Charming 2-bedroom, 1-bath home nestled on over an acre in New Albany, IN, with a unique industrial zoning designation and a grandfathered residential structure! This well-maintained property boasts a window and roof replacement completed in 2021, ensuring peace of mind for years to come. A versatile carport, equipped with electricity and hook-ups, offers the perfect space for work or hobbies. Enjoy the tranquil setting with a creek running through the property, adding a touch of nature right outside your door. Additional features include a water softener for enhanced water quality. This property’s zoning allows for exciting opportunities—don't miss out!
Sold for $215,000
$215,000
4305 Reas Lane, New Albany, IN 47150
2beds
915sqft
Single Family Residence
Built in 1929
1.78 Acres Lot
$233,700 Zestimate®
$235/sqft
$1,432 Estimated rent
Home value
$233,700
$201,000 - $271,000
$1,432/mo
Zestimate® history
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$1,353/mo
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Zillow last checked:
Listing updated:
Listed by:
Melissa Dietrich,
Keller Williams Realty Consultants,
Todd Paxton,
Keller Williams Realty Consultants
Bought with:
Sherry Wathen, RB15000131
Lopp Real Estate Brokers
Source: SIRA,MLS#: 2024011891
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: First
Bedroom
- Level: First
Family room
- Level: First
Other
- Level: First
Kitchen
- Level: First
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Microwave, Oven, Range, Refrigerator, Water Softener
Features
- Breakfast Bar, Kitchen Island, Main Level Primary, Open Floorplan, Split Bedrooms, Cable TV, Utility Room, Walk-In Closet(s)
- Windows: Blinds
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 915
- Total interior livable area: 915 sqft
- Finished area above ground: 915
- Finished area below ground: 0
Property
Parking
- Parking features: Carport
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Patio
Lot
- Size: 1.78 Acres
- Features: Corner Lot
Details
- Additional structures: Other
- Parcel number: 0052580088
- Zoning: Industrial
- Zoning description: Industrial
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Vinyl Siding
- Foundation: Crawlspace
Condition
- Resale
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & neighborhood
Location
- Region: New Albany
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2025 | Listing removed | $1,095$1/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1695024 Report a problem | ||
| 9/23/2025 | Price change | $1,095-8.4%$1/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1695024 Report a problem | ||
| 9/4/2025 | Price change | $1,195-4.4%$1/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1695024 Report a problem | ||
| 8/11/2025 | Listed for rent | $1,250$1/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1695024 Report a problem | ||
| 8/11/2025 | Listing removed | $1,250$1/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1690348 Report a problem | ||
| 6/20/2025 | Listed for rent | $1,250$1/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1690348 Report a problem | ||
| 6/10/2025 | Listing removed | $1,250$1/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1688564 Report a problem | ||
| 6/3/2025 | Listed for rent | $1,250-3.5%$1/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1688564 Report a problem | ||
| 5/27/2025 | Listing removed | $1,295$1/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1687208 Report a problem | ||
| 5/16/2025 | Listed for rent | $1,295$1/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1687208 Report a problem | ||
| 11/15/2024 | Sold | $215,000$235/sqft |
Source:  SIRA #2024011891 Report a problem | ||
| 10/31/2024 | Pending sale | $215,000$235/sqft |
Source: SIRA #2024011891 Report a problem | ||
| 10/29/2024 | Listed for sale | $215,000$235/sqft |
Source: SIRA #2024011891 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,606 +4.4% | $94,900 -5.1% |
| 2024 | $1,538 +11.3% | $100,000 +4.2% |
| 2023 | $1,382 +3.5% | $96,000 +8.1% |
| 2022 | $1,335 +2.4% | $88,800 +6.5% |
| 2021 | $1,304 +4.1% | $83,400 |
| 2020 | $1,252 +0.1% | $83,400 +0.7% |
| 2019 | $1,251 -7.6% | $82,800 +1.7% |
| 2018 | $1,354 | $81,400 -0.2% |
| 2017 | $1,354 +1.9% | $81,600 +0.5% |
| 2016 | $1,329 -2.9% | $81,200 +3.2% |
| 2014 | $1,368 +1% | $78,700 -2% |
| 2013 | $1,354 -0.6% | $80,300 -1.4% |
| 2012 | $1,363 +43.6% | $81,400 +33.9% |
| 2011 | $949 +0.5% | $60,800 +7.8% |
| 2010 | $944 +8.1% | $56,400 |
| 2009 | $873 +2.6% | $56,400 +7% |
| 2007 | $852 | $52,700 |
| 2006 | -- | $52,700 +45.6% |
| 2005 | -- | $36,200 |
Find assessor info on the county website
Neighborhood: 47150
Nearby schools
GreatSchools rating
- 4/10Mount Tabor SchoolGrades: PK-4Distance: 1.3 mi
- 4/10Hazelwood Middle SchoolGrades: 5-8Distance: 3.4 mi
- 7/10New Albany Senior High SchoolGrades: 9-12Distance: 3.4 mi
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- Indiana
- Floyd County
- New Albany
- 47150
- 4305 Reas Lane
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