NOT LISTED FOR SALE

5131 Palmetto Cir Evansville, IN 47725

Estimated Value: $701,929 - $765,000

4 Beds
3.5 Baths
4,600 Sq Ft
$162/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $588,500 $128 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,750/month

16 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Wood Flooring
  • North High School Rated A-
  • Backs to Open Ground
  • Stone Countertops

About This Home

As of March 2017

This impressive home in Blue Heron Estates will wow you from start to finish sitting on a .60 acre lot! The features of this house are breathtaking from the 12-14' ceilings in the foyer, great room and dining room to the Brazilian cherry hardwood floors. The dining room has 14' double tray ceiling. The great room features built in shelves, gas fireplace and coffered 12' ceiling. The large eat in kitchen has granite counter tops, Jenn Air gas range, convection oven/microwave, stainless steel appliances and tile flooring. Off the kitchen is a large office area with built in desk and cherry cabinets. The main level also has 3 bedrooms, 2.5 baths and a large laundry room. The master suite has a great view of the beautiful backyard, double tray ceiling, and a large walk in custom closet with shelves . The master bathroom has a double vanity and make up counter, whirlpool tub and tile shower. The lower level is perfect for entertaining with a huge family room with stone fireplace, bar with refrigerator and wine cooler, a perfect area for a pool table and a work out room. There is a bedroom, full bathroom and lots of closets. The unfinished area is huge and has double doors to the outside to store your lawnmower. The view from the back yard is very private with trees and fields. There are stairs to the yard from the screened porch/deck off the kitchen and by the driveway. Also the basement walks out to a deck. There is a 3 car side load garage, invisible fence, irrigation system and $35,000 of extensive professional landscaping. This home is a must see!

Last Agent to Sell the Property

Michael Melton

ERA FIRST ADVANTAGE REALTY, INC Listed on: 02/13/2017

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Chris Schafer

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,168

Year Built

  • Built in 2008

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 124 x 183
  • Backs to Open Ground
  • Cul-De-Sac
  • Rural Setting
  • Property has an invisible fence for dogs
  • Landscaped
  • Level Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Aggregate Flooring
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Stone Exterior Construction

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Gas Log Fireplace
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Separate Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 82-04-25-002-826.015-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,168

Year Built

Built in 2008

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2008
  • Age: 9
  • Style: One Story
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: BLUE HERON ESTATES LOT 15 & PT LOT 2
  • Parcel Number ID: 82-04-25-002-826.015-019
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceiling-9+, Ceilings-Beamed, Countertops-Stone, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Garage Door Opener, Kitchen Island, Landscaped, Open Floor Plan, Stand Up Shower, Main Level Bedroom Suite, Main Floor Laundry
  • Location: City/Town/Suburb, Rural, Rural Subdivision
  • Number Below Grade Bedrooms: 1
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 88.5
  • Special Features: None

Interior Features

  • Total Sq Ft: 5498
  • Total Finished Sq Ft: 4600
  • Above Grade Finished Sq Ft: 2930
  • Below Grade Finished Sq Ft: 1670
  • Below Grade Sq Ft: 898
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Partially Finished, Unfinished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Flooring: Hardwood Floors, Tile
  • Living Great Room: Dimensions: 19x20, On Level: Main
  • Kitchen: Dimensions: 19x15, On Level: Main
  • Breakfast Room: Dimensions: 11x10, On Level: Main
  • Dining Room: Dimensions: 13x12, On Level: Main
  • Family Room: Dimensions: 34x34, On Level: Basement
  • Extra Room: Storage Room, Dimensions: 12x8, On Level: Basement
  • Bedroom 1: Dimensions: 17x15, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Main
  • Bedroom 3: Dimensions: 13x12, On Level: Main
  • Bedroom 4: Dimensions: 14x12, On Level: Basement
  • Other Room1: Basement Storage Room, On Level: Basement
  • Other Room 2: Office, Dimensions: 9x11, On Level: Main
  • Other Room 3: Exercise Room, Dimensions: 10x14
  • Main Level Sq Ft: 2930
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2568

Exterior Features

  • Exterior: Brick, Stone
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Fence: Invisible

Garage/Parking

  • Driveway: Aggregated
  • Garage Type: Attached
  • Garage Number Of Cars: 3

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Vectren Corp
  • Gas Company: Vectren Energy
  • Water Company: Evansville Water & Sewer

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 300
  • Association Fees Frequency: Annually

Schools

  • School District: Evansville-Vanderburgh School Corp.
  • Elementary School: Oakhill
  • Middle School: North
  • High School: North

Lot Info

  • Lot Description: Cul-De-Sac, Level, 0-2.9999
  • Lot Dimensions: 124 x 183
  • Estimated Lot Sq Ft: 26169
  • Estimated Lot Size Acres: 0.6

Tax Info

  • Annual Taxes: 5168
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2017
Closed on
Mar 24, 2017
Sold by
Neyhouse Don R and Neyhouse Dawn
Bought by
Berger Ryan W and Berger Erin L
Seller's Agent
Michael Melton
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Chris Schafer
@properties
List Price
$665,000
Sold Price
$588,500
Premium/Discount to List
-$76,500
-11.5%
Current Estimated Value
$742,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,724
Avg. Annual Appreciation
2.63%
Original Mortgage
$529,650
Interest Rate
4.17%
Mortgage Type
New Conventional
Source: Public Records

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
Berger Ryan W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berger Ryan W $60,000
Open Berger Ryan W $508,000
Closed Berger Ryan W $529,650
Previous Owner Neyhouse Don $150,000
Previous Owner Neyhouse Don R $50,000
Previous Owner Neyhouse Don R $130,000
Previous Owner Neyhouse Don R $40,000
Previous Owner Neyhoue Don R $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Sold $588,500 -11.5% $128 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $665,000 -- $145 / Sq Ft
Source: Indiana Regional MLS

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 $7,514 $687,000 $46,900 $640,100
2023 $7,246 $661,200 $46,900 $614,300
2022 $7,460 $671,300 $46,900 $624,400
2021 $6,487 $573,000 $46,900 $526,100
2020 $6,380 $578,900 $46,900 $532,000
2019 $5,897 $539,100 $46,900 $492,200
2018 $5,984 $544,500 $46,900 $497,600
2017 $5,959 $538,600 $46,900 $491,700
2016 $5,255 $474,200 $46,900 $427,300
2014 $5,168 $468,900 $46,900 $422,000
2013 -- $450,500 $45,500 $405,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201705548

Indiana Regional MLS

APN: 82-04-25-002-826.015-019