4635 Payne Koehler Road
New Albany, IN, 47150 $ 799,900
Bedrooms4 Baths3.0 Sq 4,353 Monthly Estimate*
$ 5,525
for $799,900 with 4 bedrooms and 3 full baths. This 4,353 square foot home was built in 1998 on a lot size of 2.42.
Offered for the first time in over two decades, this sprawling ranch rests on 2.42 private, park-like acres in one of the area’s most coveted enclaves, convenient to shopping and expressways. Nearly 2,500 square feet on the main level offers the rare advantage of FOUR bedrooms and TWO full baths, with no bedrooms relegated to the basement! A gallery-style foyer opens to a gracious great room with gas fireplace, built-ins and views of the outdoor living spaces. Hardwood floors, a tray-ceiling dining room and a quartz kitchen with breakfast bar, pantry and sunny dining area enhance everyday living. The split-bedroom plan features a private primary suite with jetted tub, renovated shower, dual vanities, walk-in closet and convenient laundry access. Three additional main-level bedrooms share a beautifully renovated hall bath. Downstairs, expansive recreation, office and theater/family spaces, a wet bar with appliances, a THIRD full bath and generous storage create an exceptional entertaining retreat. Outdoors, enjoy covered Trex decking, alfresco dining, an in-ground pool, spacious patio and fire pit amid lush privacy landscaping. Pella windows, plantation shutters and an oversized two-car garage add appeal. Recent improvements include a 2026 roof, gutters, garage door, sump pump, pool pump and filter, a newer heating and cooling system (2023), and countless other updates in recent years. A rare opportunity for exceptional one-level living and resort-inspired entertaining!
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FeaturesGeneralSewer Septic Tank
Heating Forced Air
Cooling Central Air
Possession Close Of Escrow
Roof Shingle
Appliances Dryer Dishwasher Disposal Microwave Oven Range Refrigerator Washer
Zoning Residential
Garage Spaces 2
Patio/Porch Features Covered Patio Porch
Architectural Style One Story
Pool Features In Ground Pool
Security Features Security System Radon Mitigation System
Construction Materials Brick Frame
Year Built 1998
View Park/Greenbelt Panoramic Pool Scenic
Stories Count 1
Township New Albany
Levels One
Property Subtype Residential
County Floyd
New Construction false
Property Type Residential
HOA false
Attached Garage true
Garage Y/N true
Total Rooms 14
Full Baths 3
Status Active
Directions Charlestown Road to County Line Road; right on Payne Koehler; private road will be ahead on the right (OR) Charlestown Road to Chapel Lane (east); left on Payne Koehler; private road will be ahead on the left after passing Koehler Place.
City New Albany
Zoning Description Residential
Lot Size Units Acres
Lot Size Square Feet 105415.2
Listing Terms Conventional FHA VA Loan
Tax Annual Amount 3993
Home Warranty Y/N false
Lease Considered Y/N false
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional Residential
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InteriorInterior Amenities Breakfast Bar Bookcases Ceramic Bath Ceiling Fan(s) Separate/Formal Dining Room Entrance Foyer Eat-in Kitchen Home Office Jetted Tub Bath in Primary Bedroom Main Level Primary Open Floorplan Pantry Split Bedrooms Separate Shower Cable TV Utility Room Vaulted Ceiling(s) Walk-In Closet(s) Window Treatments Central Vacuum
Basement Daylight Full Sump Pump
Total Fireplaces 1
Fireplace Features Gas
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Screens Thermal Windows
Fireplace Y/N true
Above Grade Finished Area 2446
Half Baths 0
Laundry Features Main Level Laundry Room
Total Bedrooms 4
Below Grade Finished Area 1907
Total Baths 3
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ExteriorExterior Amenities Landscaping Porch Patio
Parking Features Attached Garage Faces Front Garage Garage Door Opener
Lot Features Dead End Secluded
Water Source Connected Public
Lot Size Area 2.42
Foundation Details Poured
Building Area Total 4353
Lot Size Acres 2.42
Road Surface Type Paved
Other Parking Other
Lot Size Source Assessor
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* Excluded FeaturesList ByJennifer CarrollListing Agent
jcarroll@semonin.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,525
- Monthly Property Taxes
- $333
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in New Albany, IN
Average List Price $297,222
Percent of Sale Price 63%
About New Albany, IN 37,322 Population
-2% Since 2002
$ 42,745 Median Income
38.43 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/12/2026 | $799,900 | | Listed Price |