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Land with Home for Sale in New Albany, Indiana

2639 & 2705 Paoli Pike, New Albany, IN 47150

$550,000
13 acres
pending
Under contract

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.

1,193
Sq feet
2
Beds
1
Full bath
1938
Built

Location

Street address
2639 & 2705 Paoli Pike
Elevation
627 feet
Coordinates
38.3133, -85.8523

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

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

DateEventPriceChangeSource
June 20, 2025Under contract$550,000SIREA
June 9, 2025New listing$550,000SIREA
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This 12.91-acre property is located at 2639 & 2705 Paoli Pike in New Albany, IN 47150. The property is pending sale. It has a 1,193 sq ft 2 bedroom, 1 bath house built in 1938.

Checked 2 hours ago — Updated

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