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.
For sale
$330,000
1702 Graybrook Lane, New Albany, IN 47150
--beds
--baths
--sqft
Single Family Residence
Built in 1930
1.98 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Adjacent to golf course
- 19 days |
- 658 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Sharon Handy,
Real Estate Go To
Source: SIRA,MLS#: 202609679
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationLoading...
Facts & features
Interior
Other
- Description: Pool house,Flooring: Other
- Level: Other
Heating
- None
Cooling
- None
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 0
- Finished area above ground: 0
- Finished area below ground: 0
Property
Lot
- Size: 1.98 Acres
Details
- Additional structures: Other
- Parcel number: 220504200095001008
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Block
- Roof: Other
Condition
- Resale
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Septic Tank
- Water: Connected, Public
Community & HOA
Community
- Features: Golf, Playground
HOA
- Has HOA: Yes
- Amenities included: Golf Course, Playground
Location
- Region: New Albany
Financial & listing details
- Annual tax amount: $4,657
- Date on market: 6/26/2026
- Cumulative days on market: 23 days
- Listing terms: Other
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,463/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Listed for sale | $330,000 |
Source:  SIRA #202609679 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 47150
Nearby schools
GreatSchools rating
- 4/10Hazelwood Middle SchoolGrades: 5-8Distance: 0.8 mi
- 7/10New Albany Senior High SchoolGrades: 9-12Distance: 0.6 mi
- 5/10Fairmont Elementary SchoolGrades: PK-4Distance: 0.9 mi
- $267,2003 bd2 ba2k sqft1703 Graybrook Ln, New Albany, IN 47150Off Market
- $194,9003 bd2 ba1.6k sqft1705 Graybrook Ln, New Albany, IN 47150Sold
- $420,0003 bd2 ba3.4k sqft1801 Graybrook Ln, New Albany, IN 47150Off Market
- $100-- bd-- ba-- sqft517 Hollary Dr, New Albany, IN 47150Off Market
- $--1 bd1 ba-- sqft1810 Graybrook Ln #1, New Albany, IN 47150Off Market
- $412,9003 bd2 ba2.4k sqft1811 Graybrook Ln, New Albany, IN 47150Off Market
- $293,1003 bd2 ba1.4k sqft511 Hoffman Dr, New Albany, IN 47150Off Market
- $262,3003 bd2 ba1.8k sqft510 Hoffman Dr, New Albany, IN 47150Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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