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Land with Home for Sale in New Albany, Indiana

4126 Payne Koehler Rd, New Albany, IN 47150

$279,900
2.15 acres
Active
$5k drop
Est $1,551/mo

PRICE IMPROVED! OPEN HOUSE SUNDAY, FEBRUARY 22 | 1?3 PM. Seller is motivated and ready to make a move! Welcome to this charming 3-bedroom, 1-bath home situated on just over 2 acres and complete with a barn ? perfect for storage, hobbies, animals, or future projects. Major updates offer peace of mind, including a new roof (August 2025), HVAC installed approximately 2 years ago, and an updated 200-amp electrical panel. Inside, you'll find fresh paint, a new toilet, and a functional, inviting layout. Enjoy the ideal blend of country living with convenient access to town, plus plenty of space to spread out both indoors and outdoors. Properties with acreage and a barn at this price point are hard to find ? schedule your showing today!

1,638
Sq feet
3
Beds
1
Full bath
1960
Built

Location

Street address
4126 Payne Koehler Rd
Elevation
443 feet
Coordinates
38.346, -85.7871

Directions

Take I-265 E/IN-62 E to Charlestown Rd. Take exit 37 from I-265 E/IN-62 E Drive to Payne Koehler Rd

Property details

Acreage
2.154 acres
Zoning
Residential
MLS #
SIREA 202605137
Posted

Parcels

  • 220506400039

Legal description

Details and features

Listing

Type
Residential

Lot

Features
Adjacent Nat Forest

Exterior

Fencing
Fenced
Pool
Deck
Features
Fenced Yard

Structure

Stories
1
Water
Public
Heating
Forced Air
Cooling
Central Air

Interior

Room Count
7
Rooms
Basement, Bathroom, Bedroom x 3
Appliances
Disposal, Range / Oven, Refrigerator
Features
Ceiling Fan(s), Eat-In Kitchen

Listing history

DateEventPriceChangeSource
Feb 20, 2026Price drop$279,900$5,000 -1.8%SIREA
Feb 12, 2026Price drop$284,900$10,000 -3.4%SIREA
Jan 20, 2026Price drop$294,900$5,000 -1.7%SIREA
Jan 7, 2026New listing$299,900SIREA
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This 2.154-acre property is located at 4126 Payne Koehler Rd in New Albany, IN 47150. The property is available for sale for $279,900. It has a 1,638 sq ft 3 bedroom, 1 bath house built in 1960.

Checked 2 hours ago — Updated

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