$1,335,000
SOLD NOV 24, 2025

1706 Gray Brook Ln New Albany, IN 47150

65.82 Acres
$20,282 Price per Acre
2,867,206 Sq Ft Lot

Recently Sold

1% Below List Price

2 Days on Market

Highlights

  • On Golf Course
  • 65.82 Acre Lot
  • Detached Garage
  • Barn
  • Creek On Lot
  • 3-minute walk to Binford Park

About This Lot

As of November 2025

This is your chance to own 65.8± breathtaking acres featuring rolling hills, open green space, and the convenience of downtown. Located in New Albany, Indiana, this prime real estate and includes pro shop, parking lot, outbuildings, and maintenance garages making it a fantastic opportunity for redevelopment or investment. Large open parcels like this, in a downtown area, rarely become available! The property is currently operated as the Historic New Albany Country Club Golf Course. Rolling hills, captivating views, and scenic park-like setting make this property ideal for multi-use and residential development* Highlights: • 65.8 acres of open green space in downtown New Albany. • Zoned MDR, OS, and FP. • Potential for partial redevelopment while continuing golf course operations—possibly as an executive course—offering *significant golf course tax benefits. • Leaseback option available to help reduce buyer's holding costs through lease payments, property maintenance, and special golf course tax credits. • No option contracts. • Virtual showings and live spatial-video tours available. Contact Sharon Handy for details. *Any redevelopment, future use determinations, or zoning/re-zoning approvals are the sole responsibility of the buyer. Outcomes cannot be predicted and are not guaranteed by the seller.

Last Agent to Sell the Property

Sharon Handy

Real Estate Go To License #RB22002477 Listed on: 11/22/2025

Last Buyer's Agent

Paul Kiger

Coldwell Banker McMahan License #RB14035922

Coldwell Banker McMahan

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,829

Lot Details

  • 65.82 Acre Lot
  • On Golf Course
  • Property is zoned Specialty District

Parking

  • Detached Garage

Outdoor Features

  • Creek On Lot
  • Shed

Additional Features

  • Golf Course Views
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 0086120001

Property Details

Property Type

Land

Est. Annual Taxes

$1,829

Lot Details

0

Listing Details

  • Annual Tax: 1829
  • Foundation: Unknown
  • Legal Description: 42 ILL. GNT. 65.822 AC / PRT 35-2-6 .25 AC #008-34500-10
  • Out Buildings: Garage, Barn(s), Shed, Other
  • Parcel Number: 0086120001
  • Property Type: Vacant Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Sq Ft: 2867206.32
  • Sewer Type: Sewer

Utilities

  • Water: Creek
  • Water Type: Public Onsite

Lot Info

  • Acres: 65.8220
  • Lot Description: Golf Course Frontage, Golf Course View
  • Zoning: Residential, Specialty District

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2025 11/24/25 Sold $1,335,000 -1.1% --
11/24/2025 11/24/25 Pending -- -- --
11/22/2025 11/22/25 For Sale $1,350,000 -- --
Source: Southern Indiana REALTORS® Association

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2025012899

Southern Indiana REALTORS® Association