Windows 8.1 move OneDrive to existing folder after OS reinstall

Setup: I got my OneDrive folder with 200 GB+ files on my D: drive. All files are available offline.

Now I need wipe my C: drive and do a fresh install of Windows 8.1. When its done, my OneDrive folder will be in the default location on C:. However, I actually want the folder to be on drive D: where it was/still is and I also want to avoid having to re-download all the files, as I still have them on the drive.

Now I could move the OneDrive folder to the original destination. However, the last time I tried this every file was duplicated and I ended up downloading every file and uploading every copy before I could clean up the mess.

Is there any way to tell OneDrive that all of the files are already there?

So I just took a leap and reinstalled Windows 8.1 on my C: drive logging in with my Microsoft account. First thing I did then was changing the OneDrive path to the existing folder on D: (using the explorer) as it had already started downloading my stuff from the cloud. I guess the important thing here is that you do NOT want to move any existing files when being prompted. Afterwards OneDrive indexed the files for about 3 hours, but no files were duplicated or uploaded/downloaded.