About This Home

This 4-bedroom, 1-bathroom single family at 613 E 5th Street in New Albany, IN is listed for $104,900 ($72 per sqft). Built in 1929, the home offers 1,448 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1929
  • 0.11 acre lot
  • 2 stories

Property Details

2 stories
1 full
1929
Listing Description

Location, potential and space! Investor Opportunity in Downtown New Albany! This traditional shotgun style home offers 4 bedrooms, 1 bath, and plenty of potential for investors or buyers ready to take on a renovation project. Several improvements have already been completed, including new windows throughout the home in 2023, a new shingle roof inst

alled by JT Roofs after removal of the old metal roofing and replacement of the roof decking, and new gutters throughout. The bathroom has seen updates, including a newer bathtub faucet, tile, vanity, medicine cabinet, lighting, fixtures, paint, and flooring.

Improvements to the first-floor living room, two bedrooms, and dining room include new OSB subflooring and various vinyl flooring finishes, along with fresh paint in the living room and both first-floor bedrooms. Additional updates include new ceiling fans in the kitchen and living room, a new gas line beneath the home extending to the exterior met

er, insulation and replacement of the walls and ceilings in the utility room, a new privacy fence, and an outdoor storage shed. The home has a furnace but no central air; window units provide cooling. While several updates have been made, the property still needs TLC, offering an opportunity to bring your vision and make it your own. Conveniently located in downtown New Albany, close to local amenities and everyday conveniences. Bring your ideas and explore the potential this property has to offer! BEING SOLD AS IS

Monthly Cost Estimate

$561/mo

20% down · 6.5% · 30 years

Principal$76
Interest$455
Insurance$31

Estimates only. Actual payments may vary.

Location

613 E 5th Street

New Albany, IN 47150

Features & Amenities

Interior Features

1st Floor MainEat-in Kitchen

Property Details

Heating

Forced Air

Appliances

Range / Oven

Questions & Answers

This 4-bedroom, 1-bathroom single family at 613 E 5th Street is listed at $104,900 ($72/sqft). The estimated monthly payment is $561 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1929, 0.11 acre lot, 2 stories. Interior Features: 1st Floor Main, Eat-in Kitchen.

This property is listed by Kim LaPilusa.

KL

Kim LaPilusa

Agent at GreenTree Real Estate Services

Listed by GreenTree Real Estate Services · Broker phone: (502) 930-0727 · View on Broker Site · Broker website

MLS# 2026012521· Source: Southern Indiana REALTORS Association· 16 days on PropertySimple

Copyright © 2026 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

613 E 5th Street, New Albany, IN 47150

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