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For sale
    • Price cut: $25K (6/30)
    $299,900

    1422 E Elm Street, New Albany, IN 47150

    4beds
    1,500sqft
    : 
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    Duplex, Multi Family
    Built in 2023
    -- sqft lot
    $297,100 Zestimate®
    $200/sqft
    $-- HOA

    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!
    50 days
    |
    307
    |
    20
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Koerner,

    Property Advancement Realty

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

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      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

      • 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: $200/sqft
      • Tax assessed value: $250,700
      • Annual tax amount: $5,075
      • Date on market: 5/22/2026
      • Cumulative days on market: 51 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Paved

        Estimated market value

        $297,100

        $282,000 - $312,000

        $1,650/mo

        Price history

        DateEventPrice
        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

        Monthly payment

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        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Midtown

        Getting around

        78 / 100
        Very Walkable
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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