11048 Johnstown Road New Albany, OH $ 395,000
11048 Johnstown Road
$ 395,000
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11048 Johnstown Road

New Albany, OH, 43054
$ 395,000
Baths0.0

Monthly Estimate*

$ 2,464

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Studio

Lots and Land for sale in New Albany, OH

for $395,000. The lot size is 1.98.

Rare opportunity to purchase property in New Albany School District zoned for a duplex. This site is located ~3 miles (roughly a 5 minute drive) from the Intel site and is within ~5 miles of three wedding venues. Recently approved zoning change allows for a duplex to be constructed on the site. Seller intended to construct a 'barndominium' style duplex for mid-term or short-term rental. The architectural plans for the building will convey with the sale. Site may also be developed as a single family residence or used for personal storage or shop space. Curb cuts providing direct access to both Walnut and State Route 62. Seller is licensed real estate agent in the state of Ohio.

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Lots and Land Active

Price

$ 395,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 2,140

Style

Lot Size

1.98

Town/City

New Albany

County/Region

Franklin

MLS | Web ID

225018043

Features
General
Sewer Private Sewer
Utilities Electricity Available Well Gas
Township Plain
Property Subtype Multi-Family Land
Tax Year 2024
Gross Income 0.0
County Franklin
Net Operating Income 0.0
Operating Expense 0.0
Property Type Land
Possible Use Multi-Family Residential
Status Active
City New Albany
High School District NEW ALBANY PLAIN LSD 2508 FRA CO.
Zoning Description Multifamily
Lot Size Square Feet 86248.8
Land Lease Y/N N
Tax Annual Amount 2140.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Construction None
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Exterior
Lot Features Stream On Lot Wooded
Lot Size Area 1.98
Spa N
Lot Size Acres 1.98
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
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Internal Only
Street Number 1 11048
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* Excluded Features
List By
Robert J Riddle

Listing Agent

New Albany Realty, Ltd

Broker

robr@thomasriddle.com

Email

Affordability Calculator

$2,643
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,464
Monthly Property Taxes
$178
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1421093 Elementary School
1421240 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/18/2025$395,000 -12.22% Price Down
5/22/2025$450,000 Listed Price

Map


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11048 Johnstown Road, New Albany, OH, 43054 is a Lots and Land for sale at $395,000 with a lot size of 1.98. 11048 Johnstown Road is a studio with 0.0 baths. The property's zip code is 43054 which is in New Albany, OH