Investment Potential for 606 Nelson Ave

The property has a current estimated value of $291,059, which is 28% above the zip median. Projected long-term rental income is $25,200 annually ($2,100 per month) with a 87% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$291K

($279K - $303K)

28% above zip median

5-Year Forecast
5-year appreciation
This is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and historical market data. Actual appreciation of a property can differ materially for a variety of reasons. Learn More.

$******

View Forecast

Discover more Single Family Homes in 47150.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$25,200 per year($2,100 per month)

$****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

87%in 47150 zip code

View Rental Potential

Owners & Occupancy for 606 Nelson Ave

This property is owned by Kathryn L Sever. Owner contact information includes 5 phone numbers and 2 email addresses.

Occupancy

*****

View Occupancy

Number of Owners

2

Number of Residents

2

Property Owners

Kathryn L Sever, age **

Cell Phone	(973) *-**View Cell Phone
Residence	**************
Landline	(812) 945-9184
Distance from Property	**********
Email Address	****@twc.comView Email

Property Ownership Information

Property Tax Amount

$2,308 in 2023

Occupancy

Current Occupancy	*****View Occupancy
Resident 1	************** age 84
Resident 2	*************** age 86

Property Details for 606 Nelson Ave

Estimated Mortgage Balance

$********

View Mortgage Info

Estimated Equity

Property Age

18 years

(Remodeled 2007)

38 years newer than zip median

Property Details

Property Sq Ft

Living Area

1,958 sq ft

34% above market

Lot Size

7,231 sq ft

28% below market

Price Per Sq Ft

Living Area

$149 / sq ft

5% below market

Lot Size Area

$40 / sq ft

70% above market

Property Information

Property condition, age, exterior, etc. for 606 Nelson…

Land & Location Information

Longitude: -85.823839 Latitude: 38.312806 Parcel Number (APN): 22-05-02-600-186.001-008…

Mortgage & Equity Information

Mortgage originated on through lender: UNKNOWN for$******View Mortgage Details

Recommended Properties in 47150

Discover more single family homes near 606 Nelson Ave in New Albany, Indiana. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Owner Age 35 - 45
$292K - $313K
Est. Value
1004 Castlewood Dr, New Albany, IN 47150
4 beds · 2 baths · 2,135 sq ft · Last Sold: $143,721 in 2012 · Built: 1968
High Demand Long-Term Rental
$142K - $160K
Est. Value
1816 E Oak St, New Albany, IN 47150
3 beds · 1 baths · 1,346 sq ft · Built: 1926
Good value per sqft
$120K - $133K
Est. Value
106 Estelle Ave, New Albany, IN 47150
2 beds · 1 baths · 1,088 sq ft · Last Sold: $99,348 in 2018 · Built: 1929
Large Lot Advantage
$125K - $138K
Est. Value
3949 Booker Ave, New Albany, IN 47150
2 beds · 1 baths · 2,000 sq ft · Built: 1997
High Demand Long-Term Rental
$133K - $147K
Est. Value
723 Lincoln St, New Albany, IN 47150
3 beds · 1 baths · 870 sq ft · Last Sold: $70,000 in 2019 · Built: 1950
Good value per sqft
$224K - $250K
Est. Value
2101 E Elm St, New Albany, IN 47150
3 beds · 2 baths · 2,272 sq ft · Built: 1929
Valued below Market Median
$182K - $199K
Est. Value
2606 W Robin Rd, New Albany, IN 47150
3 beds · 1 baths · 1,134 sq ft · Last Sold: $168,589 in 2021 · Built: 1955
Owner Age 45 - 55
$172K - $199K
Est. Value
1324 Vance Ave, New Albany, IN 47150
2 beds · 1 baths · 1,026 sq ft · Built: 1960
Valued above Market Median
$12.1K - $13.4K
Est. Value
1639 Old Ford Rd, New Albany, IN 47150
Valued below Market Median
$171K - $183K
Est. Value
2806 Wahoo Dr, New Albany, IN 47150
3 beds · 1 baths · 864 sq ft · Built: 1965
Valued above Market Median
$123K - $136K
Est. Value
3264 Budd Rd, New Albany, IN 47150
6,244 sq ft · Built: 1968
Owned for Less Than 5 Years
$220K - $237K
Est. Value
3813 Wayne St, New Albany, IN 47150
3 beds · 2 baths · 1,502 sq ft · Last Sold: $241,656 in 2023 · Built: 2008
Good value per sqft
$132K - $145K
Est. Value
4690 Ross Hollow Rd, New Albany, IN 47150
2 beds · 1 baths · 1,392 sq ft · Built: 1988
Owned for 5 - 10 Years
$233K - $252K
Est. Value
1826 Old Hickory Ct, New Albany, IN 47150
3 beds · 2 baths · 1,136 sq ft · Last Sold: $146,900 in 2019 · Built: 1991
Large Lot Advantage
$224K - $260K
Est. Value
487 Clara Lee Ct, New Albany, IN 47150
3 beds · 2 baths · 1,470 sq ft · Last Sold: $244,000 in 2020 · Built: 2015
High Demand Long-Term Rental
$198K - $217K
Est. Value
512 Diehlman Dr, New Albany, IN 47150
3 beds · 1 baths · 1,044 sq ft · Last Sold: $130,000 in 2020 · Built: 1989
Valued below Market Median
$375 - $415
Est. Value
1809 Hornung Hill Dr, New Albany, IN 47150
High Demand Long-Term Rental
$128K - $144K
Est. Value
2018 E Oak St, New Albany, IN 47150
3 beds · 1 baths · 2,112 sq ft · Last Sold: $94,750 in 2018 · Built: 1929
Owned for Less Than 5 Years
$346K - $382K
Est. Value
1105 Chapel Creek Trl, New Albany, IN 47150
3 beds · 2 baths · 2,413 sq ft · Last Sold: $425,000 in 2021 · Built: 1997
Owner Age 55 - 65
$244K - $282K
Est. Value
3910 Brookside Dr, New Albany, IN 47150
3 beds · 1 baths · 1,230 sq ft · Built: 1960

Market Benchmarks

Compare data for 606 Nelson Ave in Floyd County to the median in the zip code area and surrounding markets, where available.

