702 Cherokee Drive New Albany, IN $ 185,000
702 Cherokee Drive
$ 185,000
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702 Cherokee Drive

New Albany, IN, 47150
$ 185,000
Bedrooms4 Baths1.1 Sq 1,536

Monthly Estimate*

$ 1,139

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Single Family Home for sale in New Albany, IN

for $185,000 with 4 bedrooms and 1 full bath, 1 half bath. This 1,536 square foot home was built in 1963 on a lot size of 0.208.

Spacious bi-Level situated on oversized corner lot, offering over 1,500 square feet of living space! Priced well below market value this home is perfect for an investor, or the owner occupant looking for an instant equity opportunity. Home is solid and needs some cosmetic TLC. This is a great opportunity to purchase in Indian Heights subdivision. Floor plan offers two common area living spaces. Lower level living space could easily be modified to make an open concept kitchen to dining room area. Current eat-in kitchen includes full compliment of stainless kitchen appliances. Laundry room is located conveniently in profesionally waterproofed lower level. Walk-out provides direct access to fenced back yard. Air conditioner and furnace replaced in 2022. Call today for your private showing!

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Single Family Active

Price

$ 185,000

Bedrooms

4

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 1,692

Style

Lot Size

0.208

Year Built

1963

Town/City

New Albany

County/Region

Floyd

MLS | Web ID

202608582

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Possession Negotiable
Zoning Residential
Garage Spaces 1
Architectural Style Bi-Level
Construction Materials Vinyl Siding Frame
Year Built 1963
Township New Albany
Levels Two
Property Subtype Residential
County Floyd
New Construction false
Property Type Residential
HOA false
Attached Garage true
Subdivision Name Indian Heights
Garage Y/N true
Total Rooms 0
Full Baths 1
Status Active
Directions I265 to Grant Line Rd Exit South on Grant Line to Cherokee Drive Right on Cherokee Home is on Right
City New Albany
Zoning Description Residential
Lot Size Units Acres
Lot Size Square Feet 9060.48
Listing Terms Cash FHA VA Loan
Tax Annual Amount 1692
Home Warranty Y/N false
Property Condition Resale
Lease Considered Y/N false
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional Residential
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Interior
Interior Amenities Ceiling Fan(s) Entrance Foyer Eat-in Kitchen Mud Room Utility Room
Basement Walk-Out Access Sump Pump
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 768
Half Baths 1
Laundry Features In Basement Laundry Room
Total Bedrooms 4
Below Grade Finished Area 768
Total Baths 2
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Exterior
Exterior Amenities Paved Driveway
Parking Features Attached Garage Faces Front Garage
Water Source Connected Public
Lot Size Area 0.208
Building Area Total 1536
Lot Size Acres 0.208
Lot Size Source Assessor
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* Excluded Features
List By
Heather Robinson

Listing Agent

Green Tree Real Estate Services

Broker

heather@heatherrobinsonrealty.com

Email

Affordability Calculator

$1,280
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,139
Monthly Property Taxes
$141
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5/25/2026$185,000 Listed Price

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702 Cherokee Drive, New Albany, IN, 47150 is a Single Family Home for sale at $185,000 with 1,536 sqft and a lot size of 0.208. 702 Cherokee Drive has 4 bedrooms, 1.1 baths, and was built in 1963. The property's zip code is 47150 which is in New Albany, IN