John Koerner
    Section Image

  • T

    Seller Co-Listing Agent in 2019

    Tom Turner

    Property Advancement Realty

    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202407836

Southern Indiana REALTORS® Association

APN: 22-05-02-800-356.000-008

Indiana Floyd County New Albany 47150

1516 Culbertson Ave, New Albany, IN

This home is located at 1516 Culbertson Ave, New Albany, IN 47150 since 13 May 2024 and is currently estimated at $102,945, approximately $110 per square foot. This property was built in 1929. 1516 Culbertson Ave is a home located in Floyd County with nearby schools including S. Ellen Jones Elementary School, Hazelwood Middle School, and New Albany Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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