NOT LISTED FOR SALE

5025 Somerset Ln Columbus, IN 47201

Estimated Value: $589,000 - $704,231

4 Beds
3.5 Baths
3,759 Sq Ft
$176/Sq Ft Est. Value

Last Sold March 17, 2022

Last sale price $575,000 $153 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,968/month

4 Days on Market

Highlights

  • In Ground Pool
  • 1.42 Acre Lot
  • Vaulted Ceiling
  • Columbus North High School Rated A
  • Great Room with Fireplace
  • Traditional Architecture

About This Home

As of March 2022

GORGEOUS 4BR, 3.5BA RANCH HOME ON 1.4 AC BUILT BY BANISTER W/LUXURY FINISHES! ENTERTAINER'S DREAM HOME: HUGE SCREENED PORCH, LGE STAMPED PATIO, INGROUND POOL W/AUTO COVER. BEAUTIFULLY DETAILED EXTERIOR WITH BRICK & STONE W/WAINSCOTTING DESIGN. 12 FT CEILINGS, BUILT-IN BOOKSHELVES, CUBBIES IN LAUNDRY ROOM, HOME OFFICE, ARCHED OPENINGS & SURROUND SOUND. MASTER SUITE W/WALK IN CLOSET, LGE WALK IN SHOWER & HIS/HER VANITIES. KITCHEN W/CHERRY CABINETS, PROFESSIONAL GRADE APPLIANCES, & GRANITE & CORIAN COUNTERTOPS. RECENT IMPROVEMENTS INCLUDE: WATER HEATER, POOL PUMP & FILTER, LANDSCAPE LIGHTING IN FRONT & PORCH CEILING FANS.

Last Agent to Sell the Property

Brad Voegerl

RE/MAX Real Estate Prof Listed on: 02/16/2022

RE/MAX Real Estate Prof

Last Buyer's Agent

Paul Furber

Carpenter, REALTORS®

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,454

Year Built

  • Built in 2003

Lot Details

  • 1.42 Acre Lot
  • Sprinkler System

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 3,759 Sq Ft Home
  • 1-Story Property
  • Sound System
  • Built-in Bookshelves
  • Woodwork
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Window Screens
  • Great Room with Fireplace
  • 2 Fireplaces
  • Finished Basement
  • 9 Foot Basement Ceiling Height

Kitchen

  • Gas Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Programmable Thermostat
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Association fees include maintenance
  • Somerset Meadows Subdivision
  • Property managed by SOMERSET MEADOWS

Listing and Financial Details

  • Assessor Parcel Number 038509230000800020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,454

Year Built

Built in 2003

Lot Details

0

HOA Fees

$29 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 2003
  • Building Area Total: 3759
  • Garage Y N: Yes
  • Lot Size Acres: 1.42
  • Subdivision Name: SOMERSET MEADOWS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Finished Ceiling, Finished
  • Appliances: Dishwasher, Microwave, Gas Oven, Refrigerator, Kitchen Exhaust
  • Levels: One
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter, Great Room, Woodburning Fireplce
  • Fireplaces: 2
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Walk-in Closet(s), Hardwood Floors, Screens Complete, Wood Work Painted
  • Other Equipment: CO Detectors, Smoke Detector, Surround Sound, Programmable Thermostat
  • Areas Interior: Bath Jack-n-Jill,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: 2506
  • Main Level Sq Ft: 2506
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double
  • Kitchen Features: Center Island
  • Below Grade Sq Ft: 1253
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt, In Ground Pool, Irrigation System
  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Screened in Porch

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: High Speed Internet Avail
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Management Company Name: SOMERSET MEADOWS

Fee Information

  • Association Fee Includes: Entrance Common, Maintenance

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 038509230000800020
  • Acres: 1-3 Acres
  • Lot Information: Cul-De-Sac,Tree Mature
  • Lot Number: 2
  • Lot Size: 61,855

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 4454
  • Semi Annual Property Tax Amt: 2227
  • 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
Feb 16, 2022
Closed on
Mar 17, 2022
Sold by
Opalka Maureen K
Bought by
Aranega Jean Francois Henri
Seller's Agent
Brad Voegerl
RE/MAX Real Estate Prof
Buyer's Agent
Paul Furber
Carpenter, REALTORS®
List Price
$559,000
Sold Price
$575,000
Premium/Discount to List
$16,000
2.86%
Current Estimated Value
$661,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,058
Avg. Annual Appreciation
3.84%

Purchase Details

Listed on
Dec 1, 2015
Closed on
May 27, 2016
Sold by
Niehus W Patrick and Niehus Valerie H
Bought by
Opalka Joseph F and Opalka Maureen K
Seller's Agent
Carrie Abfall
RE/MAX Real Estate Prof
Buyer's Agent
Rodney Finke
List Price
$545,000
Sold Price
$465,000
Premium/Discount to List
-$80,000
-14.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.72%

Purchase Details

Closed on
May 19, 2003
Sold by
Somerset Development Corp
Bought by
Banister Thomas L and Banister Teresa L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Aranega Jean Francois Henri $575,000 Security Title Services
Opalka Joseph F -- Attorney
Banister Thomas L $56,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2022 03/17/22 Sold $575,000 +2.9% $153 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $559,000 +20.2% $149 / Sq Ft
05/27/2016 05/27/16 Sold $465,000 0.0% $122 / Sq Ft View Prior Sale
05/13/2016 05/13/16 Off Market $465,000 -- --
04/27/2016 04/27/16 Pending -- -- --
04/04/2016 04/04/16 Price Changed $499,800 -6.6% $131 / Sq Ft
03/28/2016 03/28/16 Price Changed $535,000 -1.8% $141 / Sq Ft
12/01/2015 12/01/15 For Sale $545,000 -- $143 / 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 $5,376 $609,400 $104,200 $505,200
2023 $4,535 $522,000 $104,200 $417,800
2022 $4,689 $497,400 $104,200 $393,200
2021 $4,495 $464,600 $83,400 $381,200
2020 $4,452 $455,600 $83,400 $372,200
2019 $3,941 $450,700 $83,400 $367,300
2018 $4,038 $454,800 $83,400 $371,400
2017 $4,180 $463,800 $82,100 $381,700
2016 $3,967 $469,200 $82,100 $387,100
2014 $3,778 $418,700 $82,100 $336,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21838249

MIBOR Broker Listing Cooperative®

APN: 03-85-09-230-000.800-020