Property Details
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This charming residential property, located at 2116 Reno Ave in New Albany, Indiana, boasts a lovely lot size of 7,841 square feet with a depth of 163 feet and a width of 48 feet. The 1,534 square foot living space was built in 1929 and features 3 bedrooms, 2 bathrooms, and 8 total rooms. With a central cooling and heating system, this home offers both comfort and convenience. Additionally, the property has a detached garage that measures 384 square feet. The market value of the home is $146,200, with improvements valued at $129,200 and land valued at $17,000. The last sale of this property occurred on April 23, 2018.
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In most states, the history of a loss of life in a home, no matter how it occurred, even violently, is not considered a "Material Fact" and it's not required to be disclosed. This history depending on the event, can decrease the home's value by 25% and increase its time to sell by up to 50% longer than comparable homes. Properties with such a history are referred to as Stigmatized Properties.Would you want to know stigmatized history of the property before you sign the contract?
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