$160,000
SOLD MAR 23, 2020

1287 Niagara Ln Franklin, IN 46131

4 Beds
2.5 Baths
2,255 Sq Ft
7,187 Sq Ft Lot

Recently Sold

$71 Per Sq Ft

6% Below List Price

14 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Thermal Windows
  • Patio
  • Family or Dining Combination

About This Home

As of July 2020

There's potential built in equity in this 4 bedroom, 2.5 bath 2 story on a quiet cul-de-sac. Home features an open floor plan perfect for entertaining. There's lots of space including family room with fireplace, formal living room, upstairs office/bonus room, big kitchen with dining area. Could be a possible candidate for a rehab loan. A little rough around the edges but ready for you to add your personal touches to make it home.

Last Agent to Sell the Property

Mark Nally

Carpenter, REALTORS® License #RB14019699 Listed on: 02/11/2020

Carpenter, REALTORS®

Last Buyer's Agent

Grace Idlewine

Hemrick Property Group Inc. License #RB14043007

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,436

Year Built

  • Built in 2009

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Thermal Windows
  • Vinyl Clad Windows
  • Family or Dining Combination
  • Fire and Smoke Detector
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Patio
  • 7,187 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Cumberland Commons Subdivision
  • Property managed by Elite Management
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 410810032100000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,436

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 2009
  • Garage Y N: Yes
  • Lot Size Acres: 0.165
  • Subdivision Name: CUMBERLAND COMMONS
  • Inspection Warranties: Not Applicable
  • Property Description: There's potential built in equity in this 4 bedroom, 2.5 bath 2 story on a quiet cul-de-sac. Home features an open floor plan perfect for entertaining. There's lots of space including family room with fireplace, formal living room, upstairs office/bonus room, big kitchen with dining area. Could be a possible candidate for a rehab loan. A little rough around the edges but ready for you to add your personal touches to make it home.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Windows Thermal, Windows Vinyl
  • Living Area: 2255
  • Other Equipment: Smoke Detector
  • Room Count: 9
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2255
  • Main Level Sq Ft: 1001
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Tub Garden
  • Total Sq Ft: 2255
  • Upper Level Sq Ft: 1254

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: BankOwned
  • Exterior Features: Driveway Concrete
  • Foundation Details: Slab
  • List Price: 169900
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Sq Ft: 520

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: Elite Management
  • Management Company Phone: 317-534-0200
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Other
  • Mandatory Fee: 132

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 410810032100000009
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights,Trees Small
  • Lot Number: 124
  • Lot Size: 7,187

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1436
  • Semi Annual Property Tax Amt: 718
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Franklin Community
  • Schools: Custer Baker Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jul 10, 2020
Sold by
Zheng Zheng Hao Hao
Bought by
Brown Seth David
Seller's Agent
Grace Idlewine
Hemrick Property Group Inc.
Buyer's Agent
James Habegger
F.C. Tucker Company
List Price
$215,999
Sold Price
$215,500
Premium/Discount to List
-$499
-0.23%
Current Estimated Value
$318,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,710
Avg. Annual Appreciation
7.30%
Original Mortgage
$220,456
Outstanding Balance
$197,987
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$107,494

Purchase Details

Listed on
Feb 11, 2020
Closed on
Mar 20, 2020
Sold by
Us Bank Na
Bought by
Zheng Zheng Hao Hao
Seller's Agent
Mark Nally
Carpenter, REALTORS®
Buyer's Agent
Grace Idlewine
Hemrick Property Group Inc.
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
169.83%

Purchase Details

Closed on
Jan 16, 2020
Sold by
Johnson County Sheriff
Bought by
Bluewater Investment Trust 2017 1

Purchase Details

Closed on
Mar 24, 2010
Sold by
Arbor Homes Llc
Bought by
Sharp Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,440
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

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    • 2 Baths
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    Freddie Hemrick Hemrick Property Group Inc.

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Security Title
Special Warranty Deed $160,000 None Available
Sheriffs Deed $151,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,456 VA
Closed $220,456 VA
Previous Owner $144,440 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $215,500 -0.2% $96 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $215,999 +35.0% $96 / Sq Ft
03/23/2020 03/23/20 Sold $160,000 -5.8% $71 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $169,900 -- $75 / 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 $3,034 $278,200 $19,400 $258,800
2023 $2,872 $263,700 $19,400 $244,300
2022 $2,763 $251,800 $19,400 $232,400
2021 $2,263 $203,300 $12,600 $190,700
2020 $1,904 $171,500 $12,600 $158,900
2019 $1,832 $165,200 $11,100 $154,100
2018 $1,577 $157,700 $11,100 $146,600
2017 $1,435 $143,500 $11,100 $132,400
2016 $1,414 $146,300 $11,100 $135,200
2014 $1,387 $138,700 $20,700 $118,000
2013 $1,387 $139,900 $20,700 $119,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21694662

MIBOR Broker Listing Cooperative®

APN: 41-08-10-032-100.000-009