Seller's Agent in 2021
Pat Groves
Schuler Bauer Real Estate Services ERA Powered (N
(502) 548-0496
1 in this area
95 Total Sales
3120 Gap Hollow Rd New Albany, IN 47150
Franklin Neighborhood
4
Beds
1.5
Baths
2,400
Sq Ft
3.4
Acres
Highlights
- 3.4 Acre Lot
- Pole Barn
- Formal Dining Room
- Pond
- Park or Greenbelt View
- 4 Car Detached Garage
About This Home
As of June 2021WELCOME HOME!! Check this out before it's gone! This Country Charmer is quietly located less then 5 minutes from New Albany just off of Highway 11. Have a seat on the front or rear covered porch and enjoy the view of the 3.4 acres. The home features include a family room with fireplace, dining room, eat in kitchen with bar, two bedrooms and a nice living room all on the main floor! The upstairs has two large rooms currently used as bedrooms. Full unfinished basement too.
The outside is grand with two large out buildings for the toys if needed. Basketball goal is ready for a game of hoops! Many mature trees abound on this property but are trimmed to allow natural light through. Yes there is even a fully stocked pond!!
Please note current owner has lived there for 40+ years and is down sizing. Home is being sold as is but inspections are welcome at buyers expense.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $626
Year Built
- Built in 1950
Lot Details
- 3.4 Acre Lot
Parking
- 4 Car Detached Garage
- Garage Door Opener
Interior Spaces
- 2,400 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Blinds
- Family Room
- Formal Dining Room
- Park or Greenbelt Views
- Unfinished Basement
Kitchen
- Eat-In Kitchen
- Oven or Range
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Pond
- Pole Barn
Utilities
- Forced Air Heating and Cooling System
- Liquid Propane Gas Water Heater
- On Site Septic
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 220502000047000007
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%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,284
Avg. Annual Appreciation
5.98%
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Agency Title | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $258,875 | New Conventional | |
| Previous Owner | $196,000 | VA |
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
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
-
Matt Fowler
Buyer's Agent in 2021
Matt Fowler
Semonin Realty
(502) 727-2384
1 in this area
229 Total Sales
-
Dave Balmer
Seller's Agent in 2018
Dave Balmer
RE/MAX
(502) 648-4080
71 Total Sales
Map
Source: Southern Indiana REALTORS® Association
MLS Number: 201809959
APN: 22-05-02-000-047.000-007
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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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