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5033 Schaefer Ln, Floyds Knobs, IN, 47119

5beds
3baths
2,820sqft
$399,900
$142price/sqft
$2,674/moest. monthly cost
$106,960/yrincome needed

About This Home

Why wait to build when you can move into a home that's better than new? Built in 2025 and loaded with nearly every available builder upgrade, this exceptional 5-bedroom, 3-bath home offers nearly 3,000 square feet of thoughtfully designed living space with premium finishes throughout. From the moment you step inside, you'll appreciate the attention to detail. The upgraded kitchen features enhanced cabinetry, beautiful countertops, premium fixtures, and opens seamlessly to the spacious living and dining areas. High ceilings and upgraded windows fill the home with natural light, creating an open and inviting atmosphere. Designed with flexibility in mind, this home offers far more than just five bedrooms. A dedicated office with egress could easily serve as a sixth bedroom, while the expansive upstairs loft provides additional living space perfect for a media room, playroom, or second family room. Walk-in closets throughout the home provide exceptional storage, complemented by a spacious walk-in pantry, convenient mudroom, utility room, and the stunning sunroom-an ideal place to relax year-round. Step outside to enjoy the enlarged patio overlooking a fairly private backyard with no neighbors directly behind the home, offering an added sense of peace and privacy. The attached two-car garage provides plenty of space for vehicles, storage, or hobbies. This home truly offers the best of both worlds-the quality, efficiency, and modern design of new construction without the lengthy build time, unexpected delays, or added expense of selecting upgrades. Every major upgrade has already been completed, making this an incredible opportunity to own a move-in-ready home that stands out from the rest.

Getting Around

21
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

7/10
10/10
Floyd Central High SchoolGrades 9-122.1 mi
9/10

Construction

Condition

  • Year built: 2025

Materials

  • Foundation: Slab
  • Construction materials: Vinyl With Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater,Electric Oven,Range Hood,Refrigerator,Water Heater,Water Softener Owned
  • Laundry features: In Unit

Bedroom2

  • Level: Upper
  • Area: 132
  • Dimensions: 11x12

Bedroom3

  • Level: Upper
  • Area: 132.25
  • Dimensions: 11.5x11.5

Bedroom4

  • Level: Upper
  • Area: 126.5
  • Dimensions: 11x11.5

Bedroom5

  • Level: Main
  • Area: 136.5
  • Dimensions: 10.5x13

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Double Vanity,Breakfast Bar,High Ceilings,Entrance Foyer,High Speed Internet,Pantry,Smart Thermostat,Walk-In Closet(s)

Heating & Cooling

  • Heating features: Electric,Forced Air,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,820
  • Total interior livable area: 2,820 sqft

Kitchen

  • Level: Main
  • Area: 285
  • Dimensions: 15x19

Laundry

  • Features: Tile-Ceramic
  • Level: Upper
  • Area: 71.25
  • Dimensions: 9.5x7.5

Living Room

  • Level: Main
  • Area: 380
  • Dimensions: 19x20

Master Bedroom

  • Level: Upper
  • Area: 398.75
  • Dimensions: 14.5x27.5

Property

Details

  • Parcel number: 220202500012062002
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 6,098 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Inland Flooding
Lightning
Strong Wind
Winter Weather
Ice Storm

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,022$24,264
Home Insurance *$175$2,100
Property Taxes $219$2,628
Electricity $258$3,102
Total$2,674$32,088
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$91,680/yr
40% on housing$80,220/yr
45% on housing$71,306/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$142This listing

vs Other Active Listings

Avg $/sqft

ZIP 47119$172
Floyd County$130

vs Homes Sold Last Month

Median $/sqft

ZIP 47119$182
Floyd County$158

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-11Price change$399,900
2026-06-27Listed for sale$409,900
2025-03-08Listing removed$316,990
2025-02-28Price change$316,990
2025-01-16Listed for sale$315,990

For Sale by Agent

AgentAndrew Flora
Brokerage1 Percent Lists Indiana Real Estate

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