New Albany Homes under $400,000

New Albany Homes under $400,000

Welcome to New Albany, Indiana, a charming city nestled in Floyd County, just across the Ohio River from Louisville, Kentucky. Known for its rich history, vibrant community, and scenic views, New Albany offers a unique blend of small-town charm and urban convenience. With its historic downtown area, filled with boutique shops, delightful eateries, and cultural attractions, you’ll find plenty of reasons to fall in love with this dynamic city.

For those seeking a new home in New Albany, the real estate market is both diverse and inviting. With an array of homes available under $400,000, prospective buyers can find their dream residence without breaking the bank. Whether you’re looking for a cozy bungalow, a modern family home, or a charming Victorian, New Albany has something to suit every taste and lifestyle.

The community is known for its friendly atmosphere and welcoming neighborhoods, making it an ideal place for families, young professionals, and retirees alike. With excellent schools, parks, and recreational facilities, New Albany is a place where you can truly thrive.

As you explore the options available in this lovely city, you’ll discover that owning a home in New Albany means embracing a lifestyle filled with rich history, community spirit, and beautiful surroundings. Don’t miss the opportunity to become part of this wonderful community—your dream home awaits!

Newest New Albany Homes under $400,000

335 E 14th Street, New Albany
$199,900
5 Beds ⋅ 3 Baths ⋅ 2026012230 MLS
Great investment opportunity in downtown New Albany. 2 properties on one lot- Front house is 1,166 sq. ft. with 2 bedrooms and 1 bath. Back house is accessed through privacy fence or alley, 2 story with 900 sq. ft., 3 bedrooms, 1 bath. Have a family member you would like to be close to? Great idea! Rent out both or live in one and rent the other to pay your monthly mortgage.

335 E 14th Street, New Albany

Listing courtesy of Semonin REALTORS.

2579 Charlestown Road, New Albany
$255,000
2 Beds ⋅ 1 Baths ⋅ 2026012236 MLS
Well-maintained, one-owner Bedford stone home offering timeless character and ample living, entertaining, and storage space! Situated on a corner lot in, this classic home reflects decades of pride of ownership inside and out. The main level features beautiful hardwood flooring, a spacious living room highlighted by a stone fireplace, an eat-in kitchen with abundant cabinetry, and additional flexible living space perfect for a family room, home office, or den. Original details throughout give the home a warmth and character that are increasingly hard to find. The finished lower level significantly expands the usable space and offers a large open recreation/family area with plenty of possibilities for entertaining, hobbies, or additional gathering space. Outside, the property is just as impressive with a fenced yard, established landscaping, multiple garden and patio areas, and a covered patio perfect for relaxing outdoors. Parking and storage are exceptional with a detached 2-car garage, additional carport, and an expansive paved drive. Conveniently located near shopping, dining, and everyday amenities, this lovingly cared-for New Albany home combines classic Bedford stone construction, versatile space, and features you simply don't find in many homes today. A truly unique property ready for its next chapter!

2579 Charlestown Road, New Albany

Listing courtesy of Coldwell Banker McMahan.

1715 McDonald, New Albany
$245,900
4 Beds ⋅ 2 Baths ⋅ 2026012235 MLS
Opportunity awaits at 1715 McDonald Lane! This unique property offers two separate living spaces, making it a great option for an investor, multi-generational living, or an owner-occupant looking for potential additional rental income. Updates on the main home: roof, windows, siding. The main home (1122sqft) features 2 bedrooms and 1 bath, while the detached garage (744sqft) includes an upstairs apartment with an additional 2 bedrooms and 1 bath. The property also includes two additional lots located behind the home, adding even more possibilities for the new owner. Bring your ideas and personal touches to unlock the potential this property has to offer. Conveniently located in New Albany with easy access to shopping, restaurants, everyday amenities and the interstate, with Louisville just a short drive away. Property is being sold AS-IS.

1715 McDonald, New Albany

Listing courtesy of Keller Williams Realty Consultants.

3302 Norwood Drive, New Albany
$260,000
3 Beds ⋅ 2 Baths ⋅ 2026012260 MLS
Beautifully updated and move-in ready, this cozy 3-bedroom, 2-bath ranch in New Albany offers the ease of one-level living with additional finished living space in the basement. Enjoy two fireplaces, one on the main floor and another in the finished basement, creating warm and inviting spaces to relax year-round. The large screened-in porch overlooks a large, tree-lined lot, while the storage shed provides extra room for tools and equipment. A 2-car attached garage, excellent use of space, new paint throughout, and new carpet in the basement make this turnkey home one you won't want to miss.

3302 Norwood Drive, New Albany

Listing courtesy of Keller Williams Collective.

