Premier downtown redevelopment parcel—nearly 2 acres in heart of New Albany adjacent to golf course. MUR – zoned multi-use residential. Historic 1930 restaurant building and ancillary structures recently severely damaged by fire—serves to significantly reduce demolition costs for Site positioned for residential redevelopment. Strong location with established infrastructure. Single-family or alternative uses per zoning. Offered at substantial discount for immediate acquisition. Perfect for investor-developer seeking value-add downtown project. Property recently burned; structure compromised with significant fire damage. Demolition not yet started.
Sold for $275,000
Zillow last checked:
Listing updated:
Bought with:
Jason McKnight, RB16000755
Coldwell Banker McMahan
Paul R Kiger II, RB14035922
Coldwell Banker McMahan
Source: SIRA,MLS#: 202609679
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationPrice history
| Date | Event | Price |
|---|---|---|
| 10/3/2026 | Sold | $275,000-16.7% |
Source:  SIRA #202609679 Report a problem | ||
| 6/29/2026 | Listed for sale | $330,000 |
Source: SIRA #202609679 Report a problem | ||
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$274,800
2% more
+$5,496
With Zillow Showcase(estimated)
$280,296
