1010 E Spring St New Albany, IN 47150
Estimated payment $2,194/month
Total Views
799
4
Beds
4
Baths
4,370
Sq Ft
$78
Price per Sq Ft
Highlights
- Eat-In Kitchen
- Forced Air Heating and Cooling System
- Ceiling Fan
About This Home
?? Turnkey Fourplex – Fully Occupied in New Albany! ??
Investors – this is the one you’ve been waiting for! Four 1-BR, 1-BA units, all with long-term tenants and zero vacancies for years. Located in a sought-after New Albany area, this property is primed for steady income from day one.
? Brand new roofs on every structure
? All furnaces & water heaters replaced
? Lower units recently renovated
? Central air in top units, efficient window units below
? One unit with washer/dryer hookups
The seller is ready to sell, and properties this solid don’t last. Step into immediate, worry-free cash flow – keep the tenants, keep the income, and watch your portfolio grow.
?? Act now before another investor grabs it!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,980
Year Built
- Built in 1850
Lot Details
- 6,098 Sq Ft Lot
- Property is zoned Multi Family
Home Design
- Block Foundation
- Vinyl Siding
Interior Spaces
- 4,370 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Blinds
- Basement Cellar
Kitchen
- Eat-In Kitchen
- Oven or Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Gas Available
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 220502800530
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,980 | $248,000 | $15,000 | $233,000 |
| 2023 | $3,980 | $204,200 | $15,000 | $189,200 |
| 2022 | $2,257 | $211,100 | $15,000 | $196,100 |
| 2021 | $1,932 | $179,900 | $15,000 | $164,900 |
| 2020 | $1,936 | $179,900 | $15,000 | $164,900 |
| 2019 | $1,820 | $169,300 | $15,000 | $154,300 |
| 2018 | $3,392 | $156,300 | $15,000 | $141,300 |
| 2017 | $3,465 | $156,900 | $15,000 | $141,900 |
| 2016 | $3,108 | $155,400 | $15,000 | $140,400 |
| 2014 | $2,766 | $138,300 | $14,900 | $123,400 |
| 2013 | -- | $142,700 | $15,000 | $127,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | For Sale | $340,000 | +97.7% | $78 / Sq Ft |
| 05/28/2019 05/28/19 | Sold | $172,000 | -1.7% | $51 / Sq Ft |
| 03/27/2019 03/27/19 | Pending | -- | -- | -- |
| 03/06/2019 03/06/19 | For Sale | $175,000 | +130.3% | $52 / Sq Ft |
| 03/16/2012 03/16/12 | Sold | $76,000 | -39.2% | $23 / Sq Ft |
| 12/02/2011 12/02/11 | Pending | -- | -- | -- |
| 09/27/2011 09/27/11 | For Sale | $124,900 | -- | $37 / Sq Ft |
Source: Southern Indiana REALTORS® Association
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Deed | $131,823 | Pitt & Frank | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $168,884 | New Conventional | |
| Closed | $168,884 | New Conventional | |
| Previous Owner | $115,823 | New Conventional | |
| Previous Owner | $131,823 | Commercial |
Source: Public Records
Similar Homes in New Albany, IN
Source: Southern Indiana REALTORS® Association
MLS Number: 2025010217
APN: 22-05-02-800-530.000-008
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