View zip code benchmarks

Property

Zip

Difference

State

Difference

$291,059

$227,990

$63,069 (28%)

$209,373

$81,686 (39%)

$******

$********

$***** (****%)

$300,179

$120,938 (40%)

YoY Price Change

****%

3.01%

-20%

Year Built

2007

1969

38 years

1972

35 years

Living Space

1,958 sq ft

1,457 sq ft

501 (34%)

1,582 sq ft

376 (24%)

$ Per Living Sq Ft

$149

$156

-$7 (-5%)

$133

$15 (12%)

Lot Size

7,231 sq ft

9,975 sq ft

-2744 (-28%)

12,807 sq ft

-5576 (-44%)

$ Per Lot Sq Ft

$40

$24

$17 (70%)

$15

$25 (162%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$*******

$**** (****%)

$17,636

-$236 (-1%)

Annual Revenue

$25,200

$21,000

$4,200 (20%)

$24,600

$600 (2%)

$****

$**** (****%)

$6,411

$1,389 (22%)

Net Operating Income

$*****

$*******

$**** (****%)

$17,636

-$236 (-1%)

Cap Rate

****%

—

8.22%

—

View Zip code Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Property Condition	*******View Condition
Property Type	Single Family Home
Total Bedrooms	3
Total Bathrooms	2.5
Year Built	2007
Building Sq Ft	1,958 sq ft
Lot Size	0 Acres
Living Space	1,958 sq ft
Basement	1,317 sq ft
Basement Type	Finished
Heating / Fuel	Warm Air
Air Conditioning	Central A/C
Roof Covering	Asphalt Shingle
Garage	Garage
Sewer	Public

Loan Amount	$******
Origination Date	March 01, 2021
Interest Rate	****%
Term	20 Years
Rate Type	Fixed
Est Balance	$********
Due Date	**************
Equity	View Equity

Occupation	Project Manager Engineer, Saic
Cell Phone	(703) *-**View Cell Phone
Residence	**************
Landline	(812) 945-9184
Distance from Property	**********
Email Address	*******@saic.comView Email

APN	22-05-02-600-186.001-008
Census Tract	0708021002
Municipality	New Albany Twp
County	Floyd
Neighborhood	47150
Longitude / Latitude	-85.823839 / 38.312806
Lot Size	7,231 sq ft

Est. Value	$291,059
Price / Sq Ft	$149
Est. Rent/mo	$2,100
Occupancy	*****
Equity	$****/**%

606 Nelson Ave New Albany, IN 47150

property value

$291,059

market valuation

$227,990

market valuation

$218,114

Meet Landon BETA

Hi, I'm Landon!

investment intelligence

Investment Potential for 606 Nelson Ave

property appreciation

property value

$291K

($279K - $303K)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 606 Nelson Ave

Occupancy

Number of Owners

2

Number of Residents

2

Property Owners

Kathryn L Sever, age **

Melvin E Sever, age **

Property Ownership Information

Occupancy

Property Details for 606 Nelson Ave

Estimated Mortgage Balance

Estimated Equity

$******

Property Age

18 years

(Remodeled 2007)

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Mortgage & Equity Information

Recommended Properties in 47150

$292K - $313K

Est. Value

1004 Castlewood Dr, New Albany, IN 47150

4 beds · 2 baths · 2,135 sq ft · Last Sold: $143,721 in 2012 · Built: 1968

$142K - $160K

Est. Value

1816 E Oak St, New Albany, IN 47150

3 beds · 1 baths · 1,346 sq ft · Built: 1926

$120K - $133K

Est. Value

106 Estelle Ave, New Albany, IN 47150

2 beds · 1 baths · 1,088 sq ft · Last Sold: $99,348 in 2018 · Built: 1929

$125K - $138K

Est. Value

3949 Booker Ave, New Albany, IN 47150

2 beds · 1 baths · 2,000 sq ft · Built: 1997

$133K - $147K

Est. Value

723 Lincoln St, New Albany, IN 47150

3 beds · 1 baths · 870 sq ft · Last Sold: $70,000 in 2019 · Built: 1950

$224K - $250K

Est. Value

2101 E Elm St, New Albany, IN 47150

3 beds · 2 baths · 2,272 sq ft · Built: 1929

$182K - $199K

Est. Value

2606 W Robin Rd, New Albany, IN 47150

3 beds · 1 baths · 1,134 sq ft · Last Sold: $168,589 in 2021 · Built: 1955

$172K - $199K

Est. Value

1324 Vance Ave, New Albany, IN 47150

2 beds · 1 baths · 1,026 sq ft · Built: 1960

$12.1K - $13.4K