Price Improvement! Welcome to 517 East 7th. St! A well-maintained duplex in the heart of New Albany near dining, entertainment, and shopping! This property features a 2bd 1.5b main level plus a studio 1bd 1b upstairs accessed from the rear of the house. Upgrades to the property include a new furnace and roof on the studio, flooring in main level bedroom, new decking and fresh paint throughout the main floor. Original hardwood floors throughout both units. So many possibilities with this home! Rent one unit and live in the other, convert to a single family with a simple remodel, or rent out both units for a steady stream of passive income! Unit A is currently vacant & Unit B is earning $425 per month. Inspections are welcome but home is being sold as-is.
Sold for $160,000
$160,000
517 E 7th Street, New Albany, IN 47150
3beds
1,593sqft
Duplex, Multi Family
Built in 1929
-- sqft lot
$189,500 Zestimate®
$100/sqft
$1,257 Estimated rent
Home value
$189,500
$174,000 - $205,000
$1,257/mo
Zestimate® history
Owner options
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$1,257/mo
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$1,016/mo
Est. payment
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$1,016/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Zachary Robbins,
eXp Realty, LLC
Bought with:
Chance Clark, RB15000979
EXIT Realty Choice
Source: SIRA,MLS#: 202407553
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
- Level: First
Bedroom
- Level: First
Bedroom
- Level: Second
Other
- Level: First
Other
- Level: Second
Half bath
- Level: First
Kitchen
- Level: First
Kitchen
- Level: Second
Living room
- Level: First
Living room
- Level: Second
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: Main Level, Laundry Room
Features
- Bookcases, Ceiling Fan(s), Eat-in Kitchen, Mud Room, Utility Room
- Windows: Blinds
- Basement: Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 1,593
- Total interior livable area: 1,593 sqft
- Finished area above ground: 1,593
- Finished area below ground: 0
Property
Parking
- Details: Off Street
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Covered, Deck, Porch
- Exterior features: Deck, Porch
Lot
- Size: 2,178 sqft
Details
- Parcel number: 0088140010
Construction
Type & style
- Home type: MultiFamily
- Architectural style: One and One Half Story
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Metal Siding
- Foundation: Block, Cellar
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1929
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
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2024 | Sold | $160,000-10.6%$100/sqft |
Source:  SIRA #202407553 Report a problem | ||
| 6/28/2024 | Pending sale | $179,000$112/sqft |
Source: SIRA #202407553 Report a problem | ||
| 6/12/2024 | Price change | $179,000-5.3%$112/sqft |
Source: SIRA #202407553 Report a problem | ||
| 5/14/2024 | Price change | $189,000-5%$119/sqft |
Source: SIRA #202407553 Report a problem | ||
| 4/30/2024 | Listed for sale | $199,000+73%$125/sqft |
Source: SIRA #202407553 Report a problem | ||
| 2/18/2022 | Sold | $115,000-7.9%$72/sqft |
Source: SIRA #2021012390 Report a problem | ||
| 12/6/2021 | Listed for sale | $124,900+233.1%$78/sqft |
Source: SIRA #2021012390 Report a problem | ||
| 3/30/2010 | Sold | $37,500$24/sqft |
Source: Agent Provided Report a problem | ||
| 1/16/2010 | Listed for sale | $37,500$24/sqft |
Source: RE/MAX One Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $947 -58.7% | $155,400 +47.7% |
| 2024 | $2,294 -1.7% | $105,200 -2.1% |
| 2023 | $2,333 +110.5% | $107,500 -1.7% |
| 2022 | $1,108 +1.8% | $109,400 +112.4% |
| 2021 | $1,089 +9.7% | $51,500 +2% |
| 2020 | $992 +0.5% | $50,500 +9.8% |
| 2019 | $988 -1.7% | $46,000 +1.1% |
| 2018 | $1,005 | $45,500 |
| 2017 | $1,005 +17.7% | $45,500 +0.9% |
| 2016 | $854 | $45,100 +7.9% |
| 2014 | $854 +2.2% | $41,800 +9.7% |
| 2013 | $836 +3.5% | $38,100 -5.7% |
| 2012 | $808 -32.1% | $40,400 -32.1% |
| 2011 | $1,190 | $59,500 |
| 2010 | $1,190 | $59,500 |
| 2009 | $1,190 -8.2% | $59,500 |
| 2007 | $1,296 | $59,500 -4.6% |
| 2006 | -- | $62,400 +37.1% |
| 2005 | -- | $45,500 |
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: 1.3 mi
- 7/10New Albany Senior High SchoolGrades: 9-12Distance: 0.7 mi
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$189,500
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- Indiana
- Floyd County
- New Albany
- 47150
- Midtown
- 517 E 7th Street
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