New Construction
1816 E Market Street New Albany, IN
$ 150,000
Property Attributes
  • MLS#2020012337
  • TypeSingle Family
  • CountyFLOYD
  • CityNew Albany
  • AreaNew Albany
  • Zip47150
  • StyleResidential
  • Year Built1929
  • Taxes2453
  • Price$ 150,000
  • Bedrooms6
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3284
  • Lot Size3,920 SqFt
Listing Provided Courtesy Of:
Matt Schaefer with Schaefer Real Estate, LLC
Data Source:
Southern Indiana REALTORS Association, Inc.
Property Description

ATTENTION RENTAL PROPERTY INVESTORS! Five rental units; previously the building rented for $4,125 per month. Net cashflow after property taxes, insurance & utilities (owner pays electric, gas, water & sewer) was approx. $2910, per month!! The building is currently vacant so you can place your own tenants and/or do upgrades. Centrally located, just minutes from Downtown & all of the major Interstates. Cash and Conventional Loan Buyers Only. Sq ft & rm sz approx.

Price History
12/5/2020 Listed $160,000
1/11/2021 7% - $150,000

General Features

Cooling Wall/Window Unit(s)
Development Status Under Construction
Heating Radiant
Property SubType Residential
Property Type Residential
PropertyCondition Resale
Sewer Public Sewer
Structure Type Quadruplex
Terms Cash, Conventional
Township New Albany

Interior Features

Above Grade Finished Area 2614
Air Conditioning Y/N Yes
Basement Crawl Space, Exterior Entry, Finished
Fireplace Features Decorative
Fireplace Y/N Yes
Full Baths 5
Heating Y/N Yes
Living Area 3284
Total Baths 5
Total Bedrooms 6
Total Fireplaces 2

Exterior Features

Lot Size Acres 0.09
Lot Size Source Assessor
Lot Size Square Feet 3920
Water Source Connected, Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 47150

AVG $270K
AVG $1,915
AVG 40
Year Built
AVG 1966
AVG 34
Data Provided by Walkscore ® not using MLS data

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