Skip main navigation
Off market
  • $104,100

    516 E Elm St, New Albany, IN 47150

    2beds
    968sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $104,100 Zestimate®
    $108/sqft
    $1,121 Estimated rent

    Owner options

    List your home for rent

    $1,121/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,121/mo

    Rent Zestimate®

    Refinance and save

    $498/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $498/mo

    Est. payment

    What's special

    Experience the best of downtown New Albany in this charming and freshly updated 2-bedroom, 1-bathroom home. The large front room provides flexibility for a TV room, office, or third bedroom! This residence offers a fantastic location, placing you just minutes from a host of local favorites, including popular restaurants and shopping. Inside, you'll find a thoughtfully renovated living space designed for comfort and modern style. The home features new flooring, fresh paint, and an updated kitchen with new cabinetry, countertops, and new appliances. The two comfortable bedrooms provide a quiet retreat, perfect for unwinding. Fall in love with the original natural wood in the living room, french doors leading into the dining room, a beautiful original fireplace mantle with ceramic tile. Washer and dryer hookups present! Don't miss out on your opportunity to experience vintage charm mixed with modern updates and a fantastic location! Contact us today! We are open to month-to-month and rent-to-own options as well! Important Details: Utilities: Tenants are responsible for all utilities (electric, gas, water, sewer, etc.). The average total monthly utility cost is approximately $240, based on year-round averages. Pet Policy: We are a pet-friendly property! We welcome your furry companions with an additional monthly fee of $25 per cat and $50 per dog. Please note that some pets may not require an additional fee, but all pets must be approved prior to move-in.

    Zillow last checked: 8 hours ago

    Listing updated: October 11, 2025 at 11:03am

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Appliances
    • Included: Refrigerator, Stove, WD Hookup
    • Laundry: Hookups, None
    Features
    • WD Hookup
    Interior area
    • Total interior livable area: 968 sqft

    Property

    Parking
    • Parking features: Off Street
    • Details: Contact manager
    Features
    • Exterior features: Electricity not included in rent, Gas not included in rent, No Utilities included in rent, Sewage not included in rent, Water not included in rent
    Details
    • Parcel number: 220503500160000008

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & neighborhood

    Location
    • Region: New Albany

    HOA & financial

    Other fees
    • Deposit fee: $1,000

    Other

    Other facts
    • Available date: 10/06/2025
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $104,100
    2% more+$2,082
    With Zillow Showcase(estimated)$106,182