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New Albany, IN

New Albany, IN

location
47150
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Property Details

Bed/Bath
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3
bath icon
1
Square Feet
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903
ft2
Lot Size
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3,920
ft2
Year Built
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1929
Asking Price
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67000
Rehab Estimate
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This rehab estimate is provided by the seller and may not necessarily reflect the precise figure.
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52000
Closing Cost
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Closing Cost may vary based on the chosen closing company. The Seller will provide the final Closing Cost after the sale period.
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1500
Prosway Estimate
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This is Prosway’s own estimate based on our own studies. See Terms and Conditions for details.
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166000
Prosway Fee
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0
Rent Estimate
$1,395

Property Summary

Seller Summary

Excellent Flip Opportunity

3 Bed / 1 Bath 903 Sqft built in 1926

Market rent is 1200

ARV is 165000

Based on these comps

1) 2009 Culbertson Avenue in New Albany, IN, 47150 is a renovated 1075 SqFt, 3 Bed / 1 Bath that sold for $178,000 on 2/22/2024 ($165.58 per SqFt)

2) 339 Jay Street in New Albany, IN, 47150 is a renovated 916 SqFt, 3 Bed / 1 Bath that sold for $145,000 on 7/11/2024 ($158.3 per SqFt)

3) 1804 Culbertson Avenue in New Albany, IN, 47150 is a renovated 1084 SqFt, 2 Bed / 2 Bath that sold for $163500 on 03/03/23 ($150.83 per SqFt) 


All information is provided by the seller and not provided by Prosway. Prosway assumes no responsibility for the verification or accuracy of the listing details.

Property Description

Seller Description

Roof Needs replaced - 20 years old

HVAC - Furnace is 3 years old but exterior unit works but should be updated

Flooring - Needs replaced, may have floor joist issue in the Living room evident from a slight tilt

Kitchen - needs full update

Bathroom - needs complete remodel

Windows - Need replaced

Foundation - Cement blocks and Crawl space, Front right corner needs attention

Water heater - replaced in 2020

Other conditions - Soft spots in the bathroom and part of the kitchen from water damage. Suggest minor subfloor replacement


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All information is provided by the seller and not provided by Prosway. Prosway assumes no responsibility for the verification or accuracy of the listing details.

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