$1,350,000

1706 Gray Brook Ln New Albany, IN 47150

Estimated payment $7,518/month

Total Views 13,324
66 Acres
$20,510 Price per Acre
2,867,206 Sq Ft Lot

Highlights

  • On Golf Course
  • City Lights View
  • River Nearby
  • Barn
  • 65.82 Acre Lot
  • 3-minute walk to Binford Park

About This Lot

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.

Listing Agent

Sharon Handy

License #RB22002477 Listed on: 03/28/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,508

Lot Details

  • 65.82 Acre Lot
  • On Golf Course
  • Subdivision Possible

Parking

  • Detached Garage

Property Views

  • City Lights
  • Golf Course
  • Scenic Vista
  • Hills
  • Park or Greenbelt

Home Design

  • Block Foundation
  • Slab Foundation

Outdoor Features

  • River Nearby
  • Creek On Lot
  • Shed

Additional Features

  • Crawl Space
  • Property is near a clubhouse
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 0086120001

Property Details

Property Type

Land

Est. Annual Taxes

$1,508

Lot Details

0

Listing Details

  • Improvements: 17700
  • Annual Tax: 1508
  • Electricity On Property: Yes
  • Foundation: Concrete Block, Crawl Space, Slab
  • Irregular Dimensions Yn: Yes
  • Land Assessment: 34100
  • Legal Description: 42 ILL. GNT. 65.822 AC / PRT 35-2-6 .25 AC #008-34500-10
  • Lot Dimensions: Irregular
  • Natural Gas Yn: Yes
  • Out Buildings: Garage, Barn(s), Shed, Other
  • Parcel Number: 0086120001
  • Property Type: Vacant Land
  • Total: 51800
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Sq Ft: 2867206.32
  • Sewer Type: Sewer

Exterior Features

  • Road Frontage: 1600+

Utilities

  • Water: Creek
  • Water Type: Public Onsite

Lot Info

  • Acres: 65.8220
  • Lot Description: Additional Land Av, Adj River/Stream/Crk, City Lights View, Clubhouse View, Creek, Divisible Lot, Golf Course Frontage, Golf Course View, Hill/Knobs View, Park-Like View, Scenic View
  • Zoning: Residential

Map

Range of Values:

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Average Value
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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 Change Sq Ft Price
03/28/2025 03/28/25 For Sale $1,350,000 -- --
Source: Southern Indiana REALTORS® Association

Source: Southern Indiana REALTORS® Association

MLS Number: 202506880

Southern Indiana REALTORS® Association

Indiana Floyd County New Albany 47150

1706 Gray Brook Ln, New Albany, IN

This home is located at 1706 Gray Brook Ln, New Albany, IN 47150 and is currently priced at $1,350,000. 1706 Gray Brook Ln is a home located in Floyd County with nearby schools including Fairmont Elementary School, Hazelwood Middle School, and New Albany Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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Listing Agent
Sharon Handy