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$220,000   Price Analysis
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1308 Silver St
New Albany, IN 47150
3 bed 1 bath 1,090 SqFt ($201/SqFt)
0.25 acre lot. Built 1930
Listed 2024-06-28, Taxes $1,193
USDA Eligible
near New Albany, IN
 

Great investment opportunity for someone looking to add to their rental por tfolio!

2 homes on 1 parcel in the heart of Contemporary Albany. The main home is almost 1100 s/f, 3 BR, 1 BA home, perfect for some modern upgrads. It needs cosmetic touchesmake it YOURS. The small home would be perfect for multi-generational living, rental, Airbnb, the possibilities are endless. It is an adorable 1 BR cottage, that would be rent ready for the new owners. Think of the income potential!

Alternatively, you might live in the small home while making those cosmetic improvements to the main home. This property also has an oversized 1 car garage, providing ample space for storage and vehicular accommodations. The homes are metered separate for gas and elec, though share a common water meter. Agents please read completely thru all remarks.


Presented by Chris West at
RE/MAX FIRST.
Listing Agent Photo

Property MLS #202408951 from SIRA

Bedrooms: 3
Bedroom 2 Dimensions: 8.7 x 9.8
Bedroom 3 Dimensions: 8.6 x 9.7
Bedroom 4 Dimensions: 12.6 x 13.9
Bedroom 1 Level: 1st Floor
Bedroom 2 Level: 1st Floor
Bedroom 3 Level: 1st Floor
Bedroom 4 Level: 1st Floor
Bedroom 1 Features: Smaller House (approx 652 Sq Ft)
Bedroom 2 Features: Bigger House (approx 1070 Sq Ft)
Bedroom 3 Features: Bigger House (approx 1070 Sq Ft)
Bedroom 4 Features: Bigger House (approx 1070 Sq Ft)

Total Rooms: 12
Bathroom Full RoomLevel: 1st Floor
Bathroom Full RoomsDescription: Smaller House (approx 652 Sq Ft)
Bathroom Full RoomLevel: 1st Floor
Bathroom Full RoomsDescription: Bigger House (approx 1070 Sq Ft)
Living Room RoomLength: 11.8
Living Room RoomWidth: 13.8
Living Room RoomLevel: 1st Floor
Living Room RoomsDescription: Bigger House (approx 1070 Sq Ft)
Other RoomLength: 21.3
Other RoomWidth: 6.0
Other RoomLevel: 1st Floor
Other RoomsDescription: Sunroom Bigger House (approx 1070 Sq Ft)
Living Room Level: 1st Floor
Living Room Features: Smaller House (approx 652 Sq Ft)

Total Bathrooms: 1 / 0
Full Bathrooms: 1

Blinds
Attic

Dishwasher
Garage Door Opener

Cooling Features: Central Air
Heating Features: Forced Air

Dining Room Dimensions: 12.8 x 11.8
Dining Room Features: Bigger House (approx 1070 Sq Ft)
Dining Room Level: 1st Floor
Kitchen Features: Smaller House (approx 652 Sq Ft)
Kitchen Level: 1st Floor
2nd Kitchen Dimensions: 12.8 x 10.7
2d Kitchen Features: Stainless dishwasher/original cabinets/Range Hood
2nd Kitchen Level: 1st Floor

Fenced Yard
Roads: Paved

Lot Size Acres: 0.25
Lot Size Square Feet: 10890

Garage Spaces: 1
Garage Description: Detached
Other Parking: Off Street
Garage Dimensions: 21.0 x 15.0

Annual Tax Amount: 1361
Source Listing Status: Active
County: Floyd
Directions: 265 to Charlestown Rd - Charlestown Rd to Left on Silver St - Property will be on the Left
Source Property Type: Residential/Farm
Area: New Albany
Source Neighborhood: New Albany
Parcel Number: 220502900582000008
Postal Code Plus 4: 2723
Zoning: Residential
Property Subtype: Residential
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$137,300 + $20,100
$157,400
$1,193
2021$125,300 + $20,100
$145,400
$1,103
2020$119,400 + $20,100
$139,500
$1,292
2019$107,700 + $20,100
$127,800
$1,097
2018$106,700 + $20,100
$126,800
$1,085
2017$95,100 + $20,100
$115,200
$903
2017$95,400 + $20,100
$115,500
$903
2016$88,900 + $20,100
$109,000
$824
2015$87,400 + $20,100
$107,500
$783
2013$93,600 + $20,100
$113,700
$860
2012$106,200 + $20,100
$126,300
$957
2011$89,700 + $22,800
$112,500
$822
2010$95,000 + $22,700
$117,700
$991

Price Changed 2024-07-18
$220,000
SIRA
Listed 2024-06-28
$230,000
SIRA

Total Square Feet Living: 1090
Year Built: 1930
Above Grade Finished Area: 1090
Above Grade Unfinished Area: 909.00
Below Grade Unfinished Area: 227.00
Other Buildings: Garage
Foundation Details: Concrete Block
Improvements: 167300
Property Age: 94
Roof: Shingle
Levels or Stories: 1
Structure Type: Existing, Frame On-Site
House Style: 1 Story
Total Area Sqft: 1090

Gas: Nat Gas
Water Source: Public Onsite

Disabled Access: Yes

Other Equipment: Natural Gas

Hazelwood Middle School is a public elementary and middle school located approximately 0.3 miles away.
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New Albany Senior High School is a public high school located approximately 0.5 miles away.
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Our Lady Of Perpetual Help School is a private elementary and middle school located approximately 1.1 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.