245 Cherry Street

New Albany, IN 47150

$239,000
Price
4
Beds
2
Baths
2
1/2 Baths
1,994 Sq. Ft.
$120 / Sq. Ft.
1,994
Sq. Ft.
$120
per Sq. Ft.

Description

This mirror image DUPLEX is the perfect INVESTMENT opportunity! Each apartment has 2 bedrooms, 1 full bath, and a 1/2 bath. Each unit has an attached one car garage in the basement with inside stair entry leading to the individual apartment. The attached garage itself is a tenant's dream! The kitchen is nice and open to allow for an eat in table. This duplex brings in a total of $1800/month. Apartment A has a long term tenant who is on a month-to-month lease bringing in $650/month. Apartment B is...This mirror image DUPLEX is the perfect INVESTMENT opportunity! Each apartment has 2 bedrooms, 1 full bath, and a 1/2 bath. Each unit has an attached one car garage in the basement with inside stair entry leading to the individual apartment. The attached garage itself is a tenant's dream! The kitchen is nice and open to allow for an eat in table. This duplex brings in a total of $1800/month. Apartment A has a long term tenant who is on a month-to-month lease bringing in $650/month. Apartment B is bringing in $1,150/month. Apartment B has been completely redone top to bottom and has potential to rent for $1400/month or better yet, live in one and let the other pay your mortgage! Mandatory 48 hours notice for all showings. All square footage and room sizes are approximate.
  1. Listed by Sara Taylor-Hughes • eXp Realty, LLC • 888-611-3912

Property Details for 245 Cherry Street

Architectural Style
TwoStory
Stories
2

Location

Listing Courtesy of eXp Realty, LLC
Add your commute
LISTING UPDATED: 04/25/2024 10:24 AM

Property Details for 245 Cherry Street

StatusActive
MLS #202407018
Days on Market29
Taxes$1,407 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Duplex
Year Built1990
Lot Size0.26 AC / 11,325 SF
CountyFloyd County

Location

Listing Courtesy of eXp Realty, LLC
Add your commute

Building Information for 245 Cherry Street

Stories2Residences-Year Built1990Building Size-Lot Size0.26 AC / 11,325 SF

Payment Calculator

$1,422 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,304

Property Taxes

$117

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 245 Cherry Street

Summary
Location and General Information
  • Directions: State Street to Cherry Street. Duplex will be on the left. OR put it in your GPS
  • State Or Province: IN
  • Township: New Albany
  • Postal Code: 47150
  • City: New Albany
  • County Or Parish: Floyd
Taxes and HOA Information
  • Tax Annual Amount: $1,407.00
  • Tax Legal Description: P. 94 E 37' L. 6 W 39' L. 7
  • Parcel Number: 220503401369000008
Parking
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Basement
  • Other Parking: Off Street
Property
Lot Information
  • Above Grade Finished Area Source: Owner
  • Below Grade Finished Area: 0.0
  • Above Grade Finished Area: 1994.0
  • Living Area: 1994.0
  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Source: Owner
  • Lot Size Square Feet: 11325.6
  • Lot Size Units: Acres
  • Building Area Source: Owner
  • Building Area Total: 1994.0
Property and Assessments
  • Road Surface Type: Paved
  • Property Condition: Resale
  • Year Built: 1990
  • New Construction: No
Utilities
  • Water Source: Connected, Public
  • Sewer: PublicSewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: VinylSiding
  • Structure Type: Duplex
Interior Features
  • Basement: Yes
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, SelfCleaningOven, Washer
  • Basement: Full
  • Cooling: Yes
  • Cooling: CentralAir
  • Fireplace: No
  • Bathrooms Full: 2
  • Bathrooms Half: 2
  • Bathrooms Total Integer: 4
  • Heating: Yes
  • Bedrooms Total: 4
  • Heating: ForcedAir
  • Laundry Features: LaundryCloset, MainLevel
  • Levels: Two
  • Rooms Total: 6
  • Interior Features: CeilingFans, EatinKitchen, UtilityRoom
Room Information
Room 1
  • Room Type: FullBath
  • Room Level: Second
Room 2
  • Room Type: Bedroom
  • Room Dimensions: 10 x 12
  • Room Length: 12.0
  • Room Level: Second
  • Room Width: 10.0
Room 3
  • Room Type: PrimaryBedroom
  • Room Dimensions: 10 x 13
  • Room Length: 13.0
  • Room Level: Second
  • Room Width: 10.0
Room 4
  • Room Type: HalfBath
  • Room Level: First
Room 5
  • Room Type: Kitchen
  • Room Description: also has a laundry closet
  • Room Dimensions: 12 x 13
  • Room Length: 13.0
  • Room Level: First
  • Room Width: 12.0
Room 6
  • Room Type: LivingRoom
  • Room Dimensions: 13 x 13.5
  • Room Length: 13.5
  • Room Level: First
  • Room Width: 13.0
Mobile Home
Mobile Home Information
  • Human Modified: Yes
Agent
Confidential
  • Internet Entire Listing Display: Yes

Property History for 245 Cherry Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 245 Cherry 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 - 11 to 12
Rating
School
Distance
S Ellen Jones Elementary School
PublicPK to 4

Nathaniel Scribner Middle School
Public5 to 8

New Albany Senior High School
Public9 to 12

Prosser Career Education Center
Public11 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

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245 Cherry Street is a multi-family home for sale in New Albany, IN 47150. This property was listed for sale on April 9, 2024 by eXp Realty, LLC, it's currently listed at $239,000. It has been on the market for a total of 29 days and was last sold on February 1, 2021. This listing's school district is New Albany-Floyd County Con Sch. Nearby schools include S Ellen Jones Elementary School, Nathaniel Scribner Middle School and New Albany Senior High School. 245 Cherry Street is a 4-bed, 3-bath, 1,994 sqft multi-family home built in 1990.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

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.