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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 an d age

He has decided it's best to let this charming property go to a 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 buyr. 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
Parcel Number: 220500200037002007
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.