20
See all 20 photos
$500,000
Est. payment /mo
9.19 Acres Lot
Price Dropped by $50K
2639 & 2705 Paoli PIKE New Albany, IN 47150
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202508590
Annual Tax Amount $2,120
Lot Size 9.190 Acres
Acres 9.19
Property Description
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.
Location
State IN
County Floyd
Zoning Residential
Direction 265 to Exit 1 - State St becomes Paoli Pike - Property will be on the Left
Interior
Fireplace No
Exterior
View Y/N Yes
Water Access Desc Connected,Public
View Panoramic, Scenic
Street Surface Paved
Building
Lot Description Wooded
Sewer Septic Tank
Water Connected, Public
Others
Tax ID 220502800008000007
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by RE/MAX FIRST