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Residential Land with Home for Sale in New Albany, Indiana
3828 Payne Koehler Rd, New Albany, IN 47150
$820,000
5 acres
Active
Est $4,214/moAttention 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.
3,634
Sq feet
4
Beds
2
Full baths
1
1/2 bath
1900
Built
Location
- Street address
- 3828 Payne Koehler Rd
- County
- Floyd County
- School district
- New Albany-Floyd Cty
- Elevation
- 492 feet
Directions
Charlestown Rd to Blackiston Boulevard. Left on Payne Koehler (behind Wendy's.) Property is the first home on the right.
Property details
- Acreage
- 4.93 acres
- Zoning
- Residential
- MLS #
- SIREA 2025011765
- Posted
Property taxes
- Recent
- $2,358
Parcels
- 0052610093
Legal description
63 ILL. GNT. 4.93 AC.
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Franchise
- Coldwell Banker Real Estate
Exterior
- Outdoor Spaces
- Porch
- Structures
- Barn(s)
- Features
- Barn(s), Covered Porch
Structure
- Heating
- Fireplace(s), Forced Air
Interior
- Room Count
- 13
- Rooms
- Basement, Bathroom x 3, Bedroom x 4, Family Room, Kitchen
- Appliances
- Dishwasher, Garbage Disposer, Washer
- Features
- 1 st Floor Main, Built-In Bookcase, Eat-In Kitchen, Family Room, Formal Dining RM, Foyer, Sump Pump
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 10, 2025 | New listing | $820,000 | — | SIREA |
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