1738 IN-111 New Albany, IN $ 375,000
1738 IN-111
$ 375,000
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1738 IN-111

New Albany, IN, 47150
$ 375,000
Bedrooms4 Baths3.0 Sq 3,788

Monthly Estimate*

$ 2,619

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Single Family Home for sale in New Albany, IN

for $375,000 with 4 bedrooms and 3 full baths. This 3,788 square foot home was built in 1864 on a lot size of 1.53.

Welcome to 'Rabbit Ridge,' a cherished historic estate steeped in the tales of riverboat entrepreneurs and embodying the resilient spirit of a burgeoning community along the majestic Ohio River, established in 1840. Nestled on a 1.5-acre lot near downtown New Albany and Louisville, this iconic 1839 Federal style home, referred to by many as 'Rabbit Ridge,' stands as a pinnacle of historic grandeur. Originally built by Charles Dowerman during the steamboat-building era, this estate has been lovingly restored with character and charm. This home features antique multi-paned windows from an old shopfront in Louisville's West End, while ornate wood paneling recycled from an old church confessional adorns one of the bedrooms. In the summer kitchen, a stunning blend of stained glass windows sourced from St. Mark's church in New Albany and the Dane house in Louisville add a distinctive touch, harmonizing two distinct histories. This remarkable property is ideal for an investor as it is an established and successful Air B&B business. With no immediate neighbors on either side, it is the perfect place to host large groups and can double as a beautiful event space. Guests love the updated kitchen with a large island and the large classic dining room featuring a custom-built armoire. The large formal living room, seamlessly flows into an office/den with exposed wood beams that were salvaged from an old barn on the property. The summer kitchen boasts elegant stained glass windows and a loft area. Ascend the split staircase to discover a pub room with a wet bar and three bedrooms adorned with built-in wardrobe armoires, a covered balcony, and two full bathrooms. The home further boasts four mantled fireplaces, antique fixtures, molding, high ceilings, large windows, and hardwood floors. A detached three-car garage complements the expansive 1.5-acre grounds, providing both space and privacy. Discover the allure of 'Rabbit Ridge' and its blend of history and modern comfort. Call today to embark on a private tour and immerse yourself in the timeless charm and potential this historic estate holds.

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Single Family Active

Price

$ 375,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 0

Style

2 Story

Lot Size

1.53

Year Built

1864

Town/City

New Albany

County/Region

Floyd

MLS | Web ID

1649967

Features
General
Heating Forced Air Natural Gas
Cooling Central Air
Utilities Electricity Connected Fuel:Natural Public Sewer Public Water
Roof Shingle
Exterior Features Patio Balcony
HOA 0.0
Garage Spaces 3.0
Construction Materials Brick
Year Built 1864
Stories 2
Property SubType Single Family Residence
County Floyd
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Subdivision Name NONE
Garage Y/N Y
Total Rooms 13
Status Active
Directions Just off Hwy 111 on the right
City New Albany
View Y/N N
MLS Area 12-Other Counties
Lot Size Square Feet 66646.8
Carport Y/N N
Street Name IN-111
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 12-Other Counties
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 0000
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Interior
Basement Cellar
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 3532.0
Full Baths 3
Half Baths 0
Total Bedrooms 4
Below Grade Finished Area 0.0
Electric On Property Y/N N
Total Baths 3
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Exterior
Parking Features Detached Driveway
Lot Features Cleared
Lot Size Area 1.53
Foundation Details Crawl Space
Spa N
Building Area Total 3532.0
Lot Size Acres 1.53
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1738
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* Excluded Features
List By
Six Degrees Real Estate, Llc

Broker

katy@sixdegreesre.com

Email

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Monthly Principal & Interest
$2,619
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
518801 Elementary School
518802 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/17/2023$375,000 Listed Price

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1738 IN-111, New Albany, IN, 47150 is a Single Family Home for sale at $375,000 with 3,788 sqft and a lot size of 1.53. 1738 IN-111 has 4 bedrooms, 3.0 baths, and was built in 1864. The property's zip code is 47150 which is in New Albany, IN