See Home Value
$205,324*
House - Off Market

1829 Culbertson Ave

New Albany, IN 47150
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1786 Sqft
$135,000 - $163,000
Reference Base Price*
36.97%
Since Sep 1, 2020
National-US
Primary Model
Sold Oct 01, 2020
$128,400
Sold Jul 23, 2019
Transfer

About This Property

Investor? Check out this income producing property near Mid-Town NEW ALBANY!  Wrap around porch adds to the curb appeal. Lots of homes recently renovated in this area, desirable location.  Classic 2 story home could work as single family, 2 Air BNBs or keep as duplex. Recent updates include both kitchens, both baths and prior owner stated roof was new in 2005. Windows have also been updated and hvac in good condition.  1st floor is 2b/1ba, has Central A/C and rents for $850/mo;;  2nd floor is 2b/1ba (it's a little smaller), has fresh paint, new flooring, 2 window a/c units and rents for $650/mo. BOTH ARE IN GOOD CONDITION and there are laundry hook-ups on both levels. Separate meters for ALL UTILITIES, renters pay all utilities.  Owner says they are excellent renters, both are month to month currently, but want to renew lease and stay. ***How about a FIRST TIME HOMEBUYER??  You could live in one unit and rent the other unit to supplement your mortgage payment! This property should easily qualify for FHA 3.5% downpayment financing.  There is on street parking as well as off street parking via the alley behind.

The manager has listed the unit size as 1786 square feet.
Unit Size
1,786Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$84
Property Type
House
Property Taxes
$1,242
HOA Dues
-
Year Built
1929

Price History

Date / Event Date Event Price
Aug 29, 2020 No longer available -
No longer available
Jul 24, 2020 Listed $149,900
Listed
Jun 30, 2019 No longer available -
No longer available
Jun 17, 2019 Listed $119,900
Listed
Wonderful opportunity to invest in a very walkable area of New Albany, full of convenient amenities at just ~$67/sq. foot! You have options here! You can : have 2 short term air bnb's, one long term, one short term, have a caregiver unit for a family member, owner occupy and live inexpensively or convert to a large single family residence. Great location to downtown New Albany. Home is walking distance to local schools. Hardwood floors in master bedroom and living room. One unit is on…

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Building Style: Duplex
  • 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: 3,485
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,786
  • Building Area: 1,786
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,786
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.08
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: P 466 L 9 BLK.19 .

Ownership

  • Current Owner : MIX JUSTIN
  • Previous Owner : TAPP JOSEPH
  • Previous Owner 2: TAPP LISA
  • Owner Before Previous Owner: ZURLAGE MEGAN MARIE
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: New Albany-Floyd County Consolidated Schools
  • Census Tract: 070302

Geography

  • Assessors Map Reference: 05-02-8E1-683
  • Account Number: 0087470009
  • District: 0005
  • Parcel: 22-05-02-802-226.000-008
  • Block: 19
  • Municipality: NEW ALBANY TOWNSHIP
  • Latitude: 38.2973
  • Longitude: -85.8067

    Address

  • Full Address: 1829 Culbertson Ave
  • Address - House Number: 1829
  • Address - Street Name: Culbertson
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: New Albany
  • Carrier Code: C016
  • 4-Digit Zip Code: 1703
  • Zip Code: 47150

Valuation

    Tax

  • Total Area: 1,786
  • Tax Year: 2023
  • Tax Amount: $2,811
  • Tax Rate Code Area: 8:NEW ALBA

    Appraisal Valuation

  • Standard Deviation: 0.2084
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 209,625
  • High Value: 253,314
  • Low Value: 165,937

    Market Valuation

  • Market Total Value: $131,700
  • Market Land Value: $9,900
  • Market Improvement Value: $121,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $131,700
  • Assessed Land Value: $9,900
  • Assessed Improvements Value: $121,800

    Sales

  • Current Sale Contract Date: Sep 29, 2020
  • Current Sale Recording Date: Oct 01, 2020
  • Current Sale Transaction ID: 11791753598
  • Current Sale Price: $128,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202015351
  • Previous Sale Recording Date: Jul 23, 2019
  • Previous Sale Contract Date: Jul 22, 2019
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Oct 01, 2020
  • First Mortgage Loan Amount: $102,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,732 ft²
$92/ft²
$160,000 Oct 31, 2023
-
$224/mo
House
2 Beds
1 Bath
930 ft²
$161/ft²
$149,900 Oct 30, 2023
-
$84/mo

About New Albany


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Frequently Asked Questions

When was property at 1829 Culbertson Avenue built and last sold?
The property at 1829 Culbertson Avenue was built in 1929 and last sold on Sep 29, 2020 for $128,400.
How much is this home worth?
The estimated value of the home located at 1829 Culbertson Avenue is $157,660.
What are some comparable homes to 1829 Culbertson Avenue?
There are currently no comparable homes to 1829 Culbertson Avenue.

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