NOT LISTED FOR SALE

3102 Arbor Ridge Ln New Albany, IN 47150

Estimated Value: $328,000 - $366,000

3 Beds
2 Baths
1,432 Sq Ft
$239/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $225,000 $157 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,112/month

13 Days on Market

Highlights

  • Open Floorplan
  • Pond
  • First Floor Utility Room
  • Grant Line School Rated A
  • Cathedral Ceiling
  • 2 Car Attached Garage

About This Home

As of September 2020

Better than new! Check out this just over a year old patio home in a super location in New Albany. Better than new because the owners have made some great upgrades to flooring, paint and yard. Barely lived in 3 bedroom, 2 bath, no stairs, open floor plan, luxury vinyl flooring, great owner's suite and fantastic stone fenced back yard. Only gates are connecting houses which makes for great reduction in noise and risk. Beautiful fully stocked lake in the neighborhood within a block, with fishing access. Whether you are looking to downsize or just getting started, bring your fishing pole because this one is perfect!

Last Agent to Sell the Property

Jennifer Coward

Semonin REALTORS License #RB16001872 Listed on: 08/10/2020

Semonin REALTORS

Last Buyer's Agent

Tammy Hogan

Lopp Real Estate Brokers License #RB14041563

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,203

Year Built

  • Built in 2018

Lot Details

  • 8,712 Sq Ft Lot
  • Landscaped

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,432 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • First Floor Utility Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Pond
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 220506400099000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,203

Year Built

Built in 2018

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Annual Tax: 6
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Slab
  • Home Owner Assoc: 100
  • Land Assessment: 400
  • Legal Description: PLAT 1215 LOT 1 .2014 AC ARBOR RIDGE SUBDIVISION
  • Parcel Number: 220506400099000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 400
  • Total Deduction Amnt: 400
  • Total Finished Square Footage: 1432
  • Type: 1 Story
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 1432.00
  • Appliances: Dishwasher, Disposal, Garage Door Opener, Microwave, Range / Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Bath Master, Blinds, Breakfast Bar, Cath/Vaul/Tray Ceil, Ceiling Fan(s), Open Floor Plan, Walk-In Closet(s)
  • Lot Sq Ft: 8712.00
  • Room Count: 5
  • Sewer Type: Sewer
  • Total Sq Ft: 1432
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Landscaped, Patio

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Condo/Co-op/Association

  • HOA: Yearly

Lot Info

  • Acres: 0.2000
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Sep 30, 2020
Sold by
Reas Asset Trust
Bought by
Wilson Jerry and Wilson Sherry
Seller's Agent
Jennifer Coward
Semonin REALTORS
Buyer's Agent
Tammy Hogan
Lopp Real Estate Brokers
List Price
$229,500
Sold Price
$225,000
Premium/Discount to List
-$4,500
-1.96%
Total Days on Market
13
Current Estimated Value
$341,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,933
Avg. Annual Appreciation
8.99%
Original Mortgage
$202,500
Outstanding Balance
$182,136
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$154,479

Purchase Details

Closed on
Nov 21, 2019
Sold by
Reas Richard and Reas Jacqueline
Bought by
Reas Asset Trust

Purchase Details

Listed on
Aug 10, 2018
Closed on
Jan 23, 2019
Sold by
Greg Brewer Homes Inc
Bought by
Reas Richard and Reas Jacqueline
Seller's Agent
Russ Kruer
RE/MAX Ability Plus
Buyer's Agent
Jennifer Coward
Semonin REALTORS
List Price
$234,900
Sold Price
$234,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%

Purchase Details

Listed on
Nov 3, 2017
Closed on
Jan 26, 2018
Sold by
Kessans Mark E and Kessans Mary A
Bought by
Greg Brewer Homes Inc
Seller's Agent
Vina Woodcock
Semonin REALTORS
Buyer's Agent
Russ Kruer
RE/MAX Ability Plus
List Price
$24,900
Sold Price
$22,900
Premium/Discount to List
-$2,000
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
950.17%
Original Mortgage
$146,250
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2011
Sold by
First Harrison Bank
Bought by
Kessans Mark A and Kessans Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,600
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2008
Sold by
American Dream Builders Inc
Bought by
First Harrison Bank
Source: Public Records

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Range of Values:

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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
Wilson Jerry -- None Available
Reas Asset Trust -- None Available
Reas Richard -- None Available
Greg Brewer Homes Inc -- --
Kessans Mark A -- None Available
First Harrison Bank $102,052 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Jerry $202,500
Closed Wilson Jerry $202,500
Previous Owner Greg Brewer Homes Inc $146,250
Previous Owner Kessans Mark A $14,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $225,000 -2.0% $157 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $229,500 -2.3% $160 / Sq Ft
01/24/2019 01/24/19 Sold $234,900 +9.3% $164 / Sq Ft
01/05/2019 01/05/19 Pending -- -- --
12/26/2018 12/26/18 Price Changed $214,900 -2.3% $150 / Sq Ft
11/26/2018 11/26/18 Price Changed $219,900 -2.2% $154 / Sq Ft
11/09/2018 11/09/18 Price Changed $224,900 -2.2% $157 / Sq Ft
11/05/2018 11/05/18 Price Changed $229,900 -2.1% $161 / Sq Ft
08/10/2018 08/10/18 For Sale $234,900 +925.8% $164 / Sq Ft
01/26/2018 01/26/18 Sold $22,900 -8.0% --
01/04/2018 01/04/18 Pending -- -- --
11/03/2017 11/03/17 For Sale $24,900 -- --
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 $2,203 $239,600 $54,000 $185,600
2023 $2,203 $245,800 $54,000 $191,800
2022 $2,262 $247,900 $54,000 $193,900
2021 $2,128 $234,000 $54,000 $180,000
2020 $1,584 $400 $400 $0
2019 $0 $400 $400 $0
2018 $6 $400 $400 $0
2017 $6 $400 $400 $0
2016 $6 $400 $400 $0
2014 $7 $400 $400 $0
2013 -- $400 $400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202009820

Southern Indiana REALTORS® Association

APN: 22-05-06-400-099.000-007