406 E Spring St, New Albany, IN 47150 Property Records

Floyd County property record for 406 E Spring St, New Albany, IN 47150

Property Summary

Property TypeCommercial
Details3,600 sqft · built 1950
Lot Size0.088 acres (3,833 sqft)
OwnerCompany Name on Record
Last Sale$367,400 (Dec 2022)
Tax Bill$2,552 (2025)
Deeds & MortgagesDec 2022 Mortgage
Mar 2019 Sale
Flood ZoneZone X (minimal risk)
APN22-05-00-200-659.000-008

Property Details

APN / Parcel Number

Primary APN22-05-00-200-659.000-008
Alternative APN
  • 0087890002

Interior

Plumbing Fixtures7 Plumbing Fixtures
Stories1 Story
Building Area3,600 sqft Total Area
1st Floor Area3,600 sqft

Exterior

Year BuiltBuilt 1950
Effective Year BuiltEffective 1950
Construction TypeWood
Fire ResistanceWood or Wood & Steel Frame
Lot Area3,833 sqft (0.088 acres)
Lot Dimensions65 ft deep x 60 ft wide
Utility Building3,600 sqft

Utilities, Heating & Cooling

Heating FuelGas
SewerConnected

Location & Zoning

Account Number0087890002
Street Address406 E SPRING ST
CityNEW ALBANY
StateIN
Zip47150-2920
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionP.93 E 1/2 L.29 & R 10' & W 1/2 L.29
Legal SubdivisionUPPER SPRING STREET
JurisdictionFLOYD IN
Township / Civil DivisionNEW ALBANY
Census Block Group2
Census Block2030
Census Tract70500

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic DistrictWithin the New Albany Downtown Historic District (Additional Documentation)
listed 1999 · 84 contributing resources · NRIS 99001074

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

Source: Floyd County records, as of October 20, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address406 E SPRING ST, NEW ALBANY, IN 47150-2920
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Dec 7, 2022Warranty Deed, Transfer · Commercial Mortgage
M&C PROPERTIES LLC
Mar 26, 2019Contract Sale, Transfer

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 7, 2022 · Amount on Record
Deed SaleDec 7, 2022 · Amount on Record
Prior SaleMar 26, 2019 · Amount on Record
Deed Document Number202213388
Record UpdatedOct 29, 2026

December 2022: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionFLOYD IN
Recording DateDec 7, 2022
Property Address406 E SPRING ST, NEW ALBANY, IN 47150-2920
Document Number0202213388
Map ReferencePL 93
Instrument DateDec 5, 2022
Instrument202213388
Transaction TypeTransfer
Record UpdatedFeb 7, 2023

Transaction

Tax$0.00
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0202213389
DateDec 7, 2022
Instrument202213389
Lender
NameM&C PROPERTIES LLC
TypeFunding / Finance Company
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term72 Months
DueDec 5, 2028
Interest
Rate TypeFixed Rate

March 2019: Contract Sale, Transfer

Document TypeContract Sale
JurisdictionFLOYD IN
Recording DateMar 26, 2019
Property Address406 E SPRING ST, NEW ALBANY, IN 47150-2920
Document Number0201904372
Map ReferencePL 93
Instrument DateMar 4, 2019
Instrument201904372
Transaction TypeTransfer
Record UpdatedFeb 7, 2023

Transaction

AmountAmount Recorded
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address6685 SCOTTSVILLE NAVILLETON RD, FLOYDS KNOBS, IN 47119-8614
InvestorPossibly a Property Investor

Tax Assessment & Valuation

Source: Floyd County assessment roll, as of June 19, 2026

Property Jurisdictions

TypeName
StateIndiana
CountyFloyd County
County SubdivisionNew Albany Township
MunicipalityNew Albany City
Unified School DistrictNew Albany-Floyd County Consolidated Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$2,552.00 (+17.98%)$92,900 (+20.65%) Land $21,100 Building $71,800$92,900 (+20.65%) Land $21,100 Building $71,800
2024$2,163.00 (-4.55%)$77,000 (-1.53%) Land $21,100 Building $55,900$77,000 (-1.53%) Land $21,100 Building $55,900
2023$2,266.00 (-32.86%)$78,200 (-0.89%) Land $21,100 Building $57,100$78,200 (-0.89%) Land $21,100 Building $57,100
2022$3,375.00$78,900 Land $21,100 Building $57,800$78,900 Land $21,100 Building $57,800

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective August 9, 2019 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies8 in force
Nearby Flood Claims4 (2011–2025)
Most Recent ClaimApr 2025 · Severe Storms, Straight-line Winds, Tornadoes, And Flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · above 73% of Indiana
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemINDIANA AMERICAN WATER - S. INDIANA
private · serves 104,445 people · EPA ID IN5210005
Water SourceGroundwater
Last State InspectionAug 2023
LeadUnder 1 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 317 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20
BluegrassNet
Fixed Wireless
100 / 100
AT&T
Fixed Wireless · Fiber in parts of the area
100 / 20
Community Wireless
Fixed Wireless
100 / 20
T-Mobile
Fixed Wireless
100 / 20

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