NEW 5 HRS AGO

For sale

$170,000

Est. $1,112/mo —

•

1,947

sq ft

3908 Payne Koehler Rd, New Albany, IN 47150

About this home

This Cutie gives you seclusion and room to spread out. It has 4 bedrooms, 1 full bath on just over a 1/2 acre lot. The Full front porch is perfect to watch the sun go down. There's a large living room, Primary bedroom on the 1st floor, another 1st floor bedroom and 2 bedrooms on the 2nd floor. The Kitchen is large enough for eat-in. The interior needs updates. The Roof is New, Furnace Appx 9 years old, Ac appx 2 years old, water heater appx 4 years old, sump pump in cellar area appx 1 year old.

Single-familyProperty Type

1923Year Built

0.56 acresLot Size

$87Price/Sq.Ft.

Listed by Michelle Schnell-Gammons • 1% Lists Purple Door IN KY

Contact: 502-345-2291

Listing updated: Oct 7, 2026 at 05:42pm

Redfin checked: 2 minutes ago

•Source:SIRA #2026012355

Payment calculator

$1,112 per month

Principal and interest$963

Property taxes

$72

HOA dues

Home insurance

$78

Utilities

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See this home in person

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Next available date: Thursday, October 8

Open houses

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Around this home

Schools

K - 12
Preschool & daycare

Slate Run Elementary School

Public PreK-4 • Assigned • 1.7mi

8/10

Hazelwood Middle School

Public 5-8 • Assigned • 2.8mi

5/10

New Albany Senior High School

Public 9-12 • Assigned • 2.9mi

4/10

Provided by GreatSchools

About New

Albany

New Albany, located between the Ohio River waterfront and I-265, is a historic and walkable New Albany neighborhood with brick-lined blocks and a river-town arts streak. The neighborhood’s character concentrates around the Pearl Street & Bank Street corridor, where galleries, coffee counters, and chef-driven dining sit in restored storefronts. Community pillars include the Carnegie Center for Art & History, New Albany Floyd County Public Library, and the New Albany Farmers Market. Victorian-era homes and converted commercial buildings shape the streetscape, with pocket parks and river views setting the pace. Sidewalks connect to the Ohio River Greenway for cycling and sunset walks. Festivals and live music keep downtown blocks active without feeling loud.

Provided by Walk Score and Local Logic

Market insights

3908 Payne Koehler Rd · $170,000

DAYS ON MARKET

The average home goes pending in 67 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

LIST PRICE

Median sale price in this area is $281,576. (66% higher than this home)

PRICE DROP

27% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Interior features
Basement
Bath in primary bedroom
Main-level primary bedroom

Bedrooms
Three bedrooms: two on the second floor and one on the first floor

Bathrooms
One full bathroom

Kitchen
Eat-in kitchen

Laundry & utility
Main-level laundry room
Utility room

Heating & cooling
Forced-air heating
Central air

Sale and tax history for 3908 Payne Koehler Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$384 (−15.9%)

$38,300 + $92,600

$130,900

2024

$457 (+11.5%)

$38,300 + $97,800

$136,100

2023

$410 (+41.0%)

$38,300 + $93,200

$131,500

2022

$291 (+62.8%)

$38,300 + $77,300

$115,600

2021

$179 (−54.5%)

$38,300 + $66,100

$104,400

2020

$392 (+7.6%)

$38,300 + $66,100

$104,400

2019

$364 (+21.0%)

$38,300 + $64,400

$102,700

2018

$301 (−14.4%)

$38,300 + $61,000

$99,300

2017

$352 (+9.6%)

$38,300 + $59,900

$98,200

2016

$321 (+34.9%)

$38,300 + $59,900

$98,200

2015

$238 (−8.8%)

$38,300 + $53,200

$91,500

2013

$261

$38,300 + $55,400

$93,700

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.56 Acres

Year renovated

1923

Finished Sq. Ft.

1,947

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,947

Year built

1923

Style

Single Family Residential

County

Floyd County

APN

220506300057000007

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 13, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 106° expected this year, 19 days in 30 years

2/10 Wind Factor

2% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

New Albany, IN • 47150

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 3.6 hours in December, placing it below the U.S. average for solar exposure.

9.5 hrs

3.6 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 3908 Payne Koehler Rd

$169,821

$179 under list price of $170K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $120K to $335K.

SOLD MAY 21, 2026
$335,000 Last sold price
4 beds3 baths3,014 sq ft
3015 Creek Ridge Dr, New Albany, IN 47150
$24/sq ft
smaller lot
62 years newer
SOLD AUG 21, 2026
$120,000 Last sold price
2 beds1 bath1,356 sq ft
2519 Blackiston Mill Rd, Clarksville, IN 47129
$1/sq ft
smaller lot
7 years newer
SOLD AUG 28, 2026
$150,000 Last sold price
2 beds1 bath900 sq ft
2606 Blackiston Mill Rd, Clarksville, IN 47129
$80/sq ft
27 years newer
no basement
SOLD JUL 17, 2026
$317,000 Last sold price
3 beds2.5 baths1,744 sq ft
1007 Meadowview Dr, New Albany, IN 47150
$95/sq ft
smaller lot
59 years newer
SOLD APR 10, 2026
$225,000 Last sold price
3 beds2.5 baths2,398 sq ft
718 Meyers Grove Cir, Clarksville, IN 47129
$7/sq ft
35 years newer
SOLD AUG 4, 2026
$280,000 Last sold price
3 beds2.5 baths2,171 sq ft
3000 Creek Ridge Dr, New Albany, IN 47150
$42/sq ft
smaller lot
64 years newer

Rental earnings

Est. $1,294 per month, based on comparable rentals

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Early Access listings

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— beds— baths— sq ft

5708 Old Floydsburg Rd, Crestwood, KY 40014

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Details provided by SIRA and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Market insights

Property details

Sale and tax history for 3908 Payne Koehler Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 3908 Payne Koehler Rd

Early Access listings

Nearby similar homes

New listings for sale in 47150

More real estate resources