1217 E Spring Street New Albany, IN $ 595,000
1217 E Spring Street
$ 595,000
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1217 E Spring Street

New Albany, IN, 47150
$ 595,000
Baths3.0 Sq 5,935

Monthly Estimate*

$ 3,712

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Studio

Single Family Home for sale in New Albany, IN

for $595,000 with 3 full baths. This 5,935 square foot home was built in 1929 on a lot size of 0.51.

Discover a Living Legacy in New Albany! Presenting the Alexander Dowling Home, a heritage-rich Italianate gem nestled at 1217 E. Spring Street in New Albany’s esteemed East Spring Street Historic District—Listed on the Historic Registry. A Historic Beacon of Legal Distinction originally owned by Alexander Dowling, an esteemed justice of the Indiana Supreme Court (1899–1905), this residence symbolizes legal prestige and local legacy. Dowling played pivotal roles in New Albany as a prosecuting attorney, city attorney, founder and president of the Mutual Trust and Deposit Company, and long-serving bank director. Architectural Grandeur & Timeless Style crafted in the Italianate style circa 1870, the home features hallmark characteristics—tall, narrow windows, intricate cornices, and a gracious, vertical elegance. An 1888 addition adds both charm and architectural depth to the structure. Its preservation as part of a historic district ensures its architectural integrity continues to shine. The home can be restored to it's original brilliance of a grandiose home or divided into multiple living spaces. This home also falls within proximity to the broader New Albany Downtown Historic District and many businesses. Seller is open to owner financing terms and/or a purchase contract as well. Parking lot next door is part of the property.

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Single Family Active

Price

$ 595,000

Bedrooms

Studio

Full Bath

3

Property Type

Single Family

Taxes

$ 7,563

Style

Lot Size

0.51

Year Built

1929

Town/City

New Albany

County/Region

Floyd

MLS | Web ID

2025010318

Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Central Air
Possession Close Of Escrow
Roof Other
Zoning Residential
Garage Spaces 4
Architectural Style Two Story
Construction Materials Wood Siding
Year Built 1929
Stories Count 2
Township New Albany
Levels Two
Property Subtype Residential
Community Features Sidewalks
County Floyd
New Construction false
Property Type Residential
HOA false
Attached Garage true
Garage Y/N true
Total Rooms 0
Full Baths 3
Status Active
Directions State Street to left on Spring Street home is on the lelft.
City New Albany
Zoning Description Residential
Lot Size Units Acres
Lot Size Square Feet 22215.6
Listing Terms Cash Conventional Lease Option
Tax Annual Amount 7563
Home Warranty Y/N false
Property Condition Resale
Lease Considered Y/N false
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Residential
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Interior
Interior Amenities Open Floorplan Storage Vaulted Ceiling(s) Natural Woodwork
Basement Partial
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 5935
Half Baths 0
Total Bedrooms 0
Below Grade Finished Area 0
Total Baths 3
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Exterior
Exterior Amenities Handicap Accessible Landscaping Paved Driveway
Parking Features Attached Garage
Lot Features Additional Land Available Corner Lot
Water Source Connected Public
Lot Size Area 0.51
Foundation Details Block
Building Area Total 5935
Lot Dimensions 80x170
Lot Size Acres 0.51
Road Surface Type Paved
Other Parking Other
Lot Size Source Assessor
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* Excluded Features
List By
Kim Kraft

Listing Agent

Berkshire Hathaway Homeservices Parks & Weisberg R

Broker

kkraft@bhhspw.com

Email

Affordability Calculator

$4,342
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,712
Monthly Property Taxes
$630
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
11/26/2025$595,000 Listed Price

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1217 E Spring Street, New Albany, IN, 47150 is a Single Family Home for sale at $595,000 with 5,935 sqft and a lot size of 0.51. 1217 E Spring Street is a studio with 3.0 baths and was built in 1929. The property's zip code is 47150 which is in New Albany, IN