701 W Spring St is a 1,142 square foot house on a 2,614 square foot lot with 1 bedroom and 1 bathroom. Based on Redfin's New Albany data, we estimate the home's value is $128,620.
Single-familyProperty Type
1929Year Built
2,614 sq ftLot Size
$113Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$128,620
$4,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 38.1% higher than the average sale price ($93K) 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
$2,138 (+24.3%)
$9,600 + $91,800
$101,400
2024
$1,720 (−10.7%)
$9,600 + $71,400
$81,000
2023
$1,927 (+4.0%)
$9,600 + $80,100
$89,700
2022
$1,852 (+7.4%)
$9,600 + $76,600
$86,200
2021
$1,725 (−0.1%)
$9,600 + $70,100
$79,700
2020
$1,727 (+10.4%)
$9,600 + $70,100
$79,700
2019
$1,565 (−2.1%)
$9,600 + $62,600
$72,200
2018
$1,599 (+1.2%)
$9,600 + $61,900
$71,500
2017
$1,580 (+11.5%)
$9,600 + $60,900
$70,500
2016
$1,417 (+18.6%)
$9,600 + $60,900
$70,500
2015
$1,195 (+87.9%)
$9,600 + $49,800
$59,400
2013
$636
$9,600 + $22,200
$31,800
Tax history for 701 W Spring St
Year
Property tax
Land + Additions
Assessment*
2025
$2,138 (+24.3%)
$9,600 + $91,800
$101,400
2024
$1,720 (−10.7%)
$9,600 + $71,400
$81,000
2023
$1,927 (+4.0%)
$9,600 + $80,100
$89,700
2022
$1,852 (+7.4%)
$9,600 + $76,600
$86,200
2021
$1,725 (−0.1%)
$9,600 + $70,100
$79,700
2020
$1,727 (+10.4%)
$9,600 + $70,100
$79,700
2019
$1,565 (−2.1%)
$9,600 + $62,600
$72,200
2018
$1,599 (+1.2%)
$9,600 + $61,900
$71,500
2017
$1,580 (+11.5%)
$9,600 + $60,900
$70,500
2016
$1,417 (+18.6%)
$9,600 + $60,900
$70,500
2015
$1,195 (+87.9%)
$9,600 + $49,800
$59,400
2013
$636
$9,600 + $22,200
$31,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
D
Downtown District
The Downtown district is intended for the expansion of residential, employment, Governmental, and recreational Uses currently found within the downtown area to continue its revitalization and create a high-quality pedestrianoriented environment. Commercial uses, office space, residential uses, and compatible light industrial uses are appropriate in this district.
Permitted uses
Include but are not limited to:
General retail
Restaurant
Housing-Single unit
Housing-Multiple units
Bed & breakfast
Hotel / motel
Office
Public service
Library
Museum / gallery
Property details
Interior
Basement Information
Basement Sq. Ft: 571
Basement Type: Partial Finished
Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 5
Heating & Cooling
Air Conditioning Type: Central
Heating Fuel Type: Gas
Heating Type: Warm Air
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Good
Construction Type: Wood
Building Type: Single Family
Property Information
Subdivision Name: WOODRUFFS E & F
Living Sq. Ft: 1,142
Adjusted Gross Sq. Ft: 1,713
Building Sq. Ft: 1,713
# of Stories: 1
Legal Description: P 146 L 15
Lot Information
# of Buildings: 1
Land Sq. Ft: 2,614
Legal Lot Number: 15
Municipality Name: NEW ALBANY TOWNSHIP
Acres: 0.06
Depth Footage: 100
Front Footage: 30
County Use Description: SINGLE FAMILY PLATTED LOT
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: 1
Baths: 1.0
Sq. Ft.: 1,142
Stories: 1.0
Lot Size: 2,614 square feet
Style: Single Family Residential
Year Built: 1929
Year Renovated: 1929
County: Floyd County
APN: 220500300586000008
Home facts updated by county records on May 28, 2026
Around this home
Schools
Nathaniel Scribner Middle School
Public 5-8 • Assigned • 0.7mi
7/10
New Albany Senior High School
Public 9-12 • Assigned • 1.6mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk 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
73
49
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
$123,000 – $148,000
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