NOT LISTED FOR SALE

5020 Somerset Ln Columbus, IN 47201

Estimated Value: $808,000 - $973,000

5 Beds
3.5 Baths
5,170 Sq Ft
$168/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $670,000 $130 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,410/month

40 Days on Market

Highlights

  • 2 Fireplaces
  • 3 Car Attached Garage
  • Central Air
  • Columbus North High School Rated A
  • 1-Story Property

About This Home

As of June 2020

GORGEOUS RANCH BUILT BY BANISTER WITH LUXURY FINISHES AND OPEN LAYOUT. GOURMET KITCHEN WITH CHERRY CABINETS, GRANITE COUNTERTOPS, BUILT IN DESK, HARDWOOD FLOORS, AND TWO WALK-IN PANTRIES. VAULTED GREAT ROOM WITH FIREPLACE. MASTER HAS CUSTOM CLOSETS, SHOWER, JETTED TUB, DOUBLE VANITIES AND DRESSING TABLE. WALKOUT BASEMENT HAS 2ND KITCHEN, 1 FULL AND 1 HALF BATH, BEDROOM 4 WITH PRIVATE EN-SUITE. MEDIA ROOM, OFFICE, LARGE FAMILY ROOM WITH 2ND FIREPLACE. BACKYARD WITH SPORTS COURT, DECK, SCREENED PORCH, INGROUND POOL WITH AUTO COVER. 2.68 ACRES. BACKYARD VIEWS ARE PRIVATE AND BEAUTIFUL.

Last Listed By

Carrie Abfall

RE/MAX Real Estate Prof License #RB14022856 Listed on: 03/12/2020

RE/MAX Real Estate Prof

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,816

Year Built

  • Built in 2001

Lot Details

  • 2.68 Acre Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,170 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Gas Log Fireplace
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Central Air
  • Septic Tank

Community Details

  • Association fees include builder controls association home owners entrance common
  • Somerset Meadows Subdivision
  • Property managed by SOMERSET MEADOWS HOA

Listing and Financial Details

  • Assessor Parcel Number 038509230000200020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,816

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts&Crafts/Craftsman,Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2001
  • Garage Y N: Yes
  • Lot Size Acres: 2.68
  • Subdivision Name: SOMERSET MEADOWS
  • Inspection Warranties: Not Applicable
  • Property Description: GORGEOUS RANCH BUILT BY BANISTER WITH LUXURY FINISHES AND OPEN LAYOUT. GOURMET KITCHEN WITH CHERRY CABINETS, GRANITE COUNTERTOPS, BUILT IN DESK, HARDWOOD FLOORS, AND TWO WALK-IN PANTRIES. VAULTED GREAT ROOM WITH FIREPLACE. MASTER HAS CUSTOM CLOSETS, SHOWER, JETTED TUB, DOUBLE VANITIES AND DRESSING TABLE. WALKOUT BASEMENT HAS 2ND KITCHEN, 1 FULL AND 1 HALF BATH, BEDROOM 4 WITH PRIVATE EN-SUITE. MEDIA ROOM, OFFICE, LARGE FAMILY ROOM WITH 2ND FIREPLACE. BACKYARD WITH SPORTS COURT, DECK, SCREENED PORCH, INGROUND POOL WITH AUTO COVER. 2.68 ACRES. BACKYARD VIEWS ARE PRIVATE AND BEAUTIFUL.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: 9 feet+Ceiling,Finished,Walk-Out Access
  • Appliances: Electric Cooktop,Dishwasher,Dryer,Disposal,MicroHood,Electric Oven,Double Oven,Refrigerator,Washer
  • Levels: One
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • Interior Amenities: Attic Pull Down Stairs,Ceiling Raised,Walk-in Closet(s),Hardwood Floors,Windows Wood,Wood Work Painted
  • Living Area: 5170
  • Other Equipment: Security Alarm Paid,Sump Pump,WetBar,Water-Softener Owned
  • Room Count: 14
  • Areas Interior: Bath Sinks Double Main,Foyer Large,Laundry Room Main Level
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2585
  • Main Level Sq Ft: 2585
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Handicap Accessible,Tub Full with Separate Shower
  • Total Sq Ft: 5170
  • Kitchen Features: Breakfast Bar,Kitchen Eat In,Pantry
  • Below Grade Sq Ft: 2585
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt,Fire Pit,Pool In Ground
  • Foundation Details: Concrete Perimeter
  • List Price: 695000
  • Association Maintained Building Exterior: 0
  • Porch: Multiple Decks,Screened in Porch

