1206 E Main St, New Albany, IN 47150
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1206 E Main St,New Albany, IN 47150
$989,900
- 8 Beds
- 5 Baths
- 5,468 sq. ft.
- Multi-family
- Active
Listed by: tiffany l denison
Office: lopp real estate
MLS#:1713384
Source:KY_MSMLS
Price summary
- Price:$989,900
- Price per sq. ft.:$187.91
About this home
Commonly known as the Shipman McCord Mansion, this extraordinary circa-1866 property on historic Mansion Row in Downtown New Albany offers a rare blend of architectural significance, modern upgrades, and multiple income streams. Recently awarded the New Albany Historic Preservation Facelift Award for efforts to restore and preserve the historic homes and buildings of New Albany, this iconic property currently operates as 2 short-term rental units, 1 mid-term unit, and 1 long-term unit, with 1 newly renovated vacant unit ready for the new owner's preferred use. Two additional unfinished spaces provide future value-add potential. Over the last five years, the home has undergone extensive improvements including a new roof, exterior restoration preserving the original brick facade and wrought iron details, and reconstruction of the two-story porch/deck true to its original design. Inside, each unit has been updated for modern living while maintaining historic character through original plaster crown molding and trim, restored windows, original doors, staircases and railings, exposed brick, and hardwood floors with inlaid detail. Major updates include separate electrical meters, separate furnaces and A/C systems, and separate water heaters for all units. A rare opportunity to own one of New Albany's most iconic historic properties with flexible short-term, mid-term, long-term, owner-occupant, or mixed-use investment potential....
Contact an agent
Home facts
- Year built:1929
- Listing ID #:1713384
- Added:91 day(s) ago
- Updated:July 04, 2026 at 03:20 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Basement:Yes
- Living area:5,468 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:FORCED AIR, Natural gas
- Central air:Yes
Structure and exterior
- Year built:1929
- Building area:5,468 sq. ft.
- Lot area:0.26 Acres
- Lot Features:Sidewalk
- Architectural Style:Traditional
- Construction Materials:brick
- Exterior Features:Balcony, Deck, Patio, Porch
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$989,900
- Price per sq. ft.:$187.91
New listings near 1206 E Main St
- New
$274,900Active4 beds 3 baths2,185 sq. ft.1414 Silver Slate Drive, New Albany, IN 47150
MLS# 202609713Listed by: KELLER WILLIAMS COLLECTIVE - New
$385,000Active4 beds 3 baths2,450 sq. ft.3045 Autumn Hill Trail, New Albany, IN 47150
MLS# 202609740Listed by: LOPP REAL ESTATE BROKERS - New
$0Active3 beds 2 baths1,092 sq. ft.1849 Mcdonald Lane, New Albany, IN 47150
MLS# 202609736Listed by: HARRITT GROUP, INC - New
$186,500Active2 beds 2 baths1,220 sq. ft.602 E 8th Street, New Albany, IN 47150
MLS# 202609788Listed by: WARD REALTY SERVICES - New
Listed by ERA$439,900Active3 beds 4 baths3,554 sq. ft.4010 Weatherby Way, New Albany, IN 47150
MLS# 202609796Listed by: SCHULER BAUER REAL ESTATE SERVICES ERA POWERED (N
$540,000Pending5 beds 4 baths5,262 sq. ft.3058 Wolf Lake Blvd, New Albany, IN 47150
MLS# 1722195Listed by: KELLER WILLIAMS COLLECTIVE- New
$260,000Active3 beds 2 baths1,190 sq. ft.3922 Mariah Drive, New Albany, IN 47150
MLS# 202609567Listed by: SEMONIN REALTORS - New
$472,500Active4 beds 3 baths2,695 sq. ft.3012 Bridlewood Lane, New Albany, IN 47150
MLS# 202609765Listed by: BERKSHIRE HATHAWAY HOMESERVICES PARKS & WEISBERG R - New
$282,500Active3 beds 2 baths1,954 sq. ft.1126 Myrtle Avenue, New Albany, IN 47150
MLS# 202609768Listed by: LENIHAN SOTHEBY'S INTERNATIONAL REALTY - New
Listed by ERA$895,000Active6 beds 6 baths6,633 sq. ft.3001 Overlook Trace, New Albany, IN 47150
MLS# 202609634Listed by: SCHULER BAUER REAL ESTATE SERVICES ERA POWERED (N