1308 Silver Street, New Albany, IN 47150

$230,000 Asking Price

3 beds
1 bath
1,090  sqft
Built in 1930

Dearest Readers, It is with great delight that I bring to your attn a most extraordinary opportunity w/i our fair market: a 2-for-1 marvel, situated on 1 parcel. This property, a true diamond in the rough, boasts not 1, but 2 charming abodes, each w/its own unique allure. The 1st is a spacious 3 BR, 1 BA home, perfect for those seeking space & comfort. Though it awaits a touch of modern refinement, it remains a perfectly habitable haven. Imagine the potential, where your creative vision could breathe new life into its walls. Nestled alongside this lovely residence is a cozy 1 BR cottage, w/more recent updates, it stands ready to welcome a discerning tenant, offering immediate income potential. Alternatively, 1 might choose to reside in this quaint abode whilst making the enhancements of the larger home, thus ensuring a seamless & convenient living arrangement. Moreover, the property is graced w/a 1 car garage & shed, providing ample space for storage & vehicular accommodations. An astute investment for the discerning buyer, this offering is ideally suited for those wishing to expand their rental portfolio or accommodate multi-generational living. Of particular note, the homes are metered separate for gas & elec, though share a common water meter. I urge you, esteemed readers, to seize this opportunity, for such treasures are seldom found in our market. May fortune favor your endeavors. Yours Most Sincerely, Lady Whistledown Agents please read completely thru all remarks.


Features & Amenities

Interior

General:
Attic
Appliances:
Dishwasher
Laundry:
In Basement,Laundry Room
Basement:
Partial
A/C:
true, Central Air
Heating:
true, Forced Air

Exterior

General:
Fence, Garage(s),Shed(s)
Style:
One Story
Other Structures:
Garage(s),Shed(s)
Parking:
Detached,Garage,Garage Door Opener

Construction

Roofing:
Shingle
Windows:
Blinds
General:
Vinyl Siding,Frame, 1, Block

Location

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

Lot

Zoning:
Residential, P 332 S 60' LTS. 1-3-5 LAKE, 220502900582000008
Fencing:
Yard Fenced

Utilities

Water:
Connected,Public
Sewer:
Public Sewer

Financial

Source:
SIRA

This listing courtesy of:
RE/MAX FIRST

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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