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$447,000   Price Analysis
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609 and 611 E Spring St
New Albany, IN 47150
3 bed 2 bath 2,312 SqFt ($193/SqFt)
0.28 acre lot. Built 1864
Listed 2024-07-02, Taxes $2,776
USDA Eligible
near New Albany, IN
 Restrictions may apply
due to home size

ATTENTION INVESTORS AND ENTREPRENEURS!!!

This is a unique opportunity this property will transfer with a 210 LIQUOR PERMIT (beer, liquor, wine and carryout). Floyd County is allotted a specific amount and that quota h as been filled. This is a difficult permit to obtain. The current owner had been approved to open a Speakeasy bourbon bar. This 2-story historic home is located in the heart of downtown Contemporary Albany. You have a highly visible front porch along busy East Spring St.

The detailed architecture boasts quality craftsmanshp and extensive millwork with original wide plank hardwood floors, built in bookcases, cabinetry and extensive crown moldings. The home offers 3 decorative fireplaces, pretty bay window. The grand foyer leads to an open staircase and 3 large bedrooms/offices, a bonus room and an updated bathroom. The home has 12 dedicated parking spaces and a attractive garden area. The opportunities are unlimited whether you are in the market to make this a fine restaurant, bar, professional office space - It checks all the boxes.


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

Property MLS #202409041 from SIRA

Bedrooms: 3
Primary Bedroom Dimensions: 14 x 15
Bedroom 1 Dimensions: 15 x 14
Bedroom 2 Dimensions: 10 x 12
Primary Bedroom Level: 2nd Floor
Bedroom 1 Level: 2nd Floor
Bedroom 2 Level: 2nd Floor

Total Rooms: 10
Bathroom Full RoomLength: 7
Bathroom Full RoomWidth: 3
Bathroom Full RoomLevel: 1st Floor
Bathroom Full RoomLength: 9
Bathroom Full RoomWidth: 7
Bathroom Full RoomLevel: 2nd Floor
Other RoomLength: 12
Other RoomWidth: 13
Other RoomLevel: 2nd Floor
Other RoomLength: 11
Other RoomWidth: 15
Other RoomLevel: 1st Floor
Living Room Dimensions: 14 x 15
Living Room Level: 1st Floor

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

Blinds
Bonus Room
Ceiling Fan(s)
Formal Dining Rm
Foyer
Multi Phone Lines

Cooling Features: Central Air
Heating Features: Forced Air
Number of Fireplaces: 3

Dining Area Dimensions: 19 x 16
Dining Area Level: 1st Floor
Kitchen Dimensions: 6 x 11
Kitchen Level: 1st Floor

Porch
Public Sidewalk
Roads: Paved

Additional Parcels Description: 220500200801001008
Lot Size Acres: 0.28
Lot Size Dimensions: 39x112 and 21x60
Lot Size Square Feet: 12197

Other Parking: Off Street

Annual Tax Amount: 1515
Source Listing Status: Active
County: Floyd
Directions: Downtown New Albany on Spring St between 6th and 7th Streets
Source Property Type: Residential/Farm
Area: New Albany
Source Neighborhood: New Albany
Parcel Number: 220500200800000008
Zoning: Residential, Commercial,
Property Subtype: Residential
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$69,700 + $25,600
$95,300
$2,776
2020$69,700 + $25,600
$95,300
$2,709
2019$69,700 + $25,600
$95,300
$2,623
2018$68,900 + $25,600
$94,500
$2,595
2017$67,800 + $25,600
$93,400
$2,628
2017$68,600 + $25,600
$94,200
$2,628
2016$69,300 + $25,500
$94,800
$2,414
2015$48,500 + $25,500
$74,000
$1,906
2013$47,000 + $25,600
$72,600
$1,461
2012$47,100 + $25,600
$72,700
$1,462
2011$62,700 + $5,700
$68,400
$1,368
2010$62,700 + $5,700
$68,400
$1,368

Listed 2024-07-02
$447,000
SIRA
Sold 2022-04-11
$372,000
Public Record
Listing removed 2015-08-01
$299,900
Louisville
Listing removed 2015-08-01
$299,900
SIRA
Price Changed 2015-05-06
$299,900
Louisville
Price Changed 2015-05-04
$299,900
SIRA
Listed 2015-01-30
$319,900
Louisville
Listed 2015-01-21
$319,900
SIRA

Total Square Feet Living: 2312
Year Built: 1864
Above Grade Finished Area: 2312
Foundation Details: Brick (Solid)
Improvements: 124000
Property Age: 160
Levels or Stories: 2
Structure Type: Frame On-Site
House Style: 2 Story
Total Area Sqft: 2312

Gas: Nat Gas
Water Source: Public Onsite

Disabled Access: Yes

Other Equipment: Electric

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 0.8 miles away.
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Hazelwood Middle School is a public elementary and middle school located approximately 1 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.