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Listing provided courtesy of RE/MAX FIRSTMLS# 202508589MLS ProviderContact Information: 812-283-4778
  • 385 days on site
  • 7 views

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.

Source: Southern Indiana MLS, MLS#: 202508589

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  • Property Type
    Residential
  • Lot
    9.19 acres

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Tim Mason Team

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2639 & 2705 Paoli Pike

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/12/2026Source: Southern Indiana MLS Price Reduction
$500,000 -9.1%
3/12/2026Source: Southern Indiana MLS Price Reduction
$500,000 -9.1%
6/9/2025Source: Southern Indiana MLS Added to Database
June 09, 2025
6/9/2025Source: Southern Indiana MLS Added to Database
June 09, 2025