3828 Payne Koehler Rd

$820,000
Price
4
Beds
3,634 Sq. Ft.
$226 / Sq. Ft.
3,634
Sq. Ft.
$226
per Sq. Ft.

Description

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.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.
  1. Listed by Nanci J Habermel • Coldwell Banker McMahan • 812-949-0202

Property Details for 3828 Payne Koehler Road

Architectural Style
TwoStory
Stories
2
Zoning
Residential
View
Yes
View
Scenic
LISTING UPDATED: 10/10/2025 04:10 PM

Property Details for 3828 Payne Koehler Road

StatusActive
MLS #2025011765
Days on Market56
Taxes$2,358 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Residential
Year Built1900
Lot Size4.93 AC / 214,750 SF
CountyFloyd County

Location

Listing Courtesy of Coldwell Banker McMahan
Add your commute

Building Information for 3828 Payne Koehler Road

Stories2Year Built1900Building Size-Lot Size4.93 AC / 214,750 SF

Payment Calculator

$4,248 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,052

Property Taxes

$197

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3828 Payne Koehler Road

Summary
Location and General Information
  • Directions: Charlestown Rd to Blackiston Boulevard. Left on Payne Koehler (behind Wendy's.) Property is the first home on the right.
  • State Or Province: IN
  • Township: New Albany
  • Postal Code: 47150
  • Postal Code Plus: 9811
  • City: New Albany
  • County Or Parish: Floyd
  • Zoning Description: Residential
Taxes and HOA Information
  • Tax Annual Amount: $2,358.00
  • Tax Legal Description: 63 ILL. GNT. 4.93 AC.
  • Parcel Number: 0052610093
School Information
  • Elementary School District: New Albany-Floyd Cty
  • Middle Or Junior School District: New Albany-Floyd Cty
  • High School District: New Albany-Floyd Cty
Parking
  • Garage: No
  • Other Parking: Off Street
Property
Lot Information
  • Above Grade Finished Area Source: Assessor
  • Below Grade Finished Area: 0.0
  • Above Grade Finished Area: 3634.0
  • Living Area: 3634.0
  • Lot Features: Secluded, Wooded
  • Lot Size Acres: 4.93
  • Lot Size Area: 4.93
  • Lot Size Source: Survey
  • Lot Size Square Feet: 214750.8
  • Lot Size Units: Acres
  • Lot Size Dimensions: see lot size
  • Building Area Source: Assessor
  • Building Area Total: 3634.0
Property and Assessments
  • Road Surface Type: Paved
  • Property Condition: Resale
  • Year Built: 1900
  • New Construction: No
  • Other Structures: Barns
Utilities
  • Water Source: Connected, Public
  • Sewer: PublicSewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Frame
  • Exterior Features: Porch
  • Patio And Porch Features: Covered, Porch
  • Foundation Details: Poured, Cellar
Interior Features
  • Basement: Yes
  • Appliances: Dishwasher, Disposal
  • Basement: Partial, WalkOutAccess, SumpPump
  • Cooling: No
  • Cooling: None
  • Fireplace: Yes
  • Fireplace Features: WoodBurning
  • Fireplaces Total: 1
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Heating: Yes
  • Bedrooms Total: 4
  • Heating: ForcedAir
  • Laundry Features: InBasement, Other
  • Levels: Two
  • Rooms Total: 13
  • Interior Features: Bookcases, SeparateFormalDiningRoom, EntranceFoyer, EatInKitchen, MainLevelPrimary
Room Information
Room 1
  • Room Type: Other
  • Room Dimensions: 6 x 5
  • Room Length: 5.0
  • Room Level: Second
  • Room Width: 6.0
Room 2
  • Room Type: HalfBath
  • Room Dimensions: 9 x 8
  • Room Length: 8.0
  • Room Level: First
  • Room Width: 9.0
Room 3
  • Room Type: FullBath
  • Room Dimensions: 8 x 7
  • Room Length: 7.0
  • Room Level: Second
  • Room Width: 8.0
Room 4
  • Room Type: FullBath
  • Room Dimensions: 6 x 4
  • Room Length: 4.0
  • Room Level: First
  • Room Width: 6.0
Room 5
  • Room Type: Other
  • Room Dimensions: 20 x 12
  • Room Length: 12.0
  • Room Level: First
  • Room Width: 20.0
Room 6
  • Room Type: LivingRoom
  • Room Dimensions: 16 x 16
  • Room Length: 16.0
  • Room Level: First
  • Room Width: 16.0
Room 7
  • Room Type: Kitchen
  • Room Dimensions: 16 x 12
  • Room Length: 12.0
  • Room Level: First
  • Room Width: 16.0
Room 8
  • Room Type: FamilyRoom
  • Room Dimensions: 16 x 14
  • Room Length: 14.0
  • Room Level: First
  • Room Width: 16.0
Room 9
  • Room Type: DiningRoom
  • Room Dimensions: 16 x 14
  • Room Length: 14.0
  • Room Level: First
  • Room Width: 16.0
Room 10
  • Room Type: Bedroom
  • Room Dimensions: 16 x 15
  • Room Length: 15.0
  • Room Level: Second
  • Room Width: 16.0
Room 11
  • Room Type: Bedroom
  • Room Dimensions: 12 x 12
  • Room Length: 12.0
  • Room Level: Second
  • Room Width: 12.0
Room 12
  • Room Type: Bedroom
  • Room Dimensions: 13 x 13
  • Room Length: 13.0
  • Room Level: Second
  • Room Width: 13.0
Room 13
  • Room Type: PrimaryBedroom
  • Room Dimensions: 14 x 14
  • Room Length: 14.0
  • Room Level: Second
  • Room Width: 14.0
Mobile Home
Mobile Home Information
  • Human Modified: Yes
Agent
Confidential
  • Internet Entire Listing Display: Yes
Rental
Rental Information
  • Lease Considered: No
  • Occupant Type: Vacant

