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Residential Land in New Albany

2.4+/- AC Powder House Lane, New Albany, IN 47150

For Sale
$42,000

Vacant Land, New Albany, IN

Property SizeContact for details
Lot Size2.40 Acres
Days on Market271

Property Features for 2.4+/- AC Powder House Lane

General Information

Property type Land
Property subtype Other
Zoning Residential
Lot features Corner Lot, Wooded Lot
Directions From SR 111, turn right onto Budd Rd. Follow Budd Rd approximately 0.5 miles. Property will be on your left.
Standard status Active
APN 220500900036000007
Lot size 2.40 Acres

Taxes and HOA fees

Tax Year 4051
Tax Description N 1/2 SE 1/4 9-3-6 1.59 AC & N 1/2 SE 1/4 9-3-6 .815 AC
Tax Annual Amount 138
Legal Description N 1/2 SE 1/4 9-3-6 1.59 AC & N 1/2 SE 1/4 9-3-6 .815 AC

Utilities

Water source Public
Listing Agency: Ward Realty Services
Listed By: Kevin Hooker
Added: Feb 13 Changed: Nov 8 Last Checked: Nov 10 at 10:06AM
MLS# 202605928

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.

Rey
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Investment Insights

Based on property information with market context.

This 2.4 +/- acre residential lot is located in New Albany, Indiana. The property is bordered by wooded areas, offering privacy and natural beauty. City sewer is available, eliminating the need for a septic system. The property is intended for residential use, offering the opportunity to build a dream home. It is located a short commute to town.

Key Highlights

  • 2.4 +/- acre lot offers ample space for building.
  • City of New Albany Sewer available, eliminating the need for a septic system.
  • Located minutes from downtown New Albany.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Land in Floyd County

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Frequently Asked Questions

What type of property is this?
Land - 2.4 +/- acre lot for dream home near downtown.
Where is this land located?
The property is located at 2.4+/- AC Powder House Lane New Albany, IN.
What is the asking price?
The asking price for this property is $42,000.
What are key features of this property?
This property features: 2.4 +/- acre lot offers ample space for building.; City of New Albany Sewer available, eliminating the need for a septic system.; Located minutes from downtown New Albany.
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