NOT LISTED FOR SALE

3120 Gap Hollow Rd New Albany, IN 47150

Franklin Neighborhood

Estimated Value: $326,000 - $367,000

4 Beds
1.5 Baths
1,946 Sq Ft
$181/Sq Ft Est. Value

Last Sold June 23, 2021

Last sale price $272,500 $140 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,120/month

8 Days on Market

Highlights

  • 3.4 Acre Lot
  • Pond
  • Corner Lot
  • Wood Burning Stove
  • Park or Greenbelt View
  • Covered patio or porch

About This Home

As of June 2021

What a property!! 4/5 Bedroom 1.5 bath home on 3.4 acres and a stocked pond ready for your love of fishing! This Country home is located less then 5 minutes from New Albany. Features include a family room with fireplace, dining room, kitchen, 2/3 bedrooms on the first floor with an open closet concept and a living room currently being used as a bedroom. Updates include, remodel & expanded the hall bathroom, installed larger gas water heater, remodeled 2nd floor, remodeled kitchen with new cabinets, countertops, sink, flooring, kitchen island, stove, hood, new outlets and switches throughout, new light fixtures/fans in bedrooms. New carpet in the bedrooms and second floor. New sump pump added, new toilets, new water line to yard hydrant next to garden shed. Built garden shed & chicken coop. Fenced back portion of property. Removed some dead trees. Ready for the new owners. You’ll find 2 additional bedrooms and a loft area on the 2nd floor! Also includes a full unfinished basement. The outside you’ll find 2 out buildings (detached garage & barn), basketball goal, front and back porch and of course the fishing pond. Check it out! Sq ft & rm sz approx.

Last Listed By

Pat Groves

Schuler Bauer Real Estate Services ERA Powered (N License #RB14038995 Listed on: 05/09/2021

Schuler Bauer Real Estate Services ERA Powered (N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,141

Year Built

  • Built in 1950

Lot Details

  • 3.4 Acre Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,946 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Blinds
  • Family Room
  • Formal Dining Room
  • Park or Greenbelt Views
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Liquid Propane Gas Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 220502000047000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,141

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Improvements: 132200
  • Annual Tax: 1141
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Land Assessment: 51700
  • Legal Description: SE 1/4 20-3-6 3.40 AC.
  • Lot Dimensions: see lot size
  • Numof Fireplaces: 1
  • Open House Count: 1
  • Out Buildings: Garage
  • Parcel Number: 220502000047000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 183900
  • Total Deduction Amnt: 108450
  • Total Finished Square Footage: 1946
  • Type: 1.5 Story, 2 Story
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Water Heater: Lp Gas
  • Basement Type: Unfinished
  • Above Grade Finished Sq Ft: 1946.00
  • Appliances: Clothes Dryer, Clothes Washer, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Fireplace: Woodburning
  • Interior Amenities: Blinds, Built-In Bookcase, Eat-In Kitchen, Family Room, Formal Dining Rm, Kitchen Island, Sump Pump, Walk-In Closet(s), Wood Stove
  • Lot Sq Ft: 148104.00
  • Room Count: 11
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1946
  • Total Rooms: 9

Exterior Features

  • Exterior Features: Covered Patio, Covered Porch, Patio, Paved Driveway, Porch, Vinyl Siding

Garage/Parking

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

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric, Lp Gas
  • Heat Type: Forced Air
  • Water: Pond
  • Water Type: Public Onsite

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 3.4000
  • Lot Description: Corner Lot, Park-Like View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2021
Closed on
Jun 23, 2021
Sold by
Summer Eric W and Summer Nona E
Bought by
Rodriguez Martin Vera
Seller's Agent
Pat Groves
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Matt Fowler
Semonin REALTORS
List Price
$299,900
Sold Price
$272,500
Premium/Discount to List
-$27,400
-9.14%
Total Days on Market
8
Current Estimated Value
$351,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,042
Avg. Annual Appreciation
6.51%
Original Mortgage
$258,875
Outstanding Balance
$238,424
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$110,545

Purchase Details

Listed on
Jun 28, 2018
Closed on
Oct 16, 2018
Sold by
Moore Donald L
Bought by
Summer Eric W and Summer Nona E
Seller's Agent
Dave Balmer
RE/MAX FIRST
Buyer's Agent
Pat Groves
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$199,000
Sold Price
$196,000
Premium/Discount to List
-$3,000
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.03%
Original Mortgage
$196,000
Interest Rate
4.5%
Mortgage Type
VA

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
Rodriguez Martin Vera -- Agency Title
Summer Eric W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Martin Vera $55,800
Open Rodriguez Martin Vera $258,875
Closed Vera Rodriguez Martin $258,875
Previous Owner Summer Eric W $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2021 06/23/21 Sold $272,500 -4.4% $140 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/14/2021 05/14/21 Price Changed $285,000 -5.0% $146 / Sq Ft
05/09/2021 05/09/21 For Sale $299,900 +53.0% $154 / Sq Ft
10/16/2018 10/16/18 Sold $196,000 -1.5% $82 / Sq Ft
08/11/2018 08/11/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $199,000 -- $83 / 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 $1,938 $243,400 $51,700 $191,700
2023 $1,938 $222,200 $51,700 $170,500
2022 $1,837 $206,100 $51,700 $154,400
2021 $1,077 $177,900 $51,700 $126,200
2020 $1,141 $183,900 $51,700 $132,200
2019 $1,106 $184,000 $51,700 $132,300
2018 $868 $173,100 $51,700 $121,400
2017 $1,213 $163,200 $51,700 $111,500
2016 $1,123 $162,900 $51,700 $111,200
2014 $1,149 $152,800 $51,700 $101,100
2013 -- $146,900 $51,700 $95,200
Source: Public Records

Agents Affiliated with this Home

  • Pat Groves

    Seller's Agent in 2021

    Pat Groves

    Schuler Bauer Real Estate Services ERA Powered (N

    (502) 548-0496

    1 in this area

    102 Total Sales

    Pat Groves
    Section Image
  • Matt Fowler

    Buyer's Agent in 2021

    Matt Fowler

    Semonin Realty

    (502) 727-2384

    1 in this area

    251 Total Sales

    Matt Fowler
    Section Image
  • Dave Balmer

    Seller's Agent in 2018

    Dave Balmer

    RE/MAX

    (502) 648-4080

    93 Total Sales

    Dave Balmer
    Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202107613

Southern Indiana REALTORS® Association

APN: 22-05-02-000-047.000-007

Indiana Floyd County New Albany 47150 Franklin

3120 Gap Hollow Rd, New Albany, IN

Homes for Sale in New Albany, IN

This home is located at 3120 Gap Hollow Rd, New Albany, IN 47150 since 09 May 2021 and is currently estimated at $351,542, approximately $180 per square foot. This property was built in 1950. 3120 Gap Hollow Rd is a home located in Floyd County with nearby schools including S. Ellen Jones Elementary School, Nathaniel Scribner Middle School, and New Albany Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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