NOT LISTED FOR SALE

8851 Highland Lake Dr Unit Lot 85 Georgetown, IN 47122

Georgetown Neighborhood

Estimated Value: $465,000 - $781,000

4 Beds
3 Baths
3,705 Sq Ft
$175/Sq Ft Est. Value

Last Sold March 29, 2023

Last sale price $739,900 $200 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $3,752/month

16 Days on Market

Highlights

  • Under Construction
  • Scenic Views
  • Wooded Lot
  • Georgetown Elementary School Rated A-
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of March 2023

This Home is situated in the AWARD WINNING FLOYD CENTRAL SCHOOL DISTRICT & is situated on 1.13 Acre Lot. The CALLEIGH II PLAN - One of Discovery Builder's Most Popular Floor Plans includes Great Room with 12' Coffered Ceiling, Quad Windows each w/a Transom, Fireplace w/Base Cabinets & Floating Shelves. As you Enter the Double French Front Doors into the 12' Foyer, you can see this Home has QUALITY DISCOVERY BUILDERS FEATURES Already Included. WHY CUSTOM BUILD when DISCOVERY BUILDERS Includes Custom Home Features in their ESTATE SERIES HOMES, like this one. There's a Formal Dining Room, also w/12' Ceiling that can also be used for Home Office or Music Room. The Kitchen is open & includes Upgraded Stainless Steel Appliances, Gas Cooktop & Ventilated Range Hood, as well as a Large Island Bar for Serving & Seating. The Owner's Suite is Large & includes a Custom Hip Vaulted Ceiling with Crown Molding & the Owner's Bath includes a Freestanding Soaking Tub, Custom Tile Walk-in Shower & Walk-in Closet. There are a total of 4-Bedrooms, each one of them is Spacious with Good Closet Space. There is Custom Trimwork throughout this home w/Lots of Windows and Natural Lighting. The Lower Level is Professionally Finished & includes 9' Ceilings. The Lower Level includes BR-4 & Full Bath #3, along with a Media Room, Wet Bar Area, Game Room, & FLEX ROOM that walks outside. This home also includes an Oversized 2-Car Attached Garage & an additional TANDEM Garage. Call Today for More Information.

Last Listed By

David Bauer

Schuler Bauer Real Estate Services ERA Powered (N License #RB14014626 Listed on: 09/07/2022

Schuler Bauer Real Estate Services ERA Powered  (N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,446

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 1.13 Acre Lot
  • Landscaped
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • Scenic Vista
  • Park or Greenbelt

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 3,705 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Family Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number New or Under Construction

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,446

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Additional Parking: Off Street
  • Annual Tax: 33
  • Appointment: Mandatory
  • Construction: Frame On-Site, Under Construction
  • Foundation: Poured Concrete
  • Home Owner Assoc: 300
  • Home Warranty Provided: IN Statutory
  • Land Assessment: 2000
  • Legal Description: NW 1/4 21-2-5 P 1192 L 85 1.134 AC 3rd ADDTN HIGHLAND LAKE ESTATES
  • New Construction: Yes
  • Numof Fireplaces: 1
  • Parcel Number: New or Under Construction
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 2000
  • Total Finished Square Footage: 3705
  • Type: 1 Story
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Water Heater: Electric
  • Basement Type: Finished, Outside Entrance, Walkout
  • Above Grade Finished Sq Ft: 2215.00
  • Appliances: Dishwasher, Disposal, Garage Door Opener, Microwave, Range / Oven
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Fireplace: Gas Burning
  • Floor Plan: Calleigh II
  • Interior Amenities: 1st Floor Master, Bath Master, Cath/Vaul/Tray Ceil, Eat-In Kitchen, Family Room, Formal Dining Rm, Kitchen Island, Open Floor Plan, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Lot Sq Ft: 49397.04
  • Room Count: 15
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 3705
  • Total Rooms: 12

Exterior Features

  • Exterior Features: Covered Patio, Landscaped, Paved Driveway, Thermopane Windows
  • Home Warranty: Yes

Garage/Parking

  • Garage Type: Attached, Side Entry
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Lp Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Condo/Co-op/Association

  • HOA: Yearly

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 1.1340
  • Lot Description: Park-Like View, Scenic View, Wooded Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Mar 29, 2023
Sold by
Discovery Developers Inc
Bought by
Piepenburg Lisa Mary and Piepenburg Brian Allen
Seller's Agent
David Bauer
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
David Bauer
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$750,000
Sold Price
$739,900
Premium/Discount to List
-$10,100
-1.35%
Total Days on Market
16
Views
14
Current Estimated Value
$647,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$92,628
Avg. Annual Appreciation
-4.55%
Original Mortgage
$399,900
Outstanding Balance
$390,350
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$280,638

Purchase Details

Closed on
Dec 21, 2021
Sold by
Highlandview Llc
Bought by
Discovery Developers Inc

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
Piepenburg Lisa Mary $739,900 --
Discovery Developers Inc $340,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piepenburg Lisa Mary $399,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Sold $739,900 0.0% $200 / Sq Ft
11/01/2022 11/01/22 Price Changed $739,900 -1.3% $200 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
09/07/2022 09/07/22 For Sale $750,000 -- $202 / 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 $1,446 $397,900 $63,300 $334,600
2023 $1,446 $197,900 $65,100 $132,800
2022 $33 $2,000 $2,000 $0
2021 $33 $2,000 $2,000 $0
2020 $32 $2,000 $2,000 $0
2019 $31 $2,000 $2,000 $0
2018 $32 $2,000 $2,000 $0
2017 $34 $2,000 $2,000 $0
2016 $31 $2,000 $2,000 $0
2014 $37 $2,000 $2,000 $0
2013 -- $2,000 $2,000 $0
Source: Public Records

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Source: Southern Indiana REALTORS® Association

MLS Number: 2022011805

Southern Indiana REALTORS® Association

APN: 22-02-02-100-136.000-002