Woodbine is an early-20th century estate built for Anders Rasmussen, who owned a florist business in New Albany, Indiana. Rasmussen once served as a florist for the King of Denmark. The house stayed with the family until 1945, and has gone through several hands since then. The estate is currently owed and being restored by the owner/winemaker for Downtown New Albany's River City Winery located just two miles away. Plans for a vineyard on the estate are underway.
The two-story house is made of stucco, brick, limestone, asphalt, and terra cotta, and with the caretaker's hut covers 4,290 square feet (398.55 square meters). The home also has a basement.