
Land with Home for Sale in New Albany, Indiana
2639 & 2705 Paoli Pike, New Albany, IN 47150
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 12.9+/- 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
- Street address
- 2639 & 2705 Paoli Pike
- County
- Floyd County
- Elevation
- 627 feet
Directions
265 to Exit 1 - State St becomes Paoli Pike - Property will be on the Left
Property details
- Acreage
- 12.91 acres
- Zoning
- Residential
- MLS #
- SIREA 202508589
- Posted
Parcels
- 220502800008000007
Legal description
NE 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 #005/26900-89
Details and features
Listing
- Type
- Residential
- Franchise
- RE/MAX International
Lot
- Features
- Panoramic View, Scenic View, Wooded Lot
Exterior
- Pool
- Porch
- Features
- Covered Porch
Structure
- Stories
- 1
- Water
- Public
- Heating
- Forced Air
- Cooling
- Central Air
- Roof
- Shingle
Interior
- Rooms
- Basement, Bathroom, Bedroom x 2
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 20, 2025 | Under contract | $550,000 | — | SIREA |
| June 9, 2025 | New listing | $550,000 | — | SIREA |




















