1928 E Spring St

3,209 Sq. Ft.
$99 / Sq. Ft.
3,209
Sq. Ft.
$99
per Sq. Ft.

Description

"Historic 1929 beauty meets modern, turnkey luxury!" Rare Turnkey Multi-Family Opportunity Steps from Downtown New Albany! This is the versatile investment property you've been waiting for! Extensively renovated with high-quality updates, this 1929 two-family home features two massive, renovated 1,600 sq ft units (unit #1 2/bed, unit #2 3/bed) and charming historic touches. The property offers incredible flexibility - ideal for short-term rental, long-term leasing, or as a high-end owner-occupied..."Historic 1929 beauty meets modern, turnkey luxury!" Rare Turnkey Multi-Family Opportunity Steps from Downtown New Albany! This is the versatile investment property you've been waiting for! Extensively renovated with high-quality updates, this 1929 two-family home features two massive, renovated 1,600 sq ft units (unit #1 2/bed, unit #2 3/bed) and charming historic touches. The property offers incredible flexibility - ideal for short-term rental, long-term leasing, or as a high-end owner-occupied residence. Situated in a premier location, your tenants will be steps from the best restaurants, shops, and farmers market in downtown New Albany. Enjoy strong income potential from day one with refinished original wood floors, double pane windows, tall ceilings, and modern systems throughout. Unit #2 sold fully finished! One seller is a licensed realtor in Indiana. Appliances remaining: Unit #1- refrigerator, microwave, dishwasher, range/oven, washer and dryer. Unit #2-refrigerator, microwave, dishwasher, range/oven, washer and dryer. This duplex is occupied with a 24 month renter (lease ending 2/28/2027) in Unit #1 (unfurnished), and a mid-term renter (ending 8/9/2026) in Unit #2 (furnished). All showings will need to give 24 hour notice.
  1. Listed by Jennifer Silva • Semonin REALTORS • 812-944-9800

Property Details for 1928 East Spring Street

Architectural Style
TwoStory
Stories
2
Community Features
Sidewalks
Zoning
Residential
LISTING UPDATED: 05/28/2026 08:15 AM

Property Details for 1928 East Spring Street

StatusActive
MLS #202607915
Days on Market28
Taxes$2,408 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential / Duplex
Year Built1929
Lot Size0.96 AC / 41,817 SF
CountyFloyd County

Location

Listing Courtesy of Semonin REALTORS
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Building Information for 1928 East Spring Street

Stories2Residences-Year Built1929Building Size-Lot Size0.96 AC / 41,817 SF

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Principal and Interest

$1,590

Property Taxes

$201

HOA Dues

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Property Information for 1928 East Spring Street

