NOT LISTED FOR SALE

3051 E Lobo Ridge New Albany, IN 47150

Estimated Value: $514,000 - $607,664

4 Beds
3.5 Baths
4,401 Sq Ft
$128/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $535,000 $122 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,304/month

Highlights

  • Second Kitchen
  • Spa
  • Recreation Room
  • Grant Line School Rated A
  • Deck
  • Cathedral Ceiling

About This Home

As of July 2022

WELCOME TO WOLF LAKE! OPEN HOUSE SATURDAY 2-4 & SUNDAY 2-4!!! A beautiful neighborhood with amazing features. Not only are you moving into your dream home, but you also have your club house, pool, tennis courts and lake for unlimited use! A quick drive to shopping, food and more! Easy access to I-265 or I-65. Custom built home, amazing use of space. Not one, but two home offices. This lovely 2 story brick home brick features over 4,000 finished sq. ft. Walk into the two-story entry way, a show stopping dining room and office are the first things you see. Walk into your main living area, out the windows see your beautiful deck and farmland beyond your private back yard. A beautiful fireplace with built in bookshelves encasing it. Your main floor Primary suite is to the left. It boasts two huge walk-in closets, double sinks, shower, and soaking tub. Your Kitchen features built in double ovens, island, easy clean cooktop. A dining area within the kitchen. Built in coffee bar with glass cabinets to display your favorite things. go downstairs in you finished walkout basement, & you will find tons of space for games, movies and entertaining. There is a non-conforming bedroom on this level with a kitchenette area & full bathroom. Tons of storage space which includes, one of the two furnaces, & your double hot water heaters. Then the utility garage with a work area. Outside you have a private back yard, covered patio with your hot tub, and a top level Trex Deck!

Last Agent to Sell the Property

Madelynn Satterfield

Homepage Realty License #RB19001039 Listed on: 06/24/2022

Homepage Realty

Last Buyer's Agent

Diane Thomas

Coldwell Banker McMahan License #RB14023573

Coldwell Banker McMahan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,431

Year Built

  • Built in 2003

Lot Details

  • 0.38 Acre Lot
  • Landscaped
  • Irrigation

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Basement Garage
  • Side Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Block Foundation
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 4,401 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Bonus Room
  • First Floor Utility Room
  • Storage
  • Home Security System

Kitchen

  • Second Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Outdoor Features

  • Spa
  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Gas Available
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220506500398000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,431

Year Built

Built in 2003

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Improvements: 281100
  • Additional Parking: Off Street
  • Annual Tax: 2431
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block, Poured Concrete
  • Home Owner Assoc: 150
  • Land Assessment: 67100
  • Legal Description: PLAT 1209 LOT #125 .380 AC WOLF LAKE SEC 3
  • Numof Fireplaces: 1
  • Parcel Number: 220506500398000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 348200
  • Total Deduction Amnt: 143000
  • Total Finished Square Footage: 4401
  • Type: 2 Story
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Finished, Outside Entrance, Walkout
  • Above Grade Finished Sq Ft: 3034.00
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Fireplace: Gas Burning
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Added Storage, Bath Master, Bonus Room, Built-In Bookcase, Cath/Vaul/Tray Ceil, Ceiling Fan(s), Den/Office, Family Room, Formal Dining Rm, Foyer, Kitchen Island, Pantry, Rec Room, Second Kitchen, Security System, Skylights
  • Lot Sq Ft: 16552.80
  • Room Count: 17
  • Sewer Type: Sewer
  • Total Sq Ft: 4245
  • Total Rooms: 14

Exterior Features

  • Exterior Features: Deck, Hot Tub, Irrigation System, Landscaped, Paved Driveway, Porch

Garage/Parking

  • Garage Type: Attached, Basement, Side Entry
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

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

Condo/Co-op/Association

  • HOA: Quarterly

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.3800
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Jul 21, 2022
Sold by
Frantz William T and Frantz Virginia A
Bought by
Dragoo William J and Dragoo Gwendolyn B
Seller's Agent
Madelynn Satterfield
Homepage Realty
Buyer's Agent
Diane Thomas
Coldwell Banker McMahan
List Price
$520,000
Sold Price
$535,000
Premium/Discount to List
$15,000
2.88%
Current Estimated Value
$561,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,916
Avg. Annual Appreciation
0.94%
Original Mortgage
$455,500
Outstanding Balance
$439,268
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$111,908
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
Dragoo William J -- Kemp Law Office Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dragoo William J $455,500
Previous Owner Frantz William T $206,385
Previous Owner Frantz William T $284,000
Previous Owner Frantz William T $74,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2022 07/21/22 Sold $535,000 +2.9% $122 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $520,000 -- $118 / 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 $3,431 $418,500 $67,100 $351,400
2023 $3,431 $423,600 $67,100 $356,500
2022 $3,297 $388,100 $67,100 $321,000
2021 $2,955 $353,800 $67,100 $286,700
2020 $2,843 $348,200 $67,100 $281,100
2019 $2,471 $317,400 $67,100 $250,300
2018 $2,461 $317,500 $67,100 $250,400
2017 $2,642 $318,900 $67,100 $251,800
2016 $2,478 $319,000 $67,100 $251,900
2014 $2,762 $313,500 $67,100 $246,400
2013 -- $308,200 $67,100 $241,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202209866

Southern Indiana REALTORS® Association

APN: 22-05-06-500-398.000-007