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202 Olive Avenue New Albany, IN $ 200,000
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202 Olive Avenue
$ 200,000
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202 Olive Avenue

New Albany, IN, 47150
$ 200,000
Bedrooms3 Baths2.0 Sq 1,584

Monthly Estimate*

$ 1,263

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Single Family Home for sale in New Albany, IN

for $200,000 with 3 bedrooms and 2 full baths. This 1,584 square foot home was built in 1929 on a lot size of 0.138.

Welcome to this charming 3-bedroom, 2-bath home situated on a spacious corner lot just steps from Baptist Floyd Hospital. Offering both comfort and opportunity, this property includes a walk-up basement studio apartment—perfect for generating rental income, hosting guests, or creating a private workspace. The home features a large covered front porch, ideal for relaxing outdoors, and a fully fenced backyard complete with a shed and detached garage for additional storage and parking. Inside, the main floor has been thoughtfully updated with a renovated kitchen and bathroom (circa 2011), while major mechanicals—including the AC, furnace, and water heater—have already been replaced for peace of mind. The original wood floors remain underneath the carpet in the front room. Well cared for over the years, this home is ready for its next chapter and offers an excellent opportunity for buyers looking to add their personal touch. With its prime location, income potential, and solid updates, this property is full of promise.

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Single Family Active

Price

$ 200,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 678

Style

Lot Size

0.138

Year Built

1929

Town/City

New Albany

County/Region

Floyd

MLS | Web ID

2026011350
Features
General
Heating Heat Pump
Cooling Central Air
Possession Close Of Escrow
Roof Shingle
Appliances Dryer Oven Range Refrigerator Washer
Zoning Residential
Garage Spaces 1
Patio/Porch Features Covered Porch
Architectural Style One Story
Construction Materials Brick Vinyl Siding Frame
Year Built 1929
Stories Count 1
Township New Albany
Levels One
Property Subtype Residential
Community Features Sidewalks
County Floyd
New Construction false
Property Type Residential
HOA false
Attached Garage false
Garage Y/N true
Other Structures Other Shed(s)
Total Rooms 0
Full Baths 2
Status Active
Directions From I265 take State Street (south) about 2 miles and turn left onto Olive Ave just past Baptist Floyd Hospital. The home is on the 2nd block to the right.
City New Albany
Zoning Description Residential
Lot Size Units Acres
Lot Size Square Feet 6011.28
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 678
Home Warranty Y/N false
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Residential
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Interior
Interior Amenities Bookcases Ceiling Fan(s) Separate/Formal Dining Room Eat-in Kitchen Bath in Primary Bedroom Main Level Primary Pantry Second Kitchen Window Treatments
Basement Exterior Entry Partially Finished Walk-Up Access Sump Pump
Total Fireplaces 1
Fireplace Features Electric Insert
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N true
Above Grade Finished Area 1084
Half Baths 0
Laundry Features In Basement Other
Total Bedrooms 3
Below Grade Finished Area 500
Total Baths 2
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Exterior
Exterior Amenities Fence Porch
Fencing Yard Fenced
Parking Features Detached Garage
Lot Features Corner Lot
Water Source Connected Public
Lot Size Area 0.138
Foundation Details Block
Building Area Total 1584
Lot Size Acres 0.138
Road Surface Type Paved
Lot Size Source Assessor
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* Excluded Features
List By
Jenny L Eversole

Listing Agent

Keller Williams Realty Consultants

Broker

jennyeversole@kw.com

Email

Affordability Calculator

$1,319
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,263
Monthly Property Taxes
$57
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
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Pricing History
DatePricePrice ChangeDescription
8/29/2026$200,000 Listed Price

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202 Olive Avenue, New Albany, IN, 47150 is a Single Family Home for sale at $200,000 with 1,584 sqft and a lot size of 0.138. 202 Olive Avenue has 3 bedrooms, 2.0 baths, and was built in 1929. The property's zip code is 47150 which is in New Albany, IN

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