1945 Indiana Ave New Albany, IN 47150
Estimated payment $1,423/month
Total Views
6,434
1
Bed
1.5
Baths
3,219
Sq Ft
$71
Price per Sq Ft
Highlights
- Forced Air Heating and Cooling System
- Ceiling Fan
- 4-minute walk to Silver Street Park
About This Home
Excellent opportunity in the heart of downtown New Albany! This versatile commercial property is situated on a corner lot and was last used as a used clothing and home goods storefront. The building offers a spacious open floor plan with ample lighting, a large, handicapped-accessible bathroom, and a kitchen area equipped with a large island and commercial sinks. Four dedicated parking spaces are located on-site for added convenience.
A bonus efficiency apartment is located at the rear of the building, featuring 1 bedroom, 1 full bath, a kitchen, and a living room. This space presents a great opportunity for rental income or live/work use. Apartment parking is also available.
Ideal location with high visibility and flexible space suitable for a variety of uses. Buyer to verify zoning and intended use. Sq ft & room sizes approx.
Listing Agent
Schuler Bauer Real Estate Services ERA Powered (N License #RB14039714 Listed on: 06/27/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,977
Year Built
- Built in 1945
Lot Details
- 4,008 Sq Ft Lot
- Property is zoned Multi Family
Home Design
- Poured Concrete
- Frame Construction
Interior Spaces
- 3,219 Sq Ft Home
- 1.5-Story Property
- Ceiling Fan
- Oven or Range
Bedrooms and Bathrooms
- 1 Bedroom
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 0084630001
Map
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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 | $2,081 | $70,400 | $9,200 | $61,200 |
| 2023 | $2,081 | $71,800 | $9,200 | $62,600 |
| 2022 | $2,157 | $74,400 | $9,200 | $65,200 |
| 2021 | $2,010 | $69,000 | $9,200 | $59,800 |
| 2020 | $1,962 | $69,000 | $9,200 | $59,800 |
| 2019 | $1,899 | $69,000 | $9,200 | $59,800 |
| 2018 | $1,878 | $68,400 | $9,200 | $59,200 |
| 2017 | $1,875 | $67,200 | $9,200 | $58,000 |
| 2016 | $1,722 | $66,600 | $9,200 | $57,400 |
| 2014 | $1,983 | $70,100 | $9,200 | $60,900 |
| 2013 | -- | $68,000 | $9,200 | $58,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | For Sale | $229,900 | -- | $71 / Sq Ft |
Source: Southern Indiana REALTORS® Association
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | -- | Wt & S Title Llc | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $45,200 | Commercial |
Source: Public Records
Similar Homes in New Albany, IN
Source: Southern Indiana REALTORS® Association
MLS Number: 202509128
APN: 22-05-04-301-022.000-008
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