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Listed price in listed location currency (USD).
$230,000
$264,000

440

MLS® 2024012848

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential
Size 1760 sqft
Garage Yes
Maintenance Fees 
Taxes $2,650
Approx. Age 1929
Avg. Price Per Sqft $150
MLS® Number 2024012848

Property Address: 1421 E Spring Street, New Albany, IN, 47150

Average square foot calculated using Size range provided by listing agent.

Description

Former Appraisal Office with 4 (1) Bedroom Apartment Rentals. Seller is converting office into a 4th (1) Bedroom Apartment Rental. A 2 Car Garage is also included. When all units & garage are rented, revenue is $2, 600/month. Owner pays all utilities currently. There are four electric meters, one for each rental unit. All 4 units are currently rented on a month to month lease. This property is located within the locally designated E Spring Street Historic District. Because of this local designation, any exterior alterations must be reviewed & approved by the New Albany Historic Preservation Commission. For more information about the NAHPC & a copy of the City of New Albany Design Guidelines for the local historic district, please visit www.Newalbanypreservation.Com. In addition to this local designation, the property is also listed in the National Register of Historic Places. This listing qualifies the owner to potentially take advantage of tax credits to help recoup qualified rehabilitation costs for both interior and exterior improvements. For more information, see https://www.In.Gov/dnr/historicpreervation/financial-assistance/historic-tax-credit/
MLS® Number2024012848
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1929
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

Jun 30, 2025End Date
$230,000Sold Price

Sold

Dec 18, 2024List Date
$264,000List Price
  • Commute

Commute

Starting Address
Destination Address
1421 E Spring Street, New Albany, IN

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