BE THE FIRST TO SEE THIS STUNNING NEW ALBANY CLASSIC - Located just minutes from the heart of New Albany, this 3 bedroom, 2.5 bath gorgeous home features 1824 finished square feet of newly refinished handsome living space. From the covered front porch all the way through the home you'll be delighted with the finishes and the spaciousness. Beautiful refinished original wood flooring and original woodwork, updated kitchen cabinets, granite countertops, stainless steel appliances. There's a half bath conveniently located on the main floor. Head upstairs to 3 bedrooms and 2 full baths along with a well-placed laundry room. The primary bathroom has custom tile, a double vanity and a walk-in shower. The 2nd full bath has a charming clawfoot tub. All of the plumbing, HVAC, electrical were updated within the past 2 years. The backyard hardscape/landscape looks like a Southern Living magazine with professional design, privacy fenced backyard and firepit. Downtown New Albany living offers stores, restaurants, bakery, schools all within walking distance. Call for your appointment today! Many financing options are available for qualifying buyers including a $15,000 grant program. Call list agents for details. Sq ft & rm sz approx.
Sold for $318,500
$318,500
516 E 5th Street, New Albany, IN 47150
3beds
1,824sqft
Single Family Residence
Built in 1913
3,049.2 Square Feet Lot
$342,700 Zestimate®
$175/sqft
$1,831 Estimated rent
Home value
$342,700
$281,000 - $415,000
$1,831/mo
Zestimate® history
Owner options
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$1,831/mo
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$1,903/mo
Est. payment
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$1,903/mo
Est. payment
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List your homeWhat's special
Covered front porchCustom tileDouble vanityOriginal woodworkCharming clawfoot tubGranite countertopsUpdated kitchen cabinets
Zillow last checked:
Listing updated:
Listed by:
Terri K Jordan,
Schuler Bauer Real Estate Services ERA Powered (N,
Sherri Banet,
Schuler Bauer Real Estate Services ERA Powered (N
Bought with:
Casey Churchill, RB18001563
RE/MAX Advantage
Source: SIRA,MLS#: 202505218
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Bedroom
- Description: Flooring: Wood
- Level: Second
- Dimensions: 10.4 x 13
Bedroom
- Description: Flooring: Wood
- Level: Second
- Dimensions: 10.8 x 11
Bedroom
- Description: Flooring: Wood
- Level: Second
- Dimensions: 15 x 13
Dining room
- Description: Flooring: Wood
- Level: First
- Dimensions: 11.6 x 17.6
Other
- Description: main bedroom en suite,Flooring: Tile
- Level: Second
- Dimensions: 15 x 4.6
Other
- Description: clawfoot tub,Flooring: Tile
- Level: Second
- Dimensions: 7.3 x 7.3
Half bath
- Description: Flooring: Tile
- Level: First
- Dimensions: 82 x 4.3
Kitchen
- Description: Flooring: Tile
- Level: First
- Dimensions: 10.2 x 10.5
Living room
- Description: Flooring: Wood
- Level: First
- Dimensions: 15 x 18
Other
- Description: laundry,Flooring: Tile
- Level: Second
- Dimensions: 3.5 x 5
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer
- Laundry: Laundry Room, Upper Level
Features
- Bookcases, Ceiling Fan(s), Separate/Formal Dining Room, Bath in Primary Bedroom, Walk-In Closet(s)
- Basement: Daylight,Full,Unfinished,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 1,824
- Total interior livable area: 1,824 sqft
- Finished area above ground: 1,824
- Finished area below ground: 0
Property
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Covered, Patio, Porch
- Exterior features: Fence, Landscaping, Porch, Patio
- Fencing: Yard Fenced
Lot
- Size: 3,049 sqft
Details
- Parcel number: 220503500167000008
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One and One Half Story
- Property subtype: Single Family Residence
Materials
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1913
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: New Albany
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/3/2025 | Sold | $318,500-0.9%$175/sqft |
Source:  SIRA #202505218 Report a problem | ||
| 2/4/2025 | Pending sale | $321,500$176/sqft |
Source: SIRA #202505218 Report a problem | ||
| 1/15/2025 | Listed for sale | $321,500-2.5%$176/sqft |
Source: SIRA #202505218 Report a problem | ||
| 1/3/2025 | Listing removed | $1,970$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/29/2024 | Listed for rent | $1,970$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/6/2024 | Listing removed | $329,900$181/sqft |
Source:  Semonin Realtors #2024011692 Report a problem | ||
| 10/21/2024 | Listed for sale | $329,900+13.8%$181/sqft |
Source: SIRA #2024011692 Report a problem | ||
| 3/20/2023 | Sold | $289,900$159/sqft |
Source: SIRA #202305099 Report a problem | ||
| 1/9/2023 | Listed for sale | $289,900$159/sqft |
Source: SIRA #202305099 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,123 -1.9% | $135,600 +17.1% |
| 2024 | $1,144 -39.9% | $115,800 -2% |
| 2023 | $1,902 +187.5% | $118,200 +32.7% |
| 2022 | $661 +8.5% | $89,100 +8.1% |
| 2021 | $610 +25.8% | $82,400 +2.1% |
| 2020 | $485 -33.7% | $80,700 +10.1% |
| 2019 | $731 +50.8% | $73,300 +1% |
| 2018 | $485 | $72,600 +0.1% |
| 2017 | $485 +6.6% | $72,500 +1% |
| 2016 | $455 | $71,800 +7.3% |
| 2014 | $455 -0.8% | $66,900 +9.1% |
| 2013 | $459 +10.4% | $61,300 -5.1% |
| 2012 | $416 -2.8% | $64,600 -6.9% |
| 2011 | $428 +2.9% | $69,400 |
| 2010 | $416 +12.5% | $69,400 |
| 2009 | $369 +6.3% | $69,400 |
| 2007 | $347 | $69,400 -4.7% |
| 2006 | -- | $72,800 +36.6% |
| 2005 | -- | $53,300 |
Find assessor info on the county website
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 6/10S Ellen Jones Elementary SchoolGrades: PK-4Distance: 0.3 mi
- 5/10Nathaniel Scribner Middle SchoolGrades: 5-8Distance: 1.2 mi
- 7/10New Albany Senior High SchoolGrades: 9-12Distance: 0.8 mi
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$342,700
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- Indiana
- Floyd County
- New Albany
- 47150
- Midtown
- 516 E 5th Street
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