Back 3503 Lancaster Drive
Off Market

3503 Lancaster Drive

New Albany IN 47150

3
2
2
2276 sq. ft.
14374.8 sq. ft.
Single-Family
Last sold for $258,000
Bob MurphyBob Murphy, last sold this property on 12 December 2025 after -209 days on market.

Overview

PRICED TO SELL - Investor Special in Desirable Lancaster Woods! This 2,001 sq ft quad-level home offers tremendous potential at just $259,900. With 4 bedrooms and 2 full baths, the property features an excellent layout perfect for entertaining - including a spacious family room with wood-burning fireplace flowing into a beautiful sunroom, plus formal living and dining rooms. The bones are solid: Brand new roof, gutters, and trim make this home shine from the outside. The property sits on a quiet dead-end street in sought-after New Albany-Floyd County Schools district. Two-car attached garage, paved driveway, and lovely landscaping complete the package. Inside awaits your vision: This estate sale property needs cosmetic updates and TLC, which is fully reflected in the aggressive pricing. Perfect for investors, flippers, or buyers willing to put in sweat equity to create instant equity. The home comes with a 1-year America's Preferred Home Warranty. Additional features: Partially finished basement, first-floor laundry, built-in bookcases, ceiling fans, natural wood trim throughout, and a functional floor plan that maximizes the 2,001 total finished square feet. Don't miss this opportunity to add value in a desirable neighborhood! Sold AS-IS. Schedule your showing today through Broker Bay.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
2276 sq. ft. floor area
14374.8 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in New Albany over the last 12 months, the estimated median property value of 3503 Lancaster Drive is $245k.

Median value
$245k
Estimated value range
$34k - $1.05m
Median days on market
56
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in New Albany. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3503 Lancaster Drive

2025
Sold
$258,000
12 Dec 2025 by Bob Murphy, of RE/MAX Advantage

Happy sellers in New Albany

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We have insufficient information to provide an overview of customer satisfaction for New Albany. Viewing the agent profiles, reviews and sales for New Albany can provide insights for this location.

Local market activity for 3 bedroom single-family properties in New Albany

In the last 12 months, 340 three-bedroom single-family properties similar to 3503 Lancaster Drive, have been sold.

This represents a 23% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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