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
Baths0.0

Monthly Estimate*

$ 3,079

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Studio

Lots and Land for sale in New Albany, IN

for $500,000. The lot size is 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. Priced below recent appraised value, 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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Lots and Land Active

Price

$ 500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 2,120

Style

Lot Size

9.19

Town/City

New Albany

County/Region

Floyd

MLS | Web ID

202508590

Features
General
Sewer Septic Tank
Possession Negotiable
Zoning Residential
View Panoramic Scenic
Township New Albany
Additional Parcels Description 220502800060000007
County Floyd
Property Type Land
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
Standard Status Active
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Exterior
Lot Features Wooded
Water Source Connected Public
Lot Size Area 9.19
Lot Size Acres 9.19
Road Surface Type Paved
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 Listed Price

Map


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2639 & 2705 Paoli Pike, New Albany, IN, 47150 is a Lots and Land for sale at $500,000 with a lot size of 9.19. 2639 & 2705 Paoli Pike is a studio with 0.0 baths. The property's zip code is 47150 which is in New Albany, IN