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722 W 7th Street, New Albany, IN, 47150

3beds
1baths
1,360sqft
$160,000
$118price/sqft
$1,182/moest. monthly cost
$47,280/yrincome needed

About This Home

A New Albany Charmer with lots of updates over the past two years with new paint throughout, new flooring, several new windows, updates in the bathroom, plumbing rerouted for washer & dryer, new countertops in the kitchen, new dishwasher, so many updates at a great price! Whether you are new to the home buying process, looking to vamp up your portfolio or looking for your next home, don't let this one get away. Home is being SOLD "AS-IS". Call today for a tour.

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

7/10
6/10

Construction

Condition

  • Year built: 1925

Materials

  • Foundation: Block,Poured
  • Roof: Shingle
  • Construction materials: Vinyl Siding,Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Microwave,Oven,Range,Refrigerator,Washer
  • Laundry features: Main Level,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

  • Level: Second

Bedroom

  • Level: First

Bedrooms & Bathrooms

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

Dining Room

  • Level: First
  • Dimensions: 11.10 x 15

Features

  • Main Level Primary,Utility Room
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 1,360

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air,Window Unit(s),WallWindow Unit(s)

Interior Area

  • Total structure area: 1,360
  • Total interior livable area: 1,360 sqft

Kitchen

  • Level: First
  • Dimensions: 10.5 x 11

Living Room

  • Level: First
  • Dimensions: 13.7 x 11.11

Master Bedroom

  • Level: First

Other

  • Level: First
  • Dimensions: 5 x 7.7

Other

  • Level: Second

Property

Details

  • Parcel number: 220500300207000008
  • Zoning: Residential
  • Zoning description: Residential

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Enclosed,Porch

Lot

  • Lot size: 6,098 sqft

Parking

  • Parking features: No Garage

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 $809$9,708
Home Insurance *$99$1,188
Property Taxes $90$1,080
Electricity $184$2,212
Total$1,182$14,184
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$40,525/yr
40% on housing$35,460/yr
45% on housing$31,520/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

$118This 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
2026-07-31Listed for sale$160,000
2024-07-16Sold$135,000
2024-06-04Pending sale$135,000
2024-05-29Listed for sale$135,000

For Sale by Agent

AgentDoris Kay Crawford
BrokerageWard Realty Services

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