1113 Culbertson Avenue, New Albany, IN, 47150
About This Home
This income-producing 2-bedroom, 1-bath renovated home is located in the heart of downtown New Albany, just minutes from the area’s eclectic shops, restaurants, and local coffee shops. The property features recent updates from 2021, including a renovated bathroom, updated kitchen, and new flooring, making it an attractive and low-maintenance option for investors or homeowners alike. Currently generating rent on a month-to-month lease, this home presents a great opportunity for investors seeking a buy and hold, or buyers looking for a centrally located property with income potential.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1929
Materials
- Foundation: Block,Cellar
- Roof: Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Microwave,Oven,Range,Refrigerator,Washer
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Eat-in Kitchen,Mud Room,Utility Room
- Number of fireplaces: 1
- Fireplace features: Decorative
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 1,024
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,024
- Total interior livable area: 1,024 sqft
Property
Details
- Parcel number: 220502800188000
Lot
- Lot size: 2,962 sqft
Parking
- Parking features: Off Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Strong Wind
- Tornado
- Winter Weather
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $803 | $9,636 |
| Home Insurance * | $98 | $1,176 |
| Property Taxes | $269 | $3,228 |
| Electricity | $184 | $2,212 |
| Total | $1,354 | $16,248 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-07 | Listed for sale | $165,000 |
| 2021-04-28 | Listing removed | -- |
| 2021-04-13 | Listed for rent | $1,200 |
| 2021-02-25 | Listing removed | -- |
| 2021-01-25 | Listed for rent | $1,200 |
| 2020-07-15 | Sold | $48,000 |
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