
1011 Vincennes St Unit 5 New Albany, IN 47150
Estimated payment $3,381/month
About This Home
Investment Opportunity! This fully occupied 5-unit apartment building offers a rental
portfolio with a variety of floor plans. Unit 4 features 3 bedrooms and 3 full baths, while
Units 1, 2, and 3 each offer 2 bedrooms and 2 baths—Unit 3 being the only upstairs unit
with private deck entry. Unit 5 is a cozy 1 bedroom, 1 bath on the first floor. All units are
individually climate-controlled with efficient mini-split systems. A great option for
investors seeking consistent rental income with modern amenities already in place.
Listing Agent
Schuler Bauer Real Estate Services ERA Powered (N License #RB14042235 Listed on: 05/22/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,404
Year Built
- Built in 1919
Lot Details
- 9,583 Sq Ft Lot
- Property is zoned Multi Family
Home Design
- Frame Construction
Interior Spaces
- 5,356 Sq Ft Home
- 2-Story Property
- Oven or Range
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Full Bathrooms
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 0086260140
Map
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 | $2,514 | $100,900 | $42,900 | $58,000 |
2023 | $2,514 | $103,400 | $42,900 | $60,500 |
2022 | $1,449 | $105,800 | $42,900 | $62,900 |
2021 | $1,342 | $101,000 | $42,900 | $58,100 |
2020 | $1,345 | $101,300 | $42,900 | $58,400 |
2019 | $1,386 | $101,300 | $42,900 | $58,400 |
2018 | $1,740 | $100,800 | $42,900 | $57,900 |
2017 | $1,628 | $95,800 | $42,900 | $52,900 |
2016 | $667 | $113,700 | $42,900 | $70,800 |
2014 | $894 | $127,400 | $42,900 | $84,500 |
2013 | -- | $124,200 | $42,900 | $81,300 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/22/2025 05/22/25 | For Sale | $600,000 | -- | $112 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | -- | |
Interfamily Deed Transfer | -- | None Available | |
Warranty Deed | -- | None Available | |
Personal Reps Deed | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $117,310 | Commercial |
About the Listing Agent

Licensed in 2013,born and raised in Southern Indiana, Matt is a graduate of Indiana University’s Kelly School of Business. His passion and knowledge of the Region and being licensed in Indiana and Kentucky have allowed his leadership to shine. He oversees all transactions and directs his entire Real Estate team. He is dedicated to both the clients and the region he serves.
Matt's Other Listings
Source: Southern Indiana REALTORS® Association
MLS Number: 202508211

APN: 22-05-04-200-680.000-008
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