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About This Home

This land at 2639 & 2705 Paoli Pike in New Albany, IN is listed for $500,000 (9.19 acres).

Agent 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.

Priced below recent appraised value, 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

  • 9.19 acre lot

Location

2639 & 2705 Paoli Pike

New Albany, IN 47150

Questions & Answers

This 0-bedroom, 0-bathroom land at 2639 & 2705 Paoli Pike is listed at $500,000. The estimated monthly payment is $2,167 based on 20% down at 6.5% interest.

Key features include: 9.19 acre lot.

This property is listed by Chris West and can be reached at (812) 283-4778 or chriswesthomes@gmail.com.

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CW

Chris West

Agent at RE/MAX FIRST

(812) 283-4778

Listed by RE/MAX FIRST

MLS# 202508590· Source: listhub· Updated 305 days ago

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.

2639 & 2705 Paoli Pike, New Albany, IN 47150

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