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    6369 In-111 New Albany, IN 47150

    For Sale
    $49,900

    0.46-acre residential lot with Ohio River views.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 0.46-acre vacant land parcel presents a unique opportunity to build your dream home in desirable New Albany, Indiana. Boasting captivating views of the Ohio River and conveniently located near the casino, this property offers unparalleled scenic beauty. The lot is zoned for residential use and identified by APN 22-01-00-600-002.000-001. Situated at 6369 State Road 111, New Albany, IN 47150 (38.1941708, -85.8901844), this property provides breathtaking vistas. Prospective buyers are advised to independently verify all utility availability and building regulations to ensure compliance with their construction plans. The asking price for this remarkable lot is $49,900. This is a rare chance to own a piece of this picturesque riverfront location. Seize this opportunity to create your ideal residence in a highly sought-after area. Act quickly, as properties with these stunning views are in high demand.

    Property Features for 6369 In-111

    General Information

    Property type
    Land
    Lot Size
    20,038 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New Albany
    County
    Floyd
    State
    Indiana
    Longitude
    -85.8901844
    Latitude
    38.1941708

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    FAQs

    What type of property is this?
    Land - 0.46-acre residential lot with Ohio River views.
    Where is this land located?
    The property is located at 6369 In-111 New Albany, IN.
    What is the asking price?
    The asking price for this property is $49,900.
    (502) 643-3062
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    6369 In-111 New Albany, IN 47150
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    New Albany, IN 47150
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6369 In-111 New Albany, IN 47150
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