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Sold for $330,000
  • $330,000

    1207 E Spring Street, New Albany, IN 47150

    5beds
    2,894sqft
    Duplex, Multi Family
    Built in 1874
    -- sqft lot
    $363,200 Zestimate®
    $114/sqft
    $1,505 Estimated rent

    Home value

    $363,200

    $316,000 - $418,000

    $1,505/mo

    Zestimate® history
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    What's special

    Completely renovated home, currently functioning as a multi-unit/duplex income generating property. Situated in the heart of downtown New Albany, enjoy trendy dining, shopping, and entertainment within just a short walk. Although both units are completely updated for maximum rental income and ready for new tenants, this home could easily be converted back to a single family residence. Single family home buyer's make sure to check this one at as well! 1st level features gorgeous custom triple window in living room, two bedrooms, completely renovated kitchen, and full bathroom boasting large walk-in tiled shower. 2nd level provides three bedrooms, full bathroom, eat-in kitchen/open living room concept. Both kitchens offer stainless appliances. Oversized laundry room is located in first level common area for multi-unit utilization. Raised ceilings, oversized replacement windows, solid surface flooring, fresh paint, upgraded lighting, and new kitchen cabinets boasting quartz countertops just scratch the surface. Plumbing and electrical have been completely updated throughout home, and unfinished basement has been fully waterproofed. Basement provides perfect area for tenants extra storage. Detached, rear-entry garage gives 14ft of clearance for vehicle storage, or could become a third income generator to rent separately. Wonderful opportunity for investment in high growth area seeing exponential value increase! Call for unique financing options perfect for this property.

    Zillow last checked: 7 hours ago

    Listing updated: July 22, 2024 at 10:55am

    Listed by:

    Heather Robinson,

    Green Tree Real Estate Services

    Bought with:

    Alison Koopman, RB15000649

    Lopp Real Estate Brokers

    Source: SIRA,MLS#: 202408873MLS LogoOriginating MLS: Southern Indiana REALTORS Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Microwave, Oven, Range, Refrigerator
    • Laundry: Main Level, Laundry Room
    Features
    • Ceramic Bath, Ceiling Fan(s), Eat-in Kitchen, Mud Room, Second Kitchen, Utility Room
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,894
    • Total interior livable area: 2,894 sqft
    • Finished area above ground: 2,894
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached, Garage, Garage Faces Rear
    • Garage spaces: 1
    • Details: Off Street
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Porch
    • Exterior features: Landscaping, Porch
    Lot
    • Size: 8,494 sqft
    Details
    • Additional structures: Garage(s)
    • Parcel number: 220502800538000008
    • Zoning: Residential
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Foundation: Block
    Condition
    • Resale
    • New construction: No
    • Year built: 1874

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Connected, Public

    Community & neighborhood

    Location
    • Region: New Albany

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    7/19/2024Sold$330,000-5.7%$114/sqft
    Source: SIRA #202408873 Report a problem
    7/2/2024Pending sale$349,900$121/sqft
    Source: SIRA #202408873 Report a problem
    6/24/2024Listed for sale$349,900+159.2%$121/sqft
    Source: SIRA #202408873 Report a problem
    12/12/2023Sold$135,000-15.6%$47/sqft
    Source: SIRA #2023011827 Report a problem
    11/27/2023Pending sale$160,000$55/sqft
    Source: SIRA #2023011827 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,134 -2.8%$119,500 +19.5%
    2023$2,195 +14.1%$100,000 -3%
    2022$1,924 -0.2%$103,100 +15.1%

    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating
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    $363,200
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    +$7,264
    With Zillow Showcase(estimated)
    $370,464