NOT LISTED FOR SALE

1525 Culbertson Ave New Albany, IN 47150

Estimated Value: $95,000 - $134,000

2 Beds
1 Bath
1,020 Sq Ft
$106/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $63,000 $62 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $661/month

About This Home

As of March 2021

Cute cottage in the heart of New Albany! This adorable 2-bedroom, 1-bath home has so much potential, and it’s located close to schools, churches, shopping, and trendy downtown restaurants. Perfect starter home! Quick, easy access to the bridge.
Home has a tenant now with rent of $800 / month . Lease is until June 30 2021. Approved Section 8 Housing. Square feet is approximate; if critical, buyers should verify.

Last Agent to Sell the Property

Stephannie Wilson

Schuler Bauer Real Estate Services ERA Powered (N License #RB14039714 Listed on: 12/29/2020

Schuler Bauer Real Estate Services ERA Powered  (N

Last Buyer's Agent

Stephannie Wilson

Schuler Bauer Real Estate Services ERA Powered (N License #RB14039714 Listed on: 12/29/2020

Schuler Bauer Real Estate Services ERA Powered  (N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $806

Year Built

  • Built in 1929

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • Frame Construction

Interior Spaces

  • 1,020 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220502800371000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$806

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 30100
  • Annual Tax: 806
  • Appointment: 24 Hour Notice
  • Construction: Frame On-Site
  • Foundation: Crawl Space
  • Land Assessment: 9400
  • Legal Description: P. 13 W 1/2 L.86 1525 CULBERTSON
  • Parcel Number: 220502800371000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 39500
  • Total Finished Square Footage: 1020
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 1020.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Master
  • Lot Sq Ft: 3049.20
  • Room Count: 5
  • Sewer Type: Sewer
  • Total Sq Ft: 1020
  • Total Rooms: 4

Utilities

  • Fuel Type: Electric
  • 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

Listed on
Dec 29, 2020
Closed on
Mar 26, 2021
Sold by
Lukemeier Mary E and Lukemeier Louis H
Bought by
Keenan Nicholas C and Keenan Olivia R
Seller's Agent
Stephannie Wilson
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Stephannie Wilson
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$69,000
Sold Price
$63,000
Premium/Discount to List
-$6,000
-8.7%
Current Estimated Value
$108,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,367
Avg. Annual Appreciation
13.42%
Original Mortgage
$50,400
Outstanding Balance
$39,023
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$71,720
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
Keenan Nicholas C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keenan Nicholas C $50,400
Closed Keenan Nicholas C $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $63,000 -8.7% $62 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $69,000 0.0% $68 / Sq Ft
01/02/2021 01/02/21 Pending -- -- --
12/29/2020 12/29/20 For Sale $69,000 -- $68 / 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 $1,010 $56,000 $9,400 $46,600
2023 $1,010 $47,300 $9,400 $37,900
2022 $1,040 $48,700 $9,400 $39,300
2021 $919 $42,700 $9,400 $33,300
2020 $899 $41,700 $9,400 $32,300
2019 $852 $39,500 $9,400 $30,100
2018 $805 $37,100 $9,400 $27,700
2017 $817 $37,000 $9,400 $27,600
2016 $734 $36,700 $9,400 $27,300
2014 $926 $46,300 $9,300 $37,000
2013 -- $47,600 $9,400 $38,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2020012642

Southern Indiana REALTORS® Association

APN: 22-05-02-800-371.000-008