An Affordable opportunity to build your dream home on this 40ft X 169ft city lot in a tranquil, low traffic setting with woods on the back side of the lot. Enjoy the perfect blend of peaceful surroundings with convenient access to the interstate, nearby hospitals, schools, shopping, restaurants, Ohio River walking/Biking Greenaway, New Albany dog park and just everyday amenities. Public water, public sewer, and electric are available onsite making this property ready for your future construction plans. Whether your'er looking to build your first home or invest, this lot offers convenience, value and the great location for comfortable living at a very Affordable Price!
Vacant landProperty Type
6,534 sq ftLot Size
$5Price/Sq.Ft.
Listed by Claudia Fritzinger• Starlight Real Estate
New Albany, located between the Ohio River waterfront and I-265, is a historic and walkable New Albany neighborhood with brick-lined blocks and a river-town arts streak. The neighborhood’s character concentrates around the Pearl Street & Bank Street corridor, where galleries, coffee counters, and chef-driven dining sit in restored storefronts. Community pillars include the Carnegie Center for Art & History, New Albany Floyd County Public Library, and the New Albany Farmers Market. Victorian-era homes and converted commercial buildings shape the streetscape, with pocket parks and river views setting the pace. Sidewalks connect to the Ohio River Greenway for cycling and sunset walks. Festivals and live music keep downtown blocks active without feeling loud.
Provided by Walk Score and Local Logic
Property details
Exterior
Finance
Exterior features
Paved road access
Level lot with dimensions approximately 40 x 169
Home design
Residential zoning
Construction
Lot size approximately 0.15 acres
Utilities
Public water available (not connected)
Sewer available
Financial info
Annual property tax approximately $316
Electricity and solar
View estimated energy costs and solar savings for this home
NEW PRICE. .. MOTIVATED SELLER. .. Great investment property. Fireplace with insert. Located on dead end street. No thru traffic.
Year
Property tax
Land + Additions
Assessment*
2025
$230 (−0.7%)
$10,900
2024
$231 (−26.7%)
$10,900
2023
$316
$10,900
2022
$316 (−0.5%)
$10,900
2021
$318 (+2.5%)
$10,900
2020
$310 (+3.3%)
$10,900
2019
$300 (+0.2%)
$10,900
2018
$299 (−51.3%)
$10,900
2017
$614 (+118.5%)
$10,900
2016
$281 (−7.6%)
$10,900
2015
$304 (−43.5%)
$10,900
2013
$538
$10,900 + $16,000
$26,900
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
40 ft.
Lot depth
169 ft.
Lot size
6,534 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Floyd County
APN
220500300168000008
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
Climate risks
4/10 Flood Factor
Estimated 13-19% 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 106° expected this year, 20 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
89
67
84
62
73
49
59
41
48
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
78/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 704 Boiling Springs Rd
$25,769
$4,131 under list price of $30K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $72K to $335K.