NOT LISTED FOR SALE

3108 Arbor Ridge Ln New Albany, IN 47150

Estimated Value: $348,000 - $409,000

2 Beds
2 Baths
2,175 Sq Ft
$171/Sq Ft Est. Value

Last Sold March 13, 2015

Last sale price $230,000 $106 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,198/month

15 Days on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • First Floor Utility Room
  • Grant Line School Rated A
  • Hydromassage or Jetted Bathtub
  • Formal Dining Room

About This Home

As of March 2015

Very unusual floor plan, lots of open space, 2 bedroom, 2 baths spacious columns in dining and arched entries. Barreled ceiling in entry. New range, tiled shower with glass outer walls & door in master bath. Large breakfast nook in kitchen and many other great features. Granite counter tops on kitchen.

Last Agent to Sell the Property

Larry Hayes

RE/MAX Associates of Louisvill License #RB14047985 Listed on: 02/11/2015

Last Buyer's Agent

Judy Gibson

Schuler Bauer Real Estate Services ERA Powered (N License #RB14019285

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,275

Year Built

  • Built in 2005

Lot Details

  • 6,316 Sq Ft Lot
  • Lot Dimensions are 53x140
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 2,175 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Family Room
  • Formal Dining Room
  • First Floor Utility Room
  • Utility Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Enclosed patio or porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220506400102000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,275

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Improvements: 158000
  • Annual Tax: 3275
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Deduction Type: Homestead Standard
  • Foundation: Poured Concrete
  • Land Assessment: 35100
  • Legal Description: SEC:121 DIST:0005 CITY/MUNI/TWP:NEW ALBANY TOWNSHIP P 1215 L 4 .1445 AC MAP REF:05-06-41
  • Lot Dimensions: 53x140
  • Numof Fireplaces: 1
  • Parcel Number: 220506400102000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 193100
  • Total Finished Square Footage: 2175
  • Type: 1 Story
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Above Grade Finished Sq Ft: 2175.00
  • Appliances: Dishwasher, Disposal, Garage Door Opener, Microwave, Range / Oven, Refrigerator, Water Softener
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Fireplace: Gas Burning
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Bath Master, Blinds, Built-In Bookcase, Cable Wired, Cath/Vaul/Tray Ceil, Ceiling Fan(s), Family Room, Formal Dining Rm, Jetted Tub, Kitchen Island, Open Floor Plan, Pantry, Utility/Mud Room, Walk-In Closet(s)
  • Lot Measurement: Acres
  • Lot Sq Ft: 6316.00
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 2175
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Enclosed Patio, Thermopane Windows

Garage/Parking

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

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Nat Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.1500
  • Lot Description: Cul-De-Sac
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2015
Closed on
Mar 16, 2015
Sold by
Olges Wayne L and Olges Elaine A
Bought by
Hale Carmin
Seller's Agent
Larry Hayes
RE/MAX Associates of Louisvill
Buyer's Agent
Judy Gibson
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Current Estimated Value
$372,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,560
Avg. Annual Appreciation
4.96%

Purchase Details

Closed on
Jan 27, 2006
Sold by
American Dream Builders Inc and Willham Wendell Lynn
Bought by
Olges Wayne L and Olges Elaine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,400
Interest Rate
6.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hale Carmin -- Kemp Title Agency Llc
Olges Wayne L -- None Available
American Dream Builders Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olges Wayne L $189,300
Previous Owner Olges Wayne L $211,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2015 03/13/15 Sold $230,000 -8.0% $106 / Sq Ft
02/26/2015 02/26/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $249,900 -- $115 / 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 $1,697 $224,900 $35,100 $189,800
2023 $1,697 $231,600 $35,100 $196,500
2022 $1,839 $233,800 $35,100 $198,700
2021 $1,682 $218,100 $35,100 $183,000
2020 $1,686 $220,300 $35,100 $185,200
2019 $1,650 $222,400 $35,100 $187,300
2018 $1,846 $245,900 $35,100 $210,800
2017 $1,760 $223,000 $35,100 $187,900
2016 $3,362 $223,000 $35,100 $187,900
2014 -- $196,700 $35,100 $161,600
2013 -- $193,100 $35,100 $158,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201501081

Southern Indiana REALTORS® Association

APN: 22-05-06-400-102.000-007