New Albany Development
For Sale
$500,000
2639 & 2705 Paoli Pike, New Albany, IN 47150
Vacant Land, New Albany, IN
Property SizeContact for details
Lot Size9.19 Acres
Days on Market453
Property Features for 2639 & 2705 Paoli Pike
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Lot features
Panoramic View, Scenic View, Wooded Lot
Directions
265 to Exit 1 - State St becomes Paoli Pike - Property will be on the Left
Standard status
Active
APN
220502800008000007
Lot size
9.19 Acres
Taxes and HOA fees
Tax Year
4049
Tax 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
Tax Annual Amount
2120
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
Utilities
Water source
Public
Listing Agency:
RE/MAX FIRST · RE/MAX International
(812) 283-4778
Listed By:
Chris West
(502) 644-7653
Added: Jun 9, 2025
Changed: Aug 30
Last Checked: Sep 4 at 10:06AM
MLS# 202508590
Copyright © 2026 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a rare development opportunity in the heart of New Albany. The property, approximately 9.19 acres, is located along Paoli Pike/State Street and Binford Road. The parcel offers road frontage on two sides and features a mix of level to gently sloping topography, making it suitable 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. The location is just minutes from shopping, dining, medical facilities, and interstate access. This property is located in New Albany, Indiana, in Floyd County.
Key Highlights
- Large 9.19+\/- acre development opportunity in New Albany.
- Prime real estate with high visibility on Paoli Pike/State Street and Binford Road.
- Road frontage on two sides and suitable topography for various development options.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
Explore this area
Business Placement
Demographics for 47150, IN
49,395
Population
22,834
Households
2.2
Avg Household Size
39
Median Age
26%
College-Educated
91%
High-School Grad
45.0 sq mi
ZIP Area
1,098
Density / Sq Mi
$62,212
Median Household Income
$40,837
Median Earnings
$984
Median Rent
$191,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Land - 9.19+/- acres of prime real estate in New Albany, IN.
Where is this land located?
The property is located at 2639 & 2705 Paoli Pike New Albany, IN.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Large 9.19+\/- acre development opportunity in New Albany.; Prime real estate with high visibility on Paoli Pike/State Street and Binford Road.; Road frontage on two sides and suitable topography for various development options.
