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Sold for $272,500
  • $272,500

    1422 E Elm Street, New Albany, IN 47150

    4beds
    1,500sqft
    Duplex, Multi Family
    Built in 2023
    -- sqft lot
    $271,300 Zestimate®
    $182/sqft
    $1,653 Estimated rent

    Home value

    $271,300

    $247,000 - $298,000

    $1,653/mo

    Zestimate® history
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    $1,653/mo

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    $1,739/mo

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    $1,739/mo

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    What's special

    Covered front porchGranite countertopsCeramic tile backsplash
    Welcome to Downtown New Albany living! This 2 UNIT PROPERTY was built in 2023 and shows like new construction! Lots of opportunities! Ready to move in! You could live in one side and rent out the other unit to help pay for your mortgage! This is called a house hack! Or start your rental portfolio with a nearly new property that is ready to move 2 separate tenants in! Or set one or both units up as a short term rental with the close proximity to Downtown! The epoxy finish on the concrete floors is awesome! Open floor plan in each unit for the living room and kitchen! Each kitchen features custom oak cabinets with a grey finish, granite countertops, and ceramic tile backsplash! Each unit is 2 bedrooms and 1 full bath! All the appliances remain in each unit including the washer and dryers! Washer and dryer connections in each unit! Covered front porch! Private off street parking area in the rear! Call today to take advantage of the unique opportunity to own this 2 unit property in Downtown New Albany that is beautiful inside and out!

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Koerner,

    Property Advancement Realty

    Bought with:

    Faye Bailey, RB14046362

    Guthrie Realty Services LLC

    Source: SIRA,MLS#: 202608541MLS LogoOriginating MLS: Southern Indiana REALTORS Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Level: First
    Bedroom
    • Level: First
    Bedroom
    • Level: First
    Bedroom
    • Level: First
    Other
    • Level: First
    Other
    • Level: First
    Kitchen
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Living room
    • Level: First
    Heating
    • Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Microwave, Oven, Range, Refrigerator
    • Laundry: Main Level, Laundry Room
    Features
    • Breakfast Bar, Ceiling Fan(s), Main Level Primary, Open Floorplan, Utility Room
    • Windows: Thermal Windows
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,500
    • Total interior livable area: 1,500 sqft
    • Finished area above ground: 1,500
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Off Street
    Accessibility
    • Accessibility features: Accessibility Features
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Porch
    • Exterior features: Handicap Accessible, Paved Driveway, Porch
    Lot
    • Size: 2,831 Square Feet
    Details
    • Parcel number: 0086860044
    • Zoning: Residential
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: One Story
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Frame, Vinyl Siding
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 2023

    Utilities & green energy

    • Water: Connected, Public

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $182/sqft
    • Tax assessed value: $250,700
    • Annual tax amount: $5,075
    • Date on market: 5/22/2026
    • Cumulative days on market: 112 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/11/2026Sold$272,500-9.1%$182/sqft
    Source: SIRA #202608541 Report a problem
    7/20/2026Price change$299,8950%$200/sqft
    Source: SIRA #202608541 Report a problem
    6/30/2026Price change$299,900-7.7%$200/sqft
    Source: SIRA #202608541 Report a problem
    5/23/2026Listed for sale$324,900+6.6%$217/sqft
    Source: SIRA #202608541 Report a problem
    6/5/2024Listing removed--
    Source: SIRA #202406107 Report a problem
    5/1/2024Price change$304,900-3.2%$203/sqft
    Source: SIRA #202406107 Report a problem
    4/17/2024Price change$314,8500%$210/sqft
    Source: SIRA #202406107 Report a problem
    4/4/2024Price change$314,8750%$210/sqft
    Source: SIRA #202406107 Report a problem
    2/26/2024Listed for sale$314,900+0.3%$210/sqft
    Source: SIRA #202406107 Report a problem
    2/26/2024Listing removed--
    Source: SIRA #2023012090 Report a problem
    2/11/2024Pending sale$314,000$209/sqft
    Source: SIRA #2023012090 Report a problem
    1/22/2024Price change$314,000-0.3%$209/sqft
    Source: SIRA #2023012090 Report a problem
    12/15/2023Price change$314,9000%$210/sqft
    Source: SIRA #2023012090 Report a problem
    12/1/2023Listed for sale$315,000-1.2%$210/sqft
    Source: SIRA #2023012090 Report a problem
    11/28/2023Listing removed--
    Source: SIRA #202307980 Report a problem
    11/3/2023Price change$318,900-0.3%$213/sqft
    Source: SIRA #202307980 Report a problem
    10/12/2023Price change$319,900-3%$213/sqft
    Source: SIRA #202307980 Report a problem
    9/6/2023Price change$329,900-1.5%$220/sqft
    Source: SIRA #202307980 Report a problem
    8/10/2023Price change$334,900-3.7%$223/sqft
    Source: SIRA #202307980 Report a problem
    7/17/2023Price change$347,900-0.6%$232/sqft
    Source: SIRA #202307980 Report a problem
    5/31/2023Listed for sale$349,900+644.5%$233/sqft
    Source: SIRA #202307980 Report a problem
    3/21/2010Listing removed$47,000$31/sqft
    Source: Don Lincoln Realty, LLC #200907674 Report a problem
    2/11/2010Listed for sale$47,000$31/sqft
    Source: Don Lincoln Realty, LLC #200907674 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,670 +1511.1%$250,700 +14%
    2024$290 +2.5%$219,900 +2099%
    2023$283 -2.9%$10,000
    2022$291 -83.7%$10,000
    2021$1,791 +5.9%$10,000 -88%
    2020$1,691 +7.2%$83,100 +6%
    2019$1,578 -1.9%$78,400 +7.8%
    2018$1,608 -1.2%$72,700 -0.1%
    2017$1,628 -0.6%$72,800 +1%
    2016$1,638 +16.8%$72,100 +9.4%
    2014$1,402 +6.4%$65,900 -2.8%
    2013$1,318 -3.7%$67,800 -0.9%
    2012$1,368 -0.3%$68,400 -0.3%
    2011$1,372 +7.4%$68,600 +7.4%
    2010$1,278 +5.8%$63,900 +5.8%
    2009$1,208 $60,400 -4.9%
    2006-- $63,500 +33.4%
    2005-- $47,600
    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
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    $271,300
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    With Zillow Showcase(estimated)
    $276,726
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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    With Zillow Showcase(estimated)
    $276,726