2402 Shelby Street, New Albany
$295,000
4 Beds ⋅ 3 Baths ⋅ 2026012180 MLS
$10,000 Seller Credit with a full-price offer! Use it for Closing Costs, Rate Buy-Down, or use it for an Appliance Allowance or whatever you choose!! Freshly presented and move-in ready, 2402 Shelby Street offers nearly 1,940 finished square feet with 4 bedrooms, 2.5 baths, and a fully renovated interior. Both levels feature tall ceilings, an inviting foyer with open staircase, a spacious living room with electric fireplace, and an updated kitchen designed for everyday living and entertaining. Enjoy quartz countertops, abundant cabinetry, stainless appliances, a gas range, and a large island with seating for four, plus a separate dining area for additional gathering space. The first floor primary suite offers double closets and a beautiful full bath. A dedicated laundry room and convenient half bath are also located on the main level. Upstairs, you’ll find three large bedrooms and a second full bath with a walk-in shower. Outside, the fully fenced backyard provides plenty of usable space along with a storage shed. Major updates include an approximately 1 year old roof, 2 year old HVAC system, and 4 year old water heater. With its flexible layout, modern finishes, and first-floor primary suite, 2402 Shelby is ready for its next chapter. Schedule your showing and take a fresh look at everything this home has to offer.

2402 Shelby Street, New Albany

Listing courtesy of RE/MAX FIRST.

904 Silver Street, New Albany
$258,000
2 Beds ⋅ 2 Baths ⋅ 2026012221 MLS
THE CHARM IS ORIGINAL. THE WORK IS ALREADY DONE. Welcome to 904 Silver Street, where 100 years of character meets the kind of updates that let you simply move in and enjoy. The sellers have thoughtfully tackled the work this CHARMING BUNGALO needed while being intentional about keeping the details that give it personality. Plumbing, electrical outlets throughout, flooring, interior paint and more have been updated, while the original hardwood floors and natural wood details were preserved to keep that warm, vintage character. Even the front porch has been re-poured with new concrete, giving this classic home a refreshed welcome. Inside, you'll find a comfortable living room, formal dining room, 2 bedrooms and a full bath on the main level. Head downstairs and the partially finished basement adds even more usable space with a color drenched, speakeasy vibe of a family room and second full bath—perfect for movie nights, hobbies, guests or a home office. And there's more outside: a covered front porch, fenced yard, patio and detached garage give you room to relax, entertain and actually enjoy your outdoor space. Updated where it matters. Original where it counts. 904 Silver Street has the character of an older home without leaving the next owner a long to-do list. Come see why this one just feels like HOME. Love the look? All furniture is negotiable! Move right in and make this charming New Albany home yours—possibly without having to move much more than your clothes!

904 Silver Street, New Albany

Listing courtesy of Keller Williams Realty Consultants.

1438 McCartin Drive, New Albany
$398,000
3 Beds ⋅ 3 Baths ⋅ 2026012249 MLS
Welcome to this beautiful all brick Bellemeade home! Pride of ownership shines throughout this exceptional two-story home, finished top to bottom with quality upgrades. Meticulous landscaping welcomes you to a covered front porch with double front doors, opening into a foyer with beautiful hardwood flooring. A formal living room to the left (flexible as a first-floor bedroom) features a faux fireplace and double windows. To the right, a formal dining room is anchored by a charming brick accent wall. Beyond lies a stunningly remodeled kitchen with custom cabinetry, glass-front and pull-out drawers, quartz counters, KitchenAid appliances, a pantry, and a bright eat-in area. The adjoining family room centers on a wood-burning fireplace insert flanked by brick and built-in bookcases. A renovated full bath completes the main level. Upstairs offers three spacious bedrooms and two more renovated full baths with marble counters and hardwood floors. The primary suite includes a cedar-lined walk-in closet. Outside is a true private oasis: a fenced backyard backing to woods, a sprawling composite deck, stamped concrete, and flagstone walkways through lush landscaping, a charming shed, and in-ground pool to top it all off. Epoxy-coated garage floor and a unfinished lower level for storage or a blank slate for future living space. Three bedrooms, three renovated baths, and endless upgrades await in this must see listing.

1438 McCartin Drive, New Albany

Listing courtesy of Green Tree Real Estate Services.

3219 Blackiston Boulevard, New Albany
$315,000
3 Beds ⋅ 2 Baths ⋅ 2026012196 MLS
LOW-MAINTENANCE LIFESTYLE and PRIDE OF OWNERSHIP abound in this RARE 3-BEDROOM, 2-BATH patio home, Conveniently located in the HEART OF NEW ALBANY! CUSTOM FEATURES throughout this Beautifully Maintained home include ENGINEERED HARDWOOD FLOORING and an OPEN-CONCEPT design. The spacious living room features TRAY CEILINGS, while the DREAM KITCHEN offers abundant High End cabinetry (with soft close drawers and doors), GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES, CUSTOM TILE BACKSPLASH and WALK-IN PANTRY. The ENORMOUS PRIMARY SUITE easily accommodates substantial furniture, including a king-size bed, and features DOUBLE TRAY CEILINGS, a WALK-IN CLOSET and en-suite with WALK-IN SHOWER AND SEAT. Bedroom 2 also offers convenient access to a beautifully appointed Full Bath. The BONUS ROOM provides incredible flexibility as BEDROOM 3, HOME OFFICE or space for visiting family and includes a WALK-IN CLOSET. A true STANDOUT is the UNOBSTRUCTED, PICTURESQUE VIEW of the beautifully maintained landscaped garden from the COVERED PATIO. Additional highlights include a PATIO STORAGE ROOM for your garden tools or extra storage and SPACIOUS 2-CAR GARAGE. Close Proximity to Doctors, Restaurants, Shopping and Churches! A RARE OPPORTUNITY! HOA $125 monthly fees Include, Grass cutting, refresh 2x/year landscaping and common area maintenance.

