$238,000
SOLD JUL 25, 2025

505 E Oak St New Albany, IN 47150

2 Beds
1 Bath
1,506 Sq Ft
9,409 Sq Ft Lot

Recently Sold

$158 Per Sq Ft

27 Days on Market

Highlights

  • Open Floorplan
  • 2 Fireplaces
  • First Floor Utility Room
  • Deck
  • Covered Patio or Porch
  • Formal Dining Room

About This Home

As of July 2025

Situated in the heart of downtown New Albany, 505 E. Oak St. offers unbeatable convenience—just a short stroll to local restaurants, craft breweries, and boutique shopping. This 2-bedroom, 1-bath home is full of charm and tons of character throughout. Inside, you’ll find soaring 12-foot ceilings, an open floor plan, and fresh paint throughout. Both bedrooms feature brand new carpet, while the kitchen offers granite countertops and flows seamlessly into the main living space—perfect for everyday comfort and entertaining. Did I mention the BONUS room, which offers the flexibility to suit your lifestyle—use it as an additional bedroom, a cozy living room, or even a creative studio or home office. With its generous size and natural light, it’s a space that easily adapts to your needs. Step outside to a large & spacious back deck , ideal for gatherings. Additional highlights include a covered front porch, detached oversized two-car garage, extra parking in the back of home, and a bonus storage room at the rear of the home & the home is situated on a double lot. The possibilities are endless with this one!

Last Agent to Sell the Property

Chelsea McIntosh

License #RB22002588 Listed on: 05/29/2025

Last Buyer's Agent

Megan Paz

Green Tree Real Estate Services License #RB17002161

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,913

Year Built

  • Built in 1929

Lot Details

  • 9,409 Sq Ft Lot
  • Lot Dimensions are 54 x 175
  • Fenced Yard
  • Landscaped

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 1,506 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Quarters
  • Built-in Bookshelves
  • Ceiling Fan
  • 2 Fireplaces
  • Decorative Fireplace
  • Blinds
  • Family Room
  • Formal Dining Room
  • First Floor Utility Room
  • Storage

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Exterior Basement Entry
  • Basement Cellar
  • Crawl Space

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220503500278000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,913

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Improvements: 121600
  • Additional Parking: Off Street
  • Annual Tax: 2913
  • Appointment: Not Needed
  • Construction: Existing
  • Foundation: Brick (Solid), Crawl Space
  • Land Assessment: 14900
  • Legal Description: P 185 L 23 & E 24' L 24 UP OAK
  • Lot Dimensions: 54 x 175
  • Numof Fireplaces: 2
  • Out Buildings: Garage
  • Parcel Number: 220503500278000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 136500
  • Total Finished Square Footage: 1506
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar, Crawl Space, Outside Entrance
  • Above Grade Finished Sq Ft: 1506.00
  • Appliances: Dishwasher, Garage Door Opener, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Fireplace: Decorative
  • Interior Amenities: 1st Floor Utility, Added Storage, Addl Living Qtrs, Blinds, Built-In Bookcase, Ceiling Fan(s), Family Room, Formal Dining Rm, Open Floor Plan
  • Lot Sq Ft: 9408.96
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 1506
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Covered Porch, Deck, Fenced Yard, Landscaped, Porch, Public Sidewalk, Vinyl Siding

Garage/Parking

  • Garage Type: Detached, Off Street, Rear Entry
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Nat Gas
  • Heat Type: Heat Pump
  • Water Type: Public Onsite

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.2160
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2025
Closed on
Jul 25, 2025
Sold by
Stebbins Wallace Kristen and Stebbins Levon Wallace
Bought by
Morkwed Dustini Philip
Seller's Agent
Chelsea McIntosh
Buyer's Agent
Megan Paz
Green Tree Real Estate Services
List Price
$237,000
Sold Price
$238,000
Premium/Discount to List
$1,000
0.42%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.01%
Original Mortgage
$245,854
Outstanding Balance
$245,854
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
-$12,255

Purchase Details

Closed on
Mar 22, 2023
Sold by
Becherer Bradley and Becherer Michael
Bought by
Wallace Joel Levon and Stebbins Wallace Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2021
Closed on
Oct 21, 2021
Sold by
Berryman Adam T
Bought by
Sweeney Michael and Beecherer Bradley
Seller's Agent
Matthew Henegar
RE/MAX FIRST
Buyer's Agent
Matthew Henegar
RE/MAX FIRST
List Price
$180,000
Sold Price
$170,000
Premium/Discount to List
-$10,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$136,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2019
Sold by
Berryman Sue R
Bought by
Berryman Adam T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,224
Interest Rate
4.4%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $198,000 --
Warranty Deed $340,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $245,854 New Conventional
Previous Owner $158,400 New Conventional
Previous Owner $136,000 New Conventional
Previous Owner $96,224 FHA
Previous Owner $12,000 New Conventional
Previous Owner $74,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Sold $238,000 +0.4% $158 / Sq Ft
06/25/2025 06/25/25 Pending -- -- --
06/21/2025 06/21/25 For Sale $237,000 0.0% $157 / Sq Ft
06/04/2025 06/04/25 Pending -- -- --
05/29/2025 05/29/25 For Sale $237,000 +39.4% $157 / Sq Ft
10/21/2021 10/21/21 Sold $170,000 -5.6% $104 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $180,000 -- $110 / Sq Ft
Source: Southern Indiana REALTORS® Association

Tax History Compared to Growth

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 $2,913 $133,800 $14,900 $118,900
2023 $2,913 $136,500 $14,900 $121,600
2022 $2,960 $138,600 $14,900 $123,700
2021 $1,105 $112,300 $14,900 $97,400
2020 $1,036 $110,500 $14,900 $95,600
2019 $852 $101,400 $14,900 $86,500
2018 $833 $100,600 $14,900 $85,700
2017 $846 $100,400 $14,900 $85,500
2016 $774 $99,700 $14,900 $84,800
2014 $663 $88,500 $14,900 $73,600
2013 -- $81,600 $14,900 $66,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202508147

Southern Indiana REALTORS® Association

APN: 22-05-03-500-278.000-008