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1536 Chartres Street, New Albany, IN, 47150

--beds
--baths
0sqft
$60,000
--price/sqft
$628/moest. monthly cost
$25,120/yrincome needed

About This Home

Attention all Investors! Home has been gutted. There is a strong rental demand in the area making this is a great opportunity to renovate & add value. Ideal for buy and hold investors or flippers looking for their next project. Property Sold As-Is. Sq ft & rm sz approx

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

6/10
7/10

Construction

Condition

  • Year built: 1929

Materials

  • Foundation: Block,Cellar
  • Construction materials: Vinyl Siding,Frame

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Exterior Entry

Features

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

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 220504200734000008
  • Zoning: Residential
  • Zoning description: Residential

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Fence
  • Fencing: Yard Fenced
  • Has view: Yes
  • View description: Park/Greenbelt

Lot

  • Lot size: 6,969 sqft
  • Lot size dimensions: 50 x 140

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

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Inland Flooding
Lightning
Strong Wind
Winter Weather
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 $303$3,636
Home Insurance *$37$444
Property Taxes $104$1,248
Electricity $184$2,212
Total$628$7,536
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$21,531/yr
40% on housing$18,840/yr
45% on housing$16,746/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$131

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
2026-07-16Price change$60,000
2026-05-29Listed for sale$75,000
2015-10-27Sold$1,258

For Sale by Agent

AgentJulie L Blackman
BrokerageSchuler Bauer Real Estate Services ERA Powered (N

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