$975,000
$225K PRICE DROP

4261 Stone Mountain Rd New Albany, IN 47150

Estimated payment $5,448/month

Total Views 37,555
4 Beds
3 Baths
2,064 Sq Ft
$472 Price per Sq Ft

Highlights

  • 60.69 Acre Lot
  • Wood Burning Stove
  • 2 Car Attached Garage
  • Deck
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

Absolutely Stunning 60.69 Acre Property with Two Homes and Skyline Views! An extraordinary opportunity awaits in Floyd County—60.01 surveyed acres of breathtaking, park like land offering privacy, seclusion, and unmatched views of the Louisville Skyline. This unique property includes two well maintained homes, both currently rented, making it ideal as an investment or a foundation for building your dream estate.
• 4259: Built in 1996, this charming 2 bedroom, 1 bath home rents for $1,800/month (month-to-month lease).
• 4261: Built in 1989, this 2 bedroom, 2 bath home brings in $2,000/month, with the current lease ending in September.
Both homes sit on elevated land offering panoramic views, lush surroundings, and a true sense of tranquility—perfect for continued rental income or multi-generational living while you design and build your custom home on one of the many potential building sites. This is a rare chance to own expansive acreage with income producing homes, scenic vistas, and future development potential—all just minutes from Louisville. Don't miss this one-of-a-kind opportunity—schedule your private tour today!

Listing Agent

Kimberly Kraft

Berkshire Hathaway HomeServices Parks & Weisberg R License #RB14049498 Listed on: 07/07/2025

Berkshire Hathaway HomeServices Parks & Weisberg R

Co-Listing Agent

Ken Groh

Berkshire Hathaway HomeServices Parks & Weisberg R License #RB14028386

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,020

Year Built

  • Built in 1989

Lot Details

  • 60.69 Acre Lot

Parking

  • 2 Car Attached Garage
  • Carport

Home Design

  • Slab Foundation
  • Wood Trim

Interior Spaces

  • 2,064 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220503200070000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,020

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Annual Tax: 4020
  • Appointment: 24 Hour Notice
  • Construction: Existing
  • Foundation: Slab
  • Legal Description: P 414 PRT L 3 32-2-6 1.15 AC; SW 1/4 32-2-6 1.815AC; The remaining acreage of 57.73 will be settled at closing.
  • Numof Fireplaces: 1
  • Parcel Number: 220503200070000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 2064
  • Type: 1 Story
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 2064.00
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Fireplace: Woodburning
  • Interior Amenities: Built-In Bookcase, Ceiling Fan(s), Eat-In Kitchen, Natural Wood Trim, Wood Stove
  • Lot Sq Ft: 2643656.40
  • Sewer Type: Sewer
  • Total Sq Ft: 2064

Exterior Features

  • Exterior Features: Covered Porch, Deck

Garage/Parking

  • Garage Type: Attached, Carport
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Lp Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 60.6900
  • Zoning: Residential

Map

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,867 $237,500 $42,700 $194,800
2023 $1,587 $215,800 $42,700 $173,100
2022 $1,572 $203,400 $42,700 $160,700
2021 $1,297 $175,500 $42,700 $132,800
2020 $1,294 $175,500 $42,700 $132,800
2019 $1,256 $175,900 $42,700 $133,200
2018 $1,132 $165,000 $42,700 $122,300
2017 $1,165 $158,300 $42,700 $115,600
2016 $1,065 $157,100 $42,700 $114,400
2014 $1,101 $147,300 $42,700 $104,600
2013 -- $141,500 $42,700 $98,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2025 08/15/25 Price Changed $975,000 -18.8% $472 / Sq Ft
07/07/2025 07/07/25 For Sale $1,200,000 -- $581 / Sq Ft
Source: Southern Indiana REALTORS® Association

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

About the Listing Agent

Kimberly Kraft

Berkshire Hathaway HomeServices Parks & Weisberg R

(812) 405-4824

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I'm an expert real estate agent with Berkshire Hathaway HomeServices Parks & Weisberg R in Jeffersonville, IN and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.

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Source: Southern Indiana REALTORS® Association

MLS Number: 202509246

Southern Indiana REALTORS® Association

APN: 22-05-03-200-064.000-007