$158,726Average Value$93Average Price per Sq Ft6Homes For Sale
Albany offers laid-back living and access to coveted schools
Passing through Albany, Indiana, drivers recognize Dairy Dream's neon ice cream cone as an unmissable sign that the Ohio border is about 30 minutes away. However, travelers might be surprised to learn that this small community was once a natural gas boomtown. The gas supply was exhausted more than a hundred years ago, at which point the factories, businesses and luxury hotels started to close. Today, the town of 2,300 has a much slower pace of life, which Albany residents prefer. “We’re a small-town bedroom community. Most of the people who live here work out of town but choose Albany to reside in because we have a quiet community,” says Steve Hall, town council president and lifelong resident. “Our school corporation has a great reputation. We have people who move here because of the schools. It’s a great place to live and raise your kids.”
Albany attracts residents with quality schools and a laid back lifestyle.
Albany remembers its past with mural painted around town.
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Students can enter college as sophomores through the University of Delta High School
The well-regarded Delta Community School Corporation receives a B-plus from Niche. Albany Elementary School is in town and receives a B-plus, while Delta Middle School receives a B. College prep is a major focus in the district, so much so that A-minus Delta High School was rebranded as the University of Delta High School. “Our seniors can get two-plus years of college credit before they graduate,” says Hall, who also served as district superintendent. “We are chartered through the University of Indianapolis. It’s different from AP [Advanced Placement] because, after taking the AP course, students have to take the AP test, but our teachers are certified, so once students pass the class, the credit is available at about any college in the state.”
Delta High School includes a comprehensive college-readiness program.
The Albany Elementary School building is undergoing a major renovation.
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Single-family homes from the 1800s and new subdivisions
Albany has a mix of home styles and prices, ranging from late-19th-century farmhouses to midcentury ranch-style homes and new builds in subdivisions on the outskirts of town. Small three-bedroom cottages, bungalows and ranch-style homes range from $70,000 to $130,000, while larger renovated homes run from $140,000 to $300,000. New builds and homes in subdivisions like On The Fairways, a golf course community, can cost between $300,000 and $450,000. Overall, the median home price is about $170,000, though rehabs and fixer-uppers can cost between $10,000 and $60,000.
Homes in Albany sit on modest lots with plenty of grass.
Larger homes in Albany include multi-story tudor influenced homes.
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Nostalgic local businesses and new commercial growth
Albany’s downtown is tucked away on State Route 28. “What you see on Walnut Street is probably only half of what we have,” Hall says. “We have a vibrant downtown area with about 50 shops and stores that people can come and visit. We have an old-time hardware store where you go in, and it has wooden floors, and the owner waits on you. A lot of people still like to do that instead of going to the big-box stores.” Dairy Dream is an Albany mainstay on State Route 67. Once the nostalgic ice cream shop opens for the season, sweet tooths are willing to wait in long lines down the highway. But those looking for a sweet fix can also get a cool treat at Iceburg Ice Cream.
“In recent years, we’ve started to grow,” Hall says. “In the last two years, we’ve added — and for most big towns, this isn’t a big deal, but it is for us — we have a Taco Bell, we have a Casey’s that’s being built, and we have a new Dollar General.” Minars Market IGA is an independent grocery store with fresh cuts of meat and produce. If residents can’t find it in town, most head about 10 miles to Muncie for retail shopping, restaurants and grocery stores.
Dairy Dream has been a staple of the Albany community since 1953.
Contractors find what they need at Albany Hardware.
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Wildcat Park has a splash pad and an amphitheater
“Going back a few years, we had a vision of what we’d like to see happen in town, and one of the things our residents talked about was parks and rec, having something for the kids,” Hall says. With the help of a land donation from the school district, the town transformed a former ball field into Wildcat Park. “We put in a splash pad and new pickleball courts, and this summer, for the first time, we’ve put in an amphitheater and stage.” Residents also take advantage of the Albany Golf Club, an 18-hole public course. The Albany Community Library, another vital part of town, is run by volunteers.
Albany residents enjoy the splash pad at Wildcat Park.
The Albany Community Library is an important resource for town residents.
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State Routes 67 and 28 lead to Ohio
State Route 67, or Walnut Street in town, connects Indiana and Ohio and has a considerable amount of semitrailer traffic. State Route 28 branches southeast into the Buckeye State. There’s an active rail line through town, but only one to two trains pass through daily. “A lot of the trains that come through are very short, so they might only block things for a minute or two,” Hall says. Muncie and Portland, about 20 minutes away, both have an IU Health hospital. Many residents drive less than an hour to Celina, Ohio, for a day trip full of shopping, dining and entertainment. During the summer, boaters dock at waterfront bars on Grand Lake St. Marys.
