Additional Details

Property Details

Lot Dimensions:

11325.6

Road Surface:

Paved

Lot Features:

Corner Lot, Garden

Zoning:

Residential, Historic Dist

Water Source:

Connected, Public

Upper Level Sq. Ft.:

5, 268

Total Sq. Ft.:

5, 468

Sq. Ft. Source:

Assessor

Basement:

Yes

Directions:

MAIN STREET TO PROPERTY

Interior Features

Attic, Bookcases, Ceramic Bath, Ceiling Fans, Separate Formal Dining Room, Entrance Foyer, Eat In Kitchen, Home Office, In Law Floorplan, Kitchen Island, Bath In Primary Bedroom, Main Level Primary, Open Floorplan, Split Bedrooms, Second Kitchen, Cable Tv

Appliances

Dryer, Dishwasher, Microwave, Oven, Range, Washer

Cool

Central Air

Heat

Forced Air

0

Tax and Financial Info

Semi-Annual Property Tax:

$4, 707

Quick View

Address:

1206 E Main Street New Albany IN 47150

Status:

Active

On Site:

91 Days On Site

Price:

$989, 900

Bedrooms:

8 Beds

Bathrooms:

5 Full Baths

Sq. Feet:

5, 468

Year Built:

1866

Lot Size:

0.26

County:

Floyd

Township:

New Albany

MLS #:

202607134

Property Type:

Residential

Exterior Type

Brick, Frame

Community Information

Description

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 iron details, and reconstruction of the two-story porch/deck true to its original design. Inside, each unit has been updated for modern living while maintaining historic character through original plaster crown molding and trim, restored windows, original doors, staircases and railings, exposed brick, and hardwood floors with inlaid detail. Major updates include separate electrical meters, separate furnaces and A/C systems, and separate water heaters for all units. A rare opportunity to own one of New Albany’s most iconic historic properties with flexible short-term, mid-term, long-term, owner-occupant, or mixed-use investment potential.

Source: SIRA as distributed by MLS GRID, MLS ID: 202607134

Listing provided courtesy of Tiffany Denison 812-728-8181 with Lopp Real Estate Brokers

Last Updated: 4/7/2026 | 5:39 PM

Home Details

Status: Active

Price: $989,900

Address: 1206 E Main Street, New Albany, IN 47150

Bedrooms: 8

Bathrooms: 5

Square Feet: 5,468

91 days on Site

• Property Type: Residential
• Built in 1866
• 91 days on Site
• 0.26 Lot Size
• Cooling: Central Air
• Heating: Forced Air