NOT LISTED FOR SALE

253 Indian Springs Dr Florence, AL 35634

Estimated Value: $928,000 - $2,085,000

4 Beds
3.5 Baths
4,715 Sq Ft
$311/Sq Ft Est. Value

Last Sold April 11, 2016

Last sale price $875,000 $186 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $8,533/month

Highlights

  • Lake Front
  • Great Room with Fireplace
  • 2 Car Attached Garage
  • Deck
  • Wood Flooring
  • Multiple cooling system units

About This Home

As of April 2016

Fabulous, curb appeal and magnificent lake view. 1st floor master, 2 bedrooms and den upstairs, nice lower view with 4th bedroom, bath and pretty den. Great storage area in basement.

Last Agent to Sell the Property

Jeannie Rogers

Coldwell Banker Pinnacle Properties License #000054747 Listed on: 03/17/2016

Coldwell Banker Pinnacle Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,664

Year Built

  • Built in 1978

Lot Details

  • 2.13

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • Great Room with Fireplace
  • 3 Fireplaces
  • Dining Room
  • Den with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Attic

  • Attic Floors
  • Attic Access Panel

Finished Basement

  • 1 Bathroom in Basement
  • Crawl Space

Schools

  • City/County Elementary And Middle School
  • City/County High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Heating Available
  • Cable TV Available

Additional Features

  • Deck
  • Lake Front

Community Details

  • Indian Springs Iii Subdivision

Listing and Financial Details

  • Assessor Parcel Number 23-02-04-0-001-003.004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,664

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 3511
  • Below Grade Sq Ft: 415
  • Built Before 1978 (Y/N): No
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: No
  • Lot Dimensions: 300WF X 306.8 irreg.
  • Shoals Pic Orig I D: 413617
  • Sp Lp Percent: 0.98
  • Subdivision Name: Indian Springs III
  • Agent Only_ L A1 User Code: S8_11486
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Fireplace Features: Den (Fireplace), Great Room (Fireplace)
  • Bathrooms Level 1: 2
  • Bathrooms Level 2: 1
  • Full Bathrooms: 3
  • Basement: Finished
  • Half Bathrooms: 1
  • Basement Sq Ft: 1619
  • Attic: Access Only, Floored
  • Basement Bathrooms: 1
  • Below Grade Finished Sq Ft: 1204
  • Flooring: Carpet, Linoleum, Tile (Flooring), Wood (Flooring)
  • LivingArea: 4715
  • Price Per S Q F T: 185.58
  • Total Bedrooms: 4
  • Fireplaces: 3
  • FireplaceYN: Yes
  • Room Type: Dining Room (RoomType), Great Room (RoomType)

Beds/Baths

  • Total Bathrooms: 4

Exterior Features

  • Construction Materials: Brick, Other (ConstrMat)
  • Foundation Details: Crawl Space, Other (FoundationDetails)
  • Patio And Porch Features: Deck (PatioAndPorch)
  • Roof: Composition, Shingle
  • Waterfront Features: Lake (WaterfrontFeatures)
  • Waterfront: Yes
  • Waterfront Name: Wilson Lake

Garage/Parking

  • Parking Features: Concrete (Parking), Driveway, Garage - Attached
  • Garage Spaces: 2

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric (Cooling), Multi Units
  • Heating: Electric (Heating)
  • Sewer: Septic to Sewer
  • Utilities: Cable Available
  • Water Source: Public (WaterSource)

Schools

  • Elementary School: City/county
  • Middle School: City/county
  • High School: City/county

Lot Info

  • Range Aces: 0-.99 acres
  • Parcel Num: 23-02-04-0-001-003.004

Building Info

  • Year Built: 1978
  • BuildingAreaTotal: 4715

MLS Schools

  • Elementary School: City/county
  • Middle School: City/county
  • HighSchool: City/county

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2016
Closed on
Apr 11, 2016
Sold by
Wallace William M and Wallace Elizabeth B
Bought by
Naidu Ajit and Naidu Divya
Seller's Agent
Jeannie Rogers
Coldwell Banker Pinnacle Properties
List Price
$890,000
Sold Price
$875,000
Premium/Discount to List
-$15,000
-1.69%
Current Estimated Value
$1,467,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$592,049
Avg. Annual Appreciation
5.66%
Original Mortgage
$700,000
Outstanding Balance
$305,511
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,161,538
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
Naidu Ajit $875,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naidu Ajit $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2016 04/11/16 Sold $875,000 -1.7% $186 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $890,000 -- $189 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

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 $6,664 $136,000 $75,360 $60,640
2023 $6,664 $75,360 $75,360 $0
2022 $5,674 $115,800 $0 $0
2021 $4,970 $101,420 $0 $0
2020 $4,470 $91,220 $0 $0
2019 $4,470 $91,220 $0 $0
2018 $4,581 $93,480 $0 $0
2017 $3,751 $186,960 $0 $0
2016 $3,751 $89,000 $0 $0
2015 $3,504 $83,180 $0 $0
2014 $3,554 $84,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 99118

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 23-02-04-0-001-003.004