Motivated sellers! Impeccably Maintained 5-Bedroom Luxury Home with Apartment Suite This exquisite 5-bedroom, 4 full bath, 2 half bath residence offers nearly 5,500 sq. ft. of beautifully designed living space, plus an apartment suite above the oversized 1,223 sq. ft. garage/workshop—ideal for guests, extended family, or rental income. Meticulously cared for, the current owners have invested over $280,000 in upgrades over the past decade, making this home truly move-in ready. Professionally landscaped and featuring an irrigation system, the grounds perfectly complement the home’s exceptional curb appeal. The high-end custom kitchen features premium finishes and appliances, opening to the inviting family room and overlooking the expansive back patio. Adjacent to the family room and patio, a sun-filled sunroom offers the perfect spot for morning coffee or year-round enjoyment. The main level also includes amazing brazilian cherry hardwood floors, a luxurious primary suite with a spa-like en suite bath and private balcony, a second bedroom, a spacious living room currently used as an office, a formal dining room, a sitting room, a breakfast nook, a guest full bath, a half bath, and a laundry room. Upstairs, you’ll find two bedrooms—each with its own private bath—along with a loft/sitting room (currently under construction) and a generous storage area. The finished walkout basement enhances the home’s versatility with an open layout featuring a stylish bar, wine cellar, additional storage, and abundant space for entertaining, recreation, or hobbies. Exceptional storage is found throughout, and the expansive back patio is perfect for gatherings or quiet relaxation. The private-entry apartment suite above the garage adds incredible flexibility to this remarkable property, offering endless possibilities for its next owner.
Closed
$517,500
5107 Knollwood Ln, Anderson, IN 46011
5beds
5,439sqft
Single Family Residence
Built in 1973
0.35 Acres Lot
$523,500 Zestimate®
$--/sqft
$3,328 Estimated rent
Home value
$523,500
$435,000 - $628,000
$3,328/mo
Zestimate® history
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List your homeWhat's special
Sun-filled sunroomExceptional curb appealSitting roomFormal dining roomInviting family roomBreakfast nookExpansive back patio
Zillow last checked:
Listing updated:
Listed by:
Dustin Ford Cell:765-425-6800,
RE/MAX Real Estate Groups
Bought with:
Realtor NonMember MEIAR
NonMember MEIAR
Source: IRMLS,MLS#: 202547768
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
- Main level bedrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Dining room
- Level: Main
- Area: 221
- Dimensions: 17 x 13
Family room
- Level: Main
- Area: 270
- Dimensions: 15 x 18
Kitchen
- Level: Main
- Area: 210
- Dimensions: 21 x 10
Living room
- Level: Main
- Area: 441
- Dimensions: 21 x 21
Office
- Level: Main
- Area: 110
- Dimensions: 11 x 10
Heating
- Electric, Natural Gas, Forced Air, Multiple Heating Systems
Cooling
- Central Air, Multi Units, Ceiling Fan(s)
Appliances
- Included: Disposal
- Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
Features
- 1st Bdrm En Suite, Bar, Ceiling Fan(s), Vaulted Ceiling(s), Countertops-Solid Surf, Crown Molding, Entrance Foyer, Soaking Tub, Guest Quarters, Open Floorplan, Double Vanity, Wet Bar, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Formal Dining Room, Custom Cabinetry
- Flooring: Hardwood, Carpet
- Windows: Skylight(s)
- Basement: Crawl Space,Walk-Out Access,Partially Finished,Block
- Attic: Storage
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 7,019
- Total interior livable area: 5,439 sqft
- Finished area above ground: 4,500
- Finished area below ground: 939
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener, Garage Utilities, Concrete
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Deck, Porch Covered
- Exterior features: Balcony, Irrigation System, Workshop
