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Image 1 - 561 East 7th Street, New Albany, IN 47150, USA - House for sale

Image 2 - 561 East 7th Street, New Albany, IN 47150, USA - House for sale

Image 3 - 561 East 7th Street, New Albany, IN 47150, USA - House for sale

Image 4 - 561 East 7th Street, New Albany, IN 47150, USA - House for sale

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Home For Sale In New Albany, Indiana

561 East 7th Street, New Albany, IN 47150, USA

Home For Sale In New Albany, Indiana

house for sale

3 views

Listed: 05/03/24

561 East 7th Street, New Albany, IN 47150, USA

3 Bed:

2.5 Bath:

1,593 Sq Ft Living Area:

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Price

$ 199,000

Price: Lower

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About This House

Welcome to 517 East 7th. St! A well-maintained duplex in the heart of New Albany near dining, entertainment, and shopping! This property features a 2bd 1.5b main level plus a studio 1bd 1b upstairs accessed from the rear of the house. Upgrades to the property include a new furnace and roof on the studio, flooring in main level bedroom, new decking and fresh paint throughout the main floor. Original hardwood floors throughout both units. So many possibilities with this home! Rent one unit and live in the other, convert to a single family with a simple remodel, or rent out both units for a steady stream of passive income! Both units are occupied on a month-to-month lease. Inspections are welcome but home is being sold as-is. Schedule your showing before this one is gone!

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Original listing

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New Albany Housing & Living

Average sale prices for houses

3 bed

Show as List Show as Graph

Month	Median Price
Apr 2024	$221,431 (0%)
Mar 2024	$221,431 (0%)
Feb 2024	$221,431 (0%)
Jan 2024	$221,431 (-0.6%)
Dec 2023	$222,806 (-5.3%)
Nov 2023	$235,396 (-0.9%)

In April 2024, the asking price for 3 bed houses for sale in/near New Albany, United States averaged $221,431, staying on the same level compared to the previous month.

Median price trends for properties for sale in New Albany, United States as of April 2024.

Household Income

Median household income: $43,914

Number of households: 15,232

The average household income in New Albany, IN grew from $41,456 to $43,914 in the past year. This data is an estimate based upon 15,232 households in New Albany, IN.
The chart below presents how household income is distributed in New Albany, IN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New Albany, IN compared to median property taxes around the country. The prevalent amount of property taxes in New Albany, IN equals <$800 , which is less than the national average.