3219 Blackiston Boulevard, New Albany

Listing courtesy of Schuler Bauer Real Estate Services ERA Powered (N.

1936 Olive Street, New Albany
$199,000
3 Beds ⋅ 1 Baths ⋅ 2026012215 MLS
Move-in ready and absolutely adorable! This charming Cape Cod offers 3 bedrooms, 1 full bath, and character throughout. Step inside to a welcoming living room with beautiful real hardwood floors. The kitchen features tile flooring and stainless-steel appliances, while the updated full bath offers tile flooring and a fresh, clean feel. Two bedrooms are conveniently located on the main level. Upstairs, the spacious third bedroom spans the entire length of the home and features real hardwood floors and ample closet space. Downstairs, the unfinished walkout basement provides laundry, plenty of storage, and room for future possibilities. Charming, comfortable, and ready to call home! Property is being sold AS-IS; inspections are welcome.

1936 Olive Street, New Albany

Listing courtesy of simpler.realestate.

2705 Charlestown Road, New Albany
$220,000
3 Beds ⋅ 2 Baths ⋅ 2026012207 MLS
Back on the market due to no fault of the seller! Welcome to this charming 3 bedroom, 2 bathroom stone home located in a convenient New Albany neighborhood. This beautifully renovated 1,300 sq ft home perfectly blends original character with modern updates, featuring two brand new bathrooms, luxury LVP flooring throughout main living areas, a new roof, and replacement windows. The original stone exterior and architectural details have been carefully preserved and enhanced, creating a home that retains its authentic, timeless appeal while delivering the updated systems and finishes that today's homeowners want. Conveniently situated in an established New Albany neighborhood close to schools, shopping, dining, and services, this move-in-ready home is perfect for first-time homebuyers, small families, or anyone seeking a well-maintained property with character, convenience, and modern updates all in one package. This is the kind of home and neighborhood where you can truly feel at home from day one.

2705 Charlestown Road, New Albany

Listing courtesy of Schuler Bauer Real Estate Services ERA Powered (N.

3609 Gray Fox Drive, New Albany
$245,000
3 Beds ⋅ 2 Baths ⋅ 2026012173 MLS
Welcome to 3609 Gray Fox Drive! Located in a highly desirable New Albany neighborhood between Grant Line and Charlestown Roads, this meticulously maintained, all-brick ranch offers the perfect combination of everyday convenience and quiet suburban charm—just minutes from local dining, shopping, and groceries. Key Highlights: Main-Level Living: Features 3 spacious bedrooms, 2 full baths, a formal living room, and a formal dining room perfect for hosting. Cozy Family Room: Unwind in the rear family room featuring a cozy gas log fireplace. Outdoor Oasis: Step outside to an amazing covered patio overlooking a fully fenced backyard, complete with a storage shed for all your tools and equipment. Expansive Basement: The full basement provides endless potential and tons of extra space for a home gym, workshop, recreation area, or storage. Parking & Care: Includes an attached 1-car garage, durable all-brick construction, and a track record of meticulous care throughout. Move-in ready and built to last—schedule your private tour today! Notes from Estate: 2012/22 new HVAC, Fence one year old, Selling As is: seller welcomes inspections.. Sq ft & rm sz approx.

3609 Gray Fox Drive, New Albany

Listing courtesy of Schuler Bauer Real Estate Services ERA Powered.

3005 Linda Drive, New Albany
$264,900
3 Beds ⋅ 2 Baths ⋅ 2026012202 MLS
Spacious brick ranch home offers one-level living. Conveniently located off Green Valley Road, and only minutes from the Floyd County Fairgrounds, Sam Peden Community Park, hospital & other everyday shopping. The home has a large Living room with wood floors and Decorative wood stove. The kitchen has beautiful cabinets, appliances and a breakfast bar. The Family room (possible formal dining, den) is vaulted with atrium doors to the large (approx 33' X 8') deck with trex flooring and motorized awning. The large primary bedroom has a walk in closet and half bath. The home has 2 additional bedrooms and the hall bathroom. Owner has made several updates over the span of ownership that include detached garage that is extra deep for storage, kitchen remodeled, Vaulted room addition, hall bath shower & tile, windows, water heater, heat & air system, deck with trek floor and back yard water feature. The back yard is mostly fenced and offers space for out door activities or possible garden area. Buyer to verify taxes, exemptions, Square footage, lot & room sizes which are approximate. Seller to take lawn ornaments and some plants. Property sold AS IS

3005 Linda Drive, New Albany

Listing courtesy of Advantage Plus Real Est. Team.

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