NOT LISTED FOR SALE

1619 Culbertson Ave New Albany, IN 47150

Estimated Value: $120,000 - $161,000

2 Beds
1 Bath
1,148 Sq Ft
$129/Sq Ft Est. Value

Last Sold January 18, 2013

Last sale price $16,250 $14 Per Sq Ft

Est. 812% increase in value since last sale

Current estimated payment $862/month

33 Days on Market

Highlights

  • Fenced Yard
  • Porch
  • 1-Story Property
  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of January 2013

Original antique doors on front of home, covered porch, fenced yard, detached garage built in 1985. First look initiative for first 15 days on market, seller will consider offers from owner occupied purchasers &/or public entities & their partners. This property is eligible under the Freddie Mac First Look Initative through 12/12/12. After 15 days on market, seller will consider offers from investor purchasers. All offers must be submitted with proof of funds if cash & prequalification letter if financing. $500 minimum earnest deposit. CERTIFIED FUNDS & AS IS ADDENDUM to be part of final contract. Sq ft & rm sz approx.

Last Listed By

Rhonda Jewell

Schuler Bauer Real Estate Services ERA Powered (N License #RB14051201 Listed on: 11/25/2012

Schuler Bauer Real Estate Services ERA Powered  (N

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50 x 120
  • Fenced Yard

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • 2 Bedrooms
  • 1,148 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Basement
  • Basement Cellar
  • Eat-In Kitchen

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 220502800328000008

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Improvements: 39900
  • Additional Parking: Off Street
  • Annual Tax: 1180
  • Appointment: Not Needed
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Land Assessment: 10000
  • Legal Description: P 13 E 50' L 96
  • Lot Dimensions: 50 x 120
  • Numof Fireplaces: 1
  • Parcel Number: 220502800328000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 49900
  • Total Finished Square Footage: 1148
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: 20

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1148.00
  • Basement: Yes
  • Total Bedrooms: 2
  • Fireplace: Woodburning
  • Interior Amenities: Eat-In Kitchen
  • Lot Measurement: Acres
  • Lot Sq Ft: 5663.00
  • Room Count: 5
  • Sewer Type: Sewer
  • Total Sq Ft: 1148
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Fenced Yard, Porch, Public Sidewalk

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.1300
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2012
Closed on
Jan 18, 2013
Sold by
Ghosh Michael
Bought by
Burgett John E
Seller's Agent
Rhonda Jewell
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Rhonda Jewell
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$19,900
Sold Price
$16,250
Premium/Discount to List
-$3,650
-18.34%
Total Days on Market
33
Current Estimated Value
$148,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,979
Avg. Annual Appreciation
20.07%

Purchase Details

Closed on
Oct 23, 2012
Sold by
Haydon Mark S
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 2, 2007
Sold by
Estate Of Vivian E Gumm
Bought by
Haydon Mark S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.42%
Mortgage Type
New Conventional

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
Burgett John E $16,300 --
Federal Home Loan Mortgage Corporation $61,500 None Available
Haydon Mark S $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgett John E $53,500
Previous Owner Haydon Mark S $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2013 01/18/13 Sold $16,250 -18.3% $14 / Sq Ft
12/28/2012 12/28/12 Pending -- -- --
11/25/2012 11/25/12 For Sale $19,900 -- $17 / 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 $437 $79,000 $15,000 $64,000
2023 $437 $67,000 $15,000 $52,000
2022 $488 $68,900 $15,000 $53,900
2021 $426 $60,400 $15,000 $45,400
2020 $414 $60,800 $15,000 $45,800
2019 $379 $57,600 $15,000 $42,600
2018 $354 $54,200 $15,000 $39,200
2017 $904 $54,200 $15,000 $39,200
2016 $584 $53,800 $15,000 $38,800
2014 $334 $48,900 $14,900 $34,000
2013 -- $68,700 $15,000 $53,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201207897

Southern Indiana REALTORS® Association

APN: 22-05-02-800-328.000-008