$264,000

1421 1423 E Spring St New Albany, IN 47150

Estimated payment $1,695/month

Total Views 35,497
4 Beds
4 Baths
1,760 Sq Ft
$150 Price per Sq Ft

About This Home

Former Appraisal Office with 4 (1) Bedroom Apartment Rentals. Seller is converting office into a 4th (1) Bedroom Apartment Rental. A 2 Car Garage is also included. When all units & garage are rented, revenue is $2,600/month. Owner pays all utilities currently. There are four electric meters, one for each rental unit. All 4 units are currently rented on a month to month lease.
This property is located within the locally designated E Spring Street Historic District. Because of this local designation, any exterior alterations must be reviewed & approved by the New Albany Historic Preservation Commission. For more information about the NAHPC & a copy of the City of New Albany Design Guidelines for the local historic district, please visit www.newalbanypreservation.com.
In addition to this local designation, the property is also listed in the National Register of Historic Places. This listing qualifies the owner to potentially take advantage of tax credits to help recoup qualified rehabilitation costs for both interior and exterior improvements. For more information, see https://www.in.gov/dnr/historicpreervation/financial-assistance/historic-tax-credit/

Last Listed By

Ken Groh

Berkshire Hathaway HomeServices Parks & Weisberg R License #RB14028386 Listed on: 12/18/2024

Berkshire Hathaway HomeServices Parks & Weisberg R

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,650

Year Built

  • Built in 1929

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 4 Car Detached Garage
  • Front Facing Garage

Interior Spaces

  • 1,760 Sq Ft Home
  • 2-Story Property
  • Partial Basement

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 220502800705000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,650

Year Built

Built in 1929

Lot Details

0

Parking

4

Listing Details

  • Improvements: 65100
  • Additional Assessor Parcel Numbers: 0086860076
  • Annual Tax: 2650
  • Appointment: Mandatory
  • Construction: Existing
  • Land Assessment: 7500
  • Legal Description: P.13 L.74
  • Out Buildings: Garage
  • Parcel Number: 220502800705000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 72600
  • Total Finished Square Footage: 1760
  • Type: 2 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Partial
  • Above Grade Finished Sq Ft: 1760.00
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Lot Sq Ft: 6534.00
  • Sewer Type: Sewer
  • Total Sq Ft: 1760

Garage/Parking

  • Garage Type: Detached, Front Entry
  • Garage Spaces: 4
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.1500

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2024 12/18/24 For Sale $264,000 -- $150 / Sq Ft
Source: Southern Indiana REALTORS® Association

Similar Homes in New Albany, IN

  • 2309 Mclean Ave, New Albany, IN 47150

    $328,500

    • 4 Beds
    • 3 Baths
    • 2,352 Sq Ft
    • 2309 Mclean Ave
    • New Albany, IN

    Beautifully Renovated 4-Bedroom Home with Modern Upgrades and Unique FeaturesThis completely renovated 4-bedroom, 3-bathroom home boasting over 2,300 sq. ft. of stunning updates and thoughtful design. No detail has been overlooked in this transformation, offering a perfect blend of modern convenience and timeless charm.Highlights include:• All New Systems and Finishes: Brand-new electrical, HVAC,

    Brian Waters Mentor Listing Realty, Inc.

    Section Image
  • 905 Mellwood Dr, New Albany, IN 47150

    $339,900

    • 3 Beds
    • 3 Baths
    • 3,069 Sq Ft
    • 905 Mellwood Dr
    • New Albany, IN

    Spacious Family Home in Prime Location! Located on a quiet side street in the desirable Oakwood Estate neighborhood, this charming home offers ample space at an unbeatable location. The main floor features a large kitchen, formal dining, a cozy gas fireplace in the living room and an additional family room/den. You'll also find the primary bedroom with an updated bathroom, along with another full

    Brianna Whittaker Lopp Real Estate Brokers

    Section Image
  • 2119 Budd Rd, New Albany, IN 47150

    $292,500

    • 4 Beds
    • 3 Baths
    • 1,808 Sq Ft
    • 2119 Budd Rd
    • New Albany, IN

    What an OPPORTUNITY! TWO homes, ONE Lot. Earn rental income on one house while living in the other! Possible mother in-law or guest suite/house. Use your imagination! Both homes are small with big potential! Front house (2121) is 2 bed, 1 bath, 912sqft, Large living room space and dining room area with HARDWOOD Flooring! Nice sized kitchen that walks outside to a summer oasis! Beautiful back

    Zach Howard Schuler Bauer Real Estate Services ERA Powered (N

    Section Image
  • 3903 Rainbow Dr, New Albany, IN 47150

    $324,900

    • 4 Beds
    • 3 Baths
    • 1,920 Sq Ft
    • 3903 Rainbow Dr
    • New Albany, IN

    Open house Saturday 5/31/25 12-2. Welcome to this beautifully remodeled 4-bedroom, 3-bathroom home, conveniently located near I-265, shopping centers, and a variety of restaurants. The property boasts a new roof, new plumbing, modern light fixtures, and fresh interior and exterior paint. The heart of the home is the kitchen, featuring new white cabinets complemented by butcher block countertops.

    Robert Gaines Keller Williams Realty Consultants

    Section Image
See All Homes in New Albany

Source: Southern Indiana REALTORS® Association

MLS Number: 2024012848

Southern Indiana REALTORS® Association

Indiana Floyd County New Albany 47150

1421 1423 E Spring St, New Albany, IN

This home is located at 1421 1423 E Spring St, New Albany, IN 47150 and is currently priced at $264,000, approximately $150 per square foot. This property was built in 1929. 1421 1423 E Spring St is a home located in Floyd County with nearby schools including S. Ellen Jones Elementary School, Hazelwood Middle School, and New Albany Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

Nearby Homes
Ken Groh
Listing Agent
Ken Groh
Section Image
Berkshire Hathaway HomeServices Parks & Weisberg R
(812) 570-5231