Check Availability
$740,000
House - For Sale

115 Union Street

New Albany, IN 47150
bedrooms
3 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
928 Sqft
$3,634
Estimated Monthly
$0
HOA / Fees

About This Property

These 7 houses could be a great addition to your portfolio. Southern Indiana has a strong rental market this could be a great opportunity to get into a growing market. New Albany has many new developments underway that continuously are improving the area. Because of this home values have increased in the area.

This portfolio consists of 6 houses in New Albany Indiana and one house in Jeffersonville Indiana. The current rent roll is $7,116 monthly with availability for a new owner to add value by raising rent or renovating and selling the property.

Most current tenants are on month-to-month leases allowing the new owner the flexibility to turn units quickly if desired.

Addresses Include;
115 Union St, New Albany, IN 47150
1340 Beeler St, New Albany, IN 47150
1611 King St, New Albany, IN 47150
1803 E. Market, New Albany, IN 47150
1806 Culbertson, New Albany, IN 47150
515 E. 7th St, New Albany, IN 47150
917 Watt St., Jeffersonville, IN 47130

The manager has listed the unit size as 928 square feet.
Unit Size
928Ft²
Days on Market
53 days
Land Size
0.08 acres
Price per sqft
$797
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1929
Listed By
Wesley Odle
Six Degrees Real Estate LLC
Last updated: 2 months ago (SIREAIN #202406370)

Price History

Date / Event Date Event Price
Mar 8, 2024 Listed by Venture Realty LLC $740,000
Listed by Venture Realty LLC

Property Highlights

Air Conditioning
Building Details
New Construction

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,572
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 300
  • Total Building Area: 928
  • Building Area: 928
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 928
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: UNION STREET 329
  • Land Acres: 0.082
  • Legal Description 1: P 329 L 25

Ownership

  • Current Owner : BLACKOAK EQUITY INVESTMENTS LLC
  • Previous Owner : HOMEWARD PROPERTIES LLC
  • Owner Before Previous Owner: ELITE ENTERPRISES LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: New Albany-Floyd County Consolidated Schools
  • Census Tract: 070700

Geography

  • Assessors Map Reference: 05-03-440-369
  • Account Number: 0088290025
  • District: 0005
  • Parcel: 22-05-03-401-667.000-008
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.294
  • Longitude: -85.8281

    Address

  • Full Address: 115 Union St
  • Address - House Number: 115
  • Address - Street Name: Union
  • Address - Suffix Type: St
  • State: IN
  • City Name: New Albany
  • Carrier Code: C010
  • 4-Digit Zip Code: 4725
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 928
  • Tax Year: 2023
  • Tax Amount: $836
  • Tax Rate Code Area: 8:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.2635
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 159,040
  • High Value: 200,962
  • Low Value: 117,118

    Market Valuation

  • Market Total Value: $38,500
  • Market Land Value: $7,400
  • Market Improvement Value: $31,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,500
  • Assessed Land Value: $7,400
  • Assessed Improvements Value: $31,100

    Sales

  • Current Sale Contract Date: Dec 31, 2021
  • Current Sale Recording Date: Jan 06, 2023
  • Current Sale Transaction ID: 11900440470
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 117
  • Previous Sale Recording Date: Oct 22, 2021
  • Previous Sale Contract Date: Oct 20, 2021
  • Previous Sale Amount: $1,714,284
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About New Albany


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2402 Stover Drive, New Albany, IN, 47150

$1,530 /mo

  • 3 Beds
  • 1 Bath
2402 Stover Drive, New Albany, IN, 47150 Listing by Teresa Lents
Unit for rent at 807 E. Main Street, New Albany, IN, 47150

$1,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
807 E. Main Street #807 E. Main Street Unit F, New Albany, IN, 47150 Listing by Sanctuary on Main Apartments - NOW LEASING!
Unit for rent at 2300 Frederick Ave., New Albany, IN, 47150

$1,550 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,152 ft²
2300 Frederick Ave. #2300 Frederick Ave., New Albany, IN, 47150 Listing by Manager


Frequently Asked Questions

When was property at 115 Union Street built and last sold?
The property at 115 Union Street was built in 1929 and last sold on Dec 31, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 115 Union Street is $718,298.
What are some comparable homes to 115 Union Street?
There are currently no comparable homes to 115 Union Street.

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