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2503 Elliott Avenue, New Albany, IN, 47150

3beds
1baths
2,856sqft
$239,900
$84price/sqft
$1,762/moest. monthly cost
$70,480/yrincome needed

About This Home

Beautifully updated and move-in ready! This 3 bedroom, 1 bath home offers a flexible floor plan with two spacious living areas and a recently finished basement, providing plenty of room to spread out. The stunning remodeled kitchen is the heart of the home, featuring high end soft close cabinetry, abundant storage, generous countertop space, a gas range, custom vent hood, and stainless steel appliances. Recent major improvements include a brand-new HVAC system, professionally waterproofed basement, and replacement vinyl windows, giving buyers peace of mind for years to come. One bedroom is enhanced with extensive built-in cabinetry, making it ideal for a craft room, home office, nursery, dressing room, or walk-in closet, while the cabinetry can easily be removed to create a traditional bedroom if desired. Outside, you'll find a very large fenced backyard, covered patio with a classic built-in barbecue, detached garage, and plenty of space for entertaining, gardening, or play. This thoughtfully updated home offers comfort, versatility, and exceptional value.

Getting Around

38
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

4/10
Hazelwood Middle SchoolGrades 5-81.2 mi
7/10
4/10
Mount Tabor SchoolGrades PK-41.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1947

Materials

  • Roof: Shingle
  • Construction materials: Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Microwave,Oven,Range,Refrigerator,Washer
  • Laundry features: In Basement,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished,Sump Pump

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Bookcases,Ceiling Fan(s),Eat-in Kitchen,Pantry,Sun Room
  • Finished area below ground: 1,300
  • Finished area above ground: 1,556

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,856
  • Total interior livable area: 2,856 sqft

Property

Details

  • Parcel number: 0083610030
  • Zoning: Residential
  • Zoning description: Residential

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio
  • Exterior features: Fence,Patio
  • Fencing: Yard Fenced

Lot

  • Lot size: 0.34 Acres
  • Features: Corner Lot

Parking

  • Total spaces: 1
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 WindVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Inland Flooding
Lightning
Winter Weather
Heat Wave
Ice Storm

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 $1,213$14,556
Home Insurance *$148$1,776
Property Taxes $140$1,680
Electricity $261$3,141
Total$1,762$21,144
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$60,411/yr
40% on housing$52,860/yr
45% on housing$46,986/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

$84This 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)

Price History

DateEventPrice
2026-08-05Price change$234,900
2026-07-24Listed for sale$239,900
2024-05-29Sold$217,000
2024-04-16Pending sale$215,000
2024-04-13Price change$215,000
2024-03-26Pending sale$210,000
2024-03-25Listed for sale$210,000
2024-03-11Pending sale$210,000
2024-03-09Listed for sale$210,000
2017-04-13Sold$108,000
2017-02-14Listed for sale$110,000

For Sale by Agent

AgentBethany Kerr
BrokerageNextHome Wilson Real Estate

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