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Recreational Land for Sale in New Albany, Indiana
4441 Reas Ln, New Albany, IN 47150
$2,500,000
97.4 acres
pending
Under contract
97.38 acre site which has an excellent location and potential to be developed as an industrial or residential subdivision; this site is located near the New Albany Industrial Park and has close access to I-265 at Grantline Road; property also has considerable amount of marketable timber (see broker). See attachments for potential development plans as a residential or industrial subdivision.
Location
- Street address
- 4441 Reas Ln
- County
- Floyd County
- Elevation
- 568 feet
Directions
I-265 to Grantline Rd to Hausfeldt Lane to Reas Lane
Property details
- Acreage
- 97.38 acres
- MLS #
- SIREA 202308434
- Posted
Property taxes
- Recent
- $2,860
Parcels
- 22050100002100007
Legal description
E 1/2 SE 1/4 10-2-6 25.85ac; E1/2 SE 1/4 10-2-6 29.72ac #23 34.21ac #25; 10-2-6 9.6ac #28
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 20, 2025 | Under contract | $2,500,000 | — | SIREA |
| July 14, 2023 | Price drop | $2,500,000 | $700,000 -21.9% | SIREA |
| June 19, 2023 | New listing | $3,200,000 | — | SIREA |
Payment calculator
Jim Baker
Baker Commercial Real Estate
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