305 W Main St New Albany, IN 47150
Estimated payment $1,509/month
Highlights
- Second Kitchen
- Fenced Yard
- Entrance Foyer
- Deck
- Porch
- 1-Story Property
About This Home
WELCOME to 305 W Main Street! ATTENTION: Investors, Owner-Occupants, First-Time Homebuyers - this Duplex could be a great fit for YOU! Current Owners have used the property for short, mid AND long-term rentals. Gross income in 2024 was over $41,000!! Located just steps away from Downtown New Albany you'll enjoy the convenience and all the great restaurants and shopping the city has to offer. Additionally, both units have been recently updated and include laundry within the units making this truly a turn-key property. On the main level there are 2 bedrooms and 1 bathroom. Updates from 2022 on the main level include: new flooring throughout, fully remodeled Kitchen (countertops, cabinets, backsplash, etc.), remodeled bathroom, light fixtures, interior paint AND MORE. ALL FURNITURE ON THE MAIN LEVEL TO REMAIN. Downstairs has also been recently updated and is 1Bed/1 Bath. It is fully equipped with a 2nd Kitchen and Laundry units as well and also has a separate entrance. The exterior includes a large wrap around deck that goes to the lower level as well. There is also ample on-street parking and a private patio on the rear of the home.
Truly a one-of-a-kind property that offers great investment potential, low-maintenance living, and convenience all wrapped into one! Schedule your showing today OR give us a call with any questions!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,626
Year Built
- Built in 1929
Lot Details
- 1,742 Sq Ft Lot
- Fenced Yard
Parking
- On-Street Parking
Home Design
- Poured Concrete
- Vinyl Siding
Interior Spaces
- 1,736 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Entrance Foyer
- Finished Basement
- Walk-Out Basement
Kitchen
- Second Kitchen
- Eat-In Kitchen
- Oven or Range
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deck
- Porch
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 220500200524000008
Map
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 | $1,812 | $76,600 | $7,500 | $69,100 |
| 2023 | $1,812 | $84,900 | $7,500 | $77,400 |
| 2022 | $1,736 | $81,500 | $7,500 | $74,000 |
| 2021 | $1,623 | $75,400 | $7,500 | $67,900 |
| 2020 | $1,625 | $75,400 | $7,500 | $67,900 |
| 2019 | $1,471 | $68,200 | $7,500 | $60,700 |
| 2018 | $819 | $67,400 | $7,500 | $59,900 |
| 2017 | $1,542 | $67,300 | $7,500 | $59,800 |
| 2016 | $1,216 | $66,700 | $7,500 | $59,200 |
| 2014 | $1,138 | $55,600 | $7,500 | $48,100 |
| 2013 | -- | $54,000 | $7,500 | $46,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Price Changed | $260,000 | -5.5% | $150 / Sq Ft |
| 07/30/2025 07/30/25 | For Sale | $275,000 | +48.6% | $158 / Sq Ft |
| 12/13/2021 12/13/21 | Sold | $185,000 | +2.8% | $107 / Sq Ft |
| 10/16/2021 10/16/21 | Pending | -- | -- | -- |
| 10/15/2021 10/15/21 | For Sale | $180,000 | +60.7% | $104 / Sq Ft |
| 08/31/2018 08/31/18 | Sold | $112,000 | -2.5% | $65 / Sq Ft |
| 07/11/2018 07/11/18 | Pending | -- | -- | -- |
| 06/29/2018 06/29/18 | Price Changed | $114,900 | -1.7% | $66 / Sq Ft |
| 06/08/2018 06/08/18 | For Sale | $116,900 | +185.1% | $67 / Sq Ft |
| 11/17/2017 11/17/17 | Sold | $41,000 | -31.6% | $24 / Sq Ft |
| 08/31/2017 08/31/17 | Pending | -- | -- | -- |
| 08/07/2017 08/07/17 | For Sale | $59,900 | -- | $35 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $370,000 | None Available | |
| Warranty Deed | -- | Freibert & Mattingly Title G | |
| Deed | -- | -- | |
| Sheriffs Deed | $45,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $148,000 | New Conventional | |
| Previous Owner | $83,250 | New Conventional | |
| Previous Owner | $30,750 | New Conventional | |
| Previous Owner | $64,000 | Unknown |
Source: Southern Indiana REALTORS® Association
MLS Number: 202509892
APN: 22-05-00-200-524.000-008
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.
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.
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