Sheldon Barnes
For Sale — 512 Cherokee Drive, New Albany, IN 47150512 Cherokee Drive
New Albany, Indiana 47150
Indian Heights
$279,900
Schedule a Showing3
Beds
2
Baths
2,160
Sq Ft
1966
Year Built
0.21
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving New Albany, Indiana and the rest of Hamilton County. Book a private tour of 512 Cherokee Drive in Indian Heights, ask any question about this home, or talk through what you should know about buying in New Albany.
ABOUT THIS HOME
Recently renovated brick home in the heart of New Albany! Located in the established Indian Heights subdivision, this spacious home features 3 bedrooms on the main floor and a fully finished basement offering plenty of additional living space. Major updates-including the roof, gutters, HVAC system, water heater, and more-provide peace of mind for years to come. The beautifully updated kitchen features butcher block countertops, updated cabinetry, a stylish backsplash, and stainless steel appliances. The finished basement offers incredible flexibility and entertainment space with a built-in bar and plenty of room for a home theater, game room, gym, or additional living area. You'll also find a bonus room, a large laundry room, and a second full bathroom. Outdoor living is just as impressive with a massive deck overlooking a large, fully fenced backyard-perfect for gatherings, relaxing evenings, or pets. The deck even includes a small sink and gas stove, making outdoor cooking and entertaining a breeze. Mature trees provide shade and add to the peaceful setting. An attached 1-car garage offers additional storage with ample built-in shelving. All of this located in a wonderful neighborhood within walking distance of many shops and restaurants along Grant Line Road-including Walmart-and just a short drive to Louisville.
Key things to know
- All bedrooms on main floor
- Finished basement with built-in bar
- Updated kitchen with stainless steel appliances
- Large deck with gas stove and sink
- Fully fenced backyard with mature trees
Monthly payment
Estimate · $279,900
$1,633/mo
≈ $1,490 principal & interest · $143 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $55,980 on a loan of $223,920.
Price history
- Listedat $279,900
Mar 9, 2026
Recent comparable sales
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$279,900Listed· Mar 9, 2026
3 days on market
Layout
Schools
New Albany-Floyd Co Con Sch
Neighborhood
- Downtown Indianapolis101.8 mi
- Fishers High School114.3 mi
- IU Health North Hospital114.4 mi
- Monon Trail (Carmel)114.5 mi
- Conner Prairie114.5 mi
- Carmel High School115.2 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,160 sq ft
Year Built
1966
Stories
One
Subdivision
Indian Heights
Bedrooms
3
Bathrooms
2 full
Garage
1 spaces
School District
New Albany-Floyd Co Con Sch