$489,000

504 E Main St New Albany, IN 47150

Estimated payment $3,106/month

Total Views 6,164
6 Beds
4 Baths
2,810 Sq Ft
$174 Price per Sq Ft

Highlights

  • Popular Property
  • 2 Fireplaces
  • Covered patio or porch
  • Panoramic View
  • Corner Lot
  • Sound System

About This Home

Welcome to Mansion Row, a rare opportunity to own a stately, all-brick 4-PLEX situated on a corner lot in the heart of New Albany. Built in 1859 the home is full of character, charm and opportunity. Featuring tall ceilings, exposed brick, floor to ceiling windows that provide great natural light. Each of the 4 units offers a unique layout and generous square footage, making it ideal for those seeking strong rental income potential or a stunning conversion opportunity. Convenient and walkable to local restaurants, the greenway, and downtown amenities. Whether you're an investor, preservation enthusiast, or buyer seeking a flexible living arrangement, this 4-plex delivers rental versatility in an unmatched location. Don't miss this rare opportunity-schedule your tour today.

Listing Agent

Teresa Moody

RE/MAX Advantage License #RB14045468

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,743

Year Built

  • Built in 1859

Lot Details

  • 5,998 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Landscaped
  • Corner Lot
  • Property is zoned Historic District

Parking

  • On-Street Parking

Property Views

  • River
  • Panoramic
  • Scenic Vista

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 2,810 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Ceiling Fan
  • 2 Fireplaces
  • Decorative Fireplace
  • Entrance Foyer
  • Basement
  • Exterior Basement Entry
  • Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220500200787000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,743

Year Built

Built in 1859

Lot Details

0

Listing Details

  • Improvements: 193500
  • Additional Parking: On Street
  • Annual Tax: 4743
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Brick (Solid)
  • Land Assessment: 16000
  • Legal Description: P.140 52 x 120 E 1/2 of "A" L1 & 2 UP HIGH
  • Lot Dimensions: 50x120
  • Numof Fireplaces: 2
  • Parcel Number: 220500200787000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 209500
  • Total Finished Square Footage: 2810
  • Type: 2 Story
  • Year Built: 1859
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Outside Entrance
  • Above Grade Finished Sq Ft: 2350.00
  • Appliances: Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 6
  • Fireplace: Decorative
  • Interior Amenities: Ceiling Fan(s), Foyer, Surround Sound
  • Lot Sq Ft: 5998.21
  • Room Count: 4
  • Sewer Type: Sewer
  • Total Sq Ft: 2619
  • Total Rooms: 4

Exterior Features

  • Exterior Features: Covered Porch, Landscaped, Public Sidewalk

Utilities

  • Cooling Type: Window A/C Unit(s)
  • Fuel Type: Electric
  • Heat Type: Baseboard, Heat Pump
  • Water Type: Public Available

Lot Info

  • Acres: 0.1377
  • Lot Description: Corner Lot, Panoramic View, River View, Scenic View
  • Zoning: Residential, Historic District

Map

Range of Values:

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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
2024 $6,196 $209,500 $16,000 $193,500
2023 $6,196 $183,800 $16,000 $167,800
2022 $3,966 $185,700 $16,000 $169,700
2021 $3,676 $170,800 $16,000 $154,800
2020 $3,335 $154,700 $16,000 $138,700
2019 $3,057 $141,700 $16,000 $125,700
2018 $3,037 $139,900 $16,000 $123,900
2017 $3,079 $139,400 $16,000 $123,400
2016 $2,760 $138,000 $16,000 $122,000
2014 -- $120,800 $16,000 $104,800
2013 -- $117,400 $16,000 $101,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 For Sale $489,000 -- $174 / Sq Ft
Source: Southern Indiana REALTORS® Association

Deed History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed -- None Available
Source: Public Records

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Source: Southern Indiana REALTORS® Association

MLS Number: 202507345

Southern Indiana REALTORS® Association

APN: 22-05-00-200-787.000-008