614 Cherry St, New Albany, IN 47150 (Pending)

$120,000

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Date Listed:

May 3, 2026

Occupation Status:

Vacant

Square Feet:

1,631

Bedrooms:

3.0

Bathrooms:

2.0

🔥 Joe HomeBuyer Exclusive 🔥

📅 Walkthrough: Tuesday 5/5 – Contact for Details ☎️
⏳ Offers Due: 24 Hours After Walkthrough 📝💰

🔥 New Albany IN Investment Opportunity • 3 Bed • 2 Bath • 1,632 SqFt • 614 Cherry St, 47150 🔥

This 3 bed 2 bath, 1,632 SqFt property in New Albany, IN 47150 offers a strong opportunity for investors seeking a rental or resale property. The home features recent updates including a roof replaced approximately 2 years ago and a water heater replaced around the same time, helping reduce immediate capital expenses.

With solid square footage and a functional layout, this property is a great candidate for a value-add project or long-term hold.

🏡 Property Highlights:

  • 💵 Cash or Hard Money Deal Only
  • 🛏 3 Bedrooms
  • 🛁 2 Bathrooms
  • 📐 1,632 SqFt
  • 🏠 Roof Replaced Approximately 2 Years Ago
  • 🔥 Water Heater Replaced Approximately 2 Years Ago

📍 Location Benefits:

  • 📍 Located in New Albany, IN 47150
  • 🛒 Close to shopping and daily amenities
  • 🚗 Easy access to Louisville and major roadways
  • 📈 Strong rental and resale demand

💰 Why Investors Will Love It:

  • 🎯 Good size and layout
  • 🏠 Major updates already completed
  • 📈 Strong flip or rental potential
  • 🔑 Easy addition to portfolio

📑 Additional Details

  • 🏢 Closing with Rounsavall Title Group, LLC
  • ⏳ 40 Day Close
  • 💵 Assignment requires $5,000 EMD

Showing Instructions:

Walkthrough Tuesday 5/5 Must RSVP

Make An Offer