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!
For sale
$975,000
4261.4259 Stone Mountain Road, New Albany, IN 47150
4beds
2,064sqft
Est.:
Single Family Residence
Built in 1989
60.69 Acres Lot
$935,000 Zestimate®
$472/sqft
$-- HOA
What's special
Panoramic viewsSkyline viewsScenic vistasBreathtaking park like landLush surroundings
- 181 days |
- 1,344 |
- 45 |
Zillow last checked: 8 hours ago
Listing updated: November 21, 2025 at 01:19pm
Listed by:
Kim Kraft,
Berkshire Hathaway HomeServices Parks & Weisberg R,
Ken Groh,
Berkshire Hathaway HomeServices Parks & Weisberg R
Source: SIRA,MLS#: 202509246
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: Main Level, Laundry Room
Features
- Bookcases, Ceiling Fan(s), Eat-in Kitchen, Natural Woodwork, Wood Burning Stove
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Wood BurningStove
Interior area
- Total structure area: 2,064
- Total interior livable area: 2,064 sqft
- Finished area above ground: 2,064
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Carport, Garage
- Attached garage spaces: 2
- Has carport: Yes
- Details: Other
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Porch
- Exterior features: Deck, Porch
Lot
- Size: 60.69 Acres
Details
- Additional parcels included: 220503200064000007
- Parcel number: 220503200070000007
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Metal Siding
- Foundation: Slab
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1989
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: New Albany
Financial & listing details
- Price per square foot: $472/sqft
- Annual tax amount: $4,020
- Date on market: 7/7/2025
- Cumulative days on market: 181 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$935,000
$888,000 - $982,000
$2,250/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Price change | $975,000-18.8%$472/sqft |
Source:  SIRA #202509246 Report a problem | ||
| 7/7/2025 | Listed for sale | $1,200,000$581/sqft |
Source: SIRA #202509246 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$5,525/mo
Principal & interest
$4656
Property taxes
$528
Home insurance
$341
Climate risks
Neighborhood: 47150
Nearby schools
GreatSchools rating
- 8/10Floyds Knobs Elementary SchoolGrades: PK-4Distance: 3.2 mi
- 7/10Highland Hills Middle SchoolGrades: 5-8Distance: 3.2 mi
- 10/10Floyd Central High SchoolGrades: 9-12Distance: 3.7 mi
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