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Off market
  • $257,600

    515 Hoffman Dr, New Albany, IN 47150

    1beds
    200sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $257,600 Zestimate®
    $1,288/sqft
    $1,065 Estimated rent

    Home value

    $257,600

    $245,000 - $273,000

    $1,065/mo

    Zestimate® history
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    What's special

    On-site laundryPrivate roomLiving spaceShared kitchen

    Private furnished room available in a clean, well-maintained shared home in New Albany, just minutes from downtown New Albany / I-64 / the Sherman Minton Bridge to Louisville. This is a quiet, professionally managed house with a responsive on-call owner who handles all maintenance. All utilities are included: electric, gas, water, sewer, trash, and high-speed internet are covered up to a generous household cap, so there are no surprise bills to set up or split. The home offers a shared kitchen, living space, and on-site laundry, plus an assigned parking space for every tenant. Each tenant gets their own private room, with shared common areas kept tidy by a household that values calm and respect. This is a substance-free, smoke-free home with quiet hours and a no-guest policy, which makes it a great fit for focused professionals, students, or anyone who prefers a peaceful, drama-free living environment over a party house. Flexible six-month minimum, then month-to-month. Move-in ready. Private room in a shared 4-tenant home. Rent and deposit are individual per tenant. Term: Six-month initial term, then month-to-month. Either party can end the month-to-month with 30 days' written notice. Leaving before the three-month minimum keeps you responsible for rent until the room is re-rented. Rent: Due on the 1st (first month prorated to move-in). Late fee of $5/day after the 4th, capped at $100/month. $35 fee on returned payments. Deposit: One security deposit due before move-in, returned within 45 days of move-out per Indiana law, less any unpaid rent, damage beyond normal wear, or cleaning. Utilities & internet: Owner covers electric, gas, water, sewer, trash, and internet up to a combined household average of $330/month (rolling 3-month basis). Any overage is split equally among current tenants. Tenants supply their own toiletries and household consumables. Substance-free home: No smoking, vaping, or tobacco anywhere on the property, indoors or out. No alcohol, drugs, or paraphernalia. No firearms or weapons. No open flames (candles, incense) and no high-draw appliances like space heaters or deep fryers. No pets (FHA-protected service animals handled separately in writing). No guests overnight or daytime. This protects every tenant's privacy and quiet enjoyment in a shared home. No subletting or short-term listings (Airbnb/VRBO). Parking: One assigned space per tenant. No RVs, trailers, boats, or inoperable vehicles on the property. Other: Shoes off past the front landing. Quiet hours 10 PM 10 AM. Tenants keep their own room clean and share upkeep of common areas. Maintenance issues reported to the owner within 24 hours; owner handles all repairs. 24 hours' notice for owner entry.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Carpet, Hardwood, Tile
    • Furnished: Yes
    Interior area
    • Total interior livable area: 200 sqft

    Property

    Parking
    • Parking features: Off Street
    • Details: Contact manager
    Features
    • Exterior features: Bicycle storage, Electricity included in rent, Garbage included in rent, Gas included in rent, Internet included in rent, Sewage included in rent, Utilities fee required, Utilities included in rent, Water included in rent
    Details
    • Parcel number: 220503500030000008

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Utilities & green energy

    • Utilities for property: Electricity, Garbage, Gas, Internet, Sewage, Water

    Community & HOA

    Community
    • Deposit fee: $502
    Location
    • Region: New Albany

    Financial & listing details

    • Price per square foot: $1,288/sqft
    • Tax assessed value: $268,700
    • Annual tax amount: $2,284
    • Date on market: 6/29/2026
    • Date available: 06/29/2026
    • Lease term: 6 Month

    Price history

    DateEventPrice
    6/30/2026Listed for rent$500$3/sqft
    Source: Zillow Rentals Report a problem
    4/24/2019Sold$190,000+2.8%$950/sqft
    Source: SIRA #201906588 Report a problem
    3/22/2019Listed for sale$184,900+393.1%$925/sqft
    Source: eXp Realty, LLC #201906588 Report a problem
    11/24/2014Listing removed$37,500$188/sqft
    Source: Good Neighbor Next Door Realty Report a problem
    11/19/2014Listed for sale$37,500-77.4%$188/sqft
    Source: Good Neighbor Next Door Realty Report a problem
    8/25/2014Sold$165,913+3.7%$830/sqft
    Source: Public Record Report a problem
    2/26/2012Listing removed$159,990$800/sqft
    Source: RE/MAX One #201105995 Report a problem
    8/26/2011Listed for sale$159,990$800/sqft
    Source: RE/MAX One #201105995 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,284 -4.5%$268,700 +24.7%
    2024$2,393 +8.7%$215,500 -4.2%
    2023$2,202 +11%$225,000 +8.9%
    2022$1,984 -0.2%$206,600 +11.7%
    2021$1,987 +20%$185,000
    2020$1,656 +48%$185,000 +19.5%
    2019$1,119 -8.3%$154,800 +31.1%
    2018$1,220 $118,100 -3.9%
    2017$1,220 -0.1%$122,900 +0.9%
    2016$1,222 $121,800 -0.4%
    2014$1,222 -50%$122,300 -0.2%
    2013$2,446 -2.2%$122,500 -2%
    2012$2,500 +3.4%$125,000 +3.4%
    2011$2,418 $120,900
    2010$2,418 $120,900
    2009$2,418 -8.2%$120,900
    2007$2,633 $120,900 +15.8%
    2005-- $104,400
    Find assessor info on the county website

    Neighborhood: 47150

    Nearby schools

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