# 3828 Payne Koehler Road, New Albany, IN 47150 > **TL;DR:** 4bd/3ba single family, $820,000 ($226/sqft), built 1900, 3,634 sqft. > Fireplace. Est. $4,385/mo. Listed 389 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $820,000 | | Price/sqft | $226 | | Bedrooms | 4 | | Bathrooms | 2 full, 1 half | | Square Feet | 3,634 | | Year Built | 1900 | | Lot Size | 214,751 sqft (4.93 acres) | | Stories | 2 | | Property Type | Single Family (Other) | | Status | Active | | Days on Market | 389 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $4,146 | | Estimated Insurance | $239 | | **Total** | **$4,385** | ## Key Amenities - Fireplace ## Property Highlights - Built in 1900 - 4.93 acre lot - 2 stories - Fireplace ## Description ### Agent 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. ## Location - **Address:** 3828 Payne Koehler Road, New Albany, IN 47150 - **County:** Floyd - **Coordinates:** 38.337844, -85.795015 - **Google Maps:** https://www.google.com/maps?q=38.337844,-85.795015 ## Listing Agent - **Name:** Nanci J Hoolihan - **Brokerage:** Coldwell Banker McMahan - **Broker Phone:** (812) 949-0202 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/3828-Payne-Koehler-Rd_New-Albany_IN_47150_M49600-15122?f=listhub&s=SIREAIN&m=2025011765&c=propsimple) ## Photos ![3828 Payne Koehler Road - Photo 1](http://lh.rdcpix.com/4a339c9648928a47179de87a5f1d595el-f135704169r.jpg) ![3828 Payne Koehler Road - Photo 2](http://lh.rdcpix.com/4a339c9648928a47179de87a5f1d595el-f1985441653r.jpg) ![3828 Payne Koehler Road - Photo 3](http://lh.rdcpix.com/4a339c9648928a47179de87a5f1d595el-f1783419120r.jpg) ![3828 Payne Koehler Road - Photo 4](http://lh.rdcpix.com/4a339c9648928a47179de87a5f1d595el-f3462552096r.jpg) ![3828 Payne Koehler Road - Photo 5](http://lh.rdcpix.com/4a339c9648928a47179de87a5f1d595el-f1611730770r.jpg) ![3828 Payne Koehler Road - Photo 6](http://lh.rdcpix.com/4a339c9648928a47179de87a5f1d595el-f631648214r.jpg) ![3828 Payne Koehler Road - Photo 7](http://lh.rdcpix.com/4a339c9648928a47179de87a5f1d595el-f3033971796r.jpg) ![3828 Payne Koehler Road - Photo 8](http://lh.rdcpix.com/4a339c9648928a47179de87a5f1d595el-f2650858726r.jpg) ![3828 Payne Koehler Road - Photo 9](http://lh.rdcpix.com/4a339c9648928a47179de87a5f1d595el-f3113919038r.jpg) ![3828 Payne Koehler Road - Photo 10](http://lh.rdcpix.com/4a339c9648928a47179de87a5f1d595el-f3411919558r.jpg) ![3828 Payne Koehler Road - Photo 11](http://lh.rdcpix.com/4a339c9648928a47179de87a5f1d595el-f4241077572r.jpg) ![3828 Payne Koehler Road - Photo 12](http://lh.rdcpix.com/4a339c9648928a47179de87a5f1d595el-f68131106r.jpg) ![3828 Payne Koehler Road - Photo 13](http://lh.rdcpix.com/4a339c9648928a47179de87a5f1d595el-f2666680999r.jpg) --- **MLS#:** 2025011765 | **Updated:** 2026-11-02 **Source:** listhub *Copyright © 2026 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/3828-payne-koehler-road-new-albany-in-47150-5b139b06601e433e8648b375e2fd5721) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/3828-payne-koehler-road-new-albany-in-47150-5b139b06601e433e8648b375e2fd5721#listing", "url": "https://staging.propertysimple.ai/listing/3828-payne-koehler-road-new-albany-in-47150-5b139b06601e433e8648b375e2fd5721", "name": "3828 Payne Koehler Road, New Albany, IN 47150", "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. 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