3016 Grace Marie Way, New Albany, IN, 47150
About This Home
Experience modern comfort in the Downing at Koehler Woods, a stunning new construction home in New Albany. This thoughtfully designed home features a welcoming open floor plan with 9' ceilings, designer finishes, and abundant natural light. The spacious great room flows seamlessly into the kitchen, complete with quartz countertops, eat in breakfast bar, and stainless appliances. Retreat to the primary suite with a spa-like bath and generous walk-in closet. Relax and enjoy the scenic views or entertain on your covered patio. Close to thriving downtown New Albany and easy access to interstates, the Downing provides comfortable living at an exceptional value. Book your showing today and take the first step towards homeownership.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- New construction: Yes
- Year built: 2026
Materials
- Foundation: Slab
- Construction materials: Hardboard,Vinyl Siding
Other
- Builder model: Manning
- Builder name: D.R. Horton
Type & Style
- Home type: SingleFamily
- Architectural style: One Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Microwave
- Laundry features: Main Level,Laundry Room
Bedroom
- Level: First
- Dimensions: 12 x 13
Bedroom
- Level: First
- Dimensions: 10 x 11
Bedroom
- Level: First
- Dimensions: 10 x 11
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Family Room
- Level: First
- Dimensions: 15 x 14
Features
- Breakfast Bar,Pantry,Walk-In Closet(s)
- Finished area below ground: 0
- Finished area above ground: 1,257
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,257
- Total interior livable area: 1,257 sqft
Kitchen
- Level: First
- Dimensions: 12 x 11
Master Bedroom
- Level: First
- Dimensions: 12 x 12
Property
Details
- Parcel number: New or Under Construction
- Zoning: Residential
- Zoning description: Residential
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: Porch
Parking
- Total spaces: 2
- Parking features: Attached,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Strong Wind
- Winter Weather
- Inland Flooding
- Ice Storm
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,337 | $16,044 |
| Home Insurance * | $163 | $1,956 |
| Property Taxes | $145 | $1,740 |
| Electricity | $184 | $2,212 |
| Total | $1,829 | $21,948 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Price change | $292,100 |
| 2026-04-25 | Price change | $288,189 |
| 2026-04-11 | Price change | $291,100 |
| 2026-03-18 | Price change | $294,080 |
| 2026-03-18 | Price change | $292,080 |
| 2026-03-13 | Price change | $294,080 |
| 2026-02-28 | Price change | $287,570 |
| 2026-02-26 | Price change | $285,770 |
| 2026-02-03 | Price change | $282,900 |
| 2026-01-03 | Price change | $277,242 |
| 2025-11-15 | Price change | $282,900 |
| 2025-10-07 | Price change | $292,400 |
| 2025-09-23 | Price change | $290,400 |
| 2025-09-16 | Listed for sale | $289,400 |
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