New Albany Homes under $150,000

New Albany Homes under $150,000

Welcome to New Albany, Indiana – a charming city that perfectly blends small-town warmth with vibrant urban living. Nestled in Floyd County and just across the Ohio River from Louisville, Kentucky, New Albany boasts a rich history, beautiful architecture, and a thriving community spirit that makes it an ideal place to call home.

New Albany is known for its picturesque streets, lined with historic homes and bustling local businesses. The city hosts a variety of parks and recreational areas, providing residents with ample opportunities to enjoy the outdoors. Whether you’re strolling through the scenic Riverwalk, exploring the vibrant downtown area, or attending one of the many local festivals, you’ll find that New Albany is brimming with life and activity.

For those seeking affordable housing options, New Albany offers a range of homes priced under $150,000. This makes it an attractive choice for first-time homebuyers, young families, and anyone looking to invest in a welcoming community without breaking the bank. From quaint bungalows to charming ranch-style homes, you’ll discover a variety of properties that cater to different tastes and needs.

With its convenient access to major highways and proximity to Louisville, New Albany combines the best of both worlds: a peaceful suburban lifestyle with the excitement of city living just a stone’s throw away. Explore the possibilities of homeownership in New Albany today, and discover why this hidden gem in Indiana is the perfect place to plant your roots!

Newest New Albany Homes under $150,000

1415 Slate Run Road Unit 50, New Albany
$148,500
2 Beds ⋅ 2 Baths ⋅ 2026012074 MLS
Welcome home to low-maintenance living at its absolute finest in Lochwood II Condominiums! Superbly located just minutes from premium shopping, dining, and effortless interstate access, this property ensures everything you need is well within reach. Step up to the inviting covered front porch and take in the peaceful, park-like views before heading inside. The main level features a spacious living room and dining area with durable LVP flooring, a convenient half bath and a large storage closet. Natural light floods the space, which seamlessly transitions through sliding glass doors to your private patio area. Upstairs, retreat to the primary bedroom, complete with a spacious walk-in closet and private sliding doors opening to an elevated balcony overlooking serene green space. The second bedroom is equally impressive, offering abundant storage with double closets. A full hallway bath features integrated washer/dryer hookups for ultimate convenience, alongside an adjacent linen closet. Say goodbye to weekend yard work and hello to a lifestyle of ease! Buyer(s) agent to verify taxes, exemptions, HOA/restrictions and school system. All measurements are approximate. If important, buyer(s) or buyer(s) agent to verify.

1415 Slate Run Road Unit 50, New Albany

Listing courtesy of Keller Williams Realty Consultants.

1006 Indiana Avenue, New Albany
$134,900
2 Beds ⋅ 1 Baths ⋅ 2026011871 MLS
Welcome to 1006 Indiana Ave in New Albany! This 2-bedroom, 1-bath home is full of potential and ready for someone to make it their own. Featuring hardwood floors, a cozy wood-burning fireplace, and an unfinished basement offering plenty of additional storage space. Outside, you’ll find a fenced yard and a 1-car detached garage. The home could use a little TLC, making it a great opportunity for a buyer looking to add their own personal touches or an investor searching for their next project. Conveniently located near shopping, dining, and all that New Albany has to offer! Call today for a private showing before this home is SOLD!

1006 Indiana Avenue, New Albany

Listing courtesy of Property Advancement Realty.

71 E 18th Street, New Albany
$150,000
2 Beds ⋅ 1 Baths ⋅ 2026011704 MLS
Open House 10-4-2026 from two pm to four pm. Come check out this beautiful updated home with upgrades and potential to be a great starter home or down size, even a rental investment!! wonderful corner lot and no carpet, new flooring and New Roof.

71 E 18th Street, New Albany

Listing courtesy of Green Tree Real Estate Services.

3438 Corydon Pike, New Albany
$114,900
3 Beds ⋅ 1 Baths ⋅ 2026011577 MLS
Tons of opportunities with this great property that has 9 ACRES, a large detached garage, and 3 bedroom home! The property needs work but for this price you can afford it! Tons of land to spread out on! Park your RV here while you renovate the home or tear it down and build your own new home! There's so much privacy and located close to town! It feels like you're in the country! Sold As Is. Call today for a private showing before this great property is SOLD!

3438 Corydon Pike, New Albany

Listing courtesy of Property Advancement Realty.

5456 State Road 111, New Albany
$99,900
1 Beds ⋅ 2 Baths ⋅ 2026011434 MLS
Looking for River front property? This is it! 1.52 Acres with small apartment for weekend get away. Storage building. Property needs TLC. Seller welcomes inspections but will not do any repairs. Property being sold "As Is". Property classified as AE Floodway. Please attach the "AS IS" addendum with purchase agreement. Call for your showing today.

5456 State Road 111, New Albany

Listing courtesy of Mainstreet REALTORS.

