Old Albany is the remnant of an 1850s settlement by a group from Albany, New York. Albany continued to grow after the Civil War. They had a post office, hotel, boarding house, livery stable, blacksmith shop, grocery store, creamery, sawmill, and a millinery store.
The original depot was moved to Albany from Bern, Kansas in 1965. It was destroyed by fire in 1980 and a new replica was built in 1981.
It has been restocked with antique railroad artifacts. There is also a miniature train display. Caboose number 25061 and 25678
Three public parks, a public swimming pool, four baseball/softball/soccer fields, tennis and racketball courts provide recreation for the community. Two campgrounds with pools, cabins and camping facilities are located nearby.