1738 State Road 111, New Albany
$375,000
4 Bedrooms
3 Baths
3532 Sq. Ft.
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  • Property Details
    • Property Type:Single Family
    • MLS#:2023011826
    • Status:Active
    • Sq. Feet:3532
    • On Site:100 Days
    • Lot Size:1.53 Acres
    • School System:N/A

    Welcome to 'Rabbit Ridge,' - PROPERTY IS CURRENTLY OCCUPIED WITH AN AIR BNB GUEST. SHOWINGS TO RESUME MONDAY JANUARY 29, 2024.

    Nestled on a 1.5-acre lot near downtown New Albany and Louisville, this iconic 1839 Federal style home, stands as a pinnacle of historic grandeur. Originally built by Charles Dowerman during the steamboat-building era, this estate has been lovingly restored with character and charm.

    This remarkable property is ideal for an investor as it is an established and successful Air B&B business. With no immediate neighbors on either side, it is the perfect place to host large groups and can double as a beautiful event space.

    Guests love the updated kitchen with a large island and the large classic dining room featuring a custom-built armoire. The large formal living room, seamlessly flows into an office/den with exposed wood beams that were salvaged from an old barn on the property.

    The summer kitchen boasts elegant stained glass windows and a loft area. Ascend the split staircase to discover a pub room with a wet bar and three bedrooms adorned with built-in wardrobe armoires, a covered balcony, and two full bathrooms. The home further boasts four mantled fireplaces, antique fixtures, molding, high ceilings, large windows, and hardwood floors. A detached three-car garage complements the expansive 1.5-acre grounds, providing both space and privacy.

    Price History
    Price has not changed since being added to the site on 1/25/2024.
    Community Information
    Address:1738 State Road 111
    County:Floyd
    Neighborhood:N/A
    State:IN
    City:New Albany
    Zip Code:47150
    Architecture
    Bedrooms:4
    Bathrooms:3
    Stories:2
    Year Built:1900
    Construction Materials: Brick, Frame
    Building Area: 3276.0
    Style:Two Story
    Rooms
    SizeLevel
    Full BathFirst
    KitchenFirst
    Dining RoomFirst
    Family RoomFirst
    Living RoomFirst
    OtherFirst
    OtherFirst
    BedroomSecond
    BedroomSecond
    BedroomSecond
    Full BathSecond
    Full BathSecond
    OtherSecond
    Property Features / Amenities
    Lot Size: 1.53 Acres
    Lot Size (Sq.Ft.): 66646.8
    Garage Spaces: 3.0
    Parking Features: Detached, Garage
    Utilities: Sewer Available, Water Available
    Water: Not Connected, Public
    Road Surface: Paved
    Zoning: Residential
    Interior Features: Kitchen Island
    Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer
    Fireplace Features: Decorative
    Laundry: Laundry Closet, Main Level
    Exterior Features: Porch, Patio
    Patio And Porch: Patio, Porch
    Other Structures: Garage(s)
    Basement: Crawl Space, Exterior Entry, Unfinished
    Cooling: Central Air
    Heating: Forced Air
    Total Rooms: 13
    Directions: From Downtown New Albany:
    Head south on W 1st St toward W Main St/Ohio River Scenic Byway. Turn right onto IN-111 N/W Main St/Ohio River Scenic Byway. Continue to follow IN-111 N. Destination on the right.
    Tax and Financial Info
    Terms: Cash, Conventional
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    Listing Information Last Updated 5/3/2024

    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker/Scott Lynch Group are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

    The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.

    FC Tucker Lynch Group

    FC Tucker Lynch Group

    (812) 265-3122
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    Home for sale at 1738 State Road 111 New Albany, IN 47150 with the MLS 2023011826 on FCTLynchGroup.com. The home at 1738 State Road 111 New Albany, IN 47150 is currently for sale and features 4 bedrooms, 3 bathrooms, 3532 sq. ft. of living space, and is listed for sale at $375,000. You can search Indianapolis area properties for a home, a house, a condo, or a patio home to find real estate in Indianapolis, IN. You are viewing the official Indianapolis MLS listing details of the home for sale at 1738 State Road 111 New Albany, IN 47150 which is MLS # 2023011826. The home has been listed on this site for 99 days and is found in the neighborhood.
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