NOT LISTED FOR SALE

1612 Culbertson Ave New Albany, IN 47150

Estimated Value: $189,000 - $249,000

4 Beds
2 Baths
1,862 Sq Ft
$121/Sq Ft Est. Value

Last Sold May 21, 2019

Last sale price $136,000 $73 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,456/month

10 Days on Market

About This Home

As of May 2019

Looking for an INCOME PRODUCING PROPERTY? Take a look at this 2-unit duplex in the heart of downtown New Albany. This property was completely remodeled in 2009 including new drywall, flooring, fixtures, windows, hvac, siding, and more. Roof replaced in 2016. Downstairs and upstairs units, each unit has 2 bedrooms, 1 full bathroom, a kitchen, and a living area. Seller is leaving a full suite of kitchen appliances and washer and dryer with each unit. All you need to do is choose your tenants and start generating passive income.

Last Agent to Sell the Property

Jake Archibald

Keller Williams Realty Consultants License #RB16000727 Listed on: 03/14/2019

Keller Williams Realty Consultants

Co-Listed By

Mike Schoonover

License #RB14046191

Last Buyer's Agent

Lydia Parker

Keller Williams Realty Consultants License #RB17002132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,271

Year Built

  • Built in 1929

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 1,862 Sq Ft Home
  • 2-Story Property
  • Basement
  • Basement Cellar
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220502800362000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,271

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 84300
  • Additional Parking: Off Street
  • Annual Tax: 2271
  • Appointment: 24 Hour Notice
  • Construction: Existing, Frame On-Site
  • Foundation: Brick (Solid)
  • Land Assessment: 19200
  • Legal Description: P.13 L.91 & E 10' L.89 CONTRACT-MEADOWS, DAVID
  • Parcel Number: 220502800362000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 103500
  • Total Finished Square Footage: 1862
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1862.00
  • Appliances: Clothes Dryer, Clothes Washer, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Lot Sq Ft: 9583.20
  • Room Count: 10
  • Sewer Type: Sewer
  • Total Sq Ft: 1862
  • Total Rooms: 8

Utilities

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

Lot Info

  • Acres: 0.2200
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2020
Sold by
Lacefield Nicholas R
Bought by
Lacefield Nicholas R and Sananikone La
Current Estimated Value
$224,717

Purchase Details

Listed on
Mar 14, 2019
Closed on
May 21, 2019
Sold by
Vankirk Jeffery A
Bought by
Lacefield Nicholas R
Seller's Agent
Jake Archibald
Keller Williams Realty Consultants
Buyer's Agent
Lydia Parker
Keller Williams Realty Consultants
List Price
$134,900
Sold Price
$136,000
Premium/Discount to List
$1,100
0.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$102,000
Outstanding Balance
$90,047
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$134,670

Purchase Details

Closed on
Aug 25, 2008
Sold by
Nta Property Management Llc
Bought by
Vankirk Jeffery A
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
Lacefield Nicholas R -- Momentum Title
Lacefield Nicholas R -- None Available
Vankirk Jeffery A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lacefield Nicholas R $102,000
Closed Lacefield Nicholas R $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2019 05/21/19 Sold $136,000 +0.8% $73 / Sq Ft
03/24/2019 03/24/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $134,900 -- $72 / 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 $2,770 $155,400 $19,200 $136,200
2023 $2,770 $129,800 $19,200 $110,600
2022 $2,857 $133,800 $19,200 $114,600
2021 $2,503 $116,300 $19,200 $97,100
2020 $1,213 $116,300 $19,200 $97,100
2019 $1,070 $110,000 $19,200 $90,800
2018 $2,223 $102,400 $19,200 $83,200
2017 $2,270 $102,800 $19,200 $83,600
2016 $2,036 $101,800 $19,200 $82,600
2014 $1,876 $93,800 $19,200 $74,600
2013 -- $96,400 $19,200 $77,200
Source: Public Records

Agents Affiliated with this Home

  • Jake Archibald

    Seller's Agent in 2019

    Jake Archibald

    Keller Williams Realty Consultants

    (502) 645-6385

    3 in this area

    9 Total Sales

    Jake Archibald
    Section Image
  • Mike Schoonover

    Seller Co-Listing Agent in 2019

    Mike Schoonover

    (502) 526-7136

    20 in this area

    86 Total Sales

    Mike Schoonover
    Section Image

  • L

    Buyer's Agent in 2019

    Lydia Parker

    Keller Williams Realty Consultants

    Section Image
  • Amy Dixon

    Buyer Co-Listing Agent in 2019

    Amy Dixon

    Keller Williams Realty Consultants

    (812) 946-1228

    29 in this area

    146 Total Sales

    Amy Dixon
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201906413

Southern Indiana REALTORS® Association

APN: 22-05-02-800-362.000-008

Indiana Floyd County New Albany 47150

1612 Culbertson Ave, New Albany, IN

This home is located at 1612 Culbertson Ave, New Albany, IN 47150 since 14 March 2019 and is currently estimated at $224,717, approximately $120 per square foot. This property was built in 1929. 1612 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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