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

1 story
2 full
1948

Amenities

FireplaceA/C
Listing Description

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

Principal$134
Interest$802
Insurance$54

Estimates only. Actual payments may vary.

Location

2218 Fairmont Avenue

New Albany, IN 47150

Features & Amenities

Interior Features

1st Floor Main1st Floor UtilityAddl Living QtrsBuilt-in BookcaseCeiling Fan(s)Formal Dining RmFoyerSecond KitchenSecurity System

Exterior Features

DeckPool - Above Ground

Property Details

Pool Features

Deck

Heating

Forced Air

Cooling

Central Air

Appliances

DishwasherDisposalMicrowaveRange / OvenRefrigerator

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.

CJ

Cathy Jackson

Agent at Schuler Bauer Real Estate Services ERA Powered (N

(812) 948-2888

Listed by Schuler Bauer Real Estate Services ERA Powered (N · View on Broker Site

MLS# 202609953· Source: listhub· 1 day on market

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.

2218 Fairmont Avenue, New Albany, IN 47150

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