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5456 State Road 111, New Albany, IN, 47150

1beds
2baths
0sqft
$99,900
--price/sqft
$804/moest. monthly cost
$32,160/yrincome needed

About This Home

Looking for River front property? This is it! 1.52 Acres with small apartment for weekend get away. Storage building. Property needs TLC. Seller welcomes inspections but will not do any repairs. Property being sold "As Is". Property classified as AE Floodway. Please attach the "AS IS" addendum with purchase agreement. Call for your showing today.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

7/10
6/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1979

Materials

  • Foundation: Poured
  • Roof: Metal
  • Construction materials: Metal Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: One Story
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 0

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 0010210019
  • Zoning: Residential
  • Zoning description: Residential

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes
  • View description: Creek/Stream
  • Has water view: Yes
  • Water view: Creek/Stream

Lot

  • Lot size: 1.52 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Lightning
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $505$6,060
Home Insurance *$61$732
Property Taxes $54$648
Electricity $184$2,212
Total$804$9,648
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$27,565/yr
40% on housing$24,120/yr
45% on housing$21,440/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 47150$107
Floyd County$130

vs Homes Sold Last Month

Median $/sqft

ZIP 47150$152
Floyd County$158

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-10-17Listed for sale$99,900
2025-10-01Listing removed$99,900
2025-02-28Listed for sale$99,900

For Sale by Agent

AgentMary McCoskey Finkle
BrokerageMainstreet REALTORS

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