515 Mills Lane New Albany, IN $ 175,000
515 Mills Lane
$ 175,000
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515 Mills Lane

New Albany, IN, 47150
$ 175,000
Bedrooms3 Baths2.0 Sq 1,200

Monthly Estimate*

$ 1,105

515 Mills Lane, New Albany, IN 47150 - Image 1
515 Mills Lane, New Albany, IN 47150 - Image 2
515 Mills Lane, New Albany, IN 47150 - Image 3
515 Mills Lane, New Albany, IN 47150 - Image 4
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515 Mills Lane, New Albany, IN 47150 - Image 6
515 Mills Lane, New Albany, IN 47150 - Image 7

Single Family Home for sale in New Albany, IN

for $175,000 with 3 bedrooms and 2 full baths. This 1,200 square foot home was built in 1976 on a lot size of 0.46.

3 bedroom, 2 full bath one-story home on about 0.46 acres at the end of Mills Lane in New Albany. About 1,200 finished square feet with a main-level layout, split bedrooms, and a first-floor utility area. Vinyl siding, deck, and a covered porch. Detached 2-car garage plus additional outbuildings for storage, parking, or a workshop. Dead-end street with creek frontage. Public water and sewer, electric heat pump, and central air. Paved road access. No HOA. New Albany-Floyd County schools. Easy reach of Green Valley Road and town.

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Single Family Active

Price

$ 175,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 2,682

Style

Lot Size

0.46

Year Built

1976

Town/City

New Albany

County/Region

Floyd

MLS | Web ID

2026011188

Features
General
Sewer Septic Tank
Heating Heat Pump
Cooling Central Air
Possession Negotiable
Appliances Dishwasher Microwave Oven Range Refrigerator
Zoning Residential
Garage Spaces 2
Patio/Porch Features Deck
Architectural Style One Story Manufactured Home
Security Features Security System
Construction Materials Vinyl Siding
Year Built 1976
Stories Count 1
Township New Albany
Levels One
Property Subtype Residential
Waterfront Features Creek
County Floyd
New Construction false
Property Type Residential
HOA false
Attached Garage false
Garage Y/N true
Other Structures Garage(s) Shed(s)
Total Rooms 8
Full Baths 2
Status Active
Directions From Green Valley Rd turn onto Glen Mill then onto Mills Ln. Home is on Mills Ln.
City New Albany
Zoning Description Residential
Lot Size Units Acres
Lot Size Square Feet 20037.6
Listing Terms Cash Conventional FHA USDA Loan VA Loan
Tax Annual Amount 2682
Home Warranty Y/N false
Body Type Double Wide
Lease Considered Y/N false
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Residential
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Interior
Interior Amenities Ceiling Fan(s) Garden Tub/Roman Tub Bath in Primary Bedroom Main Level Primary Split Bedrooms Cable TV Utility Room Window Treatments
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Above Grade Finished Area 1200
Half Baths 0
Laundry Features Main Level Other
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 2
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Exterior
Exterior Amenities Deck
Parking Features Detached Garage
Lot Features Dead End Stream/Creek
Water Source Connected Public
Lot Size Area 0.46
Foundation Details Block
Building Area Total 1200
Lot Size Acres 0.46
Road Surface Type Paved
Other Parking On Street
Lot Size Source Assessor
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* Excluded Features
List By
Reed Martin

Listing Agent

Re/Max First-Commercial Group

Broker

reed@reedestategroup.com

Email

Affordability Calculator

$1,328
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,105
Monthly Property Taxes
$224
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
8/26/2026$175,000 Listed Price

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515 Mills Lane, New Albany, IN, 47150 is a Single Family Home for sale at $175,000 with 1,200 sqft and a lot size of 0.46. 515 Mills Lane has 3 bedrooms, 2.0 baths, and was built in 1976. The property's zip code is 47150 which is in New Albany, IN