Location, potential and space! Investor Opportunity in Downtown New Albany! This traditional shotgun style home offers 4 bedrooms, 1 bath, and plenty of potential for investors or buyers ready to take on a renovation project. Several improvements have already been completed, including new windows throughout the home in 2023, a new shingle roof installed by JT Roofs after removal of the old metal roofing
and replacement of the roof decking, and new gutters throughout. The bathroom has seen updates, including a newer bathtub faucet, tile, vanity, medicine cabinet, lighting, fixtures, paint, and flooring. Improvements to the first-floor living room, two bedrooms, and dining room include new OSB subflooring and various vinyl flooring finishes, along with fresh paint in the living room and both first-floor bedrooms.
Additional updates include new ceiling fans in the kitchen and living room, a new gas line beneath the home extending to the exterior meter, insulation and replacement of the walls and ceilings in the utility room, a new privacy fence, and an outdoor storage shed. The home has a furnace but no central air; window units provide cooling. While several updates have been made, the property still needs TLC, offering an opportunity to bring your vision and make it your own. Conveniently located in downtown New Albany, close to local amenities and everyday conveniences. Bring your ideas and explore the potential this property has to offer! BEING SOLD AS IS
For sale
$104,900
613 E 5th Street, New Albany, IN 47150
4beds
1,448sqft
Single Family Residence
Built in 1929
4,791 Square Feet Lot
$123,800 Zestimate®
$72/sqft
$-- HOA
What's special
New privacy fenceOutdoor storage shedNew gutters throughout
- 2 days
- 313
- 30
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kim LaPilusa,
GreenTree Real Estate Services
Source: SIRA,MLS#: 2026012521
Originating MLS: Southern Indiana REALTORS Association
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air
Cooling
- Window Unit(s), WallWindow Unit(s)
Appliances
- Included: Oven, Range
Features
- Eat-in Kitchen, Main Level Primary
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,448
- Total interior livable area: 1,448 sqft
- Finished area above ground: 1,448
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 0087760015
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Crawlspace
Condition
- New construction: No
- Year built: 1929
Utilities & green energy
- Water: Connected, Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: New Albany
Financial & listing details
- Price per square foot: $72/sqft
- Tax assessed value: $43,600
- Annual tax amount: $919
- Date on market: 10/14/2026
- Listing terms: Conventional
- Road surface type: Paved
Estimated market value
$123,800
$100,000 - $149,000
$1,484/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2026 | Listed for sale | $104,900+57.7%$72/sqft |
Source: | ||
| 1/31/2023 | Sold | $66,500-3.6%$46/sqft |
Source: | ||
| 1/9/2023 | Pending sale | $68,990$48/sqft |
Source: | ||
| 12/22/2022 | Price change | $68,9900%$48/sqft |
Source: | ||
| 11/21/2022 | Price change | $69,000-8%$48/sqft |
Source: | ||
| 10/24/2022 | Listed for sale | $75,000$52/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $803 -2.3% | $43,600 +15.3% |
| 2024 | $822 -1.5% | $37,800 -1.8% |
| 2023 | $834 +6.5% | $38,500 -1.5% |
| 2022 | $783 +1.8% | $39,100 +7.4% |
| 2021 | $770 +8.8% | $36,400 +2% |
| 2020 | $708 +0.3% | $35,700 +8.8% |
| 2019 | $705 -1.4% | $32,800 +0.9% |
| 2018 | $716 | $32,500 +0.3% |
| 2017 | $716 +17.3% | $32,400 +0.9% |
| 2016 | $610 | $32,100 -19.3% |
| 2014 | $610 -23.4% | $39,800 +8.7% |
| 2013 | $796 +3.1% | $36,600 -5.2% |
| 2012 | $772 -7.7% | $38,600 -7.7% |
| 2011 | $836 | $41,800 |
| 2010 | $836 | $41,800 |
| 2009 | $836 | $41,800 |
Find assessor info on the county website
Monthly payment
Est. payment







