See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1748 E Spring Street, New Albany, IN, 47150

1beds
1baths
720sqft
$115,000
$160price/sqft
$1,014/moest. monthly cost
$40,560/yrincome needed

About This Home

Welcome to 1748 E Spring St in New Albany! This charming 1-bedroom, 1-bath home offers approximately 720 square feet of living space and presents a wonderful opportunity to make it your own. With a convenient location and a manageable footprint, this property is well-suited for those seeking a cozy home, investment opportunity, or a project with potential. Enjoy the possibilities this New Albany property has to offer! Home is being sold AS-IS.

Getting Around

72
WalkingVery Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Schools

4/10
Hazelwood Middle SchoolGrades 5-80.5 mi
7/10
7/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1929

Materials

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

Type & Style

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

Interior

Appliances

  • Laundry features: Main Level,Laundry Room

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

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

Features

  • Ceiling Fan(s),Eat-in Kitchen,Main Level Primary,Utility Room
  • Number of fireplaces: 1
  • Fireplace features: Insert
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 720

Heating & Cooling

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

Interior Area

  • Total structure area: 720
  • Total interior livable area: 720 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Other

  • Level: First

Property

Details

  • Parcel number: 0086960096
  • Zoning: Residential
  • Zoning description: Residential

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Patio,Porch
  • Exterior features: Porch,Patio

Lot

  • Lot size: 2,962 sqft
  • Features: Corner Lot

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 $581$6,972
Home Insurance *$71$852
Property Taxes $178$2,136
Electricity $184$2,212
Total$1,014$12,168
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$34,765/yr
40% on housing$30,420/yr
45% on housing$27,040/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

$160This 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
2026-07-17Listed for sale$115,000
2025-06-24Sold$100,000
2025-05-27Listed for sale$129,000
2025-05-17Listing removed$895
2025-04-30Listed for rent$895
2025-04-21Listing removed$895
2025-03-31Listed for rent$895

For Sale by Agent

AgentRob Gaines
BrokerageKeller Williams Realty Consultants

Similar Homes