2639 & 2705 Paoli Pike, New Albany, IN 47150

$500,000
2
BD
1
BA
1,193
SqFt

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List Price
$500,000
Status
ACTIVE
Days on Market
415
Price Change
▼ $50,000 1773366789
MLS#
202508589
Subtype
Residential
Style
One Story
Architectural Style
One Story
Year Built
1938
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
1,193
Lot Size
400,316
Acres
9.19

Property Description

RARE Development Opportunity in the Heart of New Albany! First time on the market in over 65 years—don’t miss your chance to own approximately 9.19± acres of prime real estate along highly visible Paoli Pike/State Street and Binford Road. This unique parcel offers road frontage on two sides & features a mix of level to gently sloping topography, making it ideal 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. Located just minutes from shopping, dining, medical facilities, & interstate access, the location is as convenient as it is strategic. This is a rare opportunity for developers or investors looking to create something special in a sought-after New Albany corridor. Call today for more details or to schedule a walk of the property—opportunities like this don’t come around often! Do not attempt to enter white house. It is unsafe.

Additional Information

Exterior Features
Porch
Taxes
$2,120
Property Description
One Story
Zoning
Residential
Heating
Forced Air
Air Conditioning
Central Air
Stories
1
Levels
One
Roof
Shingle
Foundation
Block
Parking Features
Attached, Basement, Garage
Garage Spaces
1
View
Panoramic, Scenic

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Calculator source: Real Geeks

Listing courtesy of RE/MAX FIRST.