NOT LISTED FOR SALE

3115 Arbor Ridge Ln New Albany, IN 47150

Estimated Value: $419,945 - $450,000

3 Beds
3.5 Baths
3,914 Sq Ft
$111/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $279,900 $72 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,677/month

40 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • First Floor Utility Room
  • Grant Line School Rated A
  • Cathedral Ceiling
  • Formal Dining Room

About This Home

As of August 2020

HOME SWEET HOME! This spacious 3 bedroom, 3.5 bathroom patio home is awaiting a new owner. Inviting entry with built-ins sets the tone throughout. Corner gas fireplace opens up to the living room/formal dining room combo. Extra large eat-in kitchen with tons of countertop space, sitting space, and cabinetry. Enjoy your time on the deck, the covered patio, or the patio on the side. Lower level features the 3rd bedroom, full bathroom, office, and gigantic family room! Home has been freshened up with some paint. Located in quiet area that is conveniently located near dining, shopping, and east highway access. Sq ft & rm sz approx

Last Agent to Sell the Property

Tammy Hogan

Lopp Real Estate Brokers License #RB14041563 Listed on: 05/21/2020

Co-Listed By

Adam Hogan

Lopp Real Estate Brokers License #RB15000868

Last Buyer's Agent

Amy Dixon

Keller Williams Realty Consultants License #RB14041771

Keller Williams Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,527

Year Built

  • Built in 2006

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 51 x 110
  • Fenced Yard
  • Landscaped

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Patio Home
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 3,914 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Formal Dining Room
  • First Floor Utility Room

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 220506400126000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,527

Year Built

Built in 2006

Lot Details

0

HOA Fees

$19 per month

Parking

2

Listing Details

  • Improvements: 289200
  • Annual Tax: 2527
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Poured Concrete
  • Home Owner Assoc: 225
  • Land Assessment: 34400
  • Legal Description: P 1299 L 16 0.1233AC REPLAT OF 1215 & 1249
  • Lot Dimensions: 51 x 110
  • Numof Fireplaces: 1
  • Open House Count: 1
  • Parcel Number: 220506400126000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 323600
  • Total Deduction Amnt: 145510
  • Total Finished Square Footage: 3914
  • Type: 1 Story, Patio Home
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Finished, Full, Walkout
  • Above Grade Finished Sq Ft: 2060.00
  • Appliances: Dishwasher, Disposal, Garage Door Opener, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Fireplace: Gas Burning
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Cable Wired, Cath/Vaul/Tray Ceil, Ceiling Fan(s), Eat-In Kitchen, Family Room, Formal Dining Rm, Kitchen Island, Open Floor Plan, Walk-In Closet(s)
  • Lot Sq Ft: 5227.20
  • Room Count: 11
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 3914
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Deck, Fenced Yard, Landscaped, Patio, Paved Driveway

Garage/Parking

  • Garage Type: Attached, Front Entry
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Condo/Co-op/Association

  • HOA: Yearly

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.1200
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Aug 17, 2020
Sold by
Lester Marvin R
Bought by
Minett Brandon and Minett Kenneth L
Seller's Agent
Tammy Hogan
Lopp Real Estate Brokers
Buyer's Agent
Amy Dixon
Keller Williams Realty Consultants
List Price
$279,900
Sold Price
$279,900
Total Days on Market
40
Current Estimated Value
$434,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,586
Avg. Annual Appreciation
8.27%
Original Mortgage
$274,829
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2006
Sold by
American Dream Builders Inc
Bought by
Lester Marvin R and Lester Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.5%
Mortgage Type
Assumption
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
Minett Brandon -- None Available
Lester Marvin R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minett Brandon L $283,000
Closed Minett Brandon L $20,000
Closed Minett Brandon $274,829
Previous Owner Lester Marvin R $193,000
Previous Owner Lester Marvin R $196,500
Previous Owner Lester Marvin R $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $279,900 0.0% $72 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $279,900 0.0% $72 / Sq Ft
06/16/2020 06/16/20 Price Changed $279,900 -5.1% $72 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $294,900 -- $75 / 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 $2,628 $324,500 $34,400 $290,100
2023 $2,628 $334,600 $34,400 $300,200
2022 $2,843 $341,500 $34,400 $307,100
2021 $2,599 $317,100 $34,400 $282,700
2020 $2,582 $320,400 $34,400 $286,000
2019 $2,527 $323,600 $34,400 $289,200
2018 $2,850 $359,800 $34,400 $325,400
2017 $2,695 $324,400 $34,400 $290,000
2016 $2,485 $324,400 $34,400 $290,000
2014 $2,433 $287,200 $34,400 $252,800
2013 -- $281,500 $34,400 $247,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202007916

Southern Indiana REALTORS® Association

APN: 22-05-06-400-126.000-007