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About This Home
This 2-bedroom, 1-bathroom single family at 2639 & 2705 Paoli Pike in New Albany, IN is listed for $500,000 ($419 per sqft). Built in 1938, the home offers 1,193 sqft of living space on a 9.19 acres lot.
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.
Key Features
- Built in 1938
- 9.19 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$2,674/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2639 & 2705 Paoli Pike
New Albany, IN 47150
Features & Amenities
Exterior Features
Property Details
Pool Features
Heating
Cooling
Questions & Answers
This 2-bedroom, 1-bathroom single family at 2639 & 2705 Paoli Pike is listed at $500,000 ($419/sqft). The estimated monthly payment is $2,167 based on 20% down at 6.5% interest.
Key features include: Built in 1938, 9.19 acre lot, Fireplace. Exterior Features: Covered Porch.
This property is listed by Chris West and can be reached at (812) 283-4778 or chriswesthomes@gmail.com.




















