NOT LISTED FOR SALE

4940 Somerset Ln Columbus, IN 47201

Estimated Value: $712,805 - $872,000

5 Beds
4.5 Baths
5,399 Sq Ft
$142/Sq Ft Est. Value

Last Sold June 18, 2019

Last sale price $587,000 $109 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,731/month

146 Days on Market

Highlights

  • In Ground Pool
  • Mature Trees
  • Traditional Architecture
  • Columbus North High School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of June 2019

Gorgeously updated home backing up to the woods with walkout basement. 5 Bdrms, 4.5 Baths, 3.5 Car Garage. New kitchen, new master bath, refinished hardwood floors, fresh paint and fixtures throughout. Quality built by Banister and designed by Bill Fox. Open layout with great entertaining spaces. Brand new 20x40 inground pool with sundeck, firepit area, and huge trex deck. 10 ft ceilings, Geothermal, 1.9 acres. Oversized garage, gas range, limited rules. Hoa fee $325/year

Last Listed By

Carrie Abfall

RE/MAX Real Estate Prof License #RB14022856 Listed on: 01/21/2019

RE/MAX Real Estate Prof

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,426

Year Built

  • Built in 2000

Lot Details

  • 1.91 Acre Lot
  • Mature Trees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Vaulted Ceiling
  • Wood Frame Window
  • Family Room with Fireplace
  • Wood Flooring
  • Fire and Smoke Detector
  • Basement

Kitchen

  • Double Oven
  • Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Fire Pit

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Septic Tank
  • Satellite Dish

Community Details

  • Association fees include home owners
  • Somerset Meadows Subdivision
  • Property managed by Somerset Meadows

Listing and Financial Details

  • Assessor Parcel Number 038509220000500020

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,426

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 2000
  • Garage Y N: Yes
  • Lot Size Acres: 1.91
  • Subdivision Name: SOMERSET MEADOWS
  • Inspection Warranties: Not Applicable
  • Property Description: Gorgeously updated home backing up to the woods with walkout basement. 5 Bdrms, 4.5 Baths, 3.5 Car Garage. New kitchen, new master bath, refinished hardwood floors, fresh paint and fixtures throughout. Quality built by Banister and designed by Bill Fox. Open layout with great entertaining spaces. Brand new 20x40 inground pool with sundeck, firepit area, and huge trex deck. 10 ft ceilings, Geothermal, 1.9 acres. Oversized garage, gas range, limited rules. Hoa fee $325/year
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: 9 feet+Ceiling, Walk-Out Access
  • Appliances: Dishwasher, Disposal, Microwave, Gas Oven, Double Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Vaulted Ceiling(s), Walk-in Closet(s), Hardwood Floors, Windows Wood, Wood Work Painted
  • Living Area: 5399
  • Other Equipment: Satellite Dish Rented, Smoke Detector
  • Room Count: 13
  • Areas Interior: Bath Jack-n-Jill,Bath Sinks Double Main,Foyer Large,Living Room - 2 Story,Laundry Room Main Level
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 3719
  • Main Level Sq Ft: 1876
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Sinks Double,Tub Full with Separate Shower
  • Total Sq Ft: 5399
  • Kitchen Features: Kitchen Updated,Pantry
  • Below Grade Sq Ft: 1680
  • Upper Level Sq Ft: 1843
  • Pct Optional Level Finished: 75+%
  • Optional Level Below Grade: Walk Out Basement

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fire Pit, In Ground Pool
  • Foundation Details: Concrete Perimeter
  • List Price: 619000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Patio

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Guest Parking Premises,Side Load Garage
  • Num Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Geothermal
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: Somerset Meadows

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Common
  • Mandatory Fee: 325

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 038509220000500020
  • Acres: 1-3 Acres
  • Lot Information: Tree Mature
  • Lot Number: 13
  • Lot Size: 83,200

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3426
  • Semi Annual Property Tax Amt: 1713
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Bartholomew Consolidated
  • Schools: Central Middle,Columbus North High,Mount Healthy Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2019
Closed on
Jun 14, 2019
Sold by
Rawlings Jason and Rawlings Heather
Bought by
Altmiller Jeanne E and Altmiller William S
Seller's Agent
Carrie Abfall
RE/MAX Real Estate Prof
Buyer's Agent
Vicky Gelfius
RE/MAX Real Estate Prof
List Price
$627,000
Sold Price
$587,000
Premium/Discount to List
-$40,000
-6.38%
Total Days on Market
146
Current Estimated Value
$766,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,935
Avg. Annual Appreciation
4.60%

Purchase Details

Listed on
Jul 13, 2017
Closed on
Jul 31, 2017
Sold by
Thomas Gethin D
Bought by
Jason and Heather
Seller's Agent
Vicky Gelfius
RE/MAX Real Estate Prof
Buyer's Agent
Carrie Abfall
RE/MAX Real Estate Prof
List Price
$565,000
Sold Price
$502,500
Premium/Discount to List
-$62,500
-11.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%

Purchase Details

Closed on
Apr 7, 2006
Sold by
Skelton Amanda and Skelton Craig
Bought by
Thomas Gethin D

Purchase Details

Closed on
Sep 20, 2002
Sold by
Banister Construction Inc
Bought by
Skelton Craig

Purchase Details

Closed on
May 4, 2000
Sold by
Somerset Development Corp
Bought by
Banister Thomas L and Banister Teresa L

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
Altmiller Jeanne E $587,000 Security Title Services
Jason $502,500 --
Rawlings Jason $502,500 Fidelity National Title
Thomas Gethin D -- Attorney
Skelton Craig $540,000 --
Banister Thomas L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2019 06/18/19 Sold $587,000 0.0% $109 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
04/26/2019 04/26/19 Off Market $587,000 -- --
03/21/2019 03/21/19 Price Changed $619,000 -1.3% $115 / Sq Ft
01/21/2019 01/21/19 For Sale $627,000 +24.8% $116 / Sq Ft
07/31/2017 07/31/17 Sold $502,500 -11.1% $103 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $565,000 -- $116 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $5,270 $633,900 $109,100 $524,800
2023 $4,271 $520,600 $109,100 $411,500
2022 $4,412 $495,700 $109,100 $386,600
2021 $4,247 $470,500 $87,300 $383,200
2020 $4,274 $468,500 $87,300 $381,200
2019 $3,771 $463,400 $87,300 $376,100
2018 $3,805 $464,900 $87,300 $377,600
2017 $3,454 $440,800 $84,600 $356,200
2016 $3,265 $445,000 $84,600 $360,400
2014 $3,488 $444,500 $84,600 $359,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21615506

MIBOR Broker Listing Cooperative®

APN: 03-85-09-220-000.500-020