Home for Sale at 1206 E Main Street, New Albany, IN 47150

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1206 E Main Street
New Albany, IN 47150

Tiffany L Denison with Lopp Real Estate Brokers, original listing - (812) 728-8181

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Property Details

List Price:	$989,900
Beds:	8
Baths:	Full: 5
Status:	Active
SqFt:	5468 Square Feet
Agency:	Lopp Real Estate Brokers
Agency Phone:	(812) 728-8181

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Description/Comments

Lot Size:	0 acre(s)
Property Type:	Residential-Other
Year Built:	1866
Notes:	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.
MlsNumber:	--
ListingId:	202607134

Listing Provided By:	Lopp Real Estate Brokers, original listing
Phone:	(502) 396-9996
Office Phone:	(812) 728-8181
Agent Name:	Tiffany L Denison
Disclaimer:	Copyright © 2026 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD Foreclosures

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Foreclosure Listings Increasing

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