NOT LISTED FOR SALE

5535 W Luther Rd Floyds Knobs, IN 47119

Estimated Value: $713,000 - $897,732

5 Beds
5.5 Baths
6,092 Sq Ft
$130/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $540,000 $89 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,717/month

Highlights

  • Second Kitchen
  • In Ground Pool
  • 1.86 Acre Lot
  • Floyds Knobs Elementary School Rated A
  • Panoramic View
  • Open Floorplan

About This Home

As of April 2021

FLOYDS KNOBS, AWARD WINNING FC SCHOOLS! Amazing LOCATION! Welcome Home to this Charmer with tons of living space that you will want to see! This 2 Story home is situated on a Beautiful 1.86 acres, in-ground swimming pool, surrounded by mature trees, 5 bedrooms, 5.5 bathrooms and boast over 4900 SQ FT on 1st and 2nd floor for nearly 6,000 total finished space! The main floor features Grand open staircase, high ceilings, brick flooring, huge living room with wood-burning fireplace, den/office with built-in bookcase & sunroom. Kitchen offers abundance of cabinets, island, pantry, all appliances, open to the huge family room with tall ceilings, all brick wood-burning fireplace, formal dining room, tons of natural light, bedroom (could be a main bdrm) with full bathroom, and ½ bath/laundry w/washer & dryer with access to the 2-car attached garage. The second floor offers sitting/play area, MAIN bedroom with natural light, 3 closets, linen closet, double separate vanity, separate shower, the other 2 bedrooms are great sizes, full hall bathroom with double vanity, and 3rd bedroom has full bathroom. That’s not all, the finished basement offers a SAUNA, kitchen, full bathroom, and TV that stays. If you have lots of cars, toys-no worries here with the extra detached garages/storages 5 (+). At night, sit out back on the deck & enjoy swimming, relaxing in hot tub, grilling and watching the sunsets. SOLD "AS IS".

Last Agent to Sell the Property

Jeremy Ward

Ward Realty Services License #RB14035695 Listed on: 02/25/2021

Co-Listed By

Brenda Bennison

Ward Realty Services License #RB14046120

Last Buyer's Agent

Morgan Bush

Nest Realty License #RB18001290

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,528

Year Built

  • Built in 1981

Lot Details

  • 1.86 Acre Lot
  • Fenced Yard

Parking

  • 5 Car Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Panoramic
  • Scenic Vista
  • Pool

Home Design

  • Poured Concrete
  • Wood Trim
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • 6,092 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-in Bookshelves
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Blinds
  • Window Screens
  • Family Room
  • Den
  • Screened Porch
  • First Floor Utility Room

Kitchen

  • Second Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Home Security

  • Home Security System
  • Motion Detectors

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Patio
  • Pole Barn
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • Electric Water Heater
  • On Site Septic
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 220202400091000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,528

Year Built

Built in 1981

Lot Details

0

Parking

5

Listing Details

  • Improvements: 441500
  • Annual Tax: 4528
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Poured Concrete
  • Land Assessment: 53600
  • Legal Description: PRT SE1/4 24-2-5 1.86 A.
  • Numof Fireplaces: 2
  • Out Buildings: Garage, Shed
  • Parcel Number: 220202400091000002
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 495100
  • Total Deduction Amnt: 188325
  • Total Finished Square Footage: 6092
  • Type: 2 Story
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Finished, Walkout
  • Above Grade Finished Sq Ft: 4902.00
  • Appliances: Central Vac, Clothes Dryer, Clothes Washer, Dishwasher, Disposal, Garage Door Opener, Microwave, Oven Self Clean, Range / Oven, Refrigerator, Satellite
  • Basement: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Total Bedrooms: 5
  • Fireplace: Woodburning
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Bath Master, Blinds, Built-In Bookcase, Ceiling Fan(s), Den/Office, Family Room, Kitchen Island, Natural Wood Trim, Open Floor Plan, Pantry, Radon Mitigation Sys, Second Kitchen, Security System, Sump Pump, Walk-In Closet(s), Wood Stove
  • Lot Sq Ft: 81021.60
  • Room Count: 17
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 6092
  • Total Rooms: 11

Exterior Features

  • Exterior Features: Covered Porch, Deck, Enclosed Porch, Fenced Yard, Hot Tub, Motion Detectors, Patio, Paved Driveway, Pool - Inground, Screened Porch, Screens, Solid Surface Drive, Vinyl Siding

Garage/Parking

  • Garage Type: Attached, Detached, Pole Barn
  • Garage Spaces: 5
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air, Heat Pump
  • Fuel Type: Electric
  • Heat Type: Forced Air, Heat Pump
  • Water Type: Public Onsite

Lot Info

  • Acres: 1.8600
  • Lot Description: Panoramic View, Scenic View, Swimming Pool View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 8, 2021
Sold by
Sims Raymond L and Sims Carol J
Bought by
Schoenecke Bryson and Schoenecke Abigail
Seller's Agent
Jeremy Ward
Ward Realty Services
Buyer's Agent
Morgan Bush
Nest Realty
List Price
$540,000
Sold Price
$540,000
Current Estimated Value
$792,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,433
Avg. Annual Appreciation
8.18%
Original Mortgage
$486,000
Outstanding Balance
$442,877
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$324,424
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
Schoenecke Bryson -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schoenecke Bryson $486,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $540,000 0.0% $89 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $540,000 -- $89 / 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 $6,195 $733,700 $52,800 $680,900
2023 $6,195 $671,600 $53,600 $618,000
2022 $5,689 $587,500 $53,600 $533,900
2021 $5,189 $535,400 $53,600 $481,800
2020 $4,686 $495,100 $53,600 $441,500
2019 $4,528 $495,100 $53,600 $441,500
2018 $3,846 $423,000 $53,600 $369,400
2017 $4,083 $422,600 $53,600 $369,000
2016 $3,771 $423,100 $53,600 $369,500
2014 $4,230 $387,800 $53,600 $334,200
2013 -- $359,000 $53,600 $305,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202105793

Southern Indiana REALTORS® Association

APN: 22-02-02-400-091.000-002