4261 Stone Mountain Rd New Albany, IN 47150
Estimated payment $6,905/month
Total Views
8,472
4
Beds
3
Baths
2,064
Sq Ft
$581
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
Berkshire Hathaway HomeServices Parks & Weisberg R License #RB14028386 Listed on: 07/07/2025
Co-Listing Agent
Berkshire Hathaway HomeServices Parks & Weisberg R License #RB14049498
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
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,587 | $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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $382,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $490,000 | New Conventional | |
| Closed | $200,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in New Albany, IN
Source: Southern Indiana REALTORS® Association
MLS Number: 202509246
APN: 22-05-03-200-064.000-007
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.
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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