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$589,000   Price Analysis
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504 E Main St
New Albany, IN 47150
6 bed 6 bath 2,634 SqFt ($223/SqFt)
5,998SqFt lot. Built 1859
Listed 2023-06-22, Taxes $3,675
USDA Eligible
near New Albany, IN
 Restrictions may apply
due to home size

OPPORTUNITY IS KNOCKING to own this Historic Landmark.

Located on Mansion Row and minutes from downtown Prstine Albany. This Greek Revival in style home has been renovated into 4 separate apartments. Unit 1 and 3 are 1 bedroom and 1 bathroom and Units 2 and 4 ( Unit 4 has its own furnace) are 2 bedrooms and 2 bathrooms.

All units are on separate meters and have had many updates. 12' ceilings, 4 fireplaces, off street parking. These have been steady income producing units, so Call today for a private tour!


Presented by Teresa Moody, Agent at
Re/Max Advantage.
Listing Agent Photo

Property MLS #202308515 from SIRA

Bedrooms: 6

Total Rooms: 4
Other RoomLevel: Other
Other RoomsDescription: Apt 1 - 1BR/1BA
Other RoomLevel: Other
Other RoomsDescription: Apt 2 - 2BR/2BA
Other RoomLevel: Other
Other RoomsDescription: Apt 3 - 1BR/1BA
Other RoomLevel: Other
Other RoomsDescription: Apt 4 - 2BR/2BA

Total Bathrooms: 6 / 0
Full Bathrooms: 6

Blinds
Foyer

Range / Oven
Refrigerator

Cooling Features: Window A/C Unit(s)
Heating Features: Baseboard
Number of Fireplaces: 4

Public Sidewalk
Roads: Paved

Lot Description: Corner Lot, River View, Scenic View
Lot Size Acres: 0.1377
Lot Size Dimensions: 50x120
Lot Size Square Feet: 5998

Annual Tax Amount: 3960
Source Listing Status: Active
County: Floyd
Directions: Take Exit 0; Go east toward New Albany; take a left on Main St; home is on right (corner of Main & 5th St).
Source Property Type: Residential/Farm
Area: New Albany
Source Neighborhood: New Albany
Parcel Number: 220500200787000008
Zoning: Residential, Historic Dis
Property Subtype: Residential
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$154,800 + $16,000
$170,800
$3,675
2020$138,700 + $16,000
$154,700
$3,335
2019$125,700 + $16,000
$141,700
$3,056
2018$123,900 + $16,000
$139,900
$3,036
2017$122,000 + $16,000
$138,000
$3,078
2017$123,400 + $16,000
$139,400
$3,078
2016$101,800 + $16,000
$117,800
$2,760
2015$104,800 + $16,000
$120,800
$2,356
2013$101,400 + $16,000
$117,400
$2,348
2012$102,300 + $16,000
$118,300
$2,366
2011$70,200 + $7,400
$77,600
$1,552
2010$70,200 + $7,400
$77,600
$1,552

Listed 2023-06-22
$589,000
SIRA
Sold 2021-09-01
$1,019,200
Public Record

Total Square Feet Living: 2634
Year Built: 1859
Above Grade Finished Area: 2634
Below Grade Unfinished Area: 1317.00
Foundation Details: Brick (Solid)
Improvements: 167800
Property Age: 165
Levels or Stories: 2
Structure Type: Existing
House Style: 2 Story
Total Area Sqft: 2634

Gas: Electric
Water Source: Public Onsite

Other Equipment: Electric

S Ellen Jones Elementary School is a public elementary school located approximately 0.5 miles away.
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New Albany Senior High School is a public high school located approximately 1 miles away.
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Nathaniel Scribner Middle School is a public elementary and middle school located approximately 1.3 miles away.
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St Mary's Catholic School is a private elementary and middle school located approximately 0.3 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.