2871 Charlestown Rd is a 2,431 square foot multi-family home on a 0.5 acre lot with 1 bathroom. Based on Redfin's New Albany data, we estimate the home's value is $333,581.
Multi-familyProperty Type
1992Year Built
0.5 acresLot Size
$137Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$333,581
$3,000 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 16.7% higher than the average sale price ($286K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$5,399 (+15.6%)
$101,300 + $154,500
$255,800
2024
$4,672 (+23.6%)
$101,300 + $118,400
$219,700
2023
$3,779 (−1.6%)
$101,300 + $74,800
$176,100
2022
$3,841 (+2.8%)
$101,300 + $77,600
$178,900
2021
$3,735 (−0.1%)
$101,300 + $71,300
$172,600
2020
$3,739
$101,300 + $71,300
$172,600
2019
$3,740 (−0.1%)
$101,300 + $71,300
$172,600
2018
$3,744 (−2.7%)
$101,300 + $70,500
$171,800
2017
$3,848
$101,300 + $71,400
$172,700
Tax history for 2871 Charlestown Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,399 (+15.6%)
$101,300 + $154,500
$255,800
2024
$4,672 (+23.6%)
$101,300 + $118,400
$219,700
2023
$3,779 (−1.6%)
$101,300 + $74,800
$176,100
2022
$3,841 (+2.8%)
$101,300 + $77,600
$178,900
2021
$3,735 (−0.1%)
$101,300 + $71,300
$172,600
2020
$3,739
$101,300 + $71,300
$172,600
2019
$3,740 (−0.1%)
$101,300 + $71,300
$172,600
2018
$3,744 (−2.7%)
$101,300 + $70,500
$171,800
2017
$3,848
$101,300 + $71,400
$172,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
MDR
Mixed Density Residential
The Mixed Density Residential district is intended for the broadest range of residential densities from Single Family Dwellings to Multifamily Dwellings. This district provides a transition from low density residential uses to traditional neighbors and the City’s urban core. The appropriateness of uses and Building types will depend upon compatibility of new Development with the adjacent neighborhood.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Other
Public service
Post office
Golf related
Park & open space
Property details
Interior
Bathroom Information
# of 1/2 Baths: 2
# of Bathroom Fixtures: 7
Heating & Cooling
Air Conditioning Type: Central
Heating Fuel Type: Gas
Heating Type: Warm Air
Room Information
# of Rooms: 2
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Brick/Stone
Building Type: Duplex
Property Information
Subdivision Name: ILLINOIS GRANT
Living Sq. Ft: 2,431
Adjusted Gross Sq. Ft: 2,431
Building Sq. Ft: 2,431
# of Stories: 1
Legal Description: 63 ILL. GNT. .50 AC
Lot Information
# of Buildings: 1
Land Sq. Ft: 21,780
Municipality Name: NEW ALBANY TOWNSHIP
Acres: 0.5
County Use Description: OTHER COMMERCIAL
Utility Information
Electricity / Wiring Type: Available
Sewer Type: Public
Water Service Type: Public
Financial
Assessor Information
Assessment Year: 2025
Tax District County: NEW ALBANY CITY
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 2,431
Stories: 1.0
Lot Size: 0.5 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1992
Year Renovated: 1992
County: Floyd County
APN: 220506300336001008
Home facts updated by county records on Aug 13, 2026
Around this home
Schools
K - 12
Preschool & daycare
Slate Run Elementary School
Public PreK-4 • Assigned • 1.2mi
8/10
Hazelwood Middle School
Public 5-8 • Assigned • 2.3mi
5/10
New Albany Senior High School
Public 9-12 • Assigned • 2.4mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
8/10 Flood Factor
Estimated 74-82% 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
$317,000 – $384,000
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