NOT LISTED FOR SALE

Estimated Value: $849,758 - $953,000

5 Beds
3.5 Baths
4,587 Sq Ft
$194/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $782,000 $170 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,295/month

81 Days on Market

Highlights

  • In Ground Pool
  • 1.67 Acre Lot
  • Living Room with Fireplace
  • Columbus North High School Rated A
  • Deck
  • Vaulted Ceiling

About This Home

As of July 2023

Stunning 5 bed, 3.5 bath home now being offered in prestigious Somerset Meadows. Situated on over 1.5 acres, you can enjoy all the perks of rural living while being only 10 minutes from town. Built for entertaining, 5050 Somerset Ct features an open kitchen and living room, an enormous screened in porch, a home theatre room, bar with working taps, walk out basement, and a new 58 x 22 heated saltwater pool with automatic cover! From the basement all the way to the second level, sophistication is seamlessly blended with livability. With main floor laundry, a 3-car garage, large primary bedroom and attached bath, and a dedicated home office, this home is built for modern living!

Last Agent to Sell the Property

Drew Wyant

1 Percent Lists Indiana Real Estate License #RB21000490 Listed on: 02/16/2023

Last Buyer's Agent

Breanna Russell

F.C. Tucker Real Estate Expert

F.C. Tucker Real Estate Expert

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,642

Year Built

  • Built in 2011

Lot Details

  • 1.67 Acre Lot
  • Rural Setting

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Home Theater Equipment
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Electric Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 9 Foot Basement Ceiling Height

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch
  • Playground

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane

Community Details

  • Association fees include maintenance, nature area
  • Association Phone (812) 350-5276
  • Somerset Meadows Subdivision
  • Property managed by Somerset Meadows HOA

Listing and Financial Details

  • Legal Lot and Block 5 / 2
  • Assessor Parcel Number 038509230001300020

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,642

Year Built

Built in 2011

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 2011
  • Building Area Total: 4587
  • Garage Y N: Yes
  • Lot Size Acres: 1.67
  • Subdivision Name: Somerset Meadows
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: dwyant@bhhsin.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Full, Finished, Finished Ceiling, Walk Out
  • Appliances: Gas Cooktop, Dishwasher, Disposal, MicroHood, Microwave, Refrigerator
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1635
  • Fireplace Features: Electric, Gas Log, Living Room
  • Fireplaces: 2
  • Interior Amenities: Raised Ceiling(s)
  • Living Area: 4587
  • Other Equipment: Security Alarm Paid, Smoke Alarm, Theater Equipment
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 1635
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 1317
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Exterior Features: Playset
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Covered Porch, Deck UP, Screened
  • Pool Features: Below Ground

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached, Concrete
  • Garage Parking Other: Finished Garage,Garage Door Opener

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Propane
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association Phone: 812-350-5276
  • Association YN: Yes
  • Management Company Name: Somerset Meadows HOA

Fee Information

  • Association Fee Includes: Entrance Common, Maintenance, Nature Area

Lot Info

  • Lot Features: Rural - Subdivision
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 4587
  • Parcel Number: 038509230001300020
  • Acres: 1-3 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 5642
  • Tax Block: 2
  • Tax Lot: 5
  • Semi Annual Property Tax Amt: 2821
  • Tax Exemption: Homestead Tax Exemption,Mortgage Tax Exemption Filed Not Reflected,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Jul 19, 2023
Sold by
Indiana Residential Nominee Services Ll
Bought by
Zipper Ryan
Seller's Agent
Drew Wyant
1 Percent Lists Indiana Real Estate
Buyer's Agent
Breanna Russell
F.C. Tucker Real Estate Expert
List Price
$830,000
Sold Price
$782,000
Premium/Discount to List
-$48,000
-5.78%
Views
344
Current Estimated Value
$889,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,190
Avg. Annual Appreciation
5.62%

Purchase Details

Closed on
Jan 23, 2023
Sold by
Babb Kelly
Bought by
Indiana Residential Nominee Services Ll

Purchase Details

Closed on
Nov 15, 2010
Sold by
Somerset Development Corp
Bought by
Drees Premier Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zipper Ryan $782,000 Fidelity National Title Compan
Indiana Residential Nominee Services Ll $782,000 Fidelity National Title Compan
Drees Premier Homes Inc $74,900 Lawyers
Babb Jeff $74,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2023 07/19/23 Sold $782,000 -2.2% $170 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
03/23/2023 03/23/23 Price Changed $799,900 -3.6% $174 / Sq Ft
02/16/2023 02/16/23 For Sale $830,000 -- $181 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $6,593 $758,900 $106,700 $652,200
2023 $6,248 $669,700 $106,700 $563,000
2022 $5,660 $563,600 $106,700 $456,900
2021 $5,643 $545,400 $85,400 $460,000
2020 $5,602 $535,300 $85,400 $449,900
2019 $4,986 $531,800 $85,400 $446,400
2018 $3,999 $462,000 $85,400 $376,600
2017 $4,095 $468,700 $83,400 $385,300
2016 $3,868 $472,700 $83,400 $389,300
2014 $3,450 $402,600 $83,400 $319,200
Source: Public Records

Agents Affiliated with this Home

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 21906210

MIBOR Broker Listing Cooperative®

APN: 03-85-09-230-001.300-020