$300,000
SOLD MAY 20, 2025

506 Park Ridge Rd Georgetown, IN 47122

4 Beds
2 Baths
1,970 Sq Ft
0.48 Acres

Recently Sold

$152 Per Sq Ft

10 Days on Market

Highlights

  • Barn
  • Above Ground Pool
  • Park or Greenbelt View
  • Georgetown Elementary School Rated A-
  • Deck
  • 2-minute walk to Garry E Cavan Park

About This Home

As of May 2025

Welcome to 506 Park Ridge Rd! Situated on a sprawling half-acre lot in Georgetown, this charmingsplit-level home offers exceptional space and modern updates. Featuring 4 comfortable bedrooms, 2full bathrooms, and the added flexibility of TWO bonus rooms – perfect for a home office, gym, orplayroom. Recent upgrades in 2023 include a new roof, vinyl siding, and a paved driveway,complemented by a 2022 water heater and replacement windows. Step outside to your private oasiswith a BRAND-NEW pool and deck installed in 2024 – ideal for summer fun and entertaining! Enjoyworry-free living with an included 2-10 SUPREME PACKAGE Home Warranty, offering comprehensivecoverage. Commuters will love the quick 15-minute drive to downtown Louisville via convenient I-64access. Located in desirable Floyd County with excellent area schools and close proximity to GarryE. Cavan Park, this home offers the perfect blend of space, updates, and location.

Last Agent to Sell the Property

Brett Mumaw

RE/MAX FIRST License #RB14041031 Listed on: 03/26/2025

RE/MAX FIRST

Last Buyer's Agent

Gregory Abati

Schuler Bauer Real Estate Services ERA Powered (N License #RB24001395

Schuler Bauer Real Estate Services ERA Powered  (N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $781

Year Built

  • Built in 1976

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 110x190
  • Fenced Yard

Parking

  • Driveway

Home Design

  • Bi-Level Home
  • Poured Concrete
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,970 Sq Ft Home
  • Family Room
  • Formal Dining Room
  • Park or Greenbelt Views

Kitchen

  • Self-Cleaning Oven
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Above Ground Pool
  • Deck

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Electric Water Heater
  • On Site Septic
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 220200200255000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$781

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Improvements: 100700
  • Annual Tax: 781
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Poured Concrete
  • Home Warranty Provided: 2-10
  • Land Assessment: 24800
  • Legal Description: P. 831 L. 4
  • Lot Dimensions: 110x190
  • Out Buildings: Barn(s)
  • Parcel Number: 220200200255000002
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 125500
  • Total Deduction Amnt: 76875
  • Total Finished Square Footage: 1970
  • Type: Bi Level
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Daylight, Finished, Full, Walkout
  • Above Grade Finished Sq Ft: 1010.00
  • Appliances: Clothes Dryer, Clothes Washer, Microwave, Oven Self Clean, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Interior Amenities: Cable Wired, Family Room, Formal Dining Rm
  • Lot Sq Ft: 20865.24
  • Room Count: 12
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1970
  • Total Rooms: 11

Exterior Features

  • Exterior Features: Deck, Fenced Yard, Paved Driveway, Pool - Above Ground, Vinyl Siding
  • Home Warranty: Yes

Utilities

  • Cooling Type: Central Air, Window A/C Unit(s)
  • Fuel Type: Electric
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.4790
  • Lot Description: Park-Like View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2016
Closed on
Aug 15, 2016
Sold by
Feller Ronald J and Feller Betty S
Bought by
Spalding James D and Spalding Laura
Seller's Agent
Derek Elbert
Keller Williams Realty Consultants
Buyer's Agent
Elizabeth Whittinghill
Schuler Bauer Real Estate Services ERA Powered
List Price
$149,900
Sold Price
$145,500
Premium/Discount to List
-$4,400
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
Original Mortgage
$142,864
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $294,566 New Conventional
Closed $294,566 New Conventional
Previous Owner $142,864 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Sold $300,000 0.0% $152 / Sq Ft
04/05/2025 04/05/25 Pending -- -- --
03/26/2025 03/26/25 For Sale $300,000 +106.2% $152 / Sq Ft
08/15/2016 08/15/16 Sold $145,500 -2.9% $91 / Sq Ft
07/05/2016 07/05/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $149,900 -- $93 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $796 $125,500 $24,800 $100,700
2023 $796 $127,900 $24,800 $103,100
2022 $857 $129,000 $24,800 $104,200
2021 $836 $127,100 $24,800 $102,300
2020 $821 $123,800 $24,800 $99,000
2019 $794 $123,800 $24,800 $99,000
2018 $758 $122,700 $24,800 $97,900
2017 $830 $122,000 $24,800 $97,200
2016 $782 $123,600 $24,800 $98,800
2014 $1,995 $106,600 $24,800 $81,800
2013 -- $103,900 $24,800 $79,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202506790

Southern Indiana REALTORS® Association

APN: 22-02-00-200-255.000-002