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

Floyd County property record for 701 E Spring St, New Albany, IN 47150

Property Summary

Property TypeApartments (5+ Units)
Details62,100 sqft · built 1920
Lot Size1.06 acres (46,174 sqft)
OwnerCompany Name on Record
Last Sale$2,025,000 (Oct 2018)
Tax Bill$8,553 (2025)
Deeds & MortgagesJan 2021 Mortgage
Oct 2018 Mortgage
Flood ZoneZone X (minimal risk)
APN22-05-03-500-096.000-008

Property Details

APN / Parcel Number

Primary APN22-05-03-500-096.000-008
Alternative APN
  • 0087660001

Interior

Plumbing Fixtures11 Plumbing Fixtures
Units46 Units
Stories5 Stories
Building Area62,100 sqft Total Area
1st Floor Area62,100 sqft
Fire SprinklersFire Sprinklers
ElevatorElevator

Exterior

Year BuiltBuilt 1920
Effective Year BuiltEffective 1920
Construction TypeWood
Lot Area46,174 sqft (1.06 acres)
Lot Dimensions350 ft deep x 132 ft wide
Total Buildings2 Buildings

Location & Zoning

Account Number0087660001
Street Address701 E SPRING ST
CityNEW ALBANY
StateIN
Zip47150-2949
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Legal DescriptionP 45 LTS 1- 8
Legal SubdivisionUPPER ELM STREET 45
Legal Lot Number1
JurisdictionFLOYD IN
Township / Civil DivisionNEW ALBANY
Census Block Group2
Census Block2010
Census Tract70500

Historic Designation

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

Historic DistrictWithin the East Spring Street Historic District (Boundary Increase)
listed 2020 · 295 contributing resources · NRIS 02001566

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 Address3022 REFLECTION WAY, FLOYDS KNOBS, IN 47119-8411
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Jan 8, 2021Deed of Trust, Mortgage · Conventional Mortgage
REPUBLIC BANK & TRUST CO
Oct 22, 2018Warranty Deed, Transfer · Commercial Mortgage
REPUBLIC BANK & TRUST CO

Assessor's Deed Record

Deed NamesName on Deed
Last SaleOct 22, 2018 · Amount on Record
Deed SaleOct 22, 2018 · Amount on Record
Deed Document Number201817283
Record UpdatedOct 29, 2026

January 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionFLOYD IN
Property Address701 E SPRING ST, NEW ALBANY, IN 47150-2949
Transaction TypeMortgage
Record UpdatedDec 26, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0202100256
DateJan 8, 2021
Instrument202100256
Lender
NameREPUBLIC BANK & TRUST CO
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term120 Months
DueOct 28, 2030
Interest
Rate TypeFixed Rate

October 2018: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionFLOYD IN
Recording DateOct 22, 2018
Property Address701 E SPRING ST, NEW ALBANY, IN 47150-2949
Document Number0201817283
Map ReferencePL 45 IN 201303598
Instrument DateOct 17, 2018
Instrument201817283
Transaction TypeTransfer
Record UpdatedDec 26, 2023

Transaction

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

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address3022 REFLECTION WAY, FLOYDS KNOBS, IN 47119-8411

Mortgage

Document Number0201817284
DateOct 22, 2018
Instrument201817284
Lender
NameREPUBLIC BANK & TRUST CO
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term120 Months
DueOct 17, 2028
Interest
Rate TypeFixed Rate

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$8,553.00 (+18.61%)$399,700 (-58.83%) Land $98,600 Building $301,100$399,700 (-58.83%) Land $98,600 Building $301,100
2024$7,211.00 (-14.1%)$970,800 (+150.01%) Land $98,600 Building $872,200$970,800 (+150.01%) Land $98,600 Building $872,200
2023$8,395.00$388,300 Land $98,600 Building $289,700$388,300 Land $98,600 Building $289,700

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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