Great opportunity- 3 BR bungalow full of vintage charm and character! This 3-bedroom, 1- bath bungalow offers charm, space, and potential. Features include a formal dining area, eat-in kitchen, enclosed sunrooms in the front and back of the home, and a partially finished basement. The third bedroom is in the basement and does not have an egress window. There is a large family room in the basement and a shower that could be hooked up to plumbing that is already there. The basement also has a workshop area for work/hobbies. Ideal for first time home buyers or investors looking for a solid home with great bones and room to build equity. Located in the heart of New Albany it is in a fantastic location close to schools, shopping, restaurants and quick access to the interstate. The park-like backyard is including 2 extra lots behind the lot the house is on, and is huge with room to do all kinds of things with a total of over a half acre. Remodeled kitchen cabinets and countertop in 2025. First floor has new flooring - vinyl tile flooring. The first floor was painted in 2025. New water heater was installed in 2025. Don't miss out on this rare gem!! Sq ft & rm sz approx.
Sold for $175,000
$175,000
1731 McDonald Lane, New Albany, IN 47150
3beds
1,229sqft
Single Family Residence
Built in 1938
0.52 Acres Lot
$182,400 Zestimate®
$142/sqft
$1,525 Estimated rent
Home value
$182,400
$148,000 - $224,000
$1,525/mo
Zestimate® history
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List your homeWhat's special
Partially finished basementFormal dining areaOver a half acreEnclosed sunroomsWorkshop areaEat-in kitchenRemodeled kitchen cabinets
Zillow last checked:
Listing updated:
Listed by:
Amanda Conrey,
Schuler Bauer Real Estate Services ERA Powered (N
Bought with:
Beth Buskey, RB14050380
Keller Williams Collective
Source: SIRA,MLS#: 202508142
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Oven, Range
- Laundry: Main Level, Other
Features
- Separate/Formal Dining Room, Main Level Primary, Window Treatments
- Windows: Blinds
- Basement: Daylight,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 1,229
- Total interior livable area: 1,229 sqft
- Finished area above ground: 904
- Finished area below ground: 325
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Enclosed, Patio, Porch
- Exterior features: Covered Patio, Fence
- Fencing: Yard Fenced
- Has view: Yes
- View description: Park/Greenbelt, Scenic
Lot
- Size: 0.52 Acres
Details
- Additional structures: Garage(s)
- Parcel number: 220504301089000008
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Brick, Frame
- Foundation: Block, Cellar
Condition
- Resale
- New construction: No
- Year built: 1938
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: $142/sqft
- Tax assessed value: $101,900
- Annual tax amount: $527
- Date on market: 5/21/2025
- Cumulative days on market: 83 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2025 | Sold | $175,000$142/sqft |
Source:  SIRA #202508142 Report a problem | ||
| 5/21/2025 | Listed for sale | $175,000+337.5%$142/sqft |
Source: SIRA #202508142 Report a problem | ||
| 2/5/2015 | Sold | $40,000-19.8%$33/sqft |
Source: SIRA #201406522 Report a problem | ||
| 11/1/2014 | Listed for sale | $49,900+1021.3%$41/sqft |
Source: Schuler Bauer Real Estate ERA Powered #201406522 Report a problem | ||
| 10/20/2014 | Sold | $4,450-91.5%$4/sqft |
Source: Public Record Report a problem | ||
| 9/14/2014 | Listed for sale | $52,500$43/sqft |
Source: Schuler Bauer Real Estate Services ERA Powered (NA) #201406522 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $527 -2.1% | $101,900 +28.2% |
| 2024 | $538 -2.9% | $79,500 -1.9% |
| 2023 | $554 +9.4% | $81,000 +5.1% |
| 2022 | $506 +3.6% | $77,100 +7.4% |
| 2021 | $489 +17.8% | $71,800 |
| 2020 | $415 +1.5% | $71,800 +14% |
| 2019 | $408 -59.7% | $63,000 +0.8% |
| 2018 | $1,014 +143.6% | $62,500 |
| 2017 | $416 -32.3% | $62,500 -22.1% |
| 2016 | $615 | $80,200 -0.4% |
| 2014 | $615 -61.8% | $80,500 +2.5% |
| 2013 | $1,610 +0.5% | $78,500 -2% |
| 2012 | $1,602 -12.7% | $80,100 +40.3% |
| 2011 | $1,836 | $57,100 -37.8% |
| 2010 | $1,836 | $91,800 |
| 2009 | $1,836 | $91,800 |
Find assessor info on the county website
Neighborhood: 47150
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Nearby schools
GreatSchools rating
- 5/10Fairmont Elementary SchoolGrades: PK-4Distance: 0.5 mi
- 4/10Hazelwood Middle SchoolGrades: 5-8Distance: 1.2 mi
- 7/10New Albany Senior High SchoolGrades: 9-12Distance: 1.3 mi
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- Indiana
- Floyd County
- New Albany
- 47150
- 1731 McDonald Lane
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