$315,000
SOLD OCT 10, 2025

1112 E Spring St New Albany, IN 47150

4 Beds
4 Baths
2,400 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$131 Per Sq Ft

5% Above List Price

5 Days on Market

Highlights

  • Open Floorplan
  • Covered Patio or Porch
  • Balcony
  • Deck
  • First Floor Utility Room
  • Eat-In Kitchen

About This Home

As of October 2025

Multiple Offers Received. Seller is requesting highest and best offers by 5 pm on August 26, 2025. Looking for a property that fits your goals? Whether you're seeking a short-term rental, long-term rental, or an owner-occupied home with income potential, this duplex provides the options.
Located just steps from New Albany's Mansion Row, the farmers market, and downtown shops and restaurants, this property combines historic charm with modern updates.
Each unit offers approximately 1,200 sq. ft. with 2 bedrooms, 2 full bathrooms, walk-in closets, tall ceilings, and in-unit washer and dryer. Both have front porches, with one unit on the main level and the other upstairs.
The property was rebuilt from the studs in 2018 with all new electrical and plumbing, providing peace of mind and efficiency while maintaining character.
Currently operated as an Airbnb, it may also be purchased fully furnished for a turnkey option.
Schedule your showing today to see the possibilities.
Sq. ft. & room sizes approx.
Schedule your showing today to see all this property has to offer. Sq ft & rm sz approx.

Last Agent to Sell the Property

Ashley Hayes

Schuler Bauer Real Estate Services ERA Powered (N License #RB19001837 Listed on: 08/22/2025

Schuler Bauer Real Estate Services ERA Powered  (N

Last Buyer's Agent

Paul Kiger

Coldwell Banker McMahan License #RB14035922

Coldwell Banker McMahan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,016

Year Built

  • Built in 1929

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 120

Parking

  • Off-Street Parking

Home Design

  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Decorative Fireplace
  • Window Screens
  • First Floor Utility Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Cellar
  • Crawl Space

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220502800587000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,016

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Additional Parking: Off Street
  • Annual Tax: 2016
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Brick (Solid), Crawl Space
  • Legal Description: P 13 E 1/2 L. 33 UP SPRING
  • Lot Dimensions: 25 x 120
  • Numof Fireplaces: 1
  • Parcel Number: 220502800587000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 2400
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar, Crawl Space
  • Above Grade Finished Sq Ft: 2400.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposal, Microwave, Oven Self Clean, Range / Oven, Refrigerator
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Fireplace: Decorative
  • Interior Amenities: 1st Floor Main, 1st Floor Utility, Breakfast Bar, Ceiling Fan(s), Eat-In Kitchen, Open Floor Plan, Walk-In Closet(s)
  • Lot Sq Ft: 2613.60
  • Sewer Type: Sewer
  • Total Sq Ft: 2400

Exterior Features

  • Exterior Features: Balcony, Covered Porch, Deck, Public Sidewalk, Screens, Vinyl Siding

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.0600
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2025
Closed on
Oct 15, 2025
Sold by
Zoeva Properties Llc
Bought by
Reeves John
Seller's Agent
Ashley Hayes
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Paul Kiger
Coldwell Banker McMahan
List Price
$299,000
Sold Price
$315,000
Premium/Discount to List
$16,000
5.35%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-88.10%
Original Mortgage
$252,000
Outstanding Balance
$252,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
-$8,000

Purchase Details

Listed on
Jun 21, 2017
Closed on
Oct 10, 2017
Sold by
Hughes Sally A
Bought by
Zoeva Properties Llc
Seller's Agent
Pam Lumley
RE/MAX Ability Plus
Buyer's Agent
Jake Archibald
Keller Williams Realty Consultants
List Price
$55,000
Sold Price
$35,000
Premium/Discount to List
-$20,000
-36.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.56%

Purchase Details

Closed on
Jun 5, 2017
Sold by
Duggins David C and Duggins Sally A
Bought by
Hughes Sally A

Purchase Details

Listed on
Dec 23, 2016
Closed on
Jan 12, 2017
Sold by
Neel Family Llc
Bought by
Duggins David C and Duggins Sally A
Seller's Agent
Russ Kruer
RE/MAX Ability Plus
Buyer's Agent
Teresa Baxter
NextHome Wilson Real Estate
List Price
$48,900
Sold Price
$26,900
Premium/Discount to List
-$22,000
-44.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.22%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Deed -- --
Quit Claim Deed -- Culler Law Office Llc
Warranty Deed $26,900 Kemp Title Agency Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $252,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2025 10/10/25 Sold $315,000 +5.4% $131 / Sq Ft
08/27/2025 08/27/25 Pending -- -- --
08/22/2025 08/22/25 For Sale $299,000 +754.3% $125 / Sq Ft
10/10/2017 10/10/17 Sold $35,000 -36.4% $17 / Sq Ft View Prior Sale
09/19/2017 09/19/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $55,000 +104.5% $27 / Sq Ft
01/12/2017 01/12/17 Sold $26,900 -45.0% $13 / Sq Ft View Prior Sale
12/30/2016 12/30/16 Pending -- -- --
12/23/2016 12/23/16 For Sale $48,900 -- $24 / Sq Ft
Source: Southern Indiana REALTORS® Association

Tax History Compared to Growth

Source: Public Records

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 $2,015 $94,900 $6,600 $88,300
2023 $1,671 $78,300 $6,600 $71,700
2022 $1,728 $80,900 $6,600 $74,300
2021 $1,485 $69,000 $6,600 $62,400
2020 $1,488 $69,000 $6,600 $62,400
2019 $1,409 $65,300 $6,600 $58,700
2018 $514 $23,700 $6,600 $17,100
2017 $523 $23,700 $6,600 $17,100
2016 $470 $23,500 $6,600 $16,900
2014 $2,038 $101,900 $9,300 $92,600
2013 -- $105,200 $9,400 $95,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2025010505

Southern Indiana REALTORS® Association

APN: 22-05-02-800-587.000-008