1206 E Main St
New Albany, IN 47150
8
Bed
5
Bath
5,468Sqft
11,326Sqft(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 8Bathroom Information
Total Baths: 5Room Information
Has Basement: Yes -
Roofing Information
Shingle -
Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1929 Building Area Total: 5268 Construction Materials: Brick Patio And Porch Features: Deck, Patio, Porch, Wrap Around Private Pool: No -
Exterior Features
Exterior Features: Balcony
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Lot Information
Lot Dimensions: 90X125 Main Square Feet: 11326 Square Feet Lot Size Acres: 0.26 Lot Size Square Feet: 11326 Lot Description: Corner LotProperty Information
Subdivision: NONE Source Property Type: Residential Income MLS Area Minor: 13-Indiana Property SubType: Apartment Property Age: 97
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Listing Price Information
Listing Price: $989900
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Tax Information
Parcel Number: 22-05-02-801-610.000-008 Tax Lot: 0 Tax Block: 0
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Parking Information
Parking Total: 10
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Utility Information
Natural Gas Available, Electricity Connected -
Location Information
Direction: MAIN STREET TO 12TH STREET. PROPERTY ON THE CORNER WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3026 Grace Marie Way, New Albany, IN, 47150 | $329,940 | 4 | 3 | 1,953 | 1,953 SqFt |
| 3028 Grace Marie Way, New Albany, IN, 47150 | $339,445 | 5 | 3 | 2,415 | 2,415 SqFt |
| 3030 Grace Marie Way, New Albany, IN, 47150 | $326,840 | 4 | 3 | 1,953 | 1,953 SqFt |
| 1613 Dewey St, New Albany, IN, 47150 | $99,900 | -- | 1 | -- | |
| 1519 E Elm St, New Albany, IN, 47150 | $220,000 | 3 | 2 | 1,200 | 1,200 SqFt |
| 2548 Broadway St, New Albany, IN, 47150 | $152,500 | 3 | 1 | 782 | 782 SqFt |
| 323 Estella Ave, New Albany, IN, 47150 | $259,990 | 4 | 2 | 1,500 | 1,500 SqFt |
| 810 Katie Ln, New Albany, IN, 47150 | $529,900 | 4 | 4 | 3,097 | 3,097 SqFt |
| 2615 2 Mile Ln, New Albany, IN, 47150 | $280,000 | 4 | 3 | 1,251 | 1,251 SqFt |
| 3257 Lands End, New Albany, IN, 47150 | $879,500 | 4 | 4 | 3,709 | 3,709 SqFt |
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ByOwner last updated this listing 07/20/2026 @ 15:50
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