722 W 7th Street, New Albany
$150,000
3 Beds ⋅ 1 Baths ⋅ 2026010625 MLS
A New Albany Charmer with lots of updates over the past two years with new paint throughout, new flooring, several new windows, updates in the bathroom, plumbing rerouted for washer & dryer, new countertops in the kitchen, new dishwasher, so many updates at a great price! Whether you are new to the home buying process, looking to vamp up your portfolio or looking for your next home, don't let this one get away. Home is being SOLD "AS-IS". Call today for a tour.

722 W 7th Street, New Albany

Listing courtesy of Ward Realty Services.

332 E 16th Street, New Albany
$145,000
2 Beds ⋅ 1 Baths ⋅ 2026010427 MLS
Welcome to this beautifully renovated home, where timeless character meets modern updates. This charming 2-bedroom, 1-bath home features new luxury vinyl plank flooring throughout, tall ceilings, large windows that fill the home with natural light, and a fully remodeled kitchen complete with a new oven. The updated bathroom offers a fresh, modern feel while maintaining the home's inviting charm. Step outside to enjoy the welcoming front porch or relax in the spacious, fully fenced backyard featuring a storage shed and plenty of room for outdoor activities. Conveniently located in the heart of New Albany, you'll be just minutes from downtown Louisville with easy access to local restaurants, shopping, parks, and entertainment. Don't miss the opportunity to own this move-in-ready home that combines historic charm with today's modern conveniences.

332 E 16th Street, New Albany

Listing courtesy of Southern Homes Realty.

1748 E Spring Street, New Albany
$105,000
1 Beds ⋅ 1 Baths ⋅ 2026010183 MLS
Welcome to 1748 E Spring St in New Albany! This charming 1-bedroom, 1-bath home offers approximately 720 square feet of living space and presents a wonderful opportunity to make it your own. With a convenient location and a manageable footprint, this property is well-suited for those seeking a cozy home, investment opportunity, or a project with potential. Enjoy the possibilities this New Albany property has to offer! Home is being sold AS-IS.

1748 E Spring Street, New Albany

Listing courtesy of Keller Williams Realty Consultants.

821 W 8th Street, New Albany
$99,000
3 Beds ⋅ 1 Baths ⋅ 2026010126 MLS
Investor Special! This 3 bed/1 bath home is ready for it's next chapter! Bring your creativity and vision to transform this solid starter home into a modern gem. Convenient location near local amenities, schools, and local interstates. Whether you're an investor looking for your next flip or a buyer ready to customize, this is a fantastic value-add opportunity in an established New Albany neighborhood. Don't miss out—schedule your showing today! Selling as-is

821 W 8th Street, New Albany

Listing courtesy of United Real Estate Louisville.

1804 E Spring Street, New Albany
$149,900
2 Beds ⋅ 1 Baths ⋅ 202609847 MLS
Welcome to 1804 E. Spring Street in New Albany! This charming 2-bedroom, 1-bath home was thoughtfully updated in 2022 and offers a comfortable layout with the added flexibility of a finished bonus room in the attic, perfect for a home office, playroom, hobby room, media room, or guest retreat. The kitchen features stainless steel appliances, adding a modern touch to the home's inviting interior. Conveniently located just minutes from downtown New Albany, you'll enjoy easy access to local restaurants, shopping, parks, schools, and a quick commute to Louisville. Whether you're searching for your first home, looking to downsize, or adding to your investment portfolio, this move-in ready home offers comfort, convenience, and versatility. Don't miss the opportunity to make this thoughtfully updated New Albany home your own! Ask about 0% Down financing & $2,500 grant for qualified buyers! Some images have been AI generated.

1804 E Spring Street, New Albany

Listing courtesy of eXp Realty, LLC.

3285 Budd Road, New Albany
$139,000
1 Beds ⋅ 1 Baths ⋅ 202609260 MLS
Are you looking for that laid-back country life, while still being close to city amenities? If so, 3285 Budd Rd is calling your name! This cozy and completely renovated 1-BR (with wardrobe), 1-Bath home with new electric, new plumbing, new HVAC, and new roof offers the best of both worlds. The open living space, with new paint and flooring, features a well-laid-out kitchen with plenty of cabinets and all-new appliances. There is a separate laundry room, and a finished attic space (not included in SF). Outside, you will find plenty of parking in the paved driveway, a brand-new retaining wall, and a large fire pit. There is also a covered patio area with a porch swing that is perfect for watching the world and the wildlife go by. Since all the work has already been done, all you have to do is move in and enjoy! Property is a little over 1/2 acre -- 2 parcels of land - includes parcel 22-05-01-700-030-000-007.

3285 Budd Road, New Albany

Listing courtesy of Jan Scholtz REALTORS.

327 Galt Street, New Albany
$90,000
2 Beds ⋅ 1 Baths ⋅ 202609031 MLS
Seller will consider land contract / owner financing with acceptable terms and conditions. Seller has never occupied the property and has no firsthand knowledge of its condition. Property is being sold as-is. Seller will not remove any items from the property prior to closing. All information, including but not limited to square footage, lot size, utilities, and condition, to be independently verified by buyer and buyer’s agent. No warranties expressed or implied.

327 Galt Street, New Albany

Listing courtesy of United Real Estate Louisville.

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