This mirror image DUPLEX is the perfect INVESTMENT opportunity! Each apartment has 2 bedrooms, 1 full bath, and a 1/2 bath. Each unit has an attached one car garage in the basement with inside stair entry leading to the individual apartment. The attached garage itself is a tenant's dream! The kitchen is nice and open to allow for an eat in table. This duplex brings in a total of $1800/month. Apartment A has a long term tenant who is on a month-to-month lease bringing in $650/month. Apartment B is bringing in $1,150/month. Apartment B has been completely redone top to bottom and has potential to rent for $1400/month or better yet, live in one and let the other pay your mortgage! Mandatory 48 hours notice for all showings. All square footage and room sizes are approximate.
Sold for $225,000
$225,000
245 Cherry Street, New Albany, IN 47150
4beds
1,994sqft
Duplex, Multi Family
Built in 1990
-- sqft lot
$247,700 Zestimate®
$113/sqft
$1,247 Estimated rent
Home value
$247,700
$233,000 - $263,000
$1,247/mo
Zestimate® history
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$1,247/mo
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$1,425/mo
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$1,425/mo
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Zillow last checked:
Listing updated:
Listed by:
Sara Taylor-Hughes,
eXp Realty, LLC
Bought with:
Bryce Cariel, RB19000922
Caperton Realty
Source: SIRA,MLS#: 202407018
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Primary bedroom
- Level: Second
- Dimensions: 10 x 13
Bedroom
- Level: Second
- Dimensions: 10 x 12
Other
- Level: Second
Half bath
- Level: First
Kitchen
- Description: also has a laundry closet
- Level: First
- Dimensions: 12 x 13
Living room
- Level: First
- Dimensions: 13 x 13.5
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer
- Laundry: Laundry Closet, Main Level
Features
- Ceiling Fan(s), Eat-in Kitchen, Utility Room
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,994
- Total interior livable area: 1,994 sqft
- Finished area above ground: 1,994
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Basement
- Garage spaces: 1
- Details: Off Street
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.26 Acres
Details
- Parcel number: 220503401369000008
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- Resale
- New construction: No
- Year built: 1990
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & neighborhood
Location
- Region: New Albany
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/20/2024 | Sold | $225,000-5.9%$113/sqft |
Source:  SIRA #202407018 Report a problem | ||
| 5/12/2024 | Pending sale | $239,000$120/sqft |
Source: SIRA #202407018 Report a problem | ||
| 4/25/2024 | Listed for sale | $239,000$120/sqft |
Source: SIRA #202407018 Report a problem | ||
| 4/12/2024 | Pending sale | $239,000$120/sqft |
Source: SIRA #202407018 Report a problem | ||
| 4/9/2024 | Listed for sale | $239,000+11.2%$120/sqft |
Source: SIRA #202407018 Report a problem | ||
| 10/19/2023 | Listing removed | -- |
Source: SIRA #202309992 Report a problem | ||
| 8/28/2023 | Pending sale | $214,900$108/sqft |
Source: SIRA #202309992 Report a problem | ||
| 8/25/2023 | Listed for sale | $214,900+50.8%$108/sqft |
Source: SIRA #202309992 Report a problem | ||
| 2/1/2021 | Sold | $142,500-5%$71/sqft |
Source: SIRA #2020012275 Report a problem | ||
| 12/8/2020 | Listed for sale | $150,000+18.1%$75/sqft |
Source: Keller Williams Realty #2020012275 Report a problem | ||
| 9/27/2018 | Sold | $127,000-2.2%$64/sqft |
Source: SIRA #2018010601 Report a problem | ||
| 8/10/2018 | Price change | $129,900-3.7%$65/sqft |
Source: Schuler Bauer Real Estate Services ERA Powered (N #2018010601 Report a problem | ||
| 4/10/2018 | Listed for sale | $134,900$68/sqft |
Source: Schuler Bauer Real Estate ERA Powered #201806371 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,703 -2.4% | $148,700 +16.8% |
| 2024 | $2,770 -1.5% | $127,300 -1.9% |
| 2023 | $2,813 +121.2% | $129,800 -1.6% |
| 2022 | $1,272 +2.7% | $131,900 +8.3% |
| 2021 | $1,238 +21% | $121,800 -0.5% |
| 2020 | $1,023 +54.6% | $122,400 +9.5% |
| 2019 | $662 -69.5% | $111,800 +30.8% |
| 2018 | $2,172 | $85,500 +0.8% |
| 2017 | $2,172 +6.3% | $84,800 +0.8% |
| 2016 | $2,044 | $84,100 -24.1% |
| 2014 | $2,044 -7.8% | $110,800 +5.2% |
| 2013 | $2,216 -21.6% | $105,300 -25.5% |
| 2012 | $2,826 +27.3% | $141,300 +27.3% |
| 2011 | $2,220 | $111,000 |
| 2010 | $2,220 | $111,000 |
| 2009 | $2,220 | $111,000 |
Find assessor info on the county website
Neighborhood: 47150
Nearby schools
GreatSchools rating
- 5/10Nathaniel Scribner Middle SchoolGrades: 5-8Distance: 0.5 mi
- 7/10New Albany Senior High SchoolGrades: 9-12Distance: 1.3 mi
- 6/10S Ellen Jones Elementary SchoolGrades: PK-4Distance: 1 mi
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- Indiana
- Floyd County
- New Albany
- 47150
- 245 Cherry Street
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