An 80-year-old Halloween Parade and new events
Albany prides itself on its annual Halloween Parade, which has been one of the town’s most anticipated celebrations for more than 80 years. In 2025, the town added a new event to the schedule: Heritage Days. “The town itself was founded in 1833, and we want to showcase that history,” Hall says. “We are in the process of having three or four bands, we’ll have a car show, we’ll have vendors, and we’ll display things that people can look at in terms of Albany history.”
Written By
Leslie Klosterman
Photography Contributed By
Kenyon Gerbrandt
Video By
Francesco Basti
Interested in learning more about homes in this area?
Reach out to
Michael Burke,
an experienced agent in this area.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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On average, homes in Albany, IN sell after 41 days on the market compared to the national average of 58 days. The median sale price for homes in Albany, IN over the last 12 months is $159,000, up 45% from the median home sale price over the previous 12 months.
Welcome home to this beautifully updated, move-in ready 3-bedroom, 2-bathroom home located in the sought-after Monroe Central School District! From the moment you step inside, you'll appreciate the bright, inviting atmosphere and the modern open-concept layout designed for today's lifestyle. The spacious living room flows seamlessly into the updated kitchen, creating the perfect gathering space
Jerrett Flesher
Flesher Brothers Auctioneering and Real Estate Inc
20.52 A +or-, approx. 4.8 A is wooded with a creek running through it, and the rest is tillable acreage. Property is easily accessible off St. Rd. 167, across from On The Fairways subdivision and the Albany golf course. Water & sewage is available, which makes this ideal for building your dream home or for subdividing. The land has been rented for farming in the past, and the production estimate
Purchase is for land only. The parking lot is owned by Pizza King. The businesses that share the parking lot share the expense of snow removal and upkeep of the parking lot - cost of snow removal & upkeep is based on sq. ft of your business. the doctor's office percentage is 40%.
Charming and affordable 2-bedroom, 1-bath home located in the heart of Albany. This well-maintained property offers over 1,150 square feet of living space with a functional layout and plenty of character. The inviting family room features a fireplace, creating a warm and comfortable gathering space. Kitchen appliances, including the dishwasher, refrigerator, and range, are included with the sale.
Stately Victorian Home with Historic Charm. A rare piece of local history with this grand 5 bed, 3 bath stately Victorian residence, originally built as the President’s House for the historic McCormick Paper Factory. Thoughtfully updated for modern living, this home offers an exceptional blend of craftsmanship, space, and convenience. 5 spacious bedrooms with tall ceilings and abundant natural
SMALL TOWN LIVING! This is your chance to own a sweet two-bedroom home in the wonderful town of Albany. Located in a nice quiet neighborhood, this home features a large corner lot, private patio, detached garage, and a covered front porch perfect for relaxing. A nice floorplan includes a living room with hardwood floors, two bedrooms, and an eat-in kitchen. A separate laundry room and Bonus Room
Historic home masterfully constructed in 1860 from local farm timbers with over 41 acres of scenic land including woods, pastures, and private Mississinewa river access equal to over 2000 feet of riverfront. Up to half of the property is wooded and adjacent to the river and part of the south parcel crosses the river. The property includes outbuildings including a barn and oversized 4 car garage.
Welcome to 1391 N Gregg Drive, perfectly situated on the Albany Golf Course! This 4-bedroom, 2-bath home offers beautiful views and a functional, open layout designed for comfortable living. Inside, you'll find newer laminate flooring throughout, creating a fresh, modern feel with easy maintenance. The spacious bedrooms provide flexibility for family, guests, or a home office, while the open
Cozy, newly remodeled 2-bedroom, 1-bath home featuring an open-concept layout and brand-new furnace. New flooring throughout! Enjoy a fully privacy-fenced backyard perfect for relaxing, entertaining, or pets. Move in ready!
Nicely updated 3-bedroom, 2-bathroom home on 5 serene acres. The open-concept main floor features a cozy living room with fireplace, eat-in kitchen with walk-in pantry, plus two bedrooms and a full bath. The finished basement offers newer flooring, a second kitchen, large rec/family room, bedroom and a full bathroom. Enjoy a serene country setting with plenty of space for outdoor activities and
20.52 A +or-, approx. 4.8 A is wooded w/a creek running through it, and the rest is tillable acreage. Property is easily accessible, located across from the Albany golf course & On The Fairways subdivision. Water & Sewage is available, which makes it ideal for building your dream home or for development. The land has been rented for farming in the past, and the production estimate was reported at
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