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2639 & 2705 Paoli Pike, New Albany, IN, 47150
New Albany Development Opportunity

2639 & 2705 Paoli Pike New Albany, IN 47150

For Sale
$500,000

LAND - New Albany, IN

Lot Size9.19 Acres
Days on Market416

Property Features for 2639 & 2705 Paoli Pike

General Information

Property type Land
Property subtype Other
Zoning Residential
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

Utilities

Water source Public
Listing Agency: RE/MAX FIRST
Listed By: Chris West
Added: Jun 9, 2025 Changed: Jul 26 Last Checked: Jul 29 at 3:06PM
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 Location Intelligence

Current Use

Residential land & home ...

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop Law Firm Building Supply Auto Parts Store Parking Lot & Garage

Zoning and permitted uses should be independently verified with authorities.

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.
More about this property
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