$820,000

3828 Payne Koehler Rd New Albany, IN 47150

Estimated payment $4,510/month

Total Views 5,462
4 Beds
2.5 Baths
3,634 Sq Ft
$226 Price per Sq Ft

Highlights

  • Barn
  • Scenic Views
  • Secluded Lot
  • Grant Line School Rated A
  • 4.93 Acre Lot
  • Wooded Lot

About This Home

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.

Listing Agent

Nanci Habermel

Coldwell Banker McMahan License #RB14041053 Listed on: 10/10/2025

Coldwell Banker McMahan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,358

Year Built

  • Built in 1900

Lot Details

  • 4.93 Acre Lot
  • Secluded Lot
  • Wooded Lot

Parking

  • Off-Street Parking

Home Design

  • Poured Concrete

Interior Spaces

  • 3,634 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Scenic Vista Views

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Partial Basement
  • Sump Pump
  • Basement Cellar

Utilities

  • Forced Air Heating System
  • Gas Available

Additional Features

  • Covered Patio or Porch
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 0052610093

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,358

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Additional Parking: Off Street
  • Annual Tax: 2358
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Poured Concrete
  • Legal Description: 63 ILL. GNT. 4.93 AC.
  • Lot Dimensions: see lot size
  • Numof Fireplaces: 1
  • Out Buildings: Barn(s)
  • Parcel Number: 0052610093
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 3634
  • Type: 2 Story
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Water Heater: Unknown
  • Basement Type: Cellar, Partial, Walkout
  • Above Grade Finished Sq Ft: 3634.00
  • Appliances: Dishwasher, Disposal
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Fireplace: Woodburning
  • Interior Amenities: 1st Floor Main, Built-In Bookcase, Eat-In Kitchen, Family Room, Formal Dining Rm, Foyer, Sump Pump
  • Lot Sq Ft: 214750.80
  • Sewer Type: Sewer
  • Total Sq Ft: 3634

Exterior Features

  • Exterior Features: Covered Porch

Utilities

  • Fuel Type: Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 4.9300
  • Lot Description: Scenic View, Secluded Lot, Wooded Lot
  • Zoning: Residential

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,358 $144,400 $115,800 $28,600
2023 $2,327 $142,800 $115,800 $27,000
2022 $2,198 $138,200 $115,800 $22,400
2021 $2,158 $134,800 $115,800 $19,000
2020 $2,146 $134,800 $115,800 $19,000
2019 $1,715 $110,800 $92,100 $18,700
2018 $2,163 $245,100 $115,800 $129,300
2017 $2,339 $247,100 $115,800 $131,300
2016 $2,145 $245,600 $115,800 $129,800
2014 $3,441 $312,200 $115,800 $196,400
2013 -- $322,600 $115,800 $206,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2025 10/10/25 For Sale $820,000 +230.6% $226 / Sq Ft
05/31/2018 05/31/18 Sold $248,000 -0.8% $68 / Sq Ft View Prior Sale
02/07/2018 02/07/18 Pending -- -- --
01/30/2018 01/30/18 For Sale $250,000 -- $69 / Sq Ft
Source: Southern Indiana REALTORS® Association

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $187,500 New Conventional
Source: Public Records

Source: Southern Indiana REALTORS® Association

MLS Number: 2025011765

Southern Indiana REALTORS® Association

APN: 22-05-06-300-014.000-007