1516 E Oak Street, New Albany, IN 47150
FOR SALENEW - 2 DAYS AGO

1516 E Oak Street
New Albany, IN 47150

Midtown
  • 6 Beds
  • 4 Baths
  • 2,898 sqft
  • 6 Beds
  • 4 Baths
  • 2,898 sqft

$200,000

Est. Mortgage $1,244/mo*
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We estimate this home will sell faster than 81% nearby.

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Talk about owning a piece of New Albany that allows you cash flow. Currently bringing in $1,862 a month with one vacant unit. Talk about the opportunity for value add.

Home Highlights

Parking
No Info
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
$69
Listed
2 days ago

Home Details for 1516 E Oak Street

Interior Features

Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 2898 Square Feet
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Patio / Porch: Covered, PorchExterior: PorchFoundation: Poured, Cellar
Parking & Garage
Other Parking: On StreetNo GarageParking: No Garage
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2898 Square Feet

Days on Market

Days on Market: 2

Property Information

Year Built
Year Built: 1929
Property Type / Style
Property Type: ResidentialProperty Subtype: Quadruplex, Multi FamilyStructure Type: QuadruplexArchitecture: Two Story
Building
Construction Materials: Vinyl Siding, FrameNot a New ConstructionDoes Not Include Home Warranty
Property Information
Parcel Number: 220502800471000008Additional Parcels Description: 0086840181

Price & Status

Price
List Price: $200,000Price Per Sqft: $69
Status Change & Dates
Possession Timing: Subject To Tenant Rights

Active Status

MLS Status: Active

Location

Direction & Address
City: New Albany

Agent Information

Listing Agent
Listing ID: 202407394

Building

Building Area
Building Area: 2898 Square Feet

HOA

Association for this Listing: Southern Indiana REALTORS AssociationNo HOA

Lot Information

Lot Area: 7971.48 sqft

Offer

Listing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 2.4Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 202407394Living Area Range Units: Square FeetAttribution Contact: 812-282-0426
Last check for updates: about 7 hours ago
Listing courtesy of Luke Castleman
Berkshire Hathaway HomeServices Parks & Weisberg R
Originating MLS: Southern Indiana REALTORS Association
Source: SIRA, MLS#202407394
Also Listed on BHHS broker feed.

Price History for 1516 E Oak Street

DatePriceEventSource
04/25/2024$200,000Listed For SaleSIRA #202407394
09/04/2019$140,000Sold
SIRA #201909223

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Property Taxes and Assessment

Year2023
Tax$3,788
Assessment$172,000
Home facts updated by county records

Comparable Sales for 1516 E Oak Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
614 Vincennes Street, New Albany, IN
0.13
Multi-Family Home
$110,000
10/13/23
4
4
2,091
1207 E Spring Street, New Albany, IN
0.23
Multi-Family Home
$135,000
12/12/23
4
2
2,750
1910 E Spring Street, New Albany, IN
0.41
Multi-Family Home
$185,000
01/12/24
5
3
2,692
1401 Chartres Street, New Albany, IN
0.42
Multi-Family Home
$137,500
12/29/23
4
3
3,034
1407 E Market Street, New Albany, IN
0.28
Multi-Family Home
$170,000
09/12/23
4
3
1,650
1517 Ekin Ave, New Albany, IN
0.17
Multi-Family Home
$125,000
02/29/24
3
-
1,732
1405 Vance Avenue, New Albany, IN
0.78
Multi-Family Home
$220,000
06/29/23
4
2
1,758
1311 E Market Street, New Albany, IN
0.30
Multi-Family Home
$135,000
06/02/23
2
2
1,201
2216 Morton Avenue, New Albany, IN
0.80
Multi-Family Home
$150,000
12/15/23
3
2
1,304

Neighborhood Overview

Midtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Midtown

  • Trulia User
    "You see people walking their dogs all the time. Most dogs are well behaved and don't bark or try to attack. "
    1
    Flag
  • Psychotic Flower
    "It's alright. Close to the highway so it's really busy. Gets cold because it's really close to the river."
    3
    Flag

LGBTQ Local Legal Protections

Luke Castleman, Berkshire Hathaway HomeServices Parks & Weisberg R
IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1516 E Oak Street, New Albany, IN 47150 is a 6 bedroom, 4 bathroom, 2,898 sqft multi-family built in 1929. 1516 E Oak Street is located in Midtown, New Albany. This property is currently available for sale and was listed by SIRA on Apr 25, 2024. The MLS # for this home is MLS# 202407394.