NOT LISTED FOR SALE

1525 Culbertson Ave New Albany, IN 47150

Estimated Value: $93,000 - $135,000

2 Beds
1 Bath
1,020 Sq Ft
$113/Sq Ft Est. Value

Last Sold March 26, 2021

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

Est. 84% increase in value since last sale

Current estimated payment $709/month

15 Days on Market

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

NextHome Wilson Real Estate License #RB14039714 Listed on: 12/29/2020

Last Buyer's Agent

Stephannie Wilson

NextHome Wilson Real Estate License #RB14039714 Listed on: 12/29/2020

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

  • Annual Tax: 806
  • Appointment: 24 Hour Notice
  • Construction: Frame On-Site
  • Foundation: Crawl Space
  • Legal Description: P. 13 W 1/2 L.86 1525 CULBERTSON
  • Parcel Number: 220502800371000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • 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
  • Sewer Type: Sewer
  • Total Sq Ft: 1020

Utilities

  • Fuel Type: Electric
  • Heat Type: Forced Air
  • Water Type: Public Onsite

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
NextHome Wilson Real Estate
Buyer's Agent
Stephannie Wilson
NextHome Wilson Real Estate
List Price
$69,000
Sold Price
$63,000
Premium/Discount to List
-$6,000
-8.7%
Current Estimated Value
$115,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,672
Avg. Annual Appreciation
13.90%
Original Mortgage
$50,400
Outstanding Balance
$37,760
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$77,912
Source: Public Records

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

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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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 $1,189 $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

  • Stephannie Wilson

    Seller's Agent in 2021

    Stephannie Wilson

    NextHome Wilson Real Estate

    (502) 643-3062

    156 in this area

    868 Total Sales

    Stephannie Wilson
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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

Indiana Floyd County New Albany 47150

1525 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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