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
- - 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....
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Home facts
- Year built:1929
- Listing ID #:1713384
- Added:1 day(s) ago
- Updated:April 04, 2026 at 12:46 AM
Rooms and interior
- 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
- 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
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