NOT LISTED FOR SALE

8861 Lake Point Dr Georgetown, IN 47122

Estimated Value: $488,000 - $756,000

5 Beds
4.5 Baths
5,015 Sq Ft
$133/Sq Ft Est. Value

Last Sold July 23, 2015

Last sale price $508,500 $101 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,005/month

Highlights

  • Lake Front
  • In Ground Pool
  • Deck
  • Georgetown Elementary School Rated A-
  • Open Floorplan
  • Main Floor Primary Bedroom

About This Home

As of July 2015

5,015 Fin. SF. Kitchen GE Profile SS refrigerator,2 door oven,4 burner induction cooktop,high powered hood,silent dishwasher,oil rubbed bronze shower enclosures,new sink hardware in all baths,new carpeting on 1st/2nd floors,wood laminate in basement,bedroom,& exercise room,& near pool table. Main family room painted Spring 2014,& all other rooms painted Fall 2014. Fabulous in-ground pool/slide,diving board,& outdoor kitchen overlooking lake. Gazebo. Flagstone concrete patio. Massive kitchen w/cherry cabinets & newer granite counters. Pullouts. Black marble foyer. Hardwood in dining & great room. Lead glass & wood front door & most light fixtures replaced in the last few years. Beautiful wood bar. Island in LL family room. Surround sound projector screen stays. 2 fireplaces. Master ste w/walk-in. Previous owners used exercise room & other room as 5th/6th bedroom which are near walk-outs & LL bath. Safe room. Outdoor speakers pool/deck.Roof 5 years old.(Basketball/Tennis Community)

Last Agent to Sell the Property

Diane Thomas

Coldwell Banker McMahan License #RB14023573 Listed on: 05/26/2015

Coldwell Banker McMahan

Last Buyer's Agent

Chelsea Gardner

PMR Real Estate Brokerage License #RB14048186

PMR Real Estate Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,507

Year Built

  • Built in 1998

Lot Details

  • 0.93 Acre Lot
  • Lake Front

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Park or Greenbelt

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 5,015 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • First Floor Utility Room
  • Utility Room
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Air Source Heat Pump
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 220202100079000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,507

Year Built

Built in 1998

Lot Details

0

HOA Fees

$13 per month

Parking

3

Listing Details

  • Improvements: 171300
  • Annual Tax: 2507
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Poured Concrete
  • Home Owner Assoc: 150
  • Land Assessment: 82500
  • Legal Description: SEC:21 DIST:0002 CITY/MUNI/TWP:GEORGETOWN TOWNSHIP P 1117 L29 .930AC NW 1/4 21-2-5 MAP
  • Lot Dimensions: See lot size
  • Numof Fireplaces: 2
  • Parcel Number: 220202100079000002
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 253800
  • Total Deduction Amnt: 109145
  • Total Finished Square Footage: 5015
  • Type: 2 Story
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Walkout
  • Above Grade Finished Sq Ft: 2985.00
  • Appliances: Dishwasher, Disposal, Garage Door Opener, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 5
  • Fireplace: Gas Burning, Woodburning
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Jjba, Bath Master, Cable Wired, Ceiling Fan(s), Family Room, Formal Dining Rm, Foyer, Open Floor Plan, Utility/Mud Room, Walk-In Closet(s)
  • Lot Measurement: Acres
  • Lot Sq Ft: 40511.00
  • Room Count: 13
  • Sewer Type: Sewer
  • Total Sq Ft: 5015
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Covered Patio, Covered Porch, Deck, Pool - Inground, Thermopane Windows
  • Home Warranty: Yes

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

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

Condo/Co-op/Association

  • HOA: Yearly

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.9300
  • Lot Description: Lake Frontage, Lake View, Park-Like View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2015
Closed on
Jul 23, 2015
Sold by
Sullivan Michael and Sullivan Jenna
Bought by
Mcgovern Maggie A and Pierce Steven T
Seller's Agent
Diane Thomas
Coldwell Banker McMahan
Buyer's Agent
Chelsea Gardner
PMR Real Estate Brokerage
List Price
$515,000
Sold Price
$508,500
Premium/Discount to List
-$6,500
-1.26%
Current Estimated Value
$666,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,136
Avg. Annual Appreciation
2.94%
Original Mortgage
$406,290
Outstanding Balance
$324,079
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$358,797

Purchase Details

Listed on
May 20, 2014
Closed on
Sep 12, 2014
Sold by
Ipsan Robin M and Ipsan Charlotte R
Bought by
Sullivan Michael and Sullivan Jenna
Seller's Agent
Diane Thomas
Coldwell Banker McMahan
Buyer's Agent
Diane Thomas
Coldwell Banker McMahan
List Price
$499,950
Sold Price
$491,900
Premium/Discount to List
-$8,050
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$442,000
Interest Rate
4.11%
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
Mcgovern Maggie A -- --
Sullivan Michael -- Kemp Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgovern Maggie A $406,290
Previous Owner Sullivan Michael $442,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2015 07/23/15 Sold $508,500 -1.3% $101 / Sq Ft
05/29/2015 05/29/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $515,000 +4.7% $103 / Sq Ft
09/12/2014 09/12/14 Sold $491,900 -1.6% $98 / Sq Ft
08/13/2014 08/13/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $499,950 -- $100 / 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 $5,501 $658,700 $82,500 $576,200
2023 $5,501 $599,300 $82,500 $516,800
2022 $5,105 $528,300 $82,500 $445,800
2021 $4,840 $499,200 $82,500 $416,700
2020 $4,048 $432,000 $82,500 $349,500
2019 $4,239 $469,400 $82,500 $386,900
2018 $3,363 $379,900 $82,500 $297,400
2017 $3,963 $415,400 $82,500 $332,900
2016 $3,650 $413,700 $82,500 $331,200
2014 -- $253,800 $82,500 $171,300
2013 -- $251,400 $82,500 $168,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201503676

Southern Indiana REALTORS® Association

APN: 22-02-02-100-079.000-002