NOT LISTED FOR SALE

916 Culbertson Ave New Albany, IN 47150

Estimated Value: $180,000 - $259,357

4 Beds
4 Baths
1,592 Sq Ft
$142/Sq Ft Est. Value

Last Sold September 27, 2012

Last sale price $26,000 $16 Per Sq Ft

Est. 770% increase in value since last sale

Current estimated payment $1,377/month

46 Days on Market

About This Home

As of September 2012

This 4 unit property offers money making potential! Each unit has a kitchen, living room,1 bedroom and 1 bath and off street parking. For the first 15 days of listing, seller will consider offers from owner occupants, government entities, and their partners. After 15 days, investor buyers will also be considered. This is a Fannie Mae HomePath property. Measurements and square footage approximate.

Last Listed By

Don Lincoln

Schuler Bauer Real Estate Services ERA Powered (N License #RB14031854 Listed on: 07/28/2012

Schuler Bauer Real Estate Services ERA Powered  (N

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 4,182 Sq Ft Lot
  • Lot Dimensions are 26 x 160

Home Design

  • Frame Construction

Interior Spaces

  • 1,592 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Space Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 220502800164000008

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 65700
  • Annual Tax: 1464
  • Appointment: Mandatory
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Deduction Type: Mortgage
  • Land Assessment: 7500
  • Legal Description: P. 13 W 26' L. 7
  • Lot Dimensions: 26 x 160
  • Parcel Number: 220502800164000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 73200
  • Total Deduction Amnt: 1500
  • Total Finished Square Footage: 1592
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: 20

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Partial
  • Above Grade Finished Sq Ft: 1592.00
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Lot Measurement: Acres
  • Lot Sq Ft: 4182.00
  • Room Count: 3
  • Sewer Type: Sewer
  • Total Sq Ft: 1592
  • Total Rooms: 3

Garage/Parking

  • Garage Spaces: 0

Utilities

  • Fuel Type: Nat Gas
  • Heat Type: Space
  • Water Type: Public Onsite

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.1000
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2012
Closed on
Sep 25, 2012
Sold by
Fannie Mae
Bought by
Meyco Inc and M&H Properties
Seller's Agent
Don Lincoln
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Tammy Hogan
Lopp Real Estate Brokers
List Price
$25,750
Sold Price
$26,000
Premium/Discount to List
$250
0.97%
Total Days on Market
46
Current Estimated Value
$226,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,089
Avg. Annual Appreciation
15.86%

Purchase Details

Closed on
Jun 12, 2012
Sold by
Brockman Ricky A
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Jun 6, 2012
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 9, 2008
Sold by
Brockman Lorrei
Bought by
Brockman Ricky A

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
Meyco Inc -- None Available
Bac Home Loans Servicing Lp $97,359 None Available
Federal National Mortgage Association -- --
Brockman Ricky A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brockman Ricky A $44,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2012 09/27/12 Sold $26,000 +1.0% $16 / Sq Ft
09/12/2012 09/12/12 Pending -- -- --
07/28/2012 07/28/12 For Sale $25,750 -- $16 / 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 $1,411 $74,400 $11,900 $62,500
2023 $1,411 $66,100 $11,900 $54,200
2022 $1,424 $66,700 $11,900 $54,800
2021 $1,345 $62,500 $11,900 $50,600
2020 $1,235 $57,300 $11,900 $45,400
2019 $1,141 $52,900 $11,900 $41,000
2018 $1,137 $52,400 $11,900 $40,500
2017 $1,164 $52,700 $11,900 $40,800
2016 $1,044 $52,200 $11,900 $40,300
2014 $914 $45,700 $11,900 $33,800
2013 -- $44,600 $11,900 $32,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201205264

Southern Indiana REALTORS® Association

APN: 22-05-02-800-164.000-008