$500,000
 $2,839 est/mo Sourced by Back At You

2639 & 2705 Paoli Pike,New Albany, IN 47150

New Albany, IN 47150

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Description

RARE Development Opportunity in the Heart of New Albany! First time on the market in over 65 yearsdon’t miss your chance to own approximately 9.19± acres of prime real estate along highly visible Paoli Pike/State Street and Binford Road. This unique parcel offers road frontage on two sides & features a mix of level to gently sloping topography, making it ideal for a variety of potential uses. Currently zoned residential, this land holds exceptional potential for patio homes, townhouses, or a thoughtfully designed residential development with possible rezoning. Located just minutes from shopping, dining, medical facilities, & interstate access, the location is as convenient as it is strategic. This is a rare opportunity for developers or investors looking to create something special in a sought-after New Albany corridor. Call today for more details or to schedule a walk of the propertyopportunities like this don’t come around often! Do not attempt to enter white house. It is unsafe.

Details

MLS #202508589
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1938
Days On Site437
Listing Provided ByRE/MAX FIRST | Chris West

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet1,193
Garage1
BasementY
Story(s)1
ZoningResidential
Acreage9.19
Property ViewYes

Exterior

Lot FeaturesWooded

Parking

Garage Yes / NoYes
Parking FeaturesAttached, Basement, Garage

Taxes

Tax Annual Amount2120

Area Information

StateIN
CountyFloyd
CityNew Albany
Zip Code47150
Listing VS Median (in 47150)
Price:
$500,000
low | high
Med:
$249,900
100% of Average
sqft:
1,193
low | high
Med:
1,572
18.231349538977% of Average
$ / sqft:
$419
low | high
Med:
$159
100% of Average
On site:
437
low | high
Med:
125
100% of Average
Sourced by Back At You

Market Activity 47150

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Additional Information

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Contact

Learn More About This Property

MATT WEAVER

MATT WEAVER

Coldwell Banker McMahan

46607 (502) 376-0884mattweaver@cbmoffice.com
StateIN
CountyFloyd
CityNew Albany
Zip Code47150
Listing VS Median (in 47150)
Price:
$500,000
low | high
Med:
$249,900
100% of Average
sqft:
1,193
low | high
Med:
1,572
18.231349538977% of Average
$ / sqft:
$419
low | high
Med:
$159
100% of Average
On site:
437
low | high
Med:
125
100% of Average
Sourced by Back At You
Listing Updated: August 20, 2026 at 11:16:21 AM PDT