Lot
- Size: 0.35 Acres
- Dimensions: 192x192
- Features: 0-2.9999, Rural Subdivision, Landscaped
Details
- Additional structures: Shed
- Parcel number: 481105200043.000016
- Zoning: R-1
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick, Fiber Cement
- Roof: Dimensional Shingles
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Electric: Indiana Michigan Power
- Gas: CenterPoint Energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Rose Hill(s) / Rosehill(s)
Location
- Region: Anderson
Financial & listing details
- Tax assessed value: $354,800
- Annual tax amount: $3,203
- Date on market: 12/2/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Sold | $517,500-2.3% |
Source:  IRMLS #202547768 Report a problem | ||
| 4/6/2026 | Pending sale | $529,900 |
Source: IRMLS #202547768 Report a problem | ||
| 3/3/2026 | Price change | $529,900-3.6% |
Source: IRMLS #202547768 Report a problem | ||
| 12/2/2025 | Listed for sale | $549,900 |
Source: IRMLS #202547768 Report a problem | ||
| 10/16/2025 | Listing removed | $549,900 |
Source: IRMLS #202531728 Report a problem | ||
| 9/2/2025 | Price change | $549,900-2.7% |
Source: IRMLS #202531728 Report a problem | ||
| 8/11/2025 | Listed for sale | $564,900+175.7% |
Source: IRMLS #202531728 Report a problem | ||
| 5/27/2016 | Sold | $204,900-4.7%$38/sqft |
Source:  MIBOR as distributed by MLS GRID #21325294 Report a problem | ||
| 4/14/2016 | Pending sale | $214,900$40/sqft |
Source: Berkshire Hathaway Home #21325294 Report a problem | ||
| 3/10/2016 | Price change | $214,900-10.4%$40/sqft |
Source: Berkshire Hathaway Home #21325294 Report a problem | ||
| 12/8/2015 | Price change | $239,900-10.3%$44/sqft |
Source: Berkshire Hathaway Home #21325294 Report a problem | ||
| 6/27/2015 | Listed for sale | $267,500$49/sqft |
Source: Berkshire Hathaway Home #21325294 Report a problem | ||
| 6/1/2015 | Pending sale | $267,500$49/sqft |
Source: Berkshire Hathaway Home #21325294 Report a problem | ||
| 11/18/2014 | Listed for sale | $267,500-0.9%$49/sqft |
Source: Berkshire Hathaway Home #21325294 Report a problem | ||
| 4/14/2009 | Listing removed | $269,900$50/sqft |
Source: Carpenter Realtors #2858661 Report a problem | ||
| 12/21/2008 | Price change | $269,900-5.3%$50/sqft |
Source: Carpenter Realtors #2858661 Report a problem | ||
| 10/28/2008 | Listed for sale | $285,000+29%$52/sqft |
Source: Carpenter Realtors #2858661 Report a problem | ||
| 1/29/2007 | Sold | $221,000$41/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,203 +9.6% | $354,800 +10.8% |
| 2024 | $2,923 +0.4% | $320,300 +9.7% |
| 2023 | $2,910 +6.3% | $292,000 +0.4% |
| 2022 | $2,739 +4.8% | $290,700 +6% |
| 2021 | $2,614 +2.8% | $274,200 +4.8% |
| 2020 | $2,543 +7.1% | $261,700 +2.8% |
| 2019 | $2,375 +0% | $254,600 +7.4% |
| 2018 | $2,375 -17.2% | $237,100 |
| 2017 | $2,869 -49.9% | $237,100 -17.2% |
| 2016 | $5,728 +97.3% | $286,400 -1.2% |
| 2014 | $2,904 -2.3% | $290,000 -2.3% |
| 2013 | $2,972 +1% | $296,800 +1.1% |
| 2012 | $2,941 | $293,600 -1.4% |
| 2011 | -- | $297,700 |
| 2010 | $2,978 -53.8% | $297,700 +6.3% |
| 2009 | $6,442 | $280,100 -5.1% |
| 2006 | -- | $295,200 +41.8% |
| 2005 | -- | $208,200 |
Find assessor info on the county website
Neighborhood: 46011
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Nearby schools
GreatSchools rating
- 6/10Frankton Elementary SchoolGrades: PK-6Distance: 6 mi
- 5/10Frankton Jr-Sr High SchoolGrades: 7-12Distance: 6.2 mi
Schools provided by the listing agent
- Elementary: Frankton
- Middle: Frankton
- High: Frankton
- District: Frankton-Lapel Community Schools
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$523,500
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Estimated market value
$523,500
- Indiana
- Madison County
- Anderson
- 46011
- 5107 Knollwood Ln
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