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25
Photos
609 & 611 E Spring Street, New Albany, IN 47150
$447,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
2,312
sqft
Built in
1864
ATTENTION INVESTORS AND ENTREPRENEURS!!! This is a unique opportunity this property will transfer with a 210 LIQUOR PERMIT (beer, liquor, wine, and carryout). Floyd County is only allotted a specific amount and that quota has been filled. This is a very difficult permit to obtain. The current owner had been approved to open a Speakeasy bourbon bar. This 2-story historic home is located in the heart of downtown New Albany. You have a highly visible front porch along busy East Spring St. The detailed architecture boasts quality craftsmanship and extensive millwork with original wide plank hardwood floors, built in bookcases, cabinetry and extensive crown moldings. The home offers 3 decorative fireplaces, beautiful bay window. The grand foyer leads to an open staircase and 3 large bedrooms/offices, a bonus room, and an updated bathroom. The home has 12 dedicated parking spaces and a beautiful garden area. The opportunities are endless whether you are in the market to make this a fine restaurant, bar, professional office space - It checks all the boxes.
Features & Amenities
Interior
- General:
- Ceiling Fan(s),Separate/Formal Dining Room,Entrance Foyer
- A/C:
- true, Central Air
- Heating:
- true, Forced Air
- Fireplace:
- Fireplace, Fireplaces: 3
Exterior
- General:
- Porch
- Style:
- Two Story
Construction
- Windows:
- Blinds
- General:
- Brick,Frame, 2, Brick/Mortar,Cellar
Location
- Road/Access:
- Paved
- Originating MLS:
- SIRA
- County:
- Floyd
Lot
- Zoning:
- Residential,Commercial,Hi, P.142 E 39 x 108 L.48 and P142; W 21' N 8' E 39' L 48 0.28AC, 220500200800000008
Utilities
- Water:
- Connected,Public
- Sewer:
- Public Sewer
Financial
- Source:
- SIRA
This listing courtesy of:
RE/MAX Advantage
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About New Albany, IN
Housing
- Number of Units
- 22,455
- Median Home Value
- $158,082
- Median Rent
- $638
36.06% of housing units are renter occupied.
7.44% are vacant.
Commute
- Car
-
78.21%
- Public Transportation
-
0.82%
- Walk to Work
-
1.77%
- Work from Home
-
18.91%
- Other
-
0.23%
The median travel time to work is 19 minutes.
People
- Population
- 48,823
- Median Age
- 38.50
- Median Household Size
- 2.50
Education
- High School
-
33.58%
- Associate’s Degree
-
9.20%
- Bachelor’s Degree
-
16.33%
- Graduate Degree
-
9.28%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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