NOT LISTED FOR SALE

4040 Payne Koehler Rd New Albany, IN 47150

Estimated Value: $123,000 - $245,000

3 Beds
2 Baths
1,616 Sq Ft
$123/Sq Ft Est. Value

Last Sold April 17, 2024

Last sale price $197,000 $122 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,226/month

61 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Partially Fenced Property
  • Grant Line School Rated A

About This Home

As of April 2024

Check out this fully renovated home in New Albany! New roof, windows and doors are just the beginning. Upgrades on the inside include brand new stainless steel appliances in the kitchen and granite counter tops. Brand new flooring and freshly painted throughout. New HVAC, thermostat, and water heater. This home is completely turn key! Unfinished walk out basement has been waterproofed with warranty. Primary bedroom on the 1st floor. Living room flows into the kitchen. Whether you are a first time home buyer or looking to downsize, don't let this one pass you by!

Last Agent to Sell the Property

Rachel Dreyer

Keller Williams Louisville East License #199312 Listed on: 01/04/2024

Keller Williams Louisville East

Last Buyer's Agent

NON MEMBER

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,529

Year Built

  • Built in 1950

Lot Details

  • Partially Fenced Property
  • Privacy Fence

Parking

  • 2 Carport Spaces

Home Design

  • Shingle Roof

Interior Spaces

  • 1,616 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 220506400066000007
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,529

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Stories: 2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: No
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 1616.0
  • Dining Room Level: First
  • Full Bathroom Level: First
  • Rooms:Living Room5: Yes
  • Primary Bedroom Level: First
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Fencing Privacy: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: Walkout Unfinished
  • Bedroom Level: Second
  • Kitchen Level: First
  • Living Room Level: First
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 8

Exterior Features

  • Fencing: Privacy, Partial
  • Roof: Shingle
  • Acres: 0.4
  • Construction Type: Wood Frame
  • Foundation Details: Concrete Blk
  • Construction:Frame - Wood2: Yes

Utilities

  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 220506400066000007
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1950

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Apr 17, 2024
Sold by
Summit Investments Llc
Bought by
Pickett Rose A
Seller's Agent
Rachel Dreyer
Keller Williams Louisville East
Buyer's Agent
NON MEMBER
NON-MEMBER OFFICE
List Price
$230,000
Sold Price
$197,000
Premium/Discount to List
-$33,000
-14.35%
Views
326
Current Estimated Value
$198,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,103
Avg. Annual Appreciation
0.47%
Original Mortgage
$157,600
Outstanding Balance
$155,962
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$42,141

Purchase Details

Closed on
Nov 21, 2022
Sold by
Gentry Kevin Wayne
Bought by
Summit Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
May 8, 2006
Sold by
Gentry Kevin Wayne
Bought by
Gentry Marie E
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pickett Rose A $197,000 None Listed On Document
Summit Investments Llc -- --
Gentry Marie E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pickett Rose A $157,600
Previous Owner Summit Investments Llc $113,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $197,000 -6.1% $122 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/12/2024 02/12/24 Price Changed $209,900 -2.3% $130 / Sq Ft
02/02/2024 02/02/24 Price Changed $214,900 -2.3% $133 / Sq Ft
01/24/2024 01/24/24 Price Changed $220,000 -4.3% $136 / Sq Ft
01/04/2024 01/04/24 For Sale $230,000 -- $142 / Sq Ft
Source: Metro Search (Greater Louisville Association of REALTORS®)

Tax History Compared to Growth

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 $1,529 $90,800 $31,400 $59,400
2023 $1,529 $85,900 $31,400 $54,500
2022 $64 $76,800 $31,400 $45,400
2021 $63 $70,100 $31,400 $38,700
2020 $124 $75,600 $31,400 $44,200
2019 $135 $74,500 $31,400 $43,100
2018 $89 $72,200 $31,400 $40,800
2017 $132 $72,000 $31,400 $40,600
2016 $249 $87,800 $31,400 $56,400
2014 $179 $78,100 $31,400 $46,700
2013 -- $80,600 $31,400 $49,200
Source: Public Records

Agents Affiliated with this Home

  • Rachel Dreyer

    Seller's Agent in 2024

    Rachel Dreyer

    Keller Williams Louisville East

    (502) 386-3669

    30 in this area

    193 Total Sales

    Rachel Dreyer
    Section Image

  • N

    Buyer's Agent in 2024

    NON MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: Metro Search (Greater Louisville Association of REALTORS®)

MLS Number: 1652137

Metro Search (Greater Louisville Association of REALTORS®)

APN: 22-05-06-400-066.000-007

Indiana Floyd County New Albany 47150

4040 Payne Koehler Rd, New Albany, IN

This home is located at 4040 Payne Koehler Rd, New Albany, IN 47150 since 04 January 2024 and is currently estimated at $198,103, approximately $122 per square foot. This property was built in 1950. 4040 Payne Koehler Rd is a home located in Floyd County with nearby schools including Grant Line School, Nathaniel Scribner Middle School, and New Albany Senior High School.

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.

Metro Search (Greater Louisville Association of REALTORS®) The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Copyright 2025 Metro Search, Inc.

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