916 E Spring St | Image 1
New
Open House
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Price Unavailable

For Sale

5 days ago

916 E Spring St, New Albany, IN

House

MLS® 2026010750

4 Bed

4 Bath

2780 sqft

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Open House
Tue Aug 25, 11:00 AM - 1:00 PM EDT
  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential
Size 2780 sqft
Garage 
Taxes $3,311
Days Active 5
Lot Size 0.09 Acres
Approx. Age 1929
MLS® Number 2026010750

Property Address: 916 E Spring St, New Albany, IN, 47150-2959

Average square foot calculated using Size range provided by listing agent.

Description

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. 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.
MLS® Number2026010750
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1929
BasementCrawl Space
Driveway
Garage Spaces
HeatForced Air, Other
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 6, 2026List Date
Contact for Price
  • Commute

Commute

Starting Address
Destination Address
916 E Spring St, New Albany, IN

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