$500,000

2639 & 2705 Paoli Pike, New Albany, IN 47150

  • 2 beds |
  • 1 bath |
  • 1,193 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1938
  • Property Lot Size Icon9.19acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $419/sqft
  • Property List Date Icon Listed 11 months ago

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. 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.

Listing Status:
Active
Data Last Updated:
May 25, 2026 at 12:17AM
Listing Office:
RE/MAX FIRST : 812-283-4778
MLS ID:
202508589
  • Laundry: Main LevelOther
  • Basement: Walk-Out Access
  • A/C: Central Air
  • Heating: Forced Air
  • Fireplace: InsertFireplaceFireplaces: 1
  • General: Porch
  • Style: One Story
  • Other Structures: PorchCovered
  • Parking: AttachedBasementGarage
  • Roofing: Shingle
  • General: BrickFrame1Block
  • Road/Access: Paved
  • Originating MLS: SIRA_SIRA
  • County: Floyd
  • Zoning: ResidentialNE 1/4 28-2-6 11.913 AC. & NW 1/4 NE 1/4 28-2-6 .41AC & NW 1/4 NE 1/4 28-2-6 .59 AC #005/26900-89220502800008000007
  • View: PanoramicScenicView
  • Water: ConnectedPublic
  • Sewer: Septic Tank
  • Source: SIRA_SIRA

This listing courtesy of RE/MAX FIRST

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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