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$189,000   Price Analysis
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517 E 7th St
New Albany, IN 47150
3 bed 3 bath 1,593 SqFt ($118/SqFt)
2,178SqFt lot. Built 1929
Listed 2024-04-30, Taxes $1,108
USDA Eligible
near New Albany, IN
 

Price Improvement!

Welcome to 517 East 7th. St. A well-maintained duplex in the heart of Brand new Albany near dining, entertainment and shopping! This property features a 2bd 1.5b main level plus a studio 1bd 1b upstairs accessed from the rear of the house. Upgrades to the property include a new furnace and roof on the studio, flooring in main level bedroom, new decking and fresh paint throughout the main floor. Original hardwood floors throughout both units. So many possibilities with thi s home!

Rent one unit nd live in the other, convert to a single family with a simple remodel or rent out both units for a steady stream of passive income! Both units are occupied on a month-to-month lease. Unit A is earning $1250 per month and Unit B is earning $425 per month. Inspections are welcome but home is being sold as-is. Schedule your showing before this one is gone!


Presented by Zachary Robbins at
eXp Realty, LLC.
Listing Agent Photo

Property MLS #202407553 from SIRA

Bedrooms: 3
Bedroom 1 Level: 1st Floor
Bedroom 2 Level: 1st Floor
Bedroom 3 Level: 2nd Floor

Total Rooms: 10
Living Room RoomLevel: 2nd Floor
Bathroom Full RoomLevel: 1st Floor
Bathroom Full RoomLevel: 2nd Floor
Bathroom Half RoomLevel: 1st Floor
Living Room Level: 1st Floor

Total Bathrooms: 2 / 1
Full Bathrooms: 2
1/2 Bathrooms: 1

Blinds
Built-in Bookcase
Ceiling Fan(s)
Eat-in Kitchen
Family Room
Sump Pump
Utility/Mud Room

Cooling Features: Central Air
Heating Features: Forced Air

Kitchen Level: 1st Floor
2nd Kitchen Level: 2nd Floor

Covered Porch
Deck
Metal Siding
Public Sidewalk

Lot Size Acres: 0.05
Lot Size Square Feet: 2178

Other Parking: Off Street

Annual Tax Amount: 2294
Source Listing Status: Active
County: Floyd
Directions: Spring St. to 7th st. Property on the right.
Source Property Type: Residential/Farm
Area: New Albany
Source Neighborhood: New Albany
Parcel Number: 0088140010
Postal Code Plus 4: 3204
Property Subtype: Residential
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$46,500 + $5,000
$51,500
$1,108
2020$45,500 + $5,000
$50,500
$1,088
2019$41,000 + $5,000
$46,000
$992
2018$40,500 + $5,000
$45,500
$987
2017$40,100 + $5,000
$45,100
$1,004
2017$40,500 + $5,000
$45,500
$1,004
2016$37,600 + $5,100
$42,700
$902
2015$36,700 + $5,100
$41,800
$854
2013$33,100 + $5,000
$38,100
$762
2012$35,400 + $5,000
$40,400
$808
2011$56,400 + $3,100
$59,500
$1,190
2010$56,400 + $3,100
$59,500
$1,190

Price Changed 2024-05-14
$189,000
SIRA
Listed 2024-04-30
$199,000
SIRA
Sold 2022-02-25
$107,812
Public Record
Listing removed 2021-12-23
$0
SIRA
Relisted 2021-12-06
$124,900
SIRA
Listing removed 2021-11-30
$0
SIRA
Listed 2021-11-29
$130,000
SIRA
Listing removed 2010-03-09
$37,500
SIRA
Listing removed 2009-12-13
$39,900
SIRA
Listed 2009-11-23
$37,500
SIRA
Listed 2009-07-03
$39,900
SIRA

Total Square Feet Living: 1593
Year Built: 1929
Above Grade Finished Area: 1593
Below Grade Unfinished Area: 268.00
Foundation Details: Concrete Block
Improvements: 104400
Property Age: 95
Roof: Shingle
Levels or Stories: 1
Structure Type: Existing
House Style: 1.5 Story
Total Area Sqft: 1593

Gas: Electric, Gas
Water Source: Public Onsite

Other Equipment: Electric, Natural Gas

S Ellen Jones Elementary School is a public elementary school located approximately 0.3 miles away.
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New Albany Senior High School is a public high school located approximately 0.7 miles away.
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Hazelwood Middle School is a public elementary and middle school located approximately 0.9 miles away.
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St Mary's Catholic School is a private elementary and middle school located approximately 0.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.