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Guest Parking Premises,Side Load Garage
  • Garage Sq Ft: 725

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air,Geothermal
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: SOMERSET MEADOWS HOA

Fee Information

  • Association Fee Includes: Association Builder Controls,Association Home Owners,Entrance Common
  • Mandatory Fee: 315

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 038509230000200020
  • Acres: 1-3 Acres
  • Lot Information: Creek On Property,Rural In Subdivision,Tree Mature
  • Lot Number: 17
  • Lot Size: 116,741

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 4816
  • Semi Annual Property Tax Amt: 2408
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

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
Mar 12, 2020
Closed on
Jun 30, 2020
Sold by
Everett Stephanie A and Lee-Everett Jenneth
Bought by
Peterson Stephen E and Peterson Kathleen R
Seller's Agent
Carrie Abfall
RE/MAX Real Estate Prof
Buyer's Agent
Brad Voegerl
RE/MAX Real Estate Prof
List Price
$695,000
Sold Price
$670,000
Premium/Discount to List
-$25,000
-3.6%
Total Days on Market
40
Current Estimated Value
$868,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,458
Avg. Annual Appreciation
5.44%

Purchase Details

Listed on
May 11, 2018
Closed on
Jun 19, 2019
Sold by
Thomas J Thornsburg Ret
Bought by
Artnak-Everett Stephanie and Everett Kenneth L
Seller's Agent
Vicky Gelfius
RE/MAX Real Estate Prof
Buyer's Agent
Bev Roberts
CENTURY 21 Breeden REALTORS®
List Price
$750,000
Sold Price
$653,250
Premium/Discount to List
-$96,750
-12.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.51%

Purchase Details

Closed on
Feb 12, 2016
Sold by
Thornburg Thomas J and Thornburg Stephanie A
Bought by
Thomas J Thornburg Revocable Trust and Thornburg Stephanie A

Purchase Details

Closed on
Aug 31, 1999
Sold by
Somerset Development Corp
Bought by
Thornburg Thomas and Thornburg Stephanie

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 Buyer Sale Price Title Company
Peterson Stephen E $670,000 Security Title Services
Artnak-Everett Stephanie -- --
Thomas J Thornburg Revocable Trust -- Attorney
Thornburg Thomas $66,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $670,000 -3.6% $130 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $695,000 +6.4% $134 / Sq Ft
06/24/2019 06/24/19 Sold $653,250 -3.2% $126 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
04/12/2019 04/12/19 Price Changed $675,000 -5.6% $131 / Sq Ft
11/19/2018 11/19/18 Price Changed $715,000 -4.7% $138 / Sq Ft
08/21/2018 08/21/18 For Sale $750,000 +14.8% $145 / Sq Ft
08/20/2018 08/20/18 Off Market $653,250 -- --
07/24/2018 07/24/18 Price Changed $750,000 -3.2% $145 / Sq Ft
06/19/2018 06/19/18 Price Changed $775,000 -3.0% $150 / Sq Ft
05/11/2018 05/11/18 For Sale $799,000 -- $155 / 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 $6,591 $720,400 $116,800 $603,600
2023 $5,901 $646,300 $116,800 $529,500
2022 $6,075 $610,300 $116,800 $493,500
2021 $6,175 $601,100 $93,400 $507,700
2020 $6,077 $589,600 $93,400 $496,200
2019 $5,392 $580,100 $93,400 $486,700
2018 $4,814 $522,700 $93,400 $429,300
2017 $4,735 $512,000 $88,400 $423,600
2016 $4,512 $519,200 $88,400 $430,800
2014 $4,849 $514,100 $88,400 $425,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21698454

MIBOR Broker Listing Cooperative®

APN: 03-85-09-230-000.200-020