Conveniently located off of Vincennes, this tri-plex can offer residual income. All are 1 bedroom units with two on the main level and one up. All metered per unit. Fenced back yard and some off street parking. There is a shared laundry area on the main level. Sq ft & rm sz approx.
Sold for $165,000
$165,000
516 Vincennes Street, New Albany, IN 47150
3beds
2,800sqft
Triplex, Multi Family
Built in 1929
-- sqft lot
$178,400 Zestimate®
$59/sqft
$1,142 Estimated rent
Home value
$178,400
$145,000 - $219,000
$1,142/mo
Zestimate® history
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$1,062/mo
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Zillow last checked:
Listing updated:
Listed by:
Tammy Hogan,
Schuler Bauer Real Estate Services ERA Powered (N,
Adam Hogan,
Schuler Bauer Real Estate Services ERA Powered (N
Bought with:
Tammy Hogan, RB14041563
Schuler Bauer Real Estate Services ERA Powered (N
Source: SIRA,MLS#: 2024011768
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Oven, Range, Refrigerator, Washer
Features
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 2,800
- Total interior livable area: 2,800 sqft
- Finished area above ground: 2,800
- Finished area below ground: 0
Property
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Covered, Deck, Porch
- Exterior features: Deck, Porch
Lot
- Size: 7,405 Square Feet
- Dimensions: 56 x 130
Details
- Parcel number: 220502801249000008
- Zoning: Multi Family
- Zoning description: Multi Family
Construction
Type & style
- Home type: MultiFamily
- Architectural style: One and One Half Story
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Wood Siding, Frame
- Foundation: See Remarks, Cellar
Condition
- Resale
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & HOA
Location
- Region: New Albany
Financial & listing details
- Price per square foot: $59/sqft
- Tax assessed value: $225,600
- Annual tax amount: $3,818
- Date on market: 10/24/2024
- Cumulative days on market: 127 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/28/2025 | Sold | $165,000-17.5%$59/sqft |
Source:  SIRA #2024011768 Report a problem | ||
| 10/25/2024 | Pending sale | $199,900$71/sqft |
Source: SIRA #2024011768 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,132 +8.2% | $225,600 +15.9% |
| 2024 | $3,818 +14.1% | $194,600 +8.8% |
| 2023 | $3,346 +13.3% | $178,900 +14% |
| 2022 | $2,953 +5.1% | $156,900 +14.4% |
| 2021 | $2,809 -3.4% | $137,200 +5.3% |
| 2020 | $2,908 -32.1% | $130,300 -3.3% |
| 2019 | $4,281 +59% | $134,800 +4.5% |
| 2018 | $2,692 | $129,000 +5.8% |
| 2017 | $2,692 +29.8% | $121,900 +0.9% |
| 2016 | $2,074 | $120,800 +12.9% |
| 2014 | $2,074 -3.1% | $107,000 +2.8% |
| 2013 | $2,140 -11.6% | $104,100 -14% |
| 2012 | $2,422 -2.4% | $121,100 -2.4% |
| 2011 | $2,482 +9% | $124,100 +9% |
| 2010 | $2,278 -9.2% | $113,900 -9.2% |
| 2009 | $2,510 | $125,500 |
Find assessor info on the county website
Neighborhood: 47150
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Nearby schools
GreatSchools rating
- 4/10Hazelwood Middle SchoolGrades: 5-8Distance: 0.4 mi
- 7/10New Albany Senior High SchoolGrades: 9-12Distance: 0.3 mi
- 7/10Slate Run Elementary SchoolGrades: PK-4Distance: 1.6 mi
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$178,400
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- Indiana
- Floyd County
- New Albany
- 47150
- 516 Vincennes Street
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