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1525 Culbertson Avenue

1525 Culbertson Avenue, New Albany, IN 47150
House in New Albany
Sold Mar 29, 2021
$63,000
$50,400 by Commonwealth Bank & Trust
Mortgage Due Apr 01, 2036
1525 Culbertson Avenue in New Albany, IN was first built in 1929 and is 95 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1525 Culbertson Avenue has 1,020 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 2,962 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with metal control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as fair. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1525 Culbertson Avenue sold most recently in Mar 26, 2021 for a total of $63,000. If you work out the math, that's approximately a cost of $61.76 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,010 in taxes each year. 1525 Culbertson Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $47,300. If we break it down further, the land itself was valued at $9,400. Improvements to the property, however, were assessed at a total of $37,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

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
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Metal
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,962
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,020
  • Building Area: 1,020
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,020
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.068
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P. 13 W 1/2 L.86 1525 CULBERTSON

Ownership

  • Current Owner : KEENAN NICHOLAS C
  • Current Owner 2: KEENAN OLIVIA R
  • Previous Owner : LUKEMEIER MARY E
  • Previous Owner 2: LUKEMEIER LOUIS H

Neighborhood

  • School District Name: New Albany-Floyd County Consolidated Schools
  • Census Tract: 070400

Geography

  • Assessors Map Reference: 05-02-8E4-086
  • Account Number: 0086840065
  • District: 0005
  • Parcel: 22-05-02-800-371.000-008
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.295
  • Longitude: -85.8109

    Address

  • Full Address: 1525 Culbertson Ave
  • Address - House Number: 1525
  • Address - Street Name: Culbertson
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: New Albany
  • Carrier Code: C045
  • 4-Digit Zip Code: 3015
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 1,020
  • Tax Year: 2023
  • Tax Amount: $1,010
  • Tax Rate Code Area: 8:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.2635
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 145,505
  • High Value: 183,859
  • Low Value: 107,151

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,400
  • First Open Lien Mortgage Lender: COMMONWEALTH BANK & TRUST
  • First Open Lien Mortgage Recording Date: Mar 29, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $50,400
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2036

    Market Valuation

  • Market Total Value: $47,300
  • Market Land Value: $9,400
  • Market Improvement Value: $37,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,300
  • Assessed Land Value: $9,400
  • Assessed Improvements Value: $37,900

    Sales

  • Current Sale Contract Date: Mar 26, 2021
  • Current Sale Recording Date: Mar 29, 2021
  • Current Sale Transaction ID: 11828938258
  • Current Sale Price: $63,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202105116

    Last Sale Mortgage

  • First Mortgage Lender: COMMONWEALTH BANK & TRUST
  • First Mortgage Transaction Date: Mar 29, 2021
  • First Mortgage Loan Amount: $50,400
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2036

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1525 Culbertson Avenue located in?
The 1525 Culbertson Avenue is a house located in the neighborhood of New Albany in New Albany, New Albany.
What is the average sales price for listings in 1525 Culbertson Avenue?
The average sales price for units in 1525 Culbertson Avenue is $0 currently.

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