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Sold for $75,000
    • $75,000

    1519 Culbertson Avenue, New Albany, IN 47150

    1beds
    880sqft
    Single Family Residence
    Built in 1929
    2,962 Square Feet Lot
    $81,500 Zestimate®
    $85/sqft
    $977 Estimated rent

    Home value

    $81,500

    $66,000 - $100,000

    $977/mo

    Zestimate® history
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    $977/mo

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    What's special

    Covered front porch
    This cozy 1-bedroom, 1 bathroom home is a fantastic opportunity for investors seeking a steady, long-term income steam. Situated in the heart of New Albany, this property comes with loyal tenants who have called it home for 30 years, ensuring immediate rental income upon purchase. Key Features: * Cute front porch perfect for relaxing afternoons. * A fenced backyard offering privacy and plenty of outdoor space - wooden arbor swing included. * Recently updated systems: a 2-year-old water heater and HVAC system provide peace of mind and reduced maintenance costs. * Listed at just $99,000.00, this home is an affordable investment with solid potential. Located in a vibrant area of New Albany, this property offers easy access to local amenities, schools, and parks, making it an attractive rental option for years to come. Don't miss this rare chance to own a property with established tenants and a proven rental history. Message me today to schedule a showing or for more details. Sq ft & rm sz approx.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rebecca Brashear,

    Schuler Bauer Real Estate Services ERA Powered (N

    Bought with:

    Charity Porcius, RB24000171

    Starlight Real Estate

    Source: SIRA,MLS#: 2024011446MLS LogoOriginating MLS: Southern Indiana REALTORS Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Bonus Room
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Range
    • Laundry: Main Level, Other
    Features
    • Ceramic Bath
    • Basement: Crawl Space
    • Has fireplace: No
    Interior area
    • Total structure area: 880
    • Total interior livable area: 880 sqft
    • Finished area above ground: 880
    • Finished area below ground: 0

    Property

    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Porch
    • Exterior features: Fence, Porch
    • Fencing: Yard Fenced
    Lot
    • Size: 2,962 Square Feet
    Details
    • Additional structures: Shed(s)
    • Parcel number: 220502800375000008
    • Zoning: Residential
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: One Story
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Crawlspace
    • Roof: Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1929

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Connected, Public

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: New Albany

    Financial & listing details

    • Price per square foot: $85/sqft
    • Tax assessed value: $58,100
    • Annual tax amount: $940
    • Date on market: 10/10/2024
    • Cumulative days on market: 118 days
    • Listing terms: Cash,Conventional,FHA
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/5/2025Sold$75,000-24.2%$85/sqft
    Source: SIRA #2024011446 Report a problem
    1/27/2025Pending sale$99,000$113/sqft
    Source: SIRA #2024011446 Report a problem
    12/2/2024Price change$99,000-13.9%$113/sqft
    Source: SIRA #2024011446 Report a problem
    11/26/2024Pending sale$115,000$131/sqft
    Source: SIRA #2024011446 Report a problem
    10/11/2024Listed for sale$115,000$131/sqft
    Source: SIRA #2024011446 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,104 +17.5%$58,100 +11.7%
    2024$940 -2.8%$52,000 +18.2%
    2023$967 +12.8%$44,000 -2.9%
    2022$857 +2.9%$45,300 +13.8%
    2021$833 +5.1%$39,800 +3.1%
    2020$792 +5.7%$38,600 +5.2%
    2019$749 -34.2%$36,700 +6.4%
    2018$1,139 +49.4%$34,500
    2017$763 +19%$34,500 +0.9%
    2016$641 $34,200 +8.2%
    2014$641 +1.3%$31,600 -2.8%
    2013$633 -3.6%$32,500 -0.9%
    2012$657 +13.1%$32,800 +13.1%
    2011$581 +0.4%$29,000 +0.3%
    2010$578 +4.7%$28,900 +4.7%
    2009$552 $27,600
    Find assessor info on the county website

    Neighborhood: Midtown

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