$293,500
SOLD JUL 2, 2026
5 Beds
2 Baths
3,209 Sq Ft
0.96 Acre Lot

Sale Details

Date Sold: July 2, 2026

$91 Per Sq Ft

10% Below List Price

37 Days on Market

Highlights

  • 0.96 Acre Lot
  • 2 Fireplaces
  • Cedar Closet
  • Slate Run Elementary School Rated A-
  • Porch
  • 3-minute walk to Bicknell Park

About This Home

As of July 2026

"Historic 1929 beauty meets modern, turnkey luxury!"
Rare Turnkey Multi-Family Opportunity Steps from Downtown New Albany! This is the versatile investment property you've been waiting for! Extensively renovated with high-quality updates, this 1929 two-family home features two massive, renovated 1,600 sq ft units (unit #1 2/bed, unit #2 3/bed) and charming historic touches. The property offers incredible flexibility - ideal for short-term rental, long-term leasing, or as a high-end owner-occupied residence. Situated in a premier location, your tenants will be steps from the best restaurants, shops, and farmers market in downtown New Albany. Enjoy strong income potential from day one with refinished original wood floors, double pane windows, tall ceilings, and modern systems throughout. UNIT #2 SOLD FULLY FINISHED! One seller is a licensed realtor in Indiana. Appliances remaining: Unit #1- refrigerator, microwave, dishwasher, range/oven, washer and dryer. Unit #2-refrigerator, microwave, dishwasher, range/oven, washer and dryer. This duplex is occupied with a 24 month renter (lease ending 2/28/2027) in Unit #1 (unfurnished), and a mid-term renter (ending 8/9/2026) in Unit #2 (furnished). All showings will need to give 24 hour notice.

Last Agent to Sell the Property

Jennifer Silva

Semonin REALTORS Brokerage Phone: 812-944-9800 License #RB25000660 Listed on: 05/05/2026

Semonin REALTORS

Last Buyer's Agent

Rachel Gish

Semonin REALTORS License #RB21001553

Semonin REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,408

Year Built

  • Built in 1929

Lot Details

  • 41,818 Sq Ft Lot
  • Lot Dimensions are 35x120

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Duplex
  • Brick Foundation
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,209 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Decorative Fireplace
  • Blinds
  • Basement
  • Laundry in Basement
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Cedar Closet
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Shed
  • Porch

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 220502801054000008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,408

Year Built

Built in 1929

Lot Details

0.96 Acres

Parking

2

Listing Details

  • New Construction: No
  • Parcel Number: 220502801054000008
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Year Built: 1929
  • LotSizeAcres: 0.96
  • Lot Size: 35x120
  • Road Surface Type: Paved
  • Co List Office Mls Id: 115
  • Directions: From downtown New Albany, take Spring Street towards Clarksville. The home will be on your right, just past Thomas Street.
  • Above Grade Finished Sq Ft: 3209.07
  • Living Area: 3209.0
  • Structure Type: Duplex
  • PropertySubTypeAdditional: Residential
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Interior Amenities: Bookcases, Cedar Closet(s), Ceiling Fan(s), Entrance Foyer, Home Office, Main Level Primary, Open Floorplan, Storage, Natural Woodwork, Walk-In Closet(s), Window Treatments
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Decorative
  • Fireplaces: 2
  • Total Bedrooms: 11
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Porch, Patio
  • Home Warranty: No
  • Stories: 2
  • Construction Type: Aluminum Siding, Frame
  • Foundation Details: Brick/Mortar
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Garage Yn: No

Utilities

  • Laundry Features: In Basement, Laundry Room
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Connected, Public

Lot Info

  • Zoning: Residential
  • Lot Size Sq Ft: 41817.6
  • Land Lease Expiration Date: 2026-11-05
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2408.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Outstanding Balance
$114,219
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$200,662

Purchase Details

Closed on
May 21, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Outstanding Balance
$114,219
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$200,662

Purchase Details

Closed on
Nov 4, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Special Warranty Deed -- None Available
Sheriffs Deed $30,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $129,000 New Conventional
Closed $129,000 New Conventional
Previous Owner $420,000 New Conventional
Previous Owner $62,500 Purchase Money Mortgage
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/02/2026 07/02/26 Sold $293,500 -8.0% $91 / Sq Ft
06/11/2026 06/11/26 Pending -- -- --
05/28/2026 05/28/26 Price Changed $319,000 -1.8% $99 / Sq Ft
05/05/2026 05/05/26 For Sale $325,000 -- $101 / Sq Ft
Source: Southern Indiana REALTORS® Association

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,408 $114,200 $11,500 $102,700
2024 $2,425 $114,200 $11,500 $102,700
2023 $2,457 $114,200 $11,500 $102,700
2022 $2,459 $114,200 $11,500 $102,700
2021 $2,477 $114,200 $11,500 $102,700
2020 $2,480 $114,200 $11,500 $102,700
2019 $2,479 $114,200 $11,500 $102,700
2018 $2,494 $114,200 $11,500 $102,700
2017 $2,397 $107,900 $11,500 $96,400
2016 $2,174 $125,100 $11,500 $113,600
2014 $1,967 $97,500 $11,500 $86,000
2013 -- $94,700 $11,500 $83,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202607915

Southern Indiana REALTORS® Association

APN: 22-05-02-801-054.000-008

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