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3028 Grace Marie Way, New Albany, IN, 47150

5beds
3baths
2,415sqft
$339,445
$141price/sqft
$2,333/moest. monthly cost
$93,320/yrincome needed

About This Home

Koehler Woods Lot #15. Estimated completion is September/October 2026. Start your next chapter in New Albany, Indiana at the sought-after Koehler Woods community—welcome to 3028 Grace Marie Way, where comfort, style, and functionality come together in a beautifully designed new home. Featuring the Elm floor plan, this spacious home offers 5 bedrooms, 3 bathrooms, a versatile loft, 2,415 sq. ft. of thoughtfully designed living space, and durable Hardie board exterior siding. Step inside to a welcoming foyer that opens into a seamless, open-concept layout. The kitchen, dining area, and great room flow effortlessly together, all enhanced by durable luxury vinyl plank flooring. The kitchen is a true standout, featuring stone-gray cabinetry with soft-close doors, quartz countertops, a large center island, and stainless-steel appliances—perfect for both everyday living and entertaining. Just off the kitchen, you'll find convenient access to the garage, along with a full bathroom and a main-level bedroom ideal for guests or a home office. Upstairs, you'll appreciate the wide hallways, a flexible loft space, and a centrally located laundry room for added convenience. The primary suite offers a private retreat with a double bowl vanity, a walk-in shower, and a spacious walk-in closet. Additional upstairs bedrooms are generously sized and share a full bathroom. Schedule your tour today and discover all that Koehler Woods has to offer. Decorated interior photos and virtual tour are representative of the floor plan only and may vary as built.

Getting Around

28
WalkingCar-Dependent
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

7/10
4/10
Hazelwood Middle SchoolGrades 5-83.0 mi
7/10

Construction

Condition

  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Cement Siding,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: None

Bedroom

  • Level: First
  • Area: 117.37
  • Dimensions: 10.67 x 11.00

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Area

  • Level: First

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,415

Full Bathroom

  • Level: First

Full Bathroom

  • Level: Second

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,415
  • Total interior livable area: 2,415 sqft

Kitchen

  • Level: First

Laundry

  • Level: Second

Living Room

  • Level: First

Loft

  • Level: Second
  • Area: 116.4964
  • Dimensions: 9.08 x 12.83

Primary Bathroom

  • Level: Second

Primary Bedroom

  • Level: Second
  • Area: 302.8064
  • Dimensions: 15.08 x 20.08

Property

Details

  • Parcel number: 220506300007.015008

Features

  • Stories: 2
  • Patio & porch: Porch

Lot

  • Lot size: 3,920 sqft
  • Features: Covt/Restr,Easement,Sidewalk
  • Lot size dimensions: 100' x 40'

Parking

  • Total spaces: 2
  • Parking features: Attached,Entry Front,Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Strong Wind
Winter Weather
Inland Flooding
Ice Storm
Lightning

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

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

MonthlyAnnual
Mortgage $1,716$20,592
Home Insurance *$210$2,520
Property Taxes $186$2,232
Electricity $221$2,656
Total$2,333$27,996
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$79,988/yr
40% on housing$69,990/yr
45% on housing$62,213/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How 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.

Insurance Growth Rate5-year average: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$141This listing

vs Other Active Listings

Avg $/sqft

ZIP 47150$106
Floyd County$130

vs Homes Sold Last Month

Median $/sqft

ZIP 47150$152
Floyd County$158

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

DateEventPrice
2026-06-25Listed for sale$339,445

For Sale by Agent

AgentBen Cox
BrokerageDRH Realty of Kentucky

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