504 E Main Street, New Albany, IN 47150

$589,000 Asking Price

6 beds
6 baths
2,634  sqft
Built in 1859

OPPORTUNITY IS KNOCKING to own this Historic Landmark. Located on Mansion Row and minutes from downtown New Albany. This Greek Revival in style home has been renovated into 4 separate apartments. Unit 1 & 3 are 1 bedroom and 1 bathroom, and Units 2 & 4 (Unit 4 has its own furnace) are 2 bedrooms and 2 bathrooms. All units are on separate meters and have had many updates. 12' ceilings, 4 fireplaces, off street parking. These have been steady income producing units, so Call today for a private tour!


Features & Amenities

Interior

General:
Entrance Foyer
Appliances:
Oven,Range,Refrigerator
Basement:
Exterior Entry,Full,Unfinished
A/C:
true, Window Unit(s),WallWindow Unit(s)
Heating:
true, Baseboard
Fireplace:
Fireplace, Fireplaces: 4

Exterior

Style:
Two Story

Construction

Windows:
Blinds
General:
Brick,Frame, 2, Brick/Mortar

Location

Road/Access:
Paved
Originating MLS:
SIRA
County:
Floyd

Lot

Zoning:
Residential,Historic Dist, P.140 52 x120" E 1/2 of "A" L.1 & 2 UP HIGH, 220500200787000008
View:
River,Scenic, View

Utilities

Water:
Connected,Public
Sewer:
Public Sewer

Financial

Source:
SIRA, SIRA
Buyers Agent Compensation:
2.5

This listing courtesy of:
RE/MAX Advantage

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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