Listed for sale is this Bank owned REO opportunity located on 2.75 acres on Budd Rd in Floyd County Indiana. The four bedroom two story home with large front and back porch was built in 1929 and sits in rural area of New Albany but close to downtown and very accessible. Home in need of significant renovation but offers 1,700 sq ft to work with an additional full unfinished basement with 861 additional square feet of space. Seller will accept Cash As-Is purchase contracts by end of day Monday, June 25, 2018 so please
Single-familyProperty Type
1929Year Built
2.75 acresLot Size
$77Est. Price/Sq.Ft.
Listed by Brian Stocker• PML Real Estate Group LLC
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
4
Baths
1.5
Stories
2
Lot width
—
Lot depth
—
Lot size
2.5 Acres
Year renovated
1929
Sq. Ft.
1,656
Year built
1929
Style
Single Family Residential
County
Floyd County
APN
220500900228000008
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 13, 2026.
LDR
Low Density Residential
The Low Density Residential district is intended for low density residential Dwellings of a Single Family Dwelling type. Directly related types of uses, such as community services and accessory facilities, may also be allowed. This district provides a variety of Lot sizes and Dwelling types, as well as flexibility in development.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Other
Public service
Post office
Golf related
Park & open space
Nov 23, 2026 • Active
Building safety and construction
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Bathroom Information
# of Full Bathrooms: 1
# of Half Bathrooms: 1
Room Information
Has Basement
Basement Information: Unfinished
Laundry Information
Features: In Basement
Fireplace Information
Has Fireplace
# of Fireplaces: 1
Features: Wood Burning Stove
Exterior
Building Information
Stories: 2
Lot Information
Lot Size Area: 2.75
Lot Size Acres: 2.75
Lot Size Source: Appraiser
Zoning: Residential
Zoning Description: Residential
Property Information
Above Grade Finished Area: 1,722
Resale
Financial
Tax Information
Annual Tax Amount: $1,770
Tax Year: 2017
Lease Information
Lease Expiration: 2018-12-31
Utilities
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Forced Air
Public facts
Beds: 4
Baths: 1.5
Sq. Ft.: 1,656
Stories: 2.0
Lot Size: 2.5 acres
Style: Single Family Residential
Year Built: 1929
Year Renovated: 1929
County: Floyd County
APN: 220500900228000008
Home facts updated by county records on Aug 13, 2026
Around this home
Schools
Nathaniel Scribner Middle School
Public 5-8 • Assigned • 1.5mi
7/10
New Albany Senior High School
Public 9-12 • Assigned • 3.0mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
5/10 Flood Factor
Estimated 22-32% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 104° expected this year, 21 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
New Albany, IN • 47150
Average low and high temperatures (°F)
39
21
49
29
66
42
74
52
76
57
87
67
92
73
88
67
84
62
73
49
59
41
48
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
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Sun exposure
In this area, properties receive around 9.5 hours in
June and 3.7 hours in December, placing it below the
U.S. average for solar exposure.
9.5 hrs
3.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$126,000 – $153,000
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