3120 Gap Hollow Rd New Albany, IN 47150
Franklin Neighborhood
4
Beds
1.5
Baths
1,946
Sq Ft
3.4
Acres
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 2021What 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 Agent to Sell the Property
Schuler Bauer Real Estate Services ERA Powered (N License #RB14038995
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
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
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
Map
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Similar Homes in New Albany, IN
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 | $55,800 | Credit Line Revolving | |
| Open | $258,875 | New Conventional | |
| Closed | $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
| 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
Source: Southern Indiana REALTORS® Association
MLS Number: 202107613
APN: 22-05-02-000-047.000-007
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.
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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