OFF MARKET
Google street view image for 1502 E Spring St, New Albany, IN 47150
Off market
$155,796
4
bd
•
2 ba
•
1,830
sq ft

1502 E Spring St, New Albany, IN 47150

map-entry

About this home

1502 E Spring St is a 1,830 square foot multi-family home on a 2,962 square foot lot with 4 bedrooms and 2 bathrooms. Based on Redfin's New Albany data, we estimate the home's value is $155,796.
Multi-familyProperty Type
1929Year Built
2,962 sq ftLot Size
$85Est. Price/Sq.Ft.
1 spaceParking
Source:Public Records

Redfin Estimate

$155,796
$0 since October

This home's estimate is 20.4% lower than the average sale price ($196K) of 6 comparable homes.

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Earn from this home

Sell
$143,884
Est. take-home

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Market trends in 47150, IN

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price
97.4%

0.9% MoM

Median sale price
$250K

$11K MoM

Avg. days on market
57d

2 days MoM

Recently sold homes
174

4 MoM

New listings for sale

Provided by Redfin

Sale history for 1502 E Spring St

Tax history for 1502 E Spring St

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

MC

Mixed-Use Corridor Commercial

The Mixed-Use Corridor Commercial district is intended to accommodate a variety of Commercial and residential uses along the primary transportation corridors of the City. The mix of uses should create a high-quality pedestrianoriented environment within walking distance of local neighborhoods. This district provides a variety of neighborhood-oriented Commercial uses including small-scale shopping centers, supermarkets, bakeries, pharmacies, variety stores, restaurants, laundries, and hardware stores. Residential uses are a Multifamily Building type. Mixed-Use Buildings are encouraged. Given the various uses and densities within and adjoining the district, new Development will need to be compatible with the adjacent uses.
Permitted uses

Include but are not limited to:

  • General retail
  • Restaurant
  • Housing-Multiple units
  • Housing-Senior
  • Hotel / motel
  • Office
  • Public service
  • Educational/school
  • Library
  • Museum / gallery

Property details

Around this home

Schools

S Ellen Jones Elementary School

Public PreK-4 • Assigned • 0.3mi

3/10
Nathaniel Scribner Middle School

Public 5-8 • Assigned • 1.8mi

7/10
New Albany Senior High School

Public 9-12 • Assigned • 0.5mi

4/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

6/10 Flood Factor

Estimated 67-74% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 106° expected this year, 20 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

New Albany, IN • 47150
Average low and high temperatures (°F)
39
21
49
29
66
42
74
52
76
57
87
67
91
73
88
67
85
60
72
50
59
41
48
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 3.7 hours in December, placing it below the U.S. average for solar exposure.

9.5 hrs
3.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$149,000 – $180,000

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$200 HOA • Built 1997 • Listed 4 days

Home values near 1502 E Spring St

Data from public records.

More real estate resources

Midtown Albany homes for sale
East Spring Street Historic District homes for sale
New Albany homes for sale
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