NOT LISTED FOR SALE

1038 Mustang Ct Franklin, IN 46131

Estimated Value: $185,000 - $236,000

2 Beds
2 Baths
1,014 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 08, 2023

Last sale price $169,500 $167 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,402/month

Highlights

  • Ranch Style House
  • No HOA
  • Eat-In Kitchen
  • Cathedral Ceiling
  • 1 Car Attached Garage
  • Walk-In Closet

About This Home

As of November 2023

Located on a quiet cul de sac in Franklin, Indiana this 2 bedroom unit has new flooring, a gas furnace, Central Air conditioning, and all appliances are provided. Open concept living room & eat-in kitchen make it feel spacious and airy with lots of natural light. The walk-in closets are large and both baths are updated.

Last Agent to Sell the Property

Deborah Zupancic

Keller Williams Indy Metro S Brokerage Email: debbiz@kw.com License #RB21000070 Listed on: 10/17/2023

Keller Williams Indy Metro S

Last Buyer's Agent

Joe Farley

Tomorrow Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,642

Year Built

  • Built in 1995

Lot Details

  • 8,407 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,014 Sq Ft Home
  • Cathedral Ceiling
  • Paddle Fans
  • Combination Kitchen and Dining Room
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Northwood Elementary School
  • Franklin Community Middle School
  • Custer Baker Intermediate School
  • Franklin Community High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Deer Trace Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 410810013022001009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,642

Year Built

Built in 1995

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1995
  • Building Area Total: 1014
  • Garage Y N: Yes
  • Lot Size Acres: 0.19
  • Subdivision Name: Deer Trace
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: debbiz@kw.com
  • Attribution Contact: debbiz@kw.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Kitchen Exhaust, Laundry Connection in Unit, Microwave, Electric Oven, Refrigerator, Washer, Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access, Cathedral Ceiling(s), Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Walk-in Closet(s)
  • Living Area: 1014
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1014
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block
  • List Price: 169500

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached
  • Garage Parking Other: Finished Garage,Garage Door Opener
  • Garage Sq Ft: 264

Utilities

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

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Franklin Community Middle School
  • MBR_IntermediateSchool: Custer Baker Intermediate School

Lot Info

  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 8407
  • Parcel Number: 410810013022001009
  • Acres: <1/4 Acre
  • Price Acre: 892105

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2642
  • Tax Lot: 15
  • Semi Annual Property Tax Amt: 1321

MLS Schools

  • Elementary School: Northwood Elementary School
  • High School: Franklin Community High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2024
Sold by
Severe David Lane
Bought by
Flattop Properties Llc-S
Current Estimated Value
$202,268

Purchase Details

Listed on
Oct 17, 2023
Closed on
Nov 8, 2023
Sold by
Lemmon Jeffrey A
Bought by
Severe David Lane
Seller's Agent
Deborah Zupancic
Keller Williams Indy Metro S
Buyer's Agent
Joe Farley
Tomorrow Realty, Inc.
List Price
$169,500
Sold Price
$169,500
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$100,000
Interest Rate
7.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2015
Sold by
Rich Anita
Bought by
Lemmon Jeffrey A

Purchase Details

Closed on
Oct 27, 2006
Sold by
Farley Bertha T
Bought by
Lemmon Jeffery A and Lemmon John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,925
Interest Rate
6.38%
Mortgage Type
FHA
Source: Public Records

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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
Flattop Properties Llc-S -- Ata National Title
Severe David Lane $169,500 Denali Title
Lemmon Jeffrey A -- None Available
Lemmon Jeffery A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Severe David Lane $100,000
Previous Owner Lemmon Jeffrey A $77,219
Previous Owner Lemmon Jeffery A $82,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2025 04/13/25 Off Market $1,350 -- --
03/23/2025 03/23/25 For Rent $1,350 0.0% --
03/11/2025 03/11/25 Off Market $1,350 -- --
02/06/2025 02/06/25 For Rent $1,350 0.0% --
11/08/2023 11/08/23 Sold $169,500 0.0% $167 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $169,500 -- $167 / 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 $3,303 $149,300 $16,000 $133,300
2023 $2,893 $130,000 $16,000 $114,000
2022 $2,631 $118,000 $16,000 $102,000
2021 $1,962 $88,000 $6,600 $81,400
2020 $2,009 $90,100 $6,600 $83,500
2019 $2,009 $90,100 $6,600 $83,500
2018 $1,591 $85,500 $6,600 $78,900
2017 $1,462 $72,600 $6,600 $66,000
2016 $499 $74,300 $6,600 $67,700
2014 $506 $73,500 $13,800 $59,700
2013 $506 $71,100 $13,800 $57,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21948932

MIBOR Broker Listing Cooperative®

APN: 41-08-10-013-022.001-009