Thomas Danforth, a partner in Day & Danforth Insurance agents, had this Greek Revival style townhome built by January 1854. New Albany entrepreneur John Briggs purchased the house in 1857 for $5000, and the Briggs family occupied the house through the mid-1920s. Between 1935 and 1936, the Girl Scout Council occupied the house, and in 1937 the American Red Cross acquired the house for its local chapter.  

In 1941, New Albany historians Mr. and Mrs. John A. Cody, Jr. began a residence here that lasted over sixty years. The Codys were founding members of the Floyd County Historical Society and pioneers in building appreciation for New Albany's history and historic architecture. Mrs. Cody - or "Bebe", as she was affectionately known - continued to live in her historic home through 2004, even after the death of her husband in 1998. The house remains in the Cody family today, and earned a 'Facelift Award' from the NAHPC in 2021 for its preservation and sensitive rehabilitation.

Both photos below, from the collection of the Indiana Room at the Floyd County Library, show the home in the early 1960s, during the Codys' ownership. Although this house now is the sole remaining structure on the east side of Third Street in this block, it was once lined with other homes. The third photo below, also from the Indiana Room's collection and also from the early 1960s, shows the home that stood at 314 East 3rd.