Sold for $235,000

$235,000

488 Alan Drive, New Albany, IN 47150

3beds

2,148sqft

Single Family Residence

Built in 1960

10,062 Square Feet Lot

$223,700 Zestimate^®

$109/sqft

$2,071 Estimated rent

Home value

$223,700

$213,000 - $235,000

$2,071/mo

Zestimate^® history

Owner options

List your home for rent

$2,071/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$2,071/mo

Rent Zestimate^®

Refinance and save

$1,476/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$1,476/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Low-maintenance backyardQuiet dead-end street

A spacious 2,148 sq ft ranch on a quiet dead-end street in New Albany offering a non-traditional floor plan with opportunity to reimagine and make your own. With 3 bedrooms and 2.5 baths, this home provides multiple living areas and additional rooms that allow for a variety of uses. Two interior bedrooms rooms feature dual entry points, including access to a large living and entertainment space filled with natural light. These rooms are well-suited for a home office, workout area, media room, or other creative uses depending on your needs. The layout presents an opportunity for buyers to reconfigure, or update based on their vision while taking advantage of the home’s overall square footage and versatility. Enjoy a low-maintenance backyard and a convenient location with quick access to the bridge into Louisville for an easy commute. A strong opportunity for buyers seeking space, value, and the ability to customize a home under $250K in the 47150 area.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Forced Air, Heat Pump

Cooling

Central Air

Appliances

Included: Dishwasher, Microwave, Refrigerator
Laundry: Laundry Closet, Main Level

Features

Has basement: No
Number of fireplaces: 1
Fireplace features: Gas

Interior area

Total structure area: 2,148
Total interior livable area: 2,148 sqft
Finished area above ground: 2,148
Finished area below ground: 0

Property

Parking

Parking features: Open
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Exterior features: Paved Driveway

Lot

Size: 10,062 Square Feet

Details

Parcel number: 0083820015
Zoning: Residential
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: One Story
Property subtype: Single Family Residence

Materials

Foundation: Slab
Roof: Shingle

Condition

Resale
New construction: No
Year built: 1960

Utilities & green energy

Sewer: Public Sewer
Water: Connected, Public

Community & HOA

Location

Region: New Albany

Financial & listing details

Price per square foot: $109/sqft
Tax assessed value: $205,600
Annual tax amount: $3,769
Date on market: 3/6/2026
Cumulative days on market: 124 days
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Paved

Price history

Date	Event	Price
7/8/2026	Sold	$235,000$109/sqft
Source: SIRA #202606462 Report a problem
5/26/2026	Listed for sale	$235,000$109/sqft
Source: SIRA #202606462 Report a problem
5/3/2026	Listing removed	$235,000$109/sqft
Source: SIRA #202606462 Report a problem
4/24/2026	Price change	$235,000-7.8%$109/sqft
Source: SIRA #202606462 Report a problem
4/1/2026	Listed for sale	$255,000-3.4%$119/sqft
Source: SIRA #202606462 Report a problem
3/16/2026	Listing removed	$264,000$123/sqft
Source: SIRA #202606462 Report a problem
3/10/2026	Listed for sale	$264,000$123/sqft
Source: SIRA #202606462 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,769 -2.7%	$205,600 +15.8%
2024	$3,875 +1.7%	$177,500 -1.9%
2023	$3,811 +4.5%	$181,000 +1.6%
2022	$3,647 -3%	$178,200 +5.4%
2021	$3,760 +8%	$169,000 -2.9%
2020	$3,483 +23.2%	$174,000 +8%
2019	$2,827 -4.7%	$161,100 +23.9%
2018	$2,968 +2.2%	$130,000 -0.9%
2017	$2,903 +8.6%	$131,200 +0.8%
2016	$2,674	$130,100 -1.3%
2014	$2,674 +1.1%	$131,800 +2.6%
2013	$2,644 +2%	$128,400 -0.7%
2012	$2,593 -7%	$129,300 -7.2%
2011	$2,789 +0%	$139,400
2010	$2,788 +0%	$139,400
2009	$2,788 +477.5%	$139,400 +49.7%
2007	$483	$93,100 -15.7%
2006	--	$110,500 +37.1%
2005	--	$80,600