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About This Home

This 4-bedroom, 2-bathroom single family at 1422 E Elm Street in New Albany, IN is listed for $324,900 ($217 per sqft). Built in 2023, the home offers 1,500 sqft of living space on a 0.06 acres lot.

Agent Description

Welcome to Downtown New Albany living! This 2 UNIT PROPERTY was built in 2023 and shows like new construction! Lots of opportunities! Ready to move in! You could live in one side and rent out the other unit to help pay for your mortgage! This is called a house hack!

Or start your rental portfolio with a nearly new property that is ready to move 2 separate tenants in! Or set one or both units up as a short term rental with the close proximity to Downtown! The epoxy finish on the concrete floors is awesome! Open floor plan in each unit for the living room and kitchen!

Each kitchen features custom oak cabinets with a grey finish, granite countertops, and ceramic tile backsplash! Each unit is 2 bedrooms and 1 full bath! Washer and dryer connections in each unit! Covered front porch! Private off street parking area! Call today to take advantage of the unique opportunity to own this 2 unit property in Downtown New Albany that is beautiful inside and out!

Key Features

  • Built in 2023
  • 0.07 acre lot

Property Details

1 story
2 full
2023

Amenities

A/C

Monthly Cost Estimate

$1,738/mo

20% down · 6.5% · 30 years

Principal$235
Interest$1,408
Insurance$95

Estimates only. Actual payments may vary.

Location

1422 E Elm Street

New Albany, IN 47150

Features & Amenities

Interior Features

1st Floor Main1st Floor UtilityAccess. FeaturesBreakfast BarCeiling Fan(s)Open Floor Plan

Exterior Features

Access. FeaturesCovered PorchPaved DrivewayPorchPublic SidewalkThermopane windowsVinyl Siding

Property Details

Pool Features

Porch

Heating

Heat Pump (Heating)

Cooling

Central Air

Appliances

DishwasherMicrowaveRange / OvenRefrigerator

Questions & Answers

This 4-bedroom, 2-bathroom single family at 1422 E Elm Street is listed at $324,900 ($217/sqft). The estimated monthly payment is $1,408 based on 20% down at 6.5% interest.

Key features include: Built in 2023, 0.07 acre lot. Interior Features: 1st Floor Main, 1st Floor Utility, Access. Features. Exterior Features: Access. Features, Covered Porch, Paved Driveway.

This property is listed by Chris Koerner and can be reached at (502) 551-3621 or ckhomesforsale@gmail.com.

CK

Chris Koerner

Agent at Property Advancement Realty

(502) 551-3621

Listed by Property Advancement Realty · View on Broker Site

MLS# 202608541· Source: listhub· Updated 10 days ago

Copyright © 2026 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1422 E Elm Street, New Albany, IN 47150

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