Prime Opportunity in the Heart of New Albany
Unlock the potential of this rare .15-acre vacant lot, ideally situated just off Pearl Street in
the vibrant core of Downtown New Albany. Whether you’re an investor, builder, or visionary buyer,
this property offers the perfect canvas for your next project—residential or commercial.
With close proximity to restaurants, shops, parks, and the Ohio River waterfront, this flat and
build-ready lot combines urban accessibility with small-town charm. Zoned for versatility and
surrounded by both established homes and revitalized developments, it’s the kind of opportunity
that doesn’t sit on the market long.
Sold for $45,000 on 05/09/25
$45,000
517 Pearl Street, New Albany, IN 47150
--beds
--baths
6,534Square Feet
Unimproved Land
Built in ----
6,534 Square Feet Lot
$-- Zestimate®
$--/sqft
$1,673 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 15, 2025 at 10:47am
Listed by:
Matthew Henegar,
RE/MAX FIRST
Bought with:
Matthew Henegar, RB17002087
RE/MAX FIRST
Source: SIRA,MLS#: 202507563
Originating MLS: Southern Indiana REALTORS Association

Facts & features
Property
Lot
- Size: 6,534 sqft
- Dimensions: 50 x 120
Details
- Parcel number: 220500200076000008
- Zoning: Agriculture
- Zoning description: Agriculture
Utilities & green energy
- Water: Not Connected, Public
- Utilities for property: Sewer Available, Water Available
Community & neighborhood
Location
- Region: New Albany
Other
Other facts
- Listing terms: Conventional