916 East Spring Street

Off Market

916 East Spring Street

New Albany IN 47150

2780 sq. ft.

3920.4 sq. ft.

Single-Family

Last sold for $201,300

Douglas Harritt, last sold this property on 29 September 2026 after 53 days on market.

Overview

DOWNTOWN NEW ALBANY 4-PLEX | ONLINE AUCTION - BIDDING ENDS: TUESDAY, AUGUST 25 @ 2PM. Turn-of-the-century four-unit apartment building offers a rare investment opportunity just east of the heart of downtown New Albany in the East Spring Street Historic District. The two-story building contains four one-bedroom apartments, two units on each level with parking in rear with alley access. Covered front porch with entry foyer for Units 1 & 2 with original staircase. 10’ ceilings. Cozy wall furnace units in Apartments 3 & 4. Separate gas & electric meters. Agent estimates age of home earlier - courthouse records indicate 1929. Ready for complete rehabilitation, the property presents an excellent opportunity for investors, contractors, or developers to restore and reposition this income-producing property in one of Southern Indiana’s most sought after downtown districts. Convenient access to I-64 Sherman Minton Bridge. TERMS: 10% BUYERS PREMIUM added to hammer bid to determine purchase price. A 10% non-refundable down payment is due within 24 hours, with balance due in 40 days. Selling as-is with no contingencies. Inspections are welcomed prior to auction. Financing is permitted but not contingent upon loan approval or appraisal. The buyer pays all closing costs. Possession at closing. Taxes prorated to closing. See Bid Packet for complete terms.

Features

4 bedrooms

4 bathrooms

2780 sq. ft. floor area

3920.4 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in New Albany over the last 12 months, the estimated median property value of 916 East Spring Street is $329.95k.

Median value

$329.95k

Estimated value range

$92.5k - $840k

Median days on market

Estimated value trend

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 916 East Spring Street

2026

Sold

$201,300

29 Sep 2026 by Douglas Harritt, of Harritt Group, Inc

Happy sellers in New Albany

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 4 bedroom single-family properties in New Albany

In the last 12 months, 162 four-bedroom single-family properties similar to 916 East Spring Street, have been sold.

This represents a 5% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in New Albany for a market analysis.

Angie Tonini-Rogers

at Homepage Realty

(76 reviews)

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William Andes

at eXp Realty

(279 reviews)

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Teresa Wallace

at Keller Williams Realty Louisville

(1 review)

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David Bauer

at Schuler Bauer Real Estate Services ERA Powered

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Angie Tonini-Rogers

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