$502,500
SOLD JUL 31, 2017

4940 Somerset Ln Columbus, IN 47201

5 Beds
4.5 Baths
4,864 Sq Ft
1.91 Acres

Recently Sold

$103 Per Sq Ft

11% Below List Price

Highlights

  • Cathedral Ceiling
  • Thermal Windows
  • Walk-In Closet
  • Columbus North High School Rated A
  • Woodwork
  • Garage

About This Home

As of June 2019

This lovely custom built home has a fabulous open floor plan and features Belden brick and cement board exterior, covered front porch, 3.5 car garage, sprinkler, central vac, gourmet kitchen, and efficient geothermal zoned heating. Spacious master bedroom suite with 2nd washer/dryer hook-up. Kitchenette in basement is great for entertaining or guest quarters. LP gas is only for cooking and fireplace.

Last Agent to Sell the Property

Vicky Gelfius

RE/MAX Real Estate Prof License #RB14027956

RE/MAX Real Estate Prof

Last Buyer's Agent

Carrie Abfall

RE/MAX Real Estate Prof

RE/MAX Real Estate Prof

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,250

Year Built

  • Built in 2000

Lot Details

  • 1.91 Acre Lot

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Thermal Windows
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Convection Oven
  • Gas Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Finished Basement

  • Sump Pump
  • Basement Lookout

Parking

  • Garage
  • Driveway

Utilities

  • Geothermal Heating and Cooling
  • Septic Tank
  • High Speed Internet
  • Satellite Dish

Community Details

  • Somerset Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038509220000500020

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,250

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemp, Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 2000
  • Garage Y N: Yes
  • Lot Size Acres: 1.91
  • Subdivision Name: SOMERSET MEADOWS
  • Inspection Warranties: Not Applicable
  • Property Description: This lovely custom built home has a fabulous open floor plan and features Belden brick and cement board exterior, covered front porch, 3.5 car garage, sprinkler, central vac, gourmet kitchen, and efficient geothermal zoned heating. Spacious master bedroom suite with 2nd washer/dryer hook-up. Kitchenette in basement is great for entertaining or guest quarters. LP gas is only for cooking and fireplace.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: 9 feet+Ceiling, Finished, Walk-Out Access, Daylight/Lookout Windows
  • Appliances: Dishwasher, Disposal, Kit Exhaust, Gas Oven, Convection Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), Raised Ceiling(s), Walk-in Closet(s), Windows Thermal, Wood Work Painted
  • Living Area: 4864
  • Other Equipment: Central Vacuum, Satellite Dish Paid, Smoke Detector, Sump Pump, WetBar
  • Room Count: 13
  • Areas Interior: Foyer Large,Laundry Room Main Level,Laundry Room Upstairs
  • Eating Area: Breakfast Bar,Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 3184
  • Main Level Sq Ft: 1680
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double,Suite,Tub Whirlpool
  • Total Sq Ft: 4864
  • Below Grade Sq Ft: 1680
  • Upper Level Sq Ft: 1504
  • Pct Optional Level Finished: 75+%
  • Optional Level Below Grade: Walk Out Basement

Exterior Features

  • Construction Materials: Brick, Other
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Concrete Perimeter
  • List Price: 565000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Fuel: Electric,Propane
  • Garage Parking Description: 3 Car Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Side Load Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Geothermal
  • Heating: Geothermal
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: High Speed Internet Avail
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 038509220000500020
  • Acres: 1-3 Acres
  • Lot Information: Cul-De-Sac,Rural In Subdivision
  • Lot Number: 13
  • Lot Size: 1.91 Acres

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3250
  • Semi Annual Property Tax Amt: 1625
  • 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
0
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

Map

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 Type Sale Price Title Company
Warranty Deed $587,000 Security Title Services
Deed $502,500 --
Warranty Deed $502,500 Fidelity National Title
Warranty Deed -- Attorney
Warranty Deed $540,000 --
Corporate Deed -- --
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

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

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21500042

MIBOR Broker Listing Cooperative®

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