$335,000
$375,000
10.7%For more information regarding the value of a property, please contact us for a free consultation.
1738 State Road 111 New Albany, IN 47150
4 Beds
3 Baths
3,532 SqFt
Key Details
Sold Price $335,000
Property Type Single Family Home
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Square Footage 3,532 sqft
Price per Sqft $94
MLS Listing ID 2023011826
Sold Date 06/21/24
Style Two Story
Bedrooms 4
Full Baths 3
Abv Grd Liv Area 3,276
Year Built 1900
Lot Size 1.530 Acres
Acres 1.53
Property Sub-Type Residential
Property Description
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.
Location
State IN
County Floyd
Zoning Residential
Direction 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.
Rooms
Basement Crawl Space, Exterior Entry, Unfinished
Interior
Interior Features Kitchen Island
Heating Forced Air
Cooling Central Air
Fireplaces Number 4
Fireplaces Type Decorative
Fireplace Yes
Appliance Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer
Laundry Laundry Closet, Main Level
Exterior
Exterior Feature Porch, Patio
Parking Features Detached, Garage
Garage Spaces 3.0
Garage Description 3.0
Utilities Available Sewer Available, Water Available
Water Access Desc Not Connected,Public
Roof Type Shingle
Street Surface Paved
Porch Patio, Porch
Building
Entry Level Two
Foundation See Remarks, Cellar
Water Not Connected, Public
Architectural Style Two Story
Level or Stories Two
Additional Building Garage(s)
New Construction No
Others
Tax ID 0088450003
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Semonin REALTORS