2110 Wood Ave New Albany, IN 47150

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2 beds · 1 bath · 864 sq ft · Lot Size: 10,585 sq ft · Single Family Home
Est. Property Value: $137,484

High Demand Long-Term RentalValued below Market MedianLarge Lot AdvantageOwner Age 55 - 65

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2110 Wood Ave is in the 47150 neighborhood of New Albany, IN. It is located in Floyd County and ZIP code 47150. This Single Family Home was built in 1950 and is approximately 75 years old. The single family home spans 864 sq ft with 2 bedrooms and 1 bathroom and sits on a 10585 sq ft lot. According to public records, it has a tax-assessed value of $121,800, which is $159 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 2110 Wood Ave New Albany, IN 47150 with Property Intel by Whitepages.

Owners & Occupancy for 2110 Wood Ave

This property is owned by Rhonda M Felix. Owner contact information includes 2 phone numbers and 2 email addresses.

Property Owners

Cell Phone(812) ***-****View Cell Phone
Residence**************
Landline(812) 944-9870
Distance from Property**********
Email Address************@webtv.netView Email
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Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 62

Property Financials for 2110 Wood Ave

2110 Wood Ave, New Albany, IN has no known mortgage. The Floyd county assessment for 2023 values it at $121,800, with annual taxes of $1,203.

Property Tax

Property Tax Amount$1,203 in 2023
Assessed Value$121,800 on 2023

Investment Potential for 2110 Wood Ave

The property has a current estimated value of $137,484, which is 19% below the zip median. Projected long-term rental income is $18,000 annually ($1,500 per month) with a 87% occupancy rate.

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Long-Term

Gross Rental
$18,000 per year($1,500 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
87%in 47150 zip code
 
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Property Details for 2110 Wood Ave

Property Details

Property Sq Ft

Living Area

864 sq ft

19% below market

Lot Size

10,585 sq ft

66% above market

Price Per Sq Ft

Living Area

$159 / sq ft

2% above market

Lot Size Area

$13 / sq ft

51% below market

Property condition, age, exterior, etc. for 2110 Wood …
Longitude: -85.80785 Latitude: 38.306476 Parcel Number (APN): 22-05-02-900-503.000-008…

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Market Benchmarks

Compare data for 2110 Wood Ave in Floyd County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$137,484
$135,098
$2,386 (2%)
$******
$216,418
-$17,501 (-8%)
YoY Price Change
****%
5.26%
-102%
Year Built
1950
1947
3 years
Living Space
864 sq ft
1,104 sq ft
-240 (-22%)
$ Per Living Sq Ft
$159
$120
$40 (33%)
Lot Size
10,585 sq ft
8,260 sq ft
2325 (28%)
$ Per Lot Sq Ft
$13
$14
-$1 (-7%)

Net Operating Income
$*****
$13,906
-$526 (-4%)
Annual Revenue
$18,000
$18,600
-$600 (-3%)
$****
$4,331
$289 (7%)
Net Operating Income
$*****
$13,906
-$526 (-4%)
Cap Rate
****%
10.27%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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