1659 & 1665 Highwater Rd
New Albany, IN, 47150 $ 1,150,000
Bedrooms7 Baths5.1 Sq 5,363 Monthly Estimate*
$ 7,943
for $1,150,000 with 7 bedrooms and 5 full baths, 1 half bath. This 5,363 square foot home was built in 2011 on a lot size of 79.44.
NEARLY 80 ACRES, TWO HOMES, AND ONE INCREDIBLE OPPORTUNITY IN FLOYD COUNTY! Imagine having your own private retreat, surrounded by nature, yet just 15 to 20 minutes from downtown Louisville! Properties offering this much land, privacy, and versatility in such a convenient location are truly hard to find! At the heart of the property is a thoughtfully designed, energy-efficient super-insulated PASSIVE SOLAR HOME that uses natural sunlight and warmth to help maintain comfortable temperatures and potentially reduce energy costs. Back-up heat is provided by a very comfortable radiant floor heating system. Interior walls are from a historic log cabin, with ash floors and oak trim, provide a very cozy feel. This results in the feel of a log cabin but in a bright energy-efficient home. A large, full basement offers exciting possibilities for additional finished living space! With TWO homes, including the original family farmhouse, this property is ideal for those dreaming of a private homestead, multigenerational living! The septic layout was even planned with future homes in mind! Explore hiking trails, a pond, creek, cabin, garden, and orchard, plus an incredible view of downtown Louisville from the top of the trail! A mature forest covers most of the property. Privacy, natural beauty, and endless possibilities, all just minutes from New Albany and Louisville!
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FeaturesGeneralSewer Septic Tank
Heating Radiant
Cooling None
Utilities Water Available
Possession Close Of Escrow
Appliances Dryer Dishwasher Microwave Oven Range Refrigerator Washer
Zoning Residential
Garage Spaces 2
Patio/Porch Features Covered Deck Porch
Architectural Style One and One Half Story Two Story
Construction Materials Stone Frame
Year Built 2011
View Park/Greenbelt Hills Panoramic Scenic
Stories Count 2
Township New Albany
Levels One and One Half Two
Property Subtype Residential
County Floyd
New Construction false
Property Type Residential
HOA false
Attached Garage false
Garage Y/N true
Other Structures Barn(s) Kennel/Dog Run Garage(s) Shed(s)
Total Rooms 12
Full Baths 5
Status Active
Directions From downtown New Albany head south on State Road 111. Turn right onto Budd Road then turn right onto Highwater Road. Continue to 1665 Highwater Road.
City New Albany
Zoning Description Residential
Lot Size Units Acres
Lot Size Square Feet 3460406.4
Listing Terms Cash Conventional
Tax Annual Amount 8794
Home Warranty Y/N false
Lease Considered Y/N false
Standard Status Active
Property Sub Type Additional Residential
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InteriorInterior Amenities Breakfast Bar Bookcases Ceiling Fan(s) Eat-in Kitchen Home Office In-Law Floorplan Kitchen Island Bath in Primary Bedroom Main Level Primary Open Floorplan Pantry Split Bedrooms Second Kitchen Storage Separate Shower Cable TV Vaulted Ceiling(s) Natural Woodwork
Basement Unfinished Walk-Out Access
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Window Features Thermal Windows
Fireplace Y/N false
Above Grade Finished Area 5363
Half Baths 1
Laundry Features Main Level Laundry Room
Total Bedrooms 7
Below Grade Finished Area 0
Total Baths 6
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ExteriorExterior Amenities Deck Porch
Parking Features Detached Garage
Water Source Not Connected Public
Lot Size Area 79.44
Foundation Details Poured
Building Area Total 5363
Lot Size Acres 79.44
Wooded Area 55
Road Surface Type Paved
Lot Size Source Assessor
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* Excluded FeaturesList ByKendall SchneiderListing Agent
Lopp Real Estate BrokersBroker
k.schneider@lopprealestate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,943
- Monthly Property Taxes
- $733
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbySingle family listings in New Albany, IN
Average List Price $300,872
Percent of Sale Price 74%
About New Albany, IN 37,322 Population
-2% Since 2002
$ 42,745 Median Income
38.43 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/2/2026 | $1,150,000 | | Listed Price |