NOT LISTED FOR SALE

1203 Falls Creek Landing New Albany, IN 47150

Estimated Value: $501,000 - $661,000

4 Beds
5 Baths
4,889 Sq Ft
$123/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $452,500 $93 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,553/month

Highlights

  • Second Kitchen
  • In Ground Pool
  • River Nearby
  • Grant Line School Rated A
  • 0.94 Acre Lot
  • Deck

About This Home

As of February 2018

Estate section custom built home, situated on park-like lot! Two story foyer leads to elegant dining room & LR/study, w/French doors opening to family room w/brick fireplace & adjacent wetbar w/granite counters. Eat-in kitchen boasts abundance of cabinetry w/center island & raised breakfast bar, finished in granite, vaulted breakfast nook overlooking the pool, separate prep kitchen for optimum entertaining & guest powder room! Front & rear staircases lead to 2nd floor w/huge master suite, including separate study/sitting area, luxurious master bath & two W/I closets, plus two ensuites w/dedicated baths & W/I closets, and BR4 currently used as office w/built-in work station. (One ensuite can be easily modified for access to bath from hall for BR4.) Finished LL offers FR w/wood stove FPL & wetbar, billiards, exercise/play areas & half bath. Fabulous outdoor spaces include 2-tiered covered deck, hot tub, patio, inground sports pool. Home warranty, 3-car gar, alarm, irrigation & more!

Last Agent to Sell the Property

Jennifer Carroll

Semonin REALTORS License #RB14046469 Listed on: 05/26/2017

Semonin REALTORS

Co-Listed By

Stacey Green

Semonin REALTORS License #RB16001871

Last Buyer's Agent

Leslie Williams

eXp Realty, LLC License #RB14041305

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,675

Year Built

  • Built in 1994

Lot Details

  • 0.94 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Fenced Yard
  • Landscaped
  • Secluded Lot
  • Irrigation

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Park or Greenbelt
  • Pool

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 4,889 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Blinds
  • Window Screens
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Recreation Room
  • Utility Room
  • Home Security System

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub
  • Ceramic Tile in Bathrooms

Finished Basement

  • Partial Basement
  • Sump Pump
  • Natural lighting in basement

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • River Nearby
  • Creek On Lot
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • Natural Gas Water Heater
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 220510700331000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,675

Year Built

Built in 1994

Lot Details

0

HOA Fees

$17 per month

Parking

3

Listing Details

  • Improvements: 370700
  • Annual Tax: 3675
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Poured Concrete
  • Home Owner Assoc: 200
  • Home Warranty Provided: 2-10
  • Land Assessment: 72300
  • Legal Description: P. 980; L. 24 .9394 Ac.
  • Numof Fireplaces: 2
  • Parcel Number: 220510700331000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 443000
  • Total Deduction Amnt: 178910
  • Total Finished Square Footage: 4889
  • Type: 2 Story
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Daylight, Finished, Partial
  • Above Grade Finished Sq Ft: 3679.00
  • Appliances: Dishwasher, Disposal, Garage Door Opener, Microwave, Range / Oven, Refrigerator, Water Softener
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Fireplace: Wood Stove, Woodburning
  • Interior Amenities: Bath Master, Blinds, Breakfast Bar, Built-In Bookcase, Cable Wired, Cath/Vaul/Tray Ceil, Ceiling Fan(s), Ceramic Bath, Eat-In Kitchen, Family Room, Formal Dining Rm, Foyer, Jetted Tub, Kitchen Island, Pantry, Rec Room, Second Kitchen, Security System, Separate Shower(s), Sump Pump, Utility/Mud Room, Walk-In Closet(s), Wet Bar
  • Lot Sq Ft: 40920.26
  • Room Count: 19
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 4889
  • Total Rooms: 14

Exterior Features

  • Exterior Features: Covered Porch, Deck, Fenced Yard, Hot Tub, Irrigation System, Landscaped, Patio, Pool - Inground, Screens, Solid Surface Drive
  • Home Warranty: Yes

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air, Heat Pump
  • Fuel Type: Electric, Nat Gas
  • Heat Type: Forced Air, Heat Pump
  • Water: Creek
  • Water Type: Public Onsite

Condo/Co-op/Association

  • HOA: Yearly

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.9394
  • Lot Description: Adj River/Stream/Crk, Cul-De-Sac, Dead End Street, Park-Like View, Secluded Lot, Swimming Pool View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2017
Closed on
Feb 23, 2018
Sold by
Graham Douglas B and Graham Theresa M
Bought by
Derlein Jason B and Derlein Amber L
Seller's Agent
Jennifer Carroll
Semonin REALTORS
Buyer's Agent
Leslie Williams
eXp Realty, LLC
List Price
$499,900
Sold Price
$452,500
Premium/Discount to List
-$47,400
-9.48%
Current Estimated Value
$600,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,256
Avg. Annual Appreciation
3.77%
Original Mortgage
$362,000
Outstanding Balance
$307,804
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$292,952
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Derlein Jason B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derlein Jason B $362,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2018 02/23/18 Sold $452,500 +0.6% $93 / Sq Ft
01/27/2018 01/27/18 Pending -- -- --
11/21/2017 11/21/17 Price Changed $449,900 -5.3% $92 / Sq Ft
10/12/2017 10/12/17 Price Changed $474,900 -5.0% $97 / Sq Ft
05/26/2017 05/26/17 For Sale $499,900 -- $102 / Sq Ft
Source: Southern Indiana REALTORS® Association

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,179 $484,600 $72,300 $412,300
2023 $4,140 $493,900 $72,300 $421,600
2022 $4,438 $498,700 $72,300 $426,400
2021 $4,175 $469,700 $72,300 $397,400
2020 $4,078 $469,700 $72,300 $397,400
2019 $3,759 $450,100 $72,300 $377,800
2018 $3,795 $447,500 $72,300 $375,200
2017 $4,002 $445,600 $72,300 $373,300
2016 $3,674 $443,000 $72,300 $370,700
2014 $4,185 $450,400 $72,400 $378,000
2013 -- $453,700 $72,300 $381,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201706871

Southern Indiana REALTORS® Association

APN: 22-05-10-700-331.000-007