Property History for 3828 Payne Koehler Road

DateEvent & SourcePriceAppreciation
Oct 10, 2025

Listed (Active)

Southern Indiana REALTORS® Association #2025011765

$820,000
Dec 25, 2024

Expired

Southern Indiana REALTORS® Association #202408917

$799,900
Jun 25, 2024

Listed (Active)

Southern Indiana REALTORS® Association #202408917

$799,900
Jun 7, 2024

Expired

Southern Indiana REALTORS® Association #202308191

$799,000
Jun 7, 2023

Listed (Active)

Southern Indiana REALTORS® Association #202308191

$799,000
Jun 6, 2023

Expired

Southern Indiana REALTORS® Association #2021012927

$799,000
Dec 29, 2021

Listed (Active)

Southern Indiana REALTORS® Association #2021012927

$799,000
Dec 29, 2021

Withdrawn

Southern Indiana REALTORS® Association #2021011358

$799,000
Oct 5, 2021

Withdrawn

Southern Indiana REALTORS® Association #202109225

$799,000
Oct 5, 2021

Listed (Active)

Southern Indiana REALTORS® Association #2021011358

$799,000
Jul 14, 2021

Listed (Active)

Southern Indiana REALTORS® Association #202109225

$877,000
May 31, 2018

Sold

Southern Indiana REALTORS® Association #201805557

$248,000
Feb 7, 2018

Pending

Southern Indiana REALTORS® Association #201805557

Jan 30, 2018

Listed (Active)

Southern Indiana REALTORS® Association #201805557

$250,000
Feb 26, 2017

Expired

Southern Indiana REALTORS® Association #201605690

$299,000
Aug 26, 2016

Listed (Active)

Southern Indiana REALTORS® Association #201605690

$330,000
Nov 21, 2012

Expired

Southern Indiana REALTORS® Association #201107803

$395,000
Nov 21, 2011

Listed (Active)

