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Off market
  • $140,300

    516 E Elm St, New Albany, IN 47150

    2beds
    968sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $140,300 Zestimate®
    $145/sqft
    $1,216 Estimated rent

    Home value

    $140,300

    $121,000 - $159,000

    $1,216/mo

    Zestimate® history
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    $1,216/mo

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    $1,216/mo

    Rent Zestimate®

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    $886/mo

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    $886/mo

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    What's special

    Washer and dryer hookupsComfortable bedroomsFrench doorsOriginal natural woodBeautiful original fireplace mantleUpdated kitchenNew flooring

    Experience the best of downtown New Albany in this charming and freshly updated 2-bedroom, 1-bathroom home. The large front room provides flexibility for a TV room, office, or third bedroom! This residence offers a fantastic location, placing you just minutes from a host of local favorites, including popular restaurants and shopping. Inside, you'll find a thoughtfully renovated living space designed for comfort and modern style. The home features new flooring, fresh paint, and an updated kitchen with new cabinetry, countertops, and new appliances. The two comfortable bedrooms provide a quiet retreat, perfect for unwinding. Fall in love with the original natural wood in the living room, french doors leading into the dining room, a beautiful original fireplace mantle with ceramic tile. Washer and dryer hookups present! Don't miss out on your opportunity to experience vintage charm mixed with modern updates and a fantastic location! Contact us today! We are open to month-to-month and rent-to-own options as well! Important Details: Utilities: Tenants are responsible for all utilities (electric, gas, water, sewer, etc.). The average total monthly utility cost is approximately $240, based on year-round averages. Pet Policy: We are a pet-friendly property! We welcome your furry companions with an additional monthly fee of $25 per cat and $50 per dog. Please note that some pets may not require an additional fee, but all pets must be approved prior to move-in.

    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: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Appliances
    • Included: Refrigerator, Stove, WD Hookup
    • Laundry: Hookups, None
    Features
    • WD Hookup
    Interior area
    • Total interior livable area: 968 sqft

    Property

    Parking
    • Parking features: Off Street
    • Details: Contact manager
    Features
    • Exterior features: Electricity not included in rent, Gas not included in rent, No Utilities included in rent, Sewage not included in rent, Water not included in rent
    Details
    • Parcel number: 220503500160000008

    Construction

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

    Community & neighborhood

    Location
    • Region: New Albany

    HOA & financial

    Other fees
    • Deposit fee: $1,000

    Other

    Other facts
    • Available date: 10/06/2025

    Price history

    DateEventPrice
    10/17/2025Listing removed$1,425$1/sqft
    Source: Zillow Rentals Report a problem
    10/11/2025Price change$1,425+3.6%$1/sqft
    Source: Zillow Rentals Report a problem
    10/3/2025Price change$1,375-5.2%$1/sqft
    Source: Zillow Rentals Report a problem
    9/26/2025Listed for rent$1,450+45%$1/sqft
    Source: Zillow Rentals Report a problem
    2/22/2023Listing removed--
    Source: Zillow Rentals Report a problem
    2/17/2023Listed for rent$1,000+11.1%$1/sqft
    Source: Zillow Rentals Report a problem
    3/16/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    2/26/2021Listed for rent$900$1/sqft
    Source: Zillow Rental Manager Report a problem
    10/23/2020Listing removed$900$1/sqft
    Source: Owner Report a problem
    10/20/2020Listed for rent$900$1/sqft
    Source: Owner Report a problem
    6/30/2017Sold$32,000-13.5%$33/sqft
    Source: SIRA #201705213 Report a problem
    4/25/2017Price change$37,000-22.1%$38/sqft
    Source: RE/MAX FIRST (JEFFERSONVILLE NEW ALBANY) #201705213 Report a problem
    3/19/2017Listed for sale$47,500-4.8%$49/sqft
    Source: RE/MAX FIRST (JEFFERSONVILLE NEW ALBANY) #201705213 Report a problem
    1/24/2015Listing removed$49,900$52/sqft
    Source: RE/MAX Results #201406272 Report a problem
    9/4/2014Listed for sale$49,900+467%$52/sqft
    Source: RE/MAX Results #201406272 Report a problem
    5/11/2009Sold$8,800$9/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$809 -2.3%$44,300 +16.3%
    2024$828 -1.7%$38,100 -1.8%
    2023$842 +7%$38,800 -1.8%
    2022$788 +2.1%$39,500 +7.9%
    2021$772 +9.4%$36,600 +2.2%
    2020$705 +0.3%$35,800 +9.5%
    2019$703 -1.4%$32,700 +0.9%
    2018$713 $32,400 +0.3%
    2017$713 +11.5%$32,300 +0.9%
    2016$640 +6.3%$32,000 +6.7%
    2014$602 -0.1%$30,000 +8.7%
    2013$603 +3.2%$27,600 -5.2%
    2012$584 -3.6%$29,100 -4%
    2011$606 $30,300
    2010$606 $30,300
    2009$606 $30,300

    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating
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    $143,106