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1206 E Main St, New Albany, IN 47150
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1206 E Main St, New Albany, IN 47150
1206 E Main St, New Albany, IN 47150
1206 E Main St, New Albany, IN 47150
1206 E Main St, New Albany, IN 47150
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Team Pruitt

Team Pruitt

+1(502) 442-2030
$ 989,900
Est. payment /mo
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1206 E Main St New Albany, IN 47150

5 Baths

5,468 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 5,468 sqft

Price per Sqft $181

MLS Listing ID 1713384

Style Traditional

HOA Y/N No

Abv Grd Liv Area 5,268

Year Built 1929

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Apartment

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 5268

Property Description

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.

Location

State IN

County Floyd

Direction MAIN STREET TO 12TH STREET. PROPERTY ON THE CORNER

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Exterior

Exterior Feature Balcony, See Remarks

View Y/N No

Roof Type Shingle

Porch Deck, Patio, Porch

Garage No

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type Brick

Greater Louisville MLS (Metro Search Inc)
Copyright 2026 Metro Search, Inc.
Listed by Lopp Real Estate
Team Pruitt

Team Pruitt

The Real Estate Team | License ID: 196568

+1(502) 442-2030

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1206 E Main St

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