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5507 Grant Line Road, New Albany, IN 47150

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For Sale

$300,000

3 beds • 2 baths • 1 half baths • 2,300 sqft

Estimated Payment

$ 1,668 /mo. †

6.63% APR for 30 yrs.
$1,560 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $130.43
    Price per square foot

  • 41-50 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

ESTATE SALE- AS-IS condition!!! Bring your vision and create your own sanctuary! A secluded home in the city! This home was once a show stopper and highly sought after so here's your chance to bring it back to its glory. House was built using custom bridge trust and recently ran a new water line to connect to public water system. Sitting on over 5 acres this home has 3 bedrooms, 2 full baths and a half bath, formal dining room, living room and a family room. Two car attached garage with an additional two car detached garage. Roof is concrete so you'll never deal with having to put on a brand new one. House is unique and so many opportunities for the right buyer. Sold As-is!
MLS# 202505565

Courtesy Of Diamond Key Realtors

(502) 298-1029

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Porch, Sky light, Ceiling Fan
  • Appliances
    Dishwasher, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Fireplace
    Fireplace
  • Heating System
    Fireplace, Forced Air
  • Lot Size
    5.28 Acres
  • Rooms
    Family Room

Map and Directions

Directions to 5507 Grant Line Road, New Albany, IN 47150

Home seller CENTURY 21 Knowles Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Knowles Realty

(662) 842-7878
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $1,538
  • Property Taxes
    $130
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,668

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Scribner Middle School

Grades 5-8 Public School

New Albany, IN 47150 5.9 miles
910 old vincennes rd

918 total students
16:1 Student teacher ratio

School Rating: C

School Details

Grant Line Elementary School

Grades PK-4 Public School

New Albany, IN 47150 1.1 miles
4811 grant line rd

513 total students
21:1 Student teacher ratio

School Rating: A

School Details

New Albany Senior High School

Grades 9-12 Public School

New Albany, IN 47150 5.1 miles
1020 vincennes st

1859 total students
20:1 Student teacher ratio

School Rating: B

School Details
Other Nearby Schools Distance Type Grades School Rating
Community Montessori 1.3 miles Public PK-12 C
Prosser Career Education Center 2 miles Public 11-12
Mount Tabor Elementary School 2.9 miles Public PK-4 C-
St Mary Of-the-knobs Catholic School 3 miles Private KG-8
Our Lady Of Perpetual Help School 3.5 miles Private PK-8
St John Paul Ii Catholic School 3.7 miles Private PK-8
Silver Creek Middle School 3.9 miles Public 6-8 B
Floyds Knobs Elementary School 3.9 miles Public PK-4 A-
Parkwood Elementary School 3.9 miles Public PK-5 C-
Slate Run Elementary School 4 miles Public PK-4 B+
Silver Creek High School 4 miles Public 9-12 C
Silver Creek Elementary School 4 miles Public 2-5 C
Fairmont Elementary School 4.2 miles Public PK-4 C+
Silver Creek Primary School 4.3 miles Public PK-1
Holy Family School 4.6 miles Private PK-8
Green Valley Elementary School 4.6 miles Public PK-4 C
Rock Creek Community Academy 4.6 miles Public KG-12 C
Our Lady Of Providence High School 4.8 miles Private 9-12
Excel Center - Clarksville 4.9 miles Public 10-12 D-

Community Montessori

Distance: 1.3 miles

Type Public

Grades: PK-12

C

Prosser Career Education Center

Distance: 2 miles

Type Public

Grades: 11-12

Mount Tabor Elementary School

Distance: 2.9 miles

Type Public

Grades: PK-4

C-

St Mary Of-the-knobs Catholic School

Distance: 3 miles

Type Private

Grades: KG-8

Our Lady Of Perpetual Help School

Distance: 3.5 miles

Type Private

Grades: PK-8

St John Paul Ii Catholic School

Distance: 3.7 miles

Type Private

Grades: PK-8

Silver Creek Middle School

Distance: 3.9 miles

Type Public

Grades: 6-8

B

Floyds Knobs Elementary School

Distance: 3.9 miles

Type Public

Grades: PK-4

A-

Parkwood Elementary School

Distance: 3.9 miles

Type Public

Grades: PK-5

C-

Slate Run Elementary School

Distance: 4 miles

Type Public

Grades: PK-4

B+

Silver Creek High School

Distance: 4 miles

Type Public

Grades: 9-12

C

Silver Creek Elementary School

Distance: 4 miles

Type Public

Grades: 2-5

C

Fairmont Elementary School

Distance: 4.2 miles

Type Public

Grades: PK-4

C+

Silver Creek Primary School

Distance: 4.3 miles

Type Public

Grades: PK-1

Holy Family School

Distance: 4.6 miles

Type Private

Grades: PK-8

Green Valley Elementary School

Distance: 4.6 miles

Type Public

Grades: PK-4

C

Rock Creek Community Academy

Distance: 4.6 miles

Type Public

Grades: KG-12

C

Our Lady Of Providence High School

Distance: 4.8 miles

Type Private

Grades: 9-12

Excel Center - Clarksville

Distance: 4.9 miles

Type Public

Grades: 10-12

D-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for New Albany, IN 47150

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New Albany, IN 47150

This community’s employment is highest in the administrative support and production occupations industries. The area’s overall household expenses are above the national average.

89° July
Hottest Average Month
25° January
Coldest Average Month
20,868 Total Households in Area
0.2% Increase in population since the year 2010
29.9%
of households
have children
20 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for New Albany, IN 47150

New Albany, IN 47150 has a population of 49,037 people in 20,868 households with a median age of 39.6 years old.

0.2%
Increase in population
since the year 2010
Population is Trending up
20,573
Total households as of 2010
3.6%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 39.6 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 80%
Black 8%
Hispanic 5%
Other 2%
Asian 1%
Native American <1%
The most prevalent ethnicity is White at 80%, followed by Black at 8%, Hispanic at 5%, and Other at 2%.

Economics
for New Albany, IN 47150

1,116 /sq mi
Population Density
$63,600 /yr
Median Household Income
$205,800
Median Sales Price
20 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 18.98% of the households.

Transportation to Work

  • Drive 87%
  • Work from Home 8%
  • Walk or Bike 3%
  • Public Transit 1%

Occupancy by Type

Owned 13,798 61%
Rented 7,071 31%
Vacant 1,758 8%

White vs Blue Collar Jobs







White Collar 68%
Blue Collar 32%

Family & Education Facts
for New Albany, IN 47150

39.6 Median Age

Average Household Size

2.3
persons per
household

43.9%

Married Households

Community Population By Education

High School Graduate 32%
Some College 20%
Bachelors Degree 17%
Some High School 11%
Graduate Degree 10%
Associates Degree 10%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 32.36% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
29.8% of households have children

Weather
for New Albany, IN 47150

The weather for this area ranges from a high of 89° F in July to a low of 25° F in January

89° July
Hottest Average Month
25° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
25°
42°
Feb
27°
47°
Mar
35°
57°
Apr
44°
68°
May
54°
77°
Jun
62°
85°
Jul
66°
89°
Aug
65°
88°
Sep
58°
81°
Oct
46°
70°
Nov
36°
57°
Dec
28°
46°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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