Multiple Offers Received. Seller is requesting highest and best offers by 5 pm on August 26, 2025. Looking for a property that fits your goals? Whether you're seeking a short-term rental, long-term rental, or an owner-occupied home with income potential, this duplex provides the options.
Located just steps from New Albany's Mansion Row, the farmers market, and downtown shops and restaurants, this property combines historic charm with modern updates.
Each unit offers approximately 1,200 sq. ft. with 2 bedrooms, 2 full bathrooms, walk-in closets, tall ceilings, and in-unit washer and dryer. Both have front porches, with one unit on the main level and the other upstairs.
The property was rebuilt from the studs in 2018 with all new electrical and plumbing, providing peace of mind and efficiency while maintaining character.
Currently operated as an Airbnb, it may also be purchased fully furnished for a turnkey option.
Schedule your showing today to see the possibilities.
Sq. ft. & room sizes approx.
Schedule your showing today to see all this property has to offer. Sq ft & rm sz approx.
Sold for $315,000 on 10/10/25
$315,000
1112 E Spring Street, New Albany, IN 47150
4beds
2,400sqft
Duplex, Multi Family
Built in 1929
-- sqft lot
$318,500 Zestimate®
$131/sqft
$1,613 Estimated rent
Home value
$318,500
$245,000 - $414,000
$1,613/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 10, 2025 at 08:13am
Listed by:
Ashley Rae Hayes,
Schuler Bauer Real Estate Services ERA Powered (N
Bought with:
Paul R Kiger II, RB14035922
Coldwell Banker McMahan
Sarah Ring, RB14044569
Coldwell Banker McMahan
Source: SIRA,MLS#: 2025010505
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Description: Flooring: Luxury Vinyl Plank
- Level: First
Primary bedroom
- Description: Flooring: Luxury Vinyl Plank
- Level: Second
Bedroom
- Description: Flooring: Luxury Vinyl Plank
- Level: First
Bedroom
- Description: Flooring: Luxury Vinyl Plank
- Level: Second
Bedroom
- Description: Flooring: Luxury Vinyl Plank
- Level: Second
Other
- Description: Flooring: Luxury Vinyl Plank
- Level: First
Other
- Description: Flooring: Luxury Vinyl Plank
- Level: First
Other
- Description: Flooring: Luxury Vinyl Plank
- Level: Second
Kitchen
- Description: Flooring: Luxury Vinyl Plank
- Level: First
Kitchen
- Description: Flooring: Luxury Vinyl Plank
- Level: Second
Living room
- Description: Flooring: Luxury Vinyl Plank
- Level: First
Living room
- Description: Flooring: Luxury Vinyl Plank
- Level: Second
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer
- Laundry: Laundry Closet, Main Level
Features
- Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Main Level Primary, Open Floorplan, Utility Room, Walk-In Closet(s)
- Windows: Screens
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Decorative
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
- Finished area above ground: 2,400
- Finished area below ground: 0
Property
Parking
- Parking features: No Garage
- Details: Off Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony, Covered, Deck, Porch
- Exterior features: Balcony, Deck, Porch
Lot
- Size: 2,613 sqft
- Dimensions: 25 x 120
Details
- Parcel number: 220502800587000008
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Brick/Mortar, Crawlspace, Cellar
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: New Albany
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2025 | Sold | $315,000+5.4%$131/sqft |
Source:  SIRA #2025010505 | ||
| 8/22/2025 | Listed for sale | $299,000+754.3%$125/sqft |
Source: SIRA #2025010505 | ||
| 2/28/2021 | Listing removed | -- |
Source: Owner | ||
| 11/24/2020 | Listed for rent | $1,100 |
Source: Owner | ||
| 6/8/2019 | Listing removed | $1,100 |
Source: Owner | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,671 -3.1% | $94,900 +21.2% |
| 2023 | $1,725 +16.2% | $78,300 -3.2% |
| 2022 | $1,485 -0.2% | $80,900 +17.2% |
Find assessor info on the county website
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 6/10S Ellen Jones Elementary SchoolGrades: PK-4Distance: 0.2 mi
- 5/10Nathaniel Scribner Middle SchoolGrades: 5-8Distance: 1.6 mi
- 7/10New Albany Senior High SchoolGrades: 9-12Distance: 0.6 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$318,500
2% more+ $6,370
With Zillow Showcase(estimated)
$324,870