1421 1423 E Spring St New Albany, IN 47150
Estimated payment $1,691/month
Total Views
28,168
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/
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
Map
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Home Values in the Area
Average Home Value in this Area
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
Source: Southern Indiana REALTORS® Association
MLS Number: 2024012848
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