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For sale
    • $820,000

    3828 Payne Koehler Road, New Albany, IN 47150

    4beds
    3,634sqft
    : 
    $5,050/mo
    Get pre-qualified
    Single Family Residence
    Built in 1900
    4.93 Acres Lot
    $749,800 Zestimate®
    $226/sqft
    $-- HOA

    What's special

    Attention builders and investors! This property offers incredible potential in a highly desirable location. The existing structure holds little value, but the land itself is ready for your vision. Combine with the neighboring lot, that is also available for sale, for an even larger development opportunity. Excellent location, strong growth and endless possibilities. BEING SOLD "AS IS". One seller is an Indiana licensed real estate broker.
    303 days
    |
    313
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Nanci J Habermel,

    Coldwell Banker McMahan

    Source: SIRA,MLS#: 2025011765MLS LogoOriginating MLS: Southern Indiana REALTORS Association

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Family Room
      Primary bedroom
      • Level: Second
      • Dimensions: 14 x 14
      Bedroom
      • Level: Second
      • Dimensions: 13 x 13
      Bedroom
      • Level: Second
      • Dimensions: 12 x 12
      Bedroom
      • Level: Second
      • Dimensions: 16 x 15
      Dining room
      • Level: First
      • Dimensions: 16 x 14
      Family room
      • Level: First
      • Dimensions: 16 x 14
      Other
      • Level: First
      • Dimensions: 6 x 4
      Other
      • Level: Second
      • Dimensions: 8 x 7
      Half bath
      • Level: First
      • Dimensions: 9 x 8
      Kitchen
      • Level: First
      • Dimensions: 16 x 12
      Living room
      • Level: First
      • Dimensions: 16 x 16
      Other
      • Level: First
      • Dimensions: 20 x 12
      Other
      • Level: Second
      • Dimensions: 6 x 5
      Heating
      • Forced Air
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Disposal
      • Laundry: In Basement, Other
      Features
      • Bookcases, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Main Level Primary
      • Basement: Partial,Walk-Out Access,Sump Pump
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 3,634
      • Total interior livable area: 3,634 sqft
      • Finished area above ground: 3,634
      • Finished area below ground: 0

      Property

      Parking
      • Details: Off Street
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Porch
      • Exterior features: Porch
      • Has view: Yes
      • View description: Scenic
      Lot
      • Size: 4.93 Acres
      • Features: Secluded, Wooded
      Details
      • Additional structures: Barn(s)
      • Parcel number: 0052610093
      • Zoning: Residential
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Two Story
      • Property subtype: Single Family Residence
      Materials
      • Brick, Frame
      • Foundation: Poured, Cellar
      Condition
      • Resale
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Connected, Public

      Community & HOA

      Location
      • Region: New Albany

      Financial & listing details

      • Price per square foot: $226/sqft
      • Tax assessed value: $142,500
      • Annual tax amount: $2,358
      • Date on market: 10/10/2025
      • Cumulative days on market: 303 days
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        $749,800

        $712,000 - $787,000

        $3,023/mo

        Price history

        DateEventPrice
        10/10/2025Listed for sale$820,000+2.5%$226/sqft
        Source: SIRA #2025011765 Report a problem
        9/30/2024Listing removed$799,900$220/sqft
        Source: SIRA #202408917 Report a problem
        6/26/2024Listed for sale$799,900+0.1%$220/sqft
        Source: SIRA #202408917 Report a problem
        6/8/2024Listing removed--
        Source: SIRA #202308191 Report a problem
        6/7/2023Listed for sale$799,000$220/sqft
        Source: SIRA #202308191 Report a problem
        6/7/2023Listing removed$799,000$220/sqft
        Source: SIRA #2021012927 Report a problem
        1/5/2023Listing removed--
        Source: SIRA #2021012927 Report a problem
        7/27/2021Price change$799,000-8.9%$220/sqft
        Source: SIRA #202109225 Report a problem
        7/15/2021Listed for sale$877,000+253.6%$241/sqft
        Source: SIRA #202109225 Report a problem
        5/31/2018Sold$248,000-0.8%$68/sqft
        Source: SIRA #201805557 Report a problem
        2/8/2018Listing removed$250,000$69/sqft
        Source: RE/MAX FIRST (JEFFERSONVILLE NEW ALBANY) #201805557 Report a problem
        1/31/2018Listed for sale$250,000-16.4%$69/sqft
        Source: RE/MAX FIRST (JEFFERSONVILLE NEW ALBANY) #201805557 Report a problem
        2/28/2017Listing removed$299,000$82/sqft
        Source: RE/MAX FIRST (JEFFERSONVILLE NEW ALBANY) #201605690 Report a problem
        9/20/2016Price change$299,000-3.2%$82/sqft
        Source: RE/MAX FIRST (JEFFERSONVILLE NEW ALBANY) #201605690 Report a problem
        9/14/2016Price change$309,000-6.4%$85/sqft
        Source: RE/MAX FIRST (JEFFERSONVILLE NEW ALBANY) #201605690 Report a problem
        8/31/2016Listed for sale$330,000-25%$91/sqft
        Source: RE/MAX FIRST (JEFFERSONVILLE NEW ALBANY) #201605690 Report a problem
        11/13/2014Listing removed$440,000$121/sqft
        Source: RE/MAX FIRST - IN #201403446 Report a problem
        7/29/2014Listed for sale$440,000+11.4%$121/sqft
        Source: RE/MAX FIRST - IN #201403446 Report a problem
        11/24/2012Listing removed$395,000$109/sqft
        Source: Baker Commercial Real Estate #201107803 Report a problem
        11/23/2011Price change$395,000-26.9%$109/sqft
        Source: Baker Commercial Real Estate #201107803 Report a problem
        11/28/2010Listed for sale$540,000$149/sqft
        Source: Baker Commercial Real Estate #201008119 Report a problem
        10/10/2010Listing removed$540,000$149/sqft
        Source: Baker Commercial Real Estate #200906892 Report a problem
        2/11/2010Listed for sale$540,000$149/sqft
        Source: Baker Commercial Real Estate #200906892 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,319 +1.3%$142,500 -1.3%
        2024$2,288 +6.4%$144,400 +1.1%
        2023$2,151 -0.3%$142,800 +3.3%
        2022$2,158 +2.4%$138,200 +2.5%
        2021$2,107 +25.7%$134,800
        2020$1,676 -22.5%$134,800 +21.7%
        2019$2,163 -7.5%$110,800 -54.8%
        2018$2,339 $245,100 -0.8%
        2017$2,339 -31.9%$247,100 +0.6%
        2016$3,436 -1.1%$245,600 -21.3%
        2014$3,475 +1%$312,200 -3.2%
        2013$3,441 -1.8%$322,600 0%
        2012$3,503 +18.2%$322,700 +10.7%
        2010$2,964 +12.3%$291,600
        2009$2,641 $291,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 47150

        Getting around

        33 / 100
        Car-Dependent
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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