$375,000
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1738 State Road 111 New Albany, IN 47150
Single Family
Residence
4
Beds
3
Baths
3,532
Sq. Ft.
1.53
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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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 Cha...rles 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.
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MLS#
2023011826
Property Type
Single Family
Bedrooms
4
Bathrooms
3 Full
Year Built
1900
Square Feet
3,532
sq. ft
Lot Size
1.53
Stories
2.0
Sewer
Sewer Available
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