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Sold for $335,000 on 06/21/24
  • $335,000

    1738 Highway 111, New Albany, IN 47150

    4beds
    3,788sqft
    Single Family Residence
    Built in 1864
    1.53 Acres Lot
    $356,400 Zestimate®
    $88/sqft
    $3,046 Estimated rent

    What's special

    Welcome to 'Rabbit Ridge,' a cherished historic estate steeped in the tales of riverboat entrepreneurs and embodying the resilient spirit of a burgeoning community along the majestic Ohio River, established in 1840. Nestled on a 1.5-acre lot near downtown New Albany and Louisville, this iconic 1839 Federal style home, referred to by many as 'Rabbit Ridge,' stands as a pinnacle of historic grandeur. Originally built by Charles Dowerman during the steamboat-building era, this estate has been lovingly restored with character and charm. This home features antique multi-paned windows from an old shopfront in Louisville's West End, while ornate wood paneling recycled from an old church confessional adorns one of the bedrooms. In the summer kitchen, a stunning blend of stained glass windows sourced from St. Mark's church in New Albany and the Dane house in Louisville add a distinctive touch, harmonizing two distinct histories. This remarkable property is ideal for an investor as it is an established and successful Air B&B business. With no immediate neighbors on either side, it is the perfect place to host large groups and can double as a beautiful event space. Guests love the updated kitchen with a large island and the large classic dining room featuring a custom-built armoire. The large formal living room, seamlessly flows into an office/den with exposed wood beams that were salvaged from an old barn on the property. The summer kitchen boasts elegant stained glass windows and a loft area. Ascend the split staircase to discover a pub room with a wet bar and three bedrooms adorned with built-in wardrobe armoires, a covered balcony, and two full bathrooms. The home further boasts four mantled fireplaces, antique fixtures, molding, high ceilings, large windows, and hardwood floors. A detached three-car garage complements the expansive 1.5-acre grounds, providing both space and privacy. Discover the allure of 'Rabbit Ridge' and its blend of history and modern comfort. Call today to embark on a private tour and immerse yourself in the timeless charm and potential this historic estate holds.

    Zillow last checked: 7 hours ago

    Listing updated: January 27, 2025 at 07:42am

    Listed by:

    Katy C Spalding 502-931-4589,

    Six Degrees Real Estate, LLC,

    Stephanie M Shacklette 502-550-7966

    Bought with:

    Robert J Butler, 245689

    Semonin REALTORS

    Source: GLARMLS,MLS#: 1649967MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Bedroom
    • Level: Second
    Bedroom
    • Level: Second
    Bedroom
    • Level: Second
    Full bathroom
    • Level: Second
    Full bathroom
    • Level: Second
    Full bathroom
    • Level: First
    Den
    • Level: First
    Dining room
    • Level: First
    Family room
    • Level: First
    Game room
    • Level: Second
    Kitchen
    • Level: First
    Living room
    • Level: First
    Mud room
    • Level: First
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Features
    • Basement: Cellar
    • Has fireplace: No
    Interior area
    • Total structure area: 3,532
    • Total interior livable area: 3,788 sqft
    • Finished area above ground: 3,532
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached, Driveway
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Patio & porch: Patio
    • Exterior features: Balcony
    Lot
    • Size: 1.53 Acres
    • Features: Cleared
    Details
    • Parcel number: 220501000005000008

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Crawl Space
    • Roof: Shingle
    Condition
    • Year built: 1864

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & neighborhood

    Location
    • Region: New Albany
    • Subdivision: None

    HOA & financial

    HOA
    • Has HOA: No
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $356,400
    2% more+ $7,128
    With Zillow Showcase(estimated)
    $363,528