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For sale
  • $595,000

    1217 E Spring Street, New Albany, IN 47150

    --beds
    5,935sqft
    : 
    Single Family Residence
    Built in 1929
    0.51 Acres Lot
    $-- Zestimate®
    $100/sqft
    $-- HOA

    What's special

    Gracious vertical eleganceTall narrow windowsIntricate cornices
    SELLER WILL ENTERTAIN ALL REASONABLE OFFERS & SELLER FINANCING OPTIONS. In the heart of New Albany, discover the Alexander Dowling Home, a heritage rich Italianate gem nestled at 1217 E. Spring Street in New Albany’s esteemed East Spring Street Historic District—Listed on the Historic Registry. A Historic Beacon of Legal Distinction originally owned by Alexander Dowling, an esteemed justice of the Indiana Supreme Court (1899–1905), this residence symbolizes legal prestige and local legacy. Dowling played pivotal roles in New Albany as a prosecuting attorney, city attorney, founder and president of the Mutual Trust and Deposit Company, and long serving bank director. Architectural Grandeur & Timeless Style crafted in the Italianate style circa 1870, the home features hallmark characteristics—tall, narrow windows, intricate cornices, and a gracious, vertical elegance. An 1888 addition adds both charm and architectural depth to the structure. Its preservation as part of a historic district ensures its architectural integrity continues to shine. The home can be restored to its original brilliance of a grandiose home or divided into multiple living spaces. This home also falls within proximity to the broader New Albany Downtown Historic District and many businesses. Seller is open to owner financing terms and/or a purchase contract as well. Parking lot next door is part of the property.
    104 days
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    714
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    20
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    Zillow last checked: 7 hours ago

    Listing updated: March 05, 2026 at 05:59am

    Listed by:

    Kim Kraft,

    Berkshire Hathaway HomeServices Parks & Weisberg R,

    Ken Groh,

    Berkshire Hathaway HomeServices Parks & Weisberg R

    Source: SIRA,MLS#: 2025010318MLS LogoOriginating MLS: Southern Indiana REALTORS Association

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Heat Pump
    Cooling
    • Central Air
    Features
    • Open Floorplan, Storage, Vaulted Ceiling(s), Natural Woodwork
    • Basement: Partial
    • Has fireplace: No
    Interior area
    • Total structure area: 5,935
    • Total interior livable area: 5,935 sqft
    • Finished area above ground: 5,935
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Garage
    • Attached garage spaces: 4
    • Has uncovered spaces: Yes
    • Details: Other
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Handicap Accessible, Landscaping, Paved Driveway
    Lot
    • Size: 0.51 Acres
    • Dimensions: 80 x 170
    • Features: Additional Land Available, Corner Lot
    Details
    • Parcel number: 220502800539000008
    • Zoning: Residential
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Two Story
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Block
    • Roof: Other
    Condition
    • Resale
    • New construction: No
    • Year built: 1929

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Connected, Public

    Community & HOA

    Community
    • Features: Sidewalks
    HOA
    • Has HOA: No
    Location
    • Region: New Albany

    Financial & listing details

    • Price per square foot: $100/sqft
    • Tax assessed value: $269,200
    • Annual tax amount: $7,563
    • Date on market: 8/15/2025
    • Cumulative days on market: 208 days
    • Listing terms: Cash,Conventional,Lease Option
    • Road surface type: Paved

    Estimated market value

    Not available

    Estimated sales range

    Not available

    $2,468/mo

    Price history

    Price history
    DateEventPrice
    11/26/2025Listed for sale$595,000$100/sqft
    Source: SIRA #2025010318 Report a problem
    10/13/2025Listing removed$595,000$100/sqft
    Source: BHHS broker feed #2025010318 Report a problem
    8/15/2025Listed for sale$595,000$100/sqft
    Source: SIRA #2025010318 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$7,941 +1.5%$269,200 -1.8%
    2023$7,824 +4.9%$274,000 -0.9%
    2022$7,461 +2.5%$276,600 +8%
    2021$7,280 +3.3%$256,100
    2020$7,050 +1.1%$256,100
    2019$6,973 -1.5%$256,100 +0.9%
    2018$7,076 $253,900 +0.1%
    2017$7,076 -14.2%$253,600 +0.9%
    2016$8,242 +4.2%$251,400 -1%
    2014$7,907 +10.1%$253,900 +2.7%
    2013$7,183 +7.9%$247,300 -0.5%
    2012$6,659 +11.6%$248,600 +2%
    2010$5,965 +5.8%$243,800
    2009$5,639 $243,800
    2006-- $243,800 +2%
    2005-- $239,000

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,194/mo
    Principal & interest
    $2872
    Property taxes
    $322

      Climate risks

      Neighborhood: Midtown

      Getting around

      78 / 100
      Very Walkable
      61 / 100
      Bikeable

      Nearby schools

      GreatSchools rating

      Local experts in 47150

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