diff --git a/CHANGELOG.md b/CHANGELOG.md
index d345aff8d..0cb742c89 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,8 @@
 
 #### Changed
 
+- [#1381](https://github.com/rails-sqlserver/activerecord-sqlserver-adapter/pull/1381) Fix `change_column` to preserve old column attributes.
+
 #### Fixed
 
 Please check [8-1-stable](https://github.com/rails-sqlserver/activerecord-sqlserver-adapter/blob/8-1-stable/CHANGELOG.md) for previous changes.
diff --git a/lib/active_record/connection_adapters/sqlserver/schema_statements.rb b/lib/active_record/connection_adapters/sqlserver/schema_statements.rb
index ab6313f4b..db85d21f3 100644
--- a/lib/active_record/connection_adapters/sqlserver/schema_statements.rb
+++ b/lib/active_record/connection_adapters/sqlserver/schema_statements.rb
@@ -196,14 +196,16 @@ def change_column(table_name, column_name, type, options = {})
           end
 
           column_object = schema_cache.columns(table_name).find { |c| c.name.to_s == column_name.to_s }
-          without_constraints = options.key?(:default) || options.key?(:limit)
+          changing_type = column_object && column_object.type != type.to_sym
+          no_constraint_options = options.key?(:default) || options.key?(:limit)
+
           default = if !options.key?(:default) && column_object
             column_object.default
           else
             options[:default]
           end
 
-          if without_constraints || (column_object && column_object.type != type.to_sym)
+          if no_constraint_options || changing_type
             remove_default_constraint(table_name, column_name)
             indexes = indexes(table_name).select { |index| index.columns.include?(column_name.to_s) }
             remove_indexes(table_name, column_name)
@@ -212,10 +214,14 @@ def change_column(table_name, column_name, type, options = {})
           sql_commands << "UPDATE #{quote_table_name(table_name)} SET #{quote_column_name(column_name)}=#{quote_default_expression(options[:default], column_object)} WHERE #{quote_column_name(column_name)} IS NULL" if !options[:null].nil? && options[:null] == false && !options[:default].nil?
           alter_command = "ALTER TABLE #{quote_table_name(table_name)} ALTER COLUMN #{quote_column_name(column_name)} #{type_to_sql(type, limit: options[:limit], precision: options[:precision], scale: options[:scale])}"
           alter_command += " COLLATE #{options[:collation]}" if options[:collation].present?
-          alter_command += " NOT NULL" if !options[:null].nil? && options[:null] == false
+          if !options[:null].nil?
+            alter_command += " NOT NULL" if options[:null] == false
+          elsif column_object && !column_object.null
+            alter_command += " NOT NULL"
+          end
           sql_commands << alter_command
 
-          if without_constraints
+          if no_constraint_options || (changing_type && default.present?)
             default = quote_default_expression(default, column_object || column_for(table_name, column_name))
             sql_commands << "ALTER TABLE #{quote_table_name(table_name)} ADD CONSTRAINT #{default_constraint_name(table_name, column_name)} DEFAULT #{default} FOR #{quote_column_name(column_name)}"
           end
diff --git a/test/cases/migration_test_sqlserver.rb b/test/cases/migration_test_sqlserver.rb
index b829c8632..e4d713627 100644
--- a/test/cases/migration_test_sqlserver.rb
+++ b/test/cases/migration_test_sqlserver.rb
@@ -34,11 +34,13 @@ class MigrationTestSQLServer < ActiveRecord::TestCase
       lock_version_column = Person.columns_hash["lock_version"]
       assert_equal :integer, lock_version_column.type
       assert lock_version_column.default.present?
+      assert_equal 0, lock_version_column.default
       assert_nothing_raised { connection.change_column "people", "lock_version", :string }
       Person.reset_column_information
       lock_version_column = Person.columns_hash["lock_version"]
       assert_equal :string, lock_version_column.type
-      assert lock_version_column.default.nil?
+      assert lock_version_column.default.present?
+      assert_equal "0", lock_version_column.default
       assert_nothing_raised { connection.change_column "people", "lock_version", :integer }
       Person.reset_column_information
     end