611 E Spring Street, New Albany, IN 47150

$384,900 Asking Price

3 beds
2 baths
2,312  sqft
Built in 1864

ATTENTION INVESTORS AND ENTREPRENEURS!!! This Charming Historic Gem offers endless possibilities! This 2-story 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 property has been completely preserved and offers multiple commercial uses. The home has 12 DEDICATED parking spaces and a beautiful garden area. Whether you are in the market to make this a fine restaurant, bar, professional office space or even a residence. 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; W21' N 8' E 39' L 48 .028 AC, 220500200800000008

Utilities

Water:
Connected,Public
Sewer:
Public Sewer

Financial

Source:
SIRA

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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