Great Downtown New Albany Location! This spacious single-family home at 1501 E Elm Street offers 2 bedrooms, 1 full bath, and a laundry room. The beautiful gas fireplace in the family room adds warmth and charm to the living space. The low-maintenance fenced-in backyard provides privacy and a great outdoor area for relaxation or entertaining. Plus, the new water heater ensures convenience and efficiency. With easy access to main roads, this charming property is exactly what you are looking for at an extremely affordable price. If you’re in the market for a cozy home in a convenient location, this is it!
Sold for $140,700
$140,700
1501 E Elm Street, New Albany, IN 47150
2beds
988sqft
Single Family Residence
Built in 1929
2,178 Square Feet Lot
$166,400 Zestimate®
$142/sqft
$1,213 Estimated rent
Home value
$166,400
$156,000 - $176,000
$1,213/mo
Zestimate® history
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$893/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jordan Rajchel,
Keller Williams Louisville
Bought with:
Lindsay Vallandingham, RB22000223
Keller Williams Collective
Source: SIRA,MLS#: 202409039
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Description: Flooring: Engineered Hardwood
- Level: First
- Dimensions: 11 x 13
Bedroom
- Description: Flooring: Engineered Hardwood
- Level: First
- Dimensions: 9 x 14
Dining room
- Description: Flooring: Engineered Hardwood
- Level: First
- Dimensions: 12 x 12
Family room
- Description: Flooring: Engineered Hardwood
- Level: First
- Dimensions: 15 x 17
Other
- Description: Flooring: Tile
- Level: First
- Dimensions: 5 x 9
Kitchen
- Description: Flooring: Tile
- Level: First
- Dimensions: 9 x 14
Other
- Description: Flooring: Engineered Hardwood
- Level: First
- Dimensions: 8 x 8
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: Main Level, Laundry Room
Features
- Ceiling Fan(s), Separate/Formal Dining Room, Main Level Primary, Mud Room, Pantry, Cable TV, Utility Room
- Windows: Blinds
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 988
- Total interior livable area: 988 sqft
- Finished area above ground: 988
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Fence, Landscaping, Patio
- Fencing: Yard Fenced
Lot
- Size: 2,178 Square Feet
Details
- Additional structures: Shed(s)
- Parcel number: 0086860008
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Frame
- Foundation: Crawlspace
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: New Albany
Financial & listing details
- Price per square foot: $142/sqft
- Tax assessed value: $114,300
- Annual tax amount: $580
- Date on market: 7/1/2024
- Cumulative days on market: 28 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2024 | Sold | $140,700+0.5%$142/sqft |
Source:  SIRA #202409039 Report a problem | ||
| 7/2/2024 | Pending sale | $140,000$142/sqft |
Source: SIRA #202409039 Report a problem | ||
| 7/1/2024 | Listed for sale | $140,000+9.4%$142/sqft |
Source: SIRA #202409039 Report a problem | ||
| 9/16/2022 | Sold | $128,000-8.2%$130/sqft |
Source: SIRA #202209973 Report a problem | ||
| 7/13/2022 | Listed for sale | $139,500$141/sqft |
Source: SIRA #202209973 Report a problem | ||
| 7/3/2022 | Listing removed | -- |
Source: SIRA #202209973 Report a problem | ||
| 6/30/2022 | Price change | $139,500-3.8%$141/sqft |
Source: SIRA #202209973 Report a problem | ||
| 6/27/2022 | Listed for sale | $144,999$147/sqft |
Source: SIRA #202209973 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $876 +51% | $114,300 +13.3% |
| 2024 | $580 -4.2% | $100,900 +20.7% |
| 2023 | $605 +39.2% | $83,600 -1.3% |
| 2022 | $435 +3.6% | $84,700 +15.7% |
| 2021 | $420 +11.1% | $73,200 |
| 2020 | $378 +10.1% | $73,200 +6.2% |
| 2019 | $343 -1.3% | $68,900 +7.7% |
| 2018 | $347 | $64,000 +0.5% |
| 2017 | $347 +9.1% | $63,700 +1% |
| 2016 | $319 +3.8% | $63,100 +24% |
| 2014 | $307 +14.3% | $50,900 -2.9% |
| 2013 | $269 +1% | $52,400 -1.3% |
| 2012 | $266 -69.8% | $53,100 +20.7% |
| 2011 | $880 | $44,000 |
| 2010 | $880 +5.5% | $44,000 +5.5% |
| 2009 | $834 -6.1% | $41,700 +2.2% |
| 2007 | $889 | $40,800 |
Find assessor info on the county website
Neighborhood: Midtown
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Nearby schools
GreatSchools rating
- 6/10S Ellen Jones Elementary SchoolGrades: PK-4Distance: 0.2 mi
- 5/10Nathaniel Scribner Middle SchoolGrades: 5-8Distance: 1.7 mi
- 7/10New Albany Senior High SchoolGrades: 9-12Distance: 0.4 mi
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- Indiana
- Floyd County
- New Albany
- 47150
- Midtown
- 1501 E Elm Street
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