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For sale
    • Price cut: $10K (3/15)
    $279,900

    4515 Payne Koehler Road, New Albany, IN 47150

    3beds
    1,596sqft
    : 
    Single Family Residence
    Built in 1950
    0.26 Acres Lot
    $274,700 Zestimate®
    $175/sqft
    $-- HOA

    What's special

    New garage doorNew stainless steel appliances
    Just Renovated!! Move in Ready 3 Bedroom/2 bath home located in prime location across the street from Wolf Lake! Home could be made back into 4 bedroom! The renovations include all new luxury vinyl tile in bedrooms, living rooms, kitchen, and hallways! Fresh Exterior and Interior paint! Brand New U shaped kitchen with white cabinets and black granite countertops! New stainless steel appliances! All new interior and exterior doors! New Garage Door! New HVAC! New Water Heater! All new light and plumbing fixtures! Hall bath gutted and redone with new tub, cabinet, granite Countertops and tile on floor and walls! New double concrete driveway! This home is in new construction condition and ready for a new owner to enjoy it!!
    118 days
    |
    1,324
    |
    60
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: March 15, 2026 at 12:25pm

    Listed by:

    Ryan L Chanley,

    Home Smart Real Estate Service

    Source: SIRA,MLS#: 2025012695MLS LogoOriginating MLS: Southern Indiana REALTORS Association

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Family Room
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
      • Laundry: Main Level, Laundry Room
      Features
      • Attic, Ceramic Bath, Bath in Primary Bedroom, Main Level Primary, Utility Room, Window Treatments
      • Windows: Blinds
      • Basement: Crawl Space
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 1,596
      • Total interior livable area: 1,596 sqft
      • Finished area above ground: 1,596
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached, Garage, Garage Door Opener
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      • Details: Other
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Porch
      • Exterior features: Fence, Paved Driveway, Porch
      • Fencing: Yard Fenced
      • Has view: Yes
      • View description: Park/Greenbelt
      Lot
      • Size: 0.26 Acres
      Details
      • Parcel number: 0052630021
      • Zoning: Residential
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: One Story
      • Property subtype: Single Family Residence
      Materials
      • Brick, Stucco, Frame
      • Foundation: Crawlspace
      Condition
      • Resale
      • New construction: No
      • Year built: 1950

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Connected, Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: New Albany

      Financial & listing details

      • Price per square foot: $175/sqft
      • Tax assessed value: $170,700
      • Annual tax amount: $2,562
      • Date on market: 11/19/2025
      • Cumulative days on market: 119 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Paved

        Estimated market value

        $274,700

        $261,000 - $288,000

        $1,874/mo

        Price history

        Price history
        DateEventPrice
        3/15/2026Price change$279,900-3.4%$175/sqft
        Source: SIRA #2025012695 Report a problem
        1/2/2026Price change$289,900-3.3%$182/sqft
        Source: SIRA #2025012695 Report a problem
        11/25/2025Listing removed$2,200$1/sqft
        Source: Zillow Rentals Report a problem
        11/19/2025Listed for sale$299,900-7.7%$188/sqft
        Source: SIRA #2025012695 Report a problem
        10/13/2025Listed for rent$2,200$1/sqft
        Source: Zillow Rentals Report a problem
        6/24/2025Listing removed$2,200+10%$1/sqft
        Source: Zillow Rentals Report a problem
        6/11/2025Listed for rent$2,000-9.1%$1/sqft
        Source: Zillow Rentals Report a problem
        6/6/2025Listing removed$2,200$1/sqft
        Source: SIRA #202506296 Report a problem
        4/17/2025Price change$2,200-12%$1/sqft
        Source: SIRA #202506296 Report a problem
        4/15/2025Listing removed$324,900$204/sqft
        Source: SIRA #2024011763 Report a problem
        3/5/2025Listed for rent$2,500+170.3%$2/sqft
        Source: SIRA #202506296 Report a problem
        2/8/2025Price change$324,900-3%$204/sqft
        Source: SIRA #2024011763 Report a problem
        12/2/2024Price change$334,900-1.2%$210/sqft
        Source: SIRA #2024011763 Report a problem
        11/15/2024Price change$338,900-0.3%$212/sqft
        Source: SIRA #2024011763 Report a problem
        10/24/2024Listed for sale$339,900+143.7%$213/sqft
        Source: SIRA #2024011763 Report a problem
        3/13/2012Listing removed$925$1/sqft
        Source: Schaefer Real Estate Report a problem
        2/28/2012Listed for rent$925$1/sqft
        Source: Schaefer Real Estate Report a problem
        8/28/2010Listing removed$139,500$87/sqft
        Source: Schuler Bauer Real Estate Services (NA) #201003388 Report a problem
        5/14/2010Price change$139,500-0.4%$87/sqft
        Source: Schuler Bauer Real Estate Services (NA) #201003388 Report a problem
        2/11/2010Listed for sale$140,000$88/sqft
        Source: Schuler Bauer Real Estate Services (NA) #200907720 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$2,583 +13%$170,700 +5.9%
        2023$2,285 +11.3%$161,200 +7.6%
        2022$2,054 -1.8%$149,800 +14.1%
        2021$2,091 +9%$131,300 -4%
        2020$1,919 +11.3%$136,800 +5.3%
        2019$1,725 +184%$129,900 +12.8%
        2018$607 $115,200 +6.3%
        2017$607 -64.6%$108,400 +0.8%
        2016$1,713 -30.9%$107,500 +6.5%
        2014$2,478 +43.7%$100,900 +2.3%
        2013$1,725 +0.5%$98,600 -3.8%
        2012$1,716 +5.1%$102,500 -2%
        2011$1,632 -6.8%$104,600
        2010$1,751 +17.4%$104,600 +8.6%
        2009$1,491 +268.3%$96,300 -7.9%
        2007$405 $104,600 +4.6%
        2006-- $100,000 +37.9%
        2005-- $72,500

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $1,511/mo
        Principal & interest
        $1359
        Property taxes
        $152
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          Climate risks

          Neighborhood: 47150

          Getting around

          2 / 100
          Car-Dependent
          21 / 100
          Somewhat Bikeable

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