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$485,000   Price Analysis
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5507 Grant Line Rd
New Albany, IN 47150
3 bed 3 bath 2,300 SqFt ($210/SqFt)
5.28 acre lot. Built 1977
Listed 2023-10-11, Taxes $1,560
USDA Eligible
near New Albany, IN
 Restrictions may apply
due to home size

Owner hates to sell but due to wife recently passing and age

He has decided it's best to let this pretty property go to new owner! This home was once a show stopper and highly sought so here's your change to bring it back to it's glory and own a some a secluded home in the city. House was built using custom bridge trust, a ceiling that completely opened up (could be restored, ) and recently ran a new water line to connect to public water system.

Sitting on over 5 acres with an additional 10 acres behind that could be negotiated, this home has 3 bedrooms, 2 full baths and a half bath, formal dining room, living room and a family room. Two car attached garage with an additional two car detached garage. Roof is concrete so you'll never deal with having to put on a brand new one. House is unique and so many opportunities for the right buyer. Sold as-is. Call today for your personal showing. MUST BE PRE-QUALIFIED WITH A LENDER TO SCHEDULE A SHOWING!


Presented by Diamond at
Diamond Key Realtors.
Listing Agent Photo

Property MLS #2023011036 from SIRA

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

Total Rooms: 8
Bathroom Full RoomLevel: 1st Floor
Bathroom Full RoomLevel: 1st Floor
Living Room Level: 1st Floor

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

1st Floor Master
Ceiling Fan(s)
Family Room
Formal Dining Rm
Kitchen Island
Skylights

Dishwasher
Microwave
Range / Oven
Refrigerator

Cooling Features: Central Air
Fireplace Features: Woodburning
Heating Features: Forced Air
Number of Fireplaces: 1

Dining Room Level: 1st Floor
Kitchen Level: 1st Floor

Covered Porch

Lot Size Acres: 5.284
Lot Size Square Feet: 230171

Garage Spaces: 2
Garage Description: Attached

Annual Tax Amount: 1560
Source Listing Status: Active
County: Floyd
Directions: GPS will stop you before you reach property. Look for the street number. Grant line rd to house
Source Property Type: Residential/Farm
Area: New Albany
Source Neighborhood: New Albany
Postal Code Plus 4: 9340
Property Subtype: Residential
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$158,200 + $39,600
$197,800
$1,560

Listed 2023-10-11
$485,000
SIRA

Total Square Feet Living: 2300
Year Built: 1977
Above Grade Finished Area: 2300
Other Buildings: Garage
Improvements: 199300
Property Age: 47
Levels or Stories: 1
Structure Type: Existing
House Style: 1 Story
Total Area Sqft: 2300

Gas: Nat Gas
Water Source: Public Onsite

Other Equipment: Electric

Grant Line School is a public elementary school located approximately 1.1 miles away.
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New Albany Senior High School is a public high school located approximately 5.1 miles away.
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Nathaniel Scribner Middle School is a public elementary and middle school located approximately 5.9 miles away.
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St Mary Of-The-Knobs Catholic School is a private elementary and middle school located approximately 2.9 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.