OPEN HOUSE JANUARY 11TH 2026 FROM 2-4PM!
Welcome home to this charming 3-bedroom, 1-bath property situated on just over 2 acres and complete with a barn perfect for storage, or hobbies. Major updates offer peace of mind, including a new roof (August 2025), HVAC system installed 2 years ago, and an updated 200-amp electrical panel. Inside, you'll find fresh paint, a new toilet, and a functional, inviting layout. With space to spread out both inside and out, this property offers the ideal blend of country living and modern updates. Homes with acreage and a barn are hard to find schedule your showing today!
For sale
$299,900
4126 Payne Koehler Road, New Albany, IN 47150
3beds
1,638sqft
Est.:
Single Family Residence
Built in 1960
2.15 Acres Lot
$291,900 Zestimate®
$183/sqft
$-- HOA
What's special
Functional inviting layoutFresh paintNew toilet
- 1 day |
- 412 |
- 16 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: January 07, 2026 at 10:12am
Listed by:
Candice Ritchie,
Green Tree Real Estate Services,
Lisa Donohue,
Green Tree Real Estate Services
Source: SIRA,MLS#: 202605137
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Description: Flooring: Wood
- Level: First
Bedroom
- Description: Flooring: Wood
- Level: First
Bedroom
- Description: Flooring: Wood
- Level: First
Other
- Description: Flooring: Tile
- Level: First
Kitchen
- Description: Flooring: Tile
- Level: First
Living room
- Description: Flooring: Wood
- Level: First
Other
- Description: Bonus room,Flooring: Other
- Level: Lower
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Disposal, Oven, Range, Refrigerator
- Laundry: In Basement, Other
Features
- Ceiling Fan(s), Eat-in Kitchen
- Basement: Daylight,Exterior Entry,Full
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,638
- Total interior livable area: 1,638 sqft
- Finished area above ground: 1,092
- Finished area below ground: 546
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Deck, Fence
- Fencing: Yard Fenced
Lot
- Size: 2.15 Acres
- Features: Adjacent To Public Land
Details
- Additional structures: Barn(s)
- Additional parcels included: 0052620038
- Parcel number: 220506400039
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Poured
Condition
- Resale
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & HOA
Location
- Region: New Albany
Financial & listing details
- Price per square foot: $183/sqft
- Tax assessed value: $180,400
- Annual tax amount: $1,295
- Date on market: 1/7/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$291,900
$277,000 - $306,000
$1,649/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/7/2026 | Listed for sale | $299,900+50%$183/sqft |
Source:  SIRA #202605137 Report a problem | ||
| 4/30/2021 | Sold | $200,000-11.1%$122/sqft |
Source: SIRA #202106119 Report a problem | ||
| 3/3/2021 | Listed for sale | $224,900$137/sqft |
Source: Lincoln Crum Realty #202106119 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,147 +2.6% | $180,400 +6.5% |
| 2023 | $1,118 +8.8% | $169,400 +7.4% |
| 2022 | $1,027 +103.4% | $157,800 +11% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,711/mo
Principal & interest
$1444
Property taxes
$162
Home insurance
$105
Climate risks
Neighborhood: 47150
Nearby schools
GreatSchools rating
- 7/10Grant Line SchoolGrades: PK-4Distance: 1.7 mi
- 5/10Nathaniel Scribner Middle SchoolGrades: 5-8Distance: 4.9 mi
- 7/10New Albany Senior High SchoolGrades: 9-12Distance: 3.5 mi
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