2639 & 2705 Paoli Pike New Albany, IN $ 500,000
2639 & 2705 Paoli Pike
$ 500,000
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2639 & 2705 Paoli Pike

New Albany, IN, 47150
$ 500,000
Bedrooms2 Baths1.0 Sq 1,193

Monthly Estimate*

$ 3,079

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Single Family Home for sale in New Albany, IN

for $500,000 with 2 bedrooms and 1 full bath. This 1,193 square foot home was built in 1938 on a lot size of 9.19.

RARE Development Opportunity in the Heart of New Albany! First time on the market in over 65 years—don’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 property—opportunities like this don’t come around often! Do not attempt to enter white house. It is unsafe.

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Single Family Active

Price

$ 500,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 2,120

Style

Lot Size

9.19

Year Built

1938

Town/City

New Albany

County/Region

Floyd

MLS | Web ID

202508589

Features
General
Sewer Septic Tank
Heating Forced Air
Cooling Central Air
Possession Negotiable
Roof Shingle
Zoning Residential
Garage Spaces 1
Patio/Porch Features Covered Porch
Architectural Style One Story
Construction Materials Brick Frame
Year Built 1938
View Panoramic Scenic
Stories Count 1
Township New Albany
Levels One
Property Subtype Residential
Additional Parcels Description 220502800060000007
County Floyd
New Construction false
Property Type Residential
Attached Garage true
Garage Y/N true
Total Rooms 0
Full Baths 1
Status Active
Directions 265 to Exit 1 - State St becomes Paoli Pike - Property will be on the Left
City New Albany
Zoning Description Residential
Lot Size Units Acres
Lot Size Square Feet 400316.4
Listing Terms Cash Conventional
Tax Annual Amount 2120
Property Condition Resale
Standard Status Active
Property Sub Type Additional Residential
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Interior
Basement Walk-Out Access
Total Fireplaces 1
Fireplace Features Insert
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 1193
Half Baths 0
Laundry Features Main Level Other
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 1
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Exterior
Exterior Amenities Porch
Parking Features Attached Basement Garage
Lot Features Wooded
Water Source Connected Public
Lot Size Area 9.19
Foundation Details Block
Building Area Total 1193
Lot Size Acres 9.19
Road Surface Type Paved
Other Parking Off Street
Lot Size Source Assessor
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* Excluded Features
List By
Chris West

Listing Agent

Re/Max First

Broker

ChrisWestHomes@gmail.com

Email

Affordability Calculator

$3,255
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,079
Monthly Property Taxes
$177
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
3/12/2026$500,000 -9.09% Price Down
11/12/2025$550,000 Listed Price

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2639 & 2705 Paoli Pike, New Albany, IN, 47150 is a Single Family Home for sale at $500,000 with 1,193 sqft and a lot size of 9.19. 2639 & 2705 Paoli Pike has 2 bedrooms, 1.0 baths, and was built in 1938. The property's zip code is 47150 which is in New Albany, IN