Summary
Location and General Information
  • Directions: From downtown New Albany, take Spring Street towards Clarksville. The home will be on your right, just past Thomas Street.
  • State Or Province: IN
  • Township: New Albany
  • Postal Code: 47150
  • City: New Albany
  • County Or Parish: Floyd
  • Zoning Description: Residential
Taxes and HOA Information
  • Tax Annual Amount: $2,408.00
  • Tax Legal Description: P. 47 W 5' L. 171 & E 30' L. 169
  • Parcel Number: 220502801054000008
Parking
  • Carport: Yes
  • Garage Spaces: 2.0
  • Garage: No
  • Parking Features: Carport
  • Other Parking: On Street
Property
Lot Information
  • Above Grade Finished Area Source: Measured
  • Below Grade Finished Area: 0.0
  • Above Grade Finished Area: 3209.07
  • Living Area: 3209.0
  • Lot Size Acres: 0.96
  • Lot Size Area: 0.96
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 41817.6
  • Lot Size Units: Acres
  • Lot Size Dimensions: 35x120
  • Building Area Source: Measured
  • Building Area Total: 3209.0
Property and Assessments
  • Road Surface Type: Paved
  • Property Condition: Resale
  • Year Built: 1929
  • New Construction: No
  • Other Structures: Sheds
Utilities
  • Water Source: Connected, Public
  • Sewer: PublicSewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: AluminumSiding, Frame
  • Exterior Features: Porch, Patio
  • Patio And Porch Features: Covered, Patio, Porch
  • Structure Type: Duplex
  • Roof: Shingle
  • Foundation Details: BrickMortar
Interior Features
  • Basement: Yes
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Full, Unfinished, SumpPump
  • Cooling: Yes
  • Cooling: CentralAir
  • Fireplace: Yes
  • Fireplace Features: Decorative
  • Fireplaces Total: 2
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Heating: Yes
  • Bedrooms Total: 5
  • Heating: ForcedAir, HeatPump
  • Window Features: Blinds
  • Laundry Features: InBasement, LaundryRoom
  • Levels: Two
  • Rooms Total: 11
  • Interior Features: Bookcases, CedarClosets, CeilingFans, EntranceFoyer, HomeOffice, MainLevelPrimary, OpenFloorplan, Storage, NaturalWoodwork, WalkInClosets, WindowTreatments
Room Information
Room 1
  • Room Type: FullBath
  • Room Dimensions: 6.92 x 6.42
  • Room Length: 6.42
  • Room Level: Second
  • Room Width: 6.92
  • Room Flooring: Laminate
Room 2
  • Room Type: Bedroom
  • Room Description: Original Hardwood Oak
  • Room Dimensions: 9.75 x 9.92
  • Room Length: 9.92
  • Room Level: Second
  • Room Width: 9.75
  • Room Flooring: Wood
Room 3
  • Room Type: Bedroom
  • Room Description: Original Hardwood Oak
  • Room Dimensions: 11.67 x 12.58
  • Room Length: 12.58
  • Room Level: Second
  • Room Width: 11.67
  • Room Flooring: Wood
Room 4
  • Room Type: PrimaryBedroom
  • Room Description: Original Hardwood Oak
  • Room Dimensions: 15 x 13.33
  • Room Length: 13.33
  • Room Level: Second
  • Room Width: 15.0
  • Room Flooring: Wood
Room 5
  • Room Type: LivingRoom
  • Room Description: Original Hardwood Oak
  • Room Dimensions: 12.92 x 13.33
  • Room Length: 13.33
  • Room Level: Second
  • Room Width: 12.92
  • Room Flooring: Wood
Room 6
  • Room Type: Kitchen
  • Room Description: Original Hardwood Pine
  • Room Dimensions: 11.75 x 9.08
  • Room Length: 9.08
  • Room Level: Second
  • Room Width: 11.75
  • Room Flooring: Wood
Room 7
  • Room Type: FullBath
  • Room Dimensions: 7.08 x 7.08
  • Room Length: 7.08
  • Room Level: First
  • Room Width: 7.08
  • Room Flooring: Laminate
Room 8
  • Room Type: Bedroom
  • Room Description: Original Hardwood Oak
  • Room Dimensions: 13.58 x 11.58
  • Room Length: 11.58
  • Room Level: First
  • Room Width: 13.58
  • Room Flooring: Wood
Room 9
  • Room Type: PrimaryBedroom
  • Room Description: Original Hardwood Oak
  • Room Dimensions: 16.83 x 15.17
  • Room Length: 15.17
  • Room Level: First
  • Room Width: 16.83
  • Room Flooring: Wood
Room 10
  • Room Type: LivingRoom
  • Room Description: Original Hardwood Oak
  • Room Dimensions: 15.17 x 15.17
  • Room Length: 15.17
  • Room Level: First
  • Room Width: 15.17
  • Room Flooring: Wood
Room 11
  • Room Type: Kitchen
  • Room Dimensions: 11.67 x 9.08
  • Room Length: 9.08
  • Room Level: First
  • Room Width: 11.67
  • Room Flooring: Laminate
Mobile Home
Mobile Home Information
  • Human Modified: Yes
Agent
Confidential
  • Internet Entire Listing Display: Yes
Rental
Rental Information
  • Lease Considered: No
  • Occupant Type: Tenant

Property History for 1928 East Spring Street

DateEvent & SourcePriceAppreciation
May 28, 2026

Price Change

Southern Indiana REALTORS® Association #202607915

$319,000
May 5, 2026

Listed (Active)

Southern Indiana REALTORS® Association #202607915

$325,000
May 24, 2021

Sold

Southern Indiana REALTORS® Association #202105494

$172,000
DateEvent & SourcePrice
05/28/2026

Price Change

Southern Indiana REALTORS® Association #202607915

$319,000
05/05/2026

Listed (Active)

Southern Indiana REALTORS® Association #202607915

$325,000
05/24/2021

Sold

Southern Indiana REALTORS® Association #202105494

$172,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1928 East Spring Street

Taxable ValueLand$11,500Additions$102,700Total$114,200
Tax Record2025$2,408 ($201 / month)
Home Facts
Baths2Total Finished SqFt2,520 SqFtAbove Grade Finished SqFt2,520 SqFtStories2Lot Size4,182 SqFtStyleDuplexYear Built1929CountyFLOYDAPN22-05-02-801-054.000-008Fireplace TypeHas Fireplace

Schools near 1928 East Spring Street

This home is within New Albany-Floyd County Con Sch.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Slate Run Elementary School
PublicPK to 4

Hazelwood Middle School
Public5 to 8

New Albany Senior High School
Public9 to 12

Prosser Career Education Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

1928 East Spring Street is a multi-family home for sale in New Albany, IN 47150. This property was listed for sale on May 5, 2026 by Semonin REALTORS, it's currently listed at $319,000. It has been on the market for a total of 28 days and was last sold on May 24, 2021. This listing's school district is New Albany-Floyd County Con Sch. Nearby schools include Slate Run Elementary School, Hazelwood Middle School and New Albany Senior High School. 1928 East Spring Street is a 5-bed, 2-bath, 3,209 sqft multi-family home built in 1929.

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Listing Courtesy of Semonin REALTORS

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.