$235,000
$29K PRICE DROP

488 Alan Dr New Albany, IN 47150

Estimated payment $1,551/month

Total Views 6,005
3 Beds
2.5 Baths
2,148 Sq Ft
$109 Price per Sq Ft

Highlights

  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Gas Fireplace

About This Home

A spacious 2,148 sq ft ranch on a quiet dead-end street in New Albany offering a non-traditional floor plan with opportunity to reimagine and make your own. With 3 bedrooms and 2.5 baths, this home provides multiple living areas and additional rooms that allow for a variety of uses.
Two interior bedrooms rooms feature dual entry points, including access to a large living and entertainment space filled with natural light. These rooms are well-suited for a home office, workout area, media room, or other creative uses depending on your needs.
The layout presents an opportunity for buyers to reconfigure, or update based on their vision while taking advantage of the home’s overall square footage and versatility.
Enjoy a low-maintenance backyard and a convenient location with quick access to the bridge into Louisville for an easy commute.
A strong opportunity for buyers seeking space, value, and the ability to customize a home under $250K in the 47150 area.

Listing Agent

William Powell

License #RB24000071 Listed on: 03/06/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,769

Year Built

  • Built in 1960

Lot Details

  • 10,062 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Slab Foundation

Interior Spaces

  • 2,148 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Gas Available
  • Liquid Propane Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0083820015

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,769

Year Built

Built in 1960

Lot Details

10,062 Sq Ft Lot

Listing Details

  • Annual Tax: 3769
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Slab
  • Legal Description: P 694 L 15
  • Numof Fireplaces: 1
  • Parcel Number: 0083820015
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 2148
  • Type: 1 Story
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Water Heater: Lp Gas
  • Above Grade Finished Sq Ft: 2148.00
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Fireplace: Gas Burning
  • Lot Sq Ft: 10062.36
  • Sewer Type: Sewer
  • Total Sq Ft: 2148

Exterior Features

  • Exterior Features: Paved Driveway

Utilities

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

Lot Info

  • Acres: 0.2310
  • Zoning: Residential

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $4,335 $205,600 $23,900 $181,700
2024 $3,769 $177,500 $23,900 $153,600
2023 $3,875 $181,000 $23,900 $157,100
2022 $3,817 $178,200 $23,900 $154,300
2021 $3,647 $169,000 $23,900 $145,100
2020 $3,760 $174,000 $23,900 $150,100
2019 $3,483 $161,100 $23,900 $137,200
2018 $2,827 $130,000 $23,900 $106,100
2017 $2,968 $131,200 $23,900 $107,300
2016 $2,607 $130,100 $23,900 $106,200
2014 $2,644 $131,800 $23,900 $107,900
2013 -- $128,400 $23,900 $104,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2026 04/24/26 Price Changed $235,000 -7.8% $109 / Sq Ft
04/01/2026 04/01/26 Price Changed $255,000 0.0% $119 / Sq Ft
04/01/2026 04/01/26 For Sale $255,000 -3.4% $119 / Sq Ft
03/15/2026 03/15/26 Pending -- -- --
03/06/2026 03/06/26 For Sale $264,000 -- $123 / Sq Ft
Source: Southern Indiana REALTORS® Association

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Southern Indiana REALTORS® Association

MLS Number: 202606462

Southern Indiana REALTORS® Association

APN: 22-05-02-700-556.000-008

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