5107 Knollwood Ln Anderson, IN 46011
Estimated payment $3,151/month
Highlights
- Very Popular Property
- Vaulted Ceiling
- Backs to Open Ground
- Open Floorplan
- Traditional Architecture
- Wood Flooring
About This Home
Impeccably Maintained 5-Bedroom Luxury Home with Apartment Suite This exquisite 5-bedroom, 4 full bath, 2 half bath residence offers nearly 5,500 sq. ft. of beautifully designed living space, plus an apartment suite above the oversized 1,223 sq. ft. garage/workshop—ideal for guests, extended family, or rental income. Meticulously cared for, the current owners have invested over $280,000 in upgrades over the past decade, making this home truly move-in ready. Professionally landscaped and featuring an irrigation system, the grounds perfectly complement the home’s exceptional curb appeal. The high-end custom kitchen features premium finishes and appliances, opening to the inviting family room and overlooking the expansive back patio. Adjacent to the family room and patio, a sun-filled sunroom offers the perfect spot for morning coffee or year-round enjoyment. The main level also includes amazing brazilian cherry hardwood floors, a luxurious primary suite with a spa-like en suite bath and private balcony, a second bedroom, a spacious living room currently used as an office, a formal dining room, a sitting room, a breakfast nook, a guest full bath, a half bath, and a laundry room. Upstairs, you’ll find two bedrooms—each with its own private bath—along with a loft/sitting room (currently under construction) and a generous storage area. The finished walkout basement enhances the home’s versatility with an open layout featuring a stylish bar, wine cellar, additional storage, and abundant space for entertaining, recreation, or hobbies. Exceptional storage is found throughout, and the expansive back patio is perfect for gatherings or quiet relaxation. The private-entry apartment suite above the garage adds incredible flexibility to this remarkable property, offering endless possibilities for its next owner.
Listing Agent
RE/MAX Real Estate Groups Brokerage Phone: 765-425-6800 Listed on: 12/02/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,203
Year Built
- Built in 1973
Lot Details
- 0.35 Acre Lot
- Lot Dimensions are 192x192
- Backs to Open Ground
- Rural Setting
- Landscaped
- Irrigation
- Property is zoned R-1 Residential District
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Off-Street Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 1.5-Story Property
- Open Floorplan
- Wet Bar
- Bar
- Crown Molding
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- 1 Fireplace
- Entrance Foyer
- Formal Dining Room
- Workshop
- Utility Room in Garage
- Storage In Attic
- Fire and Smoke Detector
Kitchen
- Breakfast Area or Nook
- Solid Surface Countertops
- Built-In or Custom Kitchen Cabinets
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- In-Law or Guest Suite
- Double Vanity
- Bathtub With Separate Shower Stall
- Garden Bath
Laundry
- Laundry Room
- Laundry on main level
- Washer and Electric Dryer Hookup
Partially Finished Basement
- Walk-Out Basement
- Block Basement Construction
- Crawl Space
Outdoor Features
- Balcony
- Covered Patio or Porch
Schools
- Frankton Elementary And Middle School
- Frankton High School
Utilities
- Multiple cooling system units
- Forced Air Heating and Cooling System
- Multiple Heating Units
- Heating System Uses Gas
- Private Company Owned Well
- Well
- Septic System
Community Details
- Rose Hill / Rosehill Subdivision
Listing and Financial Details
- Assessor Parcel Number 48-11-05-200-043.000-016
- Seller Concessions Not Offered
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $3,203 | $320,300 | $22,000 | $298,300 |
| 2024 | $3,203 | $320,300 | $22,000 | $298,300 |
| 2023 | $2,923 | $292,000 | $21,000 | $271,000 |
| 2022 | $2,910 | $290,700 | $19,700 | $271,000 |
| 2021 | $2,739 | $274,200 | $19,700 | $254,500 |
| 2020 | $2,614 | $261,700 | $18,800 | $242,900 |
| 2019 | $1,355 | $254,600 | $18,800 | $235,800 |
| 2018 | $2,375 | $237,100 | $17,400 | $219,700 |
| 2017 | $2,375 | $237,100 | $17,400 | $219,700 |
| 2016 | $2,869 | $286,400 | $17,400 | $269,000 |
| 2014 | $2,904 | $290,000 | $17,400 | $272,600 |
| 2013 | $2,904 | $296,800 | $17,400 | $279,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/02/2025 12/02/25 | For Sale | $549,900 | +168.4% | $101 / Sq Ft | |
| 05/27/2016 05/27/16 | Sold | $204,900 | -4.7% | $38 / Sq Ft | View Prior Sale |
| 04/14/2016 04/14/16 | Pending | -- | -- | -- | |
| 03/10/2016 03/10/16 | Price Changed | $214,900 | -10.4% | $40 / Sq Ft | |
| 12/07/2015 12/07/15 | Price Changed | $239,900 | -10.3% | $45 / Sq Ft | |
| 09/24/2015 09/24/15 | For Sale | $267,500 | +30.6% | $50 / Sq Ft | |
| 09/18/2015 09/18/15 | Off Market | $204,900 | -- | -- | |
| 08/18/2015 08/18/15 | For Sale | $267,500 | +30.6% | $50 / Sq Ft | |
| 08/14/2015 08/14/15 | Off Market | $204,900 | -- | -- | |
| 06/26/2015 06/26/15 | For Sale | $267,500 | 0.0% | $50 / Sq Ft | |
| 06/01/2015 06/01/15 | Pending | -- | -- | -- | |
| 11/17/2014 11/17/14 | For Sale | $267,500 | -- | $50 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Deed | $267,500 | -- | |
| Special Warranty Deed | -- | -- | |
| Sheriffs Deed | $221,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $201,185 | FHA | |
| Previous Owner | $112,000 | New Conventional |
Source: Indiana Regional MLS
MLS Number: 202547768
APN: 48-11-05-200-043.000-016
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