diff --git a/activerecord/CHANGELOG.md b/activerecord/CHANGELOG.md
index 462c7ae115c462e8cbc906497a6fbe5a9261a61d..5646c1a0f2f77c44acf49c7b570136a2d8fca86f 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*
+
 *   PostgreSQL renaming table doesn't attempt to rename non existent sequences.
 
     *Abdelkader Boudih*
diff --git a/activerecord/lib/active_record/persistence.rb b/activerecord/lib/active_record/persistence.rb
index ee634d7bb343cc69d2850a84ff829a1d41dad530..96e44c2f599af3db0435fe54c3930d997f1fd3d5 100644
--- a/activerecord/lib/active_record/persistence.rb
+++ b/activerecord/lib/active_record/persistence.rb
@@ -396,6 +396,7 @@ def reload(options = nil)
         end
 
       @attributes = fresh_object.instance_variable_get('@attributes')
+      @new_record = false
       self
     end
 
diff --git a/activerecord/test/cases/persistence_test.rb b/activerecord/test/cases/persistence_test.rb
index 1192ecd6b438cb966613855dcb2607df99855fc1..9b762fc0d5504da9254aac366fd8490742d3e508 100644
--- a/activerecord/test/cases/persistence_test.rb
+++ b/activerecord/test/cases/persistence_test.rb
@@ -865,4 +865,16 @@ def test_reload_removes_custom_selects
     assert_equal 1, post[:wibble]
     assert_nil post.reload[:wibble]
   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