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1601 Culbertson Avenue

1601 Culbertson Avenue, New Albany, IN 47150
House in New Albany
Sold May 14, 2021
$159,200
$156,143 by Freedom Mortgage Corporationn
Mortgage Due Feb 01, 2052
Sold Jan 05, 2010
$243,200
$240,000 by First Savings Bank Fsb
Mortgage
1601 Culbertson Avenue has been categorized by the local assessors in New Albany, IN as a residential type of property. The building on the property was first built in 1929 and is 95 years old. However, we must point out that the home was most recently renovated and altered in 1975. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1601 Culbertson Avenue has 1,440 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,962 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in May 12, 2021 for $159,200. That's $110.56 per sqft. Prior to that sales transaction, the property was also sold in Dec 23, 2009 for $243,200. 1601 Culbertson Avenue was last assessed in 2023. The total value of the property was assessed at $130,200. Specifically, the land the property is located on was valued at $9,400. While improvements on the property were assessed at a total of $120,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,361. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 1975
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,962
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,440
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: UPPER OAK STREET
  • Land Acres: 0.068
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT 13 E 25' LOT 86 1601 CULBERTSON AVE.

Ownership

  • Current Owner : SHIRRELL RAGAN
  • Previous Owner : COAKLEY DON E
  • Owner Before Previous Owner: FIRST SAVINGS BANK FSB
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

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

Geography

  • Assessors Map Reference: 05-02-8E4-087
  • Account Number: 0086840066
  • District: 0005
  • Parcel: 22-05-02-800-370.000-008
  • Lot: 86
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.295
  • Longitude: -85.8108

    Address

  • Full Address: 1601 Culbertson Ave
  • Address - House Number: 1601
  • Address - Street Name: Culbertson
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: New Albany
  • Carrier Code: C045
  • 4-Digit Zip Code: 3017
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 1,440
  • Tax Year: 2023
  • Tax Amount: $1,361
  • Tax Rate Code Area: 8:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.2635
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 226,321
  • High Value: 285,978
  • Low Value: 166,665

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $156,143
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORPORATIONN
  • First Open Lien Mortgage Recording Date: Jan 20, 2022
  • First Open Lien Mortgage Loan Amount: $156,143
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $130,200
  • Market Land Value: $9,400
  • Market Improvement Value: $120,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,200
  • Assessed Land Value: $9,400
  • Assessed Improvements Value: $120,800

    Sales

  • Current Sale Contract Date: May 12, 2021
  • Current Sale Recording Date: May 14, 2021
  • Current Sale Transaction ID: 11836043314
  • Current Sale Price: $159,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202107858
  • Previous Sale Recording Date: Jan 05, 2010
  • Previous Sale Contract Date: Dec 23, 2009
  • Previous Sale Amount: $243,200
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED FINANCIAL MORTGAGE CORP
  • First Mortgage Transaction Date: May 14, 2021
  • First Mortgage Loan Amount: $157,102
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST SAVINGS BANK FSB
  • Previous Mortgage Transaction Date: Jan 05, 2010
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $240,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

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Frequently Asked Questions

What neighborhood is 1601 Culbertson Avenue located in?
The 1601 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 1601 Culbertson Avenue?
The average sales price for units in 1601 Culbertson Avenue is $0 currently.

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