Opportunity awaits at 626 W. 5th Street! This 3 bedroom, 1 bath home offers comfortable one level living and sits on an oversized lot (1.22 Acres) with plenty of room for outdoor entertaining, gardening, or future possibilities. Whether you're a first-time homebuyer, downsizing, or looking to expand your investment portfolio, this property provides incredible potential. Conveniently located just minutes from downtown New Albany's dining, shopping, and entertainment, with easy access to Louisville, this home combines affordability with a great location. Don't miss your chance to make it your own!
For sale
Price cut: $5K (8/3)
$185,000
626 W 5th Street, New Albany, IN 47150
3beds
800sqft
Single Family Residence
Built in 1967
1.22 Acres Lot
$-- Zestimate®
$231/sqft
$-- HOA
What's special
Comfortable one level living
- 31 days |
- 583 |
- 42 |
Zillow last checked:
Listing updated:
Listed by:
Kristin Nolot,
Lopp Real Estate Brokers,
Alison Koopman,
Lopp Real Estate Brokers
Source: SIRA,MLS#: 202609061
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Description: Flooring: Wood
- Level: First
- Dimensions: 9.8 x 9.4
Bedroom
- Description: Flooring: Wood
- Level: First
- Dimensions: 9.7 x 9.8
Bedroom
- Description: Flooring: Wood
- Level: First
- Dimensions: 10.9 x 9.3
Dining room
- Description: Flooring: Carpet
- Level: First
- Dimensions: 7.11 x 9.2
Other
- Description: Flooring: Tile
- Level: First
- Dimensions: 4.11 x 6.4
Kitchen
- Description: Flooring: Linoleum
- Level: First
- Dimensions: 8.9 x 9.8
Living room
- Description: Flooring: Carpet
- Level: First
- Dimensions: 17.5 x 9.2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Microwave, Oven, Range, Washer
- Laundry: In Basement, Other
Features
- Main Level Primary
- Basement: Full,Unfinished,Walk-Up Access
- Has fireplace: No
Interior area
- Total structure area: 800
- Total interior livable area: 800 sqft
- Finished area above ground: 800
- Finished area below ground: 0
Property
Parking
- Parking features: Carport
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Deck
Lot
- Size: 1.22 Acres
- Features: Dead End
Details
- Parcel number: 0087630047
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Frame
- Foundation: Poured
Condition
- Resale
- New construction: No
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: New Albany
Financial & listing details
- Price per square foot: $231/sqft
- Tax assessed value: $33,000
- Annual tax amount: $1,993
- Date on market: 6/9/2026
- Cumulative days on market: 75 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
$1,421/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Price change | $185,000-2.6%$231/sqft |
Source:  SIRA #202609061 Report a problem | ||
| 7/23/2026 | Listed for sale | $190,000$238/sqft |
Source: SIRA #202609061 Report a problem | ||
| 6/26/2026 | Listing removed | $190,000$238/sqft |
Source: SIRA #202609061 Report a problem | ||
| 6/9/2026 | Listed for sale | $190,000$238/sqft |
Source: SIRA #202609061 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $701 -26.7% | $33,000 |
| 2024 | $956 +2.5% | $33,000 |
| 2023 | $933 -2.9% | $33,000 |
| 2022 | $961 +2.5% | $33,000 |
| 2021 | $938 +3.3% | $33,000 |
| 2020 | $908 +0.2% | $33,000 |
| 2019 | $906 -1.6% | $33,000 |
| 2018 | $921 | $33,000 |
| 2017 | $921 +327.1% | $33,000 -56.5% |
| 2016 | $216 | $75,800 -0.5% |
| 2014 | $216 +0.4% | $76,200 +2% |
| 2013 | $215 -2.3% | $74,700 -3.5% |
| 2012 | $220 +52.7% | $77,400 +19.3% |
| 2011 | $144 +10.4% | $64,900 +2.5% |
| 2010 | $130 +9.7% | $63,300 |
| 2009 | $119 | $63,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 47150
Nearby schools
GreatSchools rating
- 7/10Nathaniel Scribner Middle SchoolGrades: 5-8Distance: 0.5 mi
- 4/10New Albany Senior High SchoolGrades: 9-12Distance: 1.4 mi
- 3/10S Ellen Jones Elementary SchoolGrades: PK-4Distance: 1.1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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