diff --git a/activerecord/CHANGELOG.md b/activerecord/CHANGELOG.md
index 9c677101f5340..d06267459b995 100644
--- a/activerecord/CHANGELOG.md
+++ b/activerecord/CHANGELOG.md
@@ -1,3 +1,9 @@
+*   After a successful `reload`, `new_record?` is always false.
+
+    Fixes #12101.
+
+    *Matthew Draper*
+
 *   `has_many :through` associations will no longer save the through record
     twice when added in an `after_create` callback defined before the
     associations.
diff --git a/activerecord/lib/active_record/persistence.rb b/activerecord/lib/active_record/persistence.rb
index 9d95365e1e830..85aac0e18c05e 100644
--- a/activerecord/lib/active_record/persistence.rb
+++ b/activerecord/lib/active_record/persistence.rb
@@ -399,6 +399,7 @@ def reload(options = nil)
       @column_types           = self.class.column_types
       @column_types_override  = fresh_object.instance_variable_get('@column_types_override')
       @attributes_cache       = {}
+      @new_record             = false
       self
     end
 
diff --git a/activerecord/test/cases/persistence_test.rb b/activerecord/test/cases/persistence_test.rb
index 74d214395b307..10747dff81fcc 100644
--- a/activerecord/test/cases/persistence_test.rb
+++ b/activerecord/test/cases/persistence_test.rb
@@ -846,4 +846,16 @@ def test_instantiate_creates_a_new_instance
       post.body
     end
   end
+
+  def test_find_via_reload
+    post = Post.new
+
+    assert post.new_record?
+
+    post.id = 1
+    post.reload
+
+    assert_equal "Welcome to the weblog", post.title
+    assert_not post.new_record?
+  end
 end