1113 Woodbourne Dr New Albany, IN 47150

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2 beds · 2 baths · 2,012 sq ft · Lot Size: 8,102 sq ft · Single Family Home
Est. Property Value: $250,850

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1113 Woodbourne Dr 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 1966 and is approximately 59 years old. The single family home spans 2012 sq ft with 2 bedrooms and 2 bathrooms and sits on a 8102 sq ft lot. According to public records, it was last sold in 2013 for $96,250 and has a tax-assessed value of $145,500, which is $125 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 1113 Woodbourne Dr New Albany, IN 47150 with Property Intel by Whitepages.

Owners & Occupancy for 1113 Woodbourne Dr

This property is owned by Brandon Michael Stumler. Owner contact information includes 4 phone numbers and 5 email addresses.

Property Owners

OccupationDirector of Shipping & Receiving, Progressive Materials
Cell Phone(502) ***-****View Cell Phone
Residence**************
Landline(812) 923-8917
Distance from Property**********
Email Address************@aol.comView Email
Cell Phone(502) ***-****View Cell Phone
Residence**************
Landline
Distance from Property**********
Email Address**************@gmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1********************* age 34
Resident 2*********************** age 34
Resident 3**************

Property Financials for 1113 Woodbourne Dr

1113 Woodbourne Dr, New Albany, IN has a mortgage (orig. April 03, 2018). The Floyd county assessment for 2023 values it at $145,500, with annual taxes of $1,534.

Mortgage & Equity Information

Loan Amount$******
Origination DateApril 03, 2018
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date************
Equity View Equity

Property Tax

Purchase DateSeptember 17, 2013
Property Tax Amount$1,534 in 2023
Purchase Price$96,250
Assessed Value$145,500 on 2023

Investment Potential for 1113 Woodbourne Dr

The property has a current estimated value of $250,850, which is 48% above the zip median, based on public records. It last sold on September 17, 2013 for $96.3K. Projected long-term
is $19,200 annually ($1,600 per month) with a 87% occupancy rate.

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Long-Term

Gross Rental
$19,200 per year($1,600 per month)
Net Operating Income
Cap Rate
Occupancy Rate
87%in 47150 zip code
 
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Property Details for 1113 Woodbourne Dr

Property Details

Property Sq Ft

Living Area

2,012 sq ft

88% above market

Lot Size

8,102 sq ft

27% above market

Price Per Sq Ft

Living Area

$125 / sq ft

20% below market

Lot Size Area

$31 / sq ft

16% above market

Property condition, age, exterior, etc. for 1113 Woodb…
Longitude: -85.808506 Latitude: 38.322545 Parcel Number (APN): 22-05-04-301-599.000-008…

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Discover more single family homes near 1113 Woodbourne Dr 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.

Market Benchmarks

Compare data for 1113 Woodbourne Dr in Floyd County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$250,850
$135,098
$115,752 (86%)
$216,418
$146,522 (68%)
YoY Price Change
5.26%
-191%
Year Built
1966
1947
19 years
Living Space
2,012 sq ft
1,104 sq ft
908 (82%)
$ Per Living Sq Ft
$125
$120
$5 (4%)
Lot Size
8,102 sq ft
8,260 sq ft
-158 (-2%)
$ Per Lot Sq Ft
$31
$14
$17 (121%)

Net Operating Income
$13,906
-$633 (-5%)
Annual Revenue
$19,200
$18,600
$600 (3%)
$4,331
$1,596 (37%)
Net Operating Income
$13,906
-$633 (-5%)
Cap Rate
10.27%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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