NOT LISTED FOR SALE

3502 Lancaster Dr New Albany, IN 47150

Estimated Value: $321,000 - $357,000

4 Beds
3 Baths
2,876 Sq Ft
$118/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $300,000 $104 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,985/month

6 Days on Market

Highlights

  • Deck
  • Porch
  • 1-Story Property
  • Cathedral Ceiling
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of November 2023

Welcome to Lancaster Woods-established neighborhood in the heart of New Albany. The main level of this home welcomes you with an open floor plan that connects the kitchen, living room, and dining area, all under a wood vaulted ceiling, creating an inviting atmosphere for both everyday living and entertaining. Enjoy the convenience of split bedrooms, with the primary suite and two guest rooms situated on the main level and a 4th bedroom in the basement. The sun-drenched sunroom, located off the living room, is the perfect place to soak up natural light while enjoying your morning coffee or a good book. The walk-out lower level is a true bonus, offering a full bathroom, a spacious family room with two daylight windows, and a fourth bedroom with egress. The entire home has undergone a transformation with new appliances, granite countertops, fresh paint, tile flooring and LVP flooring throughout- making it a move-in-ready home. Close proximity to shopping, dining, and major area interstates, you'll have easy access to all the amenities you need. Don't miss your chance to make this beautifully renovated home your own. It's a rare find that combines the charm of an established neighborhood with the modern updates you desire. Contact us today to schedule a private viewing and discover the countless possibilities that await you in this Lancaster Woods gem. SQ ft and measurements are approx.

Last Agent to Sell the Property

Brittney Lowell

eXp Realty, LLC License #RB14049883 Listed on: 09/18/2023

eXp Realty, LLC

Last Buyer's Agent

Deborah Dye

eXp Realty, LLC License #RB14015141

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,054

Year Built

  • Built in 1985

Lot Details

  • 0.38 Acre Lot

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Poured Concrete
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 2,876 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0084350004

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,054

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Annual Tax: 5054
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Poured Concrete
  • Legal Description: P 908 L 4 .3789 AC.
  • Parcel Number: 0084350004
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total Finished Square Footage: 2876
  • Type: 1 Story
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Daylight, Finished, Full, Walkout
  • Above Grade Finished Sq Ft: 1636.00
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Interior Amenities: 1st Floor Master, Bath Master, Cath/Vaul/Tray Ceil, Ceiling Fan(s), Split Bedrooms
  • Lot Sq Ft: 16509.24
  • Sewer Type: Sewer
  • Total Sq Ft: 2876

Exterior Features

  • Exterior Features: Deck, Porch, Stone, Wood

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

Lot Info

  • Acres: 0.3790
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2024
Sold by
Krawchison John
Bought by
Loughmiller Joshua and Loughmiller Monica
Current Estimated Value
$338,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,475
Outstanding Balance
$225,710
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$113,090

Purchase Details

Closed on
Aug 20, 2019
Sold by
Floyd County Sheriff
Bought by
Krawchison John R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Loughmiller Joshua -- None Listed On Document
Krawchison John R $148,433 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loughmiller Joshua $229,475
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2023 11/02/23 Sold $300,000 0.0% $104 / Sq Ft
09/24/2023 09/24/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $299,900 -- $104 / 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 $2,425 $228,600 $31,600 $197,000
2023 $2,517 $233,500 $31,600 $201,900
2022 $5,062 $236,200 $31,600 $204,600
2021 $4,725 $218,700 $31,600 $187,100
2020 $2,362 $221,400 $31,600 $189,800
2019 $2,369 $221,800 $31,600 $190,200
2018 $2,467 $220,100 $31,600 $188,500
2017 $3,137 $219,400 $31,600 $187,800
2016 $2,135 $213,500 $31,600 $181,900
2014 $2,215 $221,500 $31,600 $189,900
2013 -- $215,300 $31,600 $183,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2023010507

Southern Indiana REALTORS® Association

APN: 22-05-02-200-829.000-008