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1613 Dewey St, New Albany, IN, 47150

--beds
1baths
0sqft
$99,900
--price/sqft
$916/moest. monthly cost
$36,640/yrincome needed

About This Home

Prime Opportunity: Investor special in New Albany with historic charm! Located in the heart of New Albany, this diamond in the rough offers incredible potential for renovation, rental income, or resale. Situated in a prime location just minutes from Louisville, this property combines convenience and charm with strong upside. The home features a nice yard, providing added outdoor space and future value potential. With the right vision, this property is ready to be transformed! Sold as-is. Cash buyers preferred. A great opportunity for investors or buyers looking to build equity in a desirable and growing area.

Getting Around

63
WalkingSomewhat Walkable
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

6/10
7/10

Construction

Condition

  • Year built: 1929

Materials

  • Roof: Shingle
  • Construction materials: Other

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Features

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

Full Bathroom

  • Level: First

Heating & Cooling

  • Heating features: Other
  • Cooling features: None

Interior Area

  • Total structure area: 0

Kitchen

  • Level: First

Living Room

  • Level: First

Property

Details

  • Parcel number: 220502802266.000008

Features

  • Stories: 2

Lot

  • Lot size: 7,840 sqft
  • Features: Cleared
  • Lot size dimensions: 40 x 200

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

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

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado
Winter Weather
Inland Flooding
Lightning

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 $166$1,992
Electricity $184$2,212
Total$916$10,992
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$31,405/yr
40% on housing$27,480/yr
45% on housing$24,426/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)

Price History

DateEventPrice
2026-06-15Price change$99,900
2026-05-28Listed for sale$110,000
2018-02-28Sold$13,000
2014-10-24Sold$30,000
2014-06-17Listed for sale$39,900

For Sale by Agent

AgentEllen Masterson
BrokerageLenihan Commercial Properties

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