2218 Fairmont Avenue New Albany, IN $ 185,000
2218 Fairmont Avenue
$ 185,000
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2218 Fairmont Avenue

New Albany, IN, 47150
$ 185,000
Bedrooms5 Baths2.0 Sq 3,104

Monthly Estimate*

$ 1,168

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Single Family Home for sale in New Albany, IN

for $185,000 with 5 bedrooms and 2 full baths. This 3,104 square foot home was built in 1948 on a lot size of 0.28.

Investors and homeowners alike, don't miss this opportunity! With a little vision and finishing touches, this versatile property offers endless possibilities. Make the needed repairs and enjoy a spacious five bedroom, two bathroom home with over 3000 square feet of living space, a finished basement, and a fenced backyard featuring a three year old above ground pool. Previously used as a duplex, the home offers excellent income potential with a separate basement entrance, its own kitchen, living area, full bathroom, and a laundry area conveniently located adjacent to the staircase. The main level features three bedrooms, one bathroom, a formal dining room, a spacious kitchen, a dedicated laundry room with two washer and dryer hookups, a unique feature from when the home previously functioned as a duplex, and a large living room with a gas fireplace. Live on the main level and rent the basement for additional income, convert the property back into a duplex, or complete the updates to create the perfect multi generational home. The possibilities are endless. Sq ft & rm sz approx.

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Single Family Active

Price

$ 185,000

Bedrooms

5

Full Bath

2

Property Type

Single Family

Taxes

$ 2,286

Style

Lot Size

0.28

Year Built

1948

Town/City

New Albany

County/Region

Floyd

MLS | Web ID

202609953

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Water Available
Possession Negotiable
Roof Shingle
Appliances Dishwasher Disposal Microwave Oven Range Refrigerator
Zoning Residential
Garage Spaces 1
Patio/Porch Features Deck
Architectural Style One Story
Pool Features Above Ground Pool
Security Features Security System
Construction Materials Brick Frame
Year Built 1948
Stories Count 1
Township New Albany
Levels One
Property Subtype Residential
Additional Parcels Description 220504301016000008
County Floyd
New Construction false
Property Type Residential
Attached Garage true
Garage Y/N true
Other Structures Garage(s)
Total Rooms 0
Full Baths 2
Status Active
Directions Charlestown Road to Silver Street left on Fairmont house is on the left.
City New Albany
Zoning Description Residential
Lot Size Units Acres
Lot Size Square Feet 12196.8
Listing Terms Cash Conventional
Tax Annual Amount 2286
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 Bookcases Ceiling Fan(s) Separate/Formal Dining Room Entrance Foyer In-Law Floorplan Main Level Primary Second Kitchen Utility Room
Basement Finished Walk-Up Access
Total Fireplaces 1
Fireplace Features Gas
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 1552
Half Baths 0
Laundry Features Main Level Laundry Room
Total Bedrooms 5
Below Grade Finished Area 1552
Total Baths 2
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Exterior
Exterior Amenities Deck
Parking Features Attached Garage Faces Front Garage
Water Source Not Connected Public
Lot Size Area 0.28
Foundation Details Block
Building Area Total 3104
Lot Dimensions see lot size
Lot Size Acres 0.28
Road Surface Type Paved
Lot Size Source Assessor
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* Excluded Features
List By
Cathy Jackson

Listing Agent

Schuler Bauer Real Estate Services Era Powered (N

Broker

cathyjackson@schulerbauer.com

Email

Affordability Calculator

$1,359
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,168
Monthly Property Taxes
$191
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
7/8/2026$185,000 Listed Price

Map


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2218 Fairmont Avenue, New Albany, IN, 47150 is a Single Family Home for sale at $185,000 with 3,104 sqft and a lot size of 0.28. 2218 Fairmont Avenue has 5 bedrooms, 2.0 baths, and was built in 1948. The property's zip code is 47150 which is in New Albany, IN