Southern Indiana REALTORS® Association #201107803

$395,000
Nov 1, 2011

Expired

Southern Indiana REALTORS® Association #201008119

$540,000
Nov 22, 2010

Listed (Active)

Southern Indiana REALTORS® Association #201008119

$540,000
Oct 7, 2010

Expired

Southern Indiana REALTORS® Association #200906892

$540,000
Oct 7, 2009

Listed (Active)

Southern Indiana REALTORS® Association #200906892

$540,000
DateEvent & SourcePrice
10/10/2025

Listed (Active)

Southern Indiana REALTORS® Association #2025011765

$820,000
12/25/2024

Expired

Southern Indiana REALTORS® Association #202408917

$799,900
06/25/2024

Listed (Active)

Southern Indiana REALTORS® Association #202408917

$799,900
06/07/2024

Expired

Southern Indiana REALTORS® Association #202308191

$799,000
06/07/2023

Listed (Active)

Southern Indiana REALTORS® Association #202308191

$799,000
06/06/2023

Expired

Southern Indiana REALTORS® Association #2021012927

$799,000
12/29/2021

Listed (Active)

Southern Indiana REALTORS® Association #2021012927

$799,000
12/29/2021

Withdrawn

Southern Indiana REALTORS® Association #2021011358

$799,000
10/05/2021

Withdrawn

Southern Indiana REALTORS® Association #202109225

$799,000
10/05/2021

Listed (Active)

Southern Indiana REALTORS® Association #2021011358

$799,000
07/14/2021

Listed (Active)

Southern Indiana REALTORS® Association #202109225

$877,000
05/31/2018

Sold

Southern Indiana REALTORS® Association #201805557

$248,000
02/07/2018

Pending

Southern Indiana REALTORS® Association #201805557

01/30/2018

Listed (Active)

Southern Indiana REALTORS® Association #201805557

$250,000
02/26/2017

Expired

Southern Indiana REALTORS® Association #201605690

$299,000
08/26/2016

Listed (Active)

Southern Indiana REALTORS® Association #201605690

$330,000
11/21/2012

Expired

Southern Indiana REALTORS® Association #201107803

$395,000
11/21/2011

Listed (Active)

Southern Indiana REALTORS® Association #201107803

$395,000
11/01/2011

Expired

Southern Indiana REALTORS® Association #201008119

$540,000
11/22/2010

Listed (Active)

Southern Indiana REALTORS® Association #201008119

$540,000
10/07/2010

Expired

Southern Indiana REALTORS® Association #200906892

$540,000
10/07/2009

Listed (Active)

Southern Indiana REALTORS® Association #200906892

$540,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3828 Payne Koehler Road

Taxable ValueLand$115,800Additions$28,600Total$144,400
Tax Record2024$2,358 ($196 / month)
Home Facts
Beds3Baths3.5Total Finished SqFt3,154 SqFtAbove Grade Finished SqFt3,154 SqFtStories2Lot Size214,751 SqFtStyleSingle Family ResidenceYear Built1900CountyFLOYDAPN22-05-06-300-014.000-007Fireplace TypeHas Fireplace

Schools near 3828 Payne Koehler Road

This home is within New Albany-Floyd County Con Sch.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Grant Line School
PublicPK to 4

Nathaniel Scribner Middle School
Public5 to 8

New Albany Senior High School
Public9 to 12

Prosser Career Education Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

3828 Payne Koehler Road is a single family home for sale in New Albany, IN 47150. This property was listed for sale on October 10, 2025 by Coldwell Banker McMahan, it's currently listed at $820,000. It has been on the market for a total of 56 days and was last sold on May 31, 2018. This listing's school district is New Albany-Floyd County Con Sch. Nearby schools include Grant Line School, Nathaniel Scribner Middle School and New Albany Senior High School. 3828 Payne Koehler Road is a 4-bed, 3-bath, 3,634 sqft single family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker McMahan

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.