$220,000
 $1,249 est/mo Sourced by Back At You

1401 E Oak Street,New Albany, IN 47150

New Albany, IN 47150

Share:

Description

Updated home for sale in downtown New Albany, Indiana, investment opportunity with tenant in place! Located in the heart of downtown New Albany, this 2-bedroom, 2 full bathroom home offers a strong opportunity for investors or future owner-occupants. With an active lease in place through November, this property provides immediate rental income potential in a highly desirable, walkable location. This renovated New Albany home blends original character with modern updates, featuring high ceilings, arched doorways, and a functional, open layout. The spacious living room flows into a dedicated dining area, while the updated kitchen includes newer cabinetry, countertops, and stainless steel appliances that remain. Both full bathrooms have been fully updated with ceramic tile finishes, including tiled showers and modern vanities. The primary bedroom includes a private en-suite bath, an increasingly sought-after feature in homes in this area. A rear bonus room provides flexible space for a home office, sunroom, or potential third bedroom (no closet) and offers direct access to the back deck. Outside, you'll find a fenced yard and off-street parking pad for two vehicles, adding convenience for tenants or future owners. Situated just minutes from local restaurants, coffee shops, and entertainment, this walkable downtown New Albany property combines location, updates, and income potential. Sq ft & rm sz approx.

Details

MLS #202607214
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1929
Days On Site166
Listing Provided BySchuler Bauer Real Estate Services ERA Powered (N | Benjamin Byrn

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet1,327
Story(s)1
ZoningResidential
Acreage0.09

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount1042

Location

Community FeaturesSidewalks

Area Information

StateIN
CountyFloyd
CityNew Albany
Zip Code47150
Listing VS Median (in 47150)
Price:
$220,000
low | high
Med:
$249,700
36.5% of Average
sqft:
1,327
low | high
Med:
1,538
34.099472494348% of Average
$ / sqft:
$166
low | high
Med:
$171
46.995373157139% of Average
On site:
166
low | high
Med:
10
100% of Average
Sourced by Back At You

Market Activity 47150

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker McMahan at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Southern Indiana Board of REALTORS.

Contact

Learn More About This Property

StateIN
CountyFloyd
CityNew Albany
Zip Code47150
Listing VS Median (in 47150)
Price:
$220,000
low | high
Med:
$249,700
36.5% of Average
sqft:
1,327
low | high
Med:
1,538
34.099472494348% of Average
$ / sqft:
$166
low | high
Med:
$171
46.995373157139% of Average
On site:
166
low | high
Med:
10
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $165K - $275K
sqft: 995 - 1,500
Nearby Listings Property ImageNearby Listings Details
1308 Culbertson Avenue Property Photo 1
$174,000
1308 Culbertson Avenue
New Albany, IN 47150
1313 Culbertson Avenue Property Photo 1
$207,700
1313 Culbertson Avenue
New Albany, IN 47150
Listing Updated: September 14, 2026 at 10:18:39 AM PDT