About This Home
This 5-bedroom, 2-bathroom single family at 2218 Fairmont Avenue in New Albany, IN is listed for $185,000 ($60 per sqft). Built in 1948, the home offers 3,104 sqft of living space on a 0.28 acres lot.
Key Features
- Built in 1948
- 0.28 acre lot
- Fireplace
Property Details
Amenities
Investors and homeowners alike, don't miss this opportunity! With a little vision and finishing touches, this versatile property offers endless possibilities. Make the needed repairs and enjoy a spacious five bedroom, two bathroom home with over 3000 square feet of living space, a finished basement, and a fenced backyard featuring a three year old above ground pool.
Previously used as a duplex, the home offers excellent income potential with a separate basement entrance, its own kitchen, living area, full bathroom, and a laundry area conveniently located adjacent to the staircase. The main level features three bedrooms, one bathroom, a formal dining room, a spacious kitchen, a dedicated laundry room with two w
asher and dryer hookups, a unique feature from when the home previously functioned as a duplex, and a large living room with a gas fireplace. Live on the main level and rent the basement for additional income, convert the property back into a duplex, or complete the updates to create the perfect multi generational home. The possibilities are endless. Sq ft & rm sz approx.
Monthly Cost Estimate
$989/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2218 Fairmont Avenue
New Albany, IN 47150
Features & Amenities
Interior Features
Exterior Features
Property Details
Pool Features
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 2-bathroom single family at 2218 Fairmont Avenue is listed at $185,000 ($60/sqft). The estimated monthly payment is $989 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1948, 0.28 acre lot, Fireplace. Interior Features: 1st Floor Main, 1st Floor Utility, Addl Living Qtrs. Exterior Features: Deck, Pool - Above Ground.
This property is listed by Cathy Jackson and can be reached at (812) 948-2888.




