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1512 Spring St

New Albany, IN 47150

2 bd 3 ba 1,216 sqft Built 1929 Lot 2,614 sqft single_family
Most recent sale
$164,000
Mar 1, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 30, 2022 Sold $110,000 Public Record
Jul 12, 2022 Listed $150,000 MLS #202207975
Apr 8, 2022 Listed $150,000 MLS #202207975
Mar 1, 2021 Sold $164,000 Public Record
Sep 29, 2020 Listed $99,900 MLS #2020010955

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $47,700 $14,300 $62,000 $1,741
2022 $49,300 $14,300 $63,600 $1,843
2021 $45,300 $14,300 $59,600 $1,736
2020 $45,300 $14,300 $59,600 $1,694
2019 $54,300 $14,300 $68,600 $1,888
2018 $44,800 $14,300 $59,100 $1,623
2017 $44,900 $14,300 $59,200 $1,652
2016 $44,400 $14,300 $58,700 $1,518
2015 $45,600 $14,300 $59,900 $1,674
2014 $45,100 $14,300 $59,400 $1,680
2013 $43,600 $14,300 $57,900 $1,584
2012 $45,900 $14,300 $60,200 $1,612
2011 $46,700 $6,300 $53,000 $1,060
2010 $46,700 $6,300 $53,000 $1,004
2009 $43,900 $6,300 $50,200 $1,068

Property facts

Year built
1929
Property type
single_family
Stories
2
Beds
2
Baths
3
Living area
1,216 sqft
Lot size
2,614 sqft
ZIP code
47150
City
New Albany
Street
Spring St
Coordinates
38.29155, -85.80857

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,824
Gross rental yield
13.35%
Implied cap rate
8.68%
Trend-extrapolated value

Frequently asked questions

When did 1512 Spring St last sell?
1512 Spring St most recently sold on Mar 1, 2021 for $164,000.
What is the current tax assessment for 1512 Spring St?
The most recent total assessment for 1512 Spring St (year 2024) is $62,000 with $1,741 in property tax.
How does 1512 Spring St's assessment compare to its last sale price?
The current assessment is 62.2% below the last sale price of $164,000.
When was 1512 Spring St built?
1512 Spring St was built in 1929.
How does 1512 Spring St compare to others on Spring St?
We track 8 other properties on Spring St. Browse the list under "Other properties on Spring St" to compare beds, baths, and sale history.
What are the property facts for 1512 Spring St?
1512 Spring St is a 2 bed, 3 bath, 1,216 sqft, 2,614 sqft lot single_family.
Is 1512 Spring St a flip candidate?
No — 1512 Spring St does not appear in our flips dataset.
Is 1512 Spring St a tax-appeal candidate?
No — 1512 Spring St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.6%
Implied 1-yr
-6.5%
2026 Q3
$227.7K
2026 Q4
$223.6K
ZIP 47150 — Median Price History + Forecast

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