NOT LISTED FOR SALE

5025 Somerset Ln Columbus, IN 47201

Estimated Value: $535,000 - $825,000

4 Beds
3.5 Baths
3,759 Sq Ft
$182/Sq Ft Est. Value

Last Sold March 17, 2022

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

Est. 19% increase in value since last sale

Current estimated payment $4,299/month

4 Days on Market

Highlights

  • In Ground Pool
  • Great Room with Fireplace
  • Traditional Architecture
  • Columbus North High School Rated A
  • Vaulted Ceiling
  • Wood Flooring

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 Listed By

Brad Voegerl

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

RE/MAX Real Estate Prof

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
  • List Price: 559000
  • 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
  • Garage Sq Ft: 722

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%
Total Days on Market
4
Current Estimated Value
$682,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,864
Avg. Annual Appreciation
5.52%

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

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
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 Change Sq Ft Price
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
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

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21838249

MIBOR Broker Listing Cooperative®

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