NOT LISTED FOR SALE

1519 Culbertson Ave New Albany, IN 47150

Estimated Value: $77,000 - $100,547

1 Bed
1 Bath
880 Sq Ft
$99/Sq Ft Est. Value

Last Sold February 05, 2025

Last sale price $75,000 $85 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $550/month

109 Days on Market

Highlights

  • Bonus Room
  • Fenced Yard
  • 1-Story Property
  • Covered Patio or Porch
  • Shed
  • Forced Air Heating and Cooling System

About This Home

As of February 2025

This cozy 1-bedroom, 1 bathroom home is a fantastic opportunity for
investors seeking a steady, long-term income steam. Situated in the
heart of New Albany, this property comes with loyal tenants who have
called it home for 30 years, ensuring immediate rental income upon
purchase. Key Features: * Cute front porch perfect for relaxing
afternoons. * A fenced backyard offering privacy and plenty of
outdoor space - wooden arbor swing included. * Recently updated
systems: a 2-year-old water heater and HVAC system provide peace of
mind and reduced maintenance costs. * Listed at just $99,000.00, this
home is an affordable investment with solid potential. Located in a
vibrant area of New Albany, this property offers easy access to local
amenities, schools, and parks, making it an attractive rental option
for years to come. Don't miss this rare chance to own a property with
established tenants and a proven rental history. Message me today to
schedule a showing or for more details. Sq ft & rm sz approx.

Last Agent to Sell the Property

Rebecca Brashear

Schuler Bauer Real Estate Services ERA Powered (N License #RB19001856 Listed on: 10/10/2024

Schuler Bauer Real Estate Services ERA Powered (N

Last Buyer's Agent

Charity Porcius

Starlight Real Estate License #RB24000171

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $940

Year Built

  • Built in 1929

Lot Details

  • 2,962 Sq Ft Lot
  • Fenced Yard

Home Design

  • Vinyl Siding

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Bonus Room
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Ceramic Tile in Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220502800375000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$940

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Annual Tax: 940
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Crawl Space
  • Legal Description: P 13 E 1/2 L 82
  • Lot Dimensions: see lot size
  • Out Buildings: Shed
  • Parcel Number: 220502800375000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 880
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 880.00
  • Appliances: Range / Oven
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Interior Amenities: Bonus Room, Ceramic Bath
  • Lot Sq Ft: 2962.08
  • Sewer Type: Sewer
  • Total Sq Ft: 880

Exterior Features

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

Utilities

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

Lot Info

  • Acres: 0.0680
  • Zoning: Residential

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Mortgage History

Date Status Borrower Loan Amount
Closed Canter Suzanne Marie $25,984
Closed Canter Suzanne Marie $26,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2025 02/05/25 Sold $75,000 -24.2% $85 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
12/01/2024 12/01/24 Price Changed $99,000 0.0% $113 / Sq Ft
12/01/2024 12/01/24 For Sale $99,000 -13.9% $113 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $115,000 -- $131 / 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 $1,104 $52,000 $9,400 $42,600
2023 $2,050 $44,000 $9,400 $34,600
2022 $968 $45,300 $9,400 $35,900
2021 $857 $39,800 $9,400 $30,400
2020 $833 $38,600 $9,400 $29,200
2019 $792 $36,700 $9,400 $27,300
2018 $749 $34,500 $9,400 $25,100
2017 $1,139 $34,500 $9,400 $25,100
2016 $685 $34,200 $9,400 $24,800
2014 $633 $31,600 $9,300 $22,300
2013 -- $32,500 $9,400 $23,100
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Brashear

    Seller's Agent in 2025

    Rebecca Brashear

    Schuler Bauer Real Estate Services ERA Powered (N

    (502) 240-2801

    8 in this area

    25 Total Sales

    Rebecca Brashear
    Section Image

  • C

    Buyer's Agent in 2025

    Charity Porcius

    Starlight Real Estate

    (812) 406-6152

    5 in this area

    6 Total Sales

    Charity Porcius
    Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2024011446

Southern Indiana REALTORS® Association

APN: 22-05-02-800-375.000-008

Indiana Floyd County New Albany 47150

1519 Culbertson Ave, New Albany, IN

Not Listed for Sale

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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