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    1712 Genung Dr, Unit 1A New Albany, IN 47150-3767

    • Residential income homes
    • 1,029 SF
    • 2.04 lot acres
    OFF-MARKET
    Value Estimation
    $1,845,000
    Last Sale
    Jul 09, 2024
    $1,864,145
    Location Intelligence
    Property ID
    US31-1578766
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • St. Charles Place / Apartment Building

    Property Details for 1712 Genung Dr

    Year built
    1986
    Construction
    WOOD
    Lot size
    2.04 lot acres
    Property size
    1,029 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    22-05-04-300-271.041-008
    APU
    220504300271041008

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,865,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,990,000
      6.5%
      $1,920,000
      7%
      $1,835,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,565,000
      Geo Method
      $1,680,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,930,000
      Retail
      $1,730,000
      Mixed-Use
      $1,710,000
      Hospitality
      $2,055,000
      Educational
      $2,110,000
      Residential Income
      $2,130,000
      Energy
      $1,875,000
      Income-Based Land
      $1,940,000
      Food Service
      $1,730,000

    Location Insight

    • Map
    • Local Demand
    City
    New Albany
    County
    Floyd
    State
    Indiana
    Longitude
    -85.8064
    Latitude
    38.3148
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,775
    $6,100
    $27,900
    $34,000
    -
    $6,100
    $27,900
    $34,000

    Comparable in this City

    • Value Estimation
      $325,000
      10,750 SF

      207 Main St

      APARTMENT HOUSE (UNDER 5 UNITS) • 10,750 SF
      207 Main St, New Albany, IN 47150-5893
      View Details
    • Value Estimation
      $385,000
      4,958 SF

      404 Main St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,958 SF
      404 Main St, New Albany, IN 47150-5823
      View Details
    • Value Estimation by Request
      4,512 SF

      4003 Grn Vly Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,512 SF
      4003 Grn Vly Rd, New Albany, IN 47150-4263
      View Details
    • Value Estimation by Request
      8,448 SF

      Plz Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 8,448 SF
      Plz Dr, New Albany, IN 47150
      View Details
    • Value Estimation
      $335,000
      3,100 SF

      1811 Spg St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,100 SF
      1811 Spg St, New Albany, IN 47150-1607
      View Details
    • Value Estimation
      $300,000
      3,564 SF

      1201 Dewey St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,564 SF
      1201 Dewey St, New Albany, IN 47150-5864
      View Details

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    New Albany, IN 47150-3767
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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