1422 E Elm Street | MLS #202608541

Price Reduced

Listing provided courtesy of Property Advancement RealtyMLS# 202608541

Contact Information: 812-218-8465

Welcome to Downtown New Albany living! This 2 UNIT PROPERTY was built in 2023 and shows like new construction! Lots of opportunities! Ready to move in! You could live in one side and rent out the other unit to help pay for your mortgage! This is called a house hack! Or start your rental portfolio with a nearly new property that is ready to move 2 separate tenants in! Or set one or both units up as a short term rental with the close proximity to Downtown! The epoxy finish on the concrete floors is awesome! Open floor plan in each unit for the living room and kitchen! Each kitchen features custom oak cabinets with a grey finish, granite countertops, and ceramic tile backsplash! Each unit is 2 bedrooms and 1 full bath! All the appliances remain in each unit including the washer and dryers! Washer and dryer connections in each unit! Covered front porch! Private off street parking area in the rear! Call today to take advantage of the unique opportunity to own this 2 unit property in Downtown New Albany that is beautiful inside and out!

Source: Southern Indiana MLS, MLS#: 202608541

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Property Type

Residential
Lot

0.06 acres

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Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1422 E Elm Street

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value	Agent
6/29/2026Source: Southern Indiana MLS	Price Reduction	$299,900 -7.7%
5/22/2026Source: Southern Indiana MLS	Added to Database	May 22, 2026