NOT LISTED FOR SALE

1485 Michigan Rd Franklin, IN 46131

Estimated Value: $223,000 - $226,417

3 Beds
2 Baths
1,264 Sq Ft
$178/Sq Ft Est. Value

Last Sold May 04, 2022

Last sale price $190,000 $150 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,538/month

Highlights

  • Home fronts a pond
  • Ranch Style House
  • Covered patio or porch
  • Mature Trees
  • Cathedral Ceiling
  • 2 Car Attached Garage

About This Home

As of May 2022

This home is located at 1485 Michigan Rd, Franklin, IN 46131 since 02 May 2022 and is currently estimated at $225,354, approximately $178 per square foot. This property was built in 1993. 1485 Michigan Rd is a home located in Johnson County with nearby schools including Creekside Elementary School, Franklin Community Middle School, and Custer Baker Intermediate School.

Last Agent to Sell the Property

Non-BLC Member

MIBOR REALTOR® Association Listed on: 05/02/2022

Last Buyer's Agent

Anthony Robinson

Keller Williams Indy Metro NE

Keller Williams Indy Metro NE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,324

Year Built

  • Built in 1993

Lot Details

  • 110 Sq Ft Lot
  • Home fronts a pond
  • Mature Trees

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,264 Sq Ft Home
  • Cathedral Ceiling
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • Association fees include home owners
  • Knollwood Farms Subdivision

Listing and Financial Details

  • Legal Lot and Block 270 / 2
  • Assessor Parcel Number 410533011111000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,324

Year Built

Built in 1993

Lot Details

0

HOA Fees

$5 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1993
  • Building Area Total: 1264
  • Garage Y N: Yes
  • Lot Size Acres: 0.17
  • Subdivision Name: Knollwood Farms
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: noreply@mibor.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Electric Oven, Refrigerator, MicroHood, Electric Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Interior Amenities: Attic Pull Down Stairs, Cathedral Ceiling(s), Walk-in Closet(s), Windows Vinyl, Eat-in Kitchen
  • Living Area: 1264
  • Main Level Bedrooms: 3
  • Other Equipment: Smoke Alarm
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1264
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0
  • SqFt Total: 1264

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Fencing: Fence Full Rear
  • Foundation Details: Slab
  • List Price: 190000
  • Patio And Porch Features: Open Patio, Covered Porch
  • Waterfront Features: Pond

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete, Garage Door Opener

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Electric
  • Heating: Forced Air, Electric
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 65
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Management Company Name: -

Fee Information

  • Association Fee Includes: Association Home Owners

Lot Info

  • Lot Features: Sidewalks, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 110
  • Parcel Number: 410533011111000009
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1324
  • Tax Block: 2
  • Tax Lot: 270
  • Semi Annual Property Tax Amt: 662
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2024
Sold by
Sfr Jv 2 Ntl Borrower Llc
Bought by
Sfr Jv-2 2024-2 Borrower Llc
Current Estimated Value
$225,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$686,773,000
Outstanding Balance
$556,306,524
Interest Rate
7.17%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$556,081,170

Purchase Details

Closed on
Oct 3, 2022
Sold by
Sfr Jv-2 Property Llc
Bought by
Sfr Jv-2 Ntl Borrower Llc

Purchase Details

Listed on
May 2, 2022
Closed on
May 2, 2022
Sold by
Keith Harris
Bought by
Sfr Jv 2 Property Llc
Seller's Agent
Non-BLC Member
MIBOR REALTOR® Association
Buyer's Agent
Anthony Robinson
Keller Williams Indy Metro NE
List Price
$190,000
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%

Purchase Details

Listed on
May 2, 2022
Closed on
Apr 29, 2022
Sold by
Schneck Gregory A
Bought by
Harris Keith
Seller's Agent
Non-BLC Member
MIBOR REALTOR® Association
Buyer's Agent
Anthony Robinson
Keller Williams Indy Metro NE
List Price
$190,000
Sold Price
$190,000

Purchase Details

Listed on
Apr 4, 2012
Closed on
Aug 1, 2012
Sold by
Kreigh Brittany M and Allen Brittany M
Bought by
Schneck Gregory A
Seller's Agent
Jan Mathis
Mathis Real Estate
Buyer's Agent
Chris Pagano
Your Home Team
List Price
$99,900
Sold Price
$99,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$102,297
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Apr 24, 2009
Sold by
Mcclure Curtis L and Mcclure Douglas L
Bought by
Allen Brittany M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,188
Interest Rate
4.85%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 2005
Sold by
Parks James R and Phan Parks Ha Trang
Bought by
Mcclure Curtis L and Mcclure Douglas L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,460
Interest Rate
5.93%
Mortgage Type
FHA
Source: Public Records

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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 Buyer Sale Price Title Company
Sfr Jv-2 2024-2 Borrower Llc -- None Listed On Document
Sfr Jv-2 Ntl Borrower Llc -- --
Sfr Jv 2 Property Llc $190,000 Papastrat John H
Harris Keith $190,000 Coe Angela D
Schneck Gregory A -- Chicago Title
Allen Brittany M -- None Available
Mcclure Curtis L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sfr Jv-2 2024-2 Borrower Llc $686,773,000
Previous Owner Schneck Gregory A $102,297
Previous Owner Allen Brittany M $98,188
Previous Owner Mcclure Curtis L $95,460
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 For Sale $190,000 0.0% $150 / Sq Ft
05/04/2022 05/04/22 Sold $190,000 +90.2% $150 / Sq Ft
08/01/2012 08/01/12 Sold $99,900 0.0% $79 / Sq Ft
06/20/2012 06/20/12 Pending -- -- --
04/04/2012 04/04/12 For Sale $99,900 -- $79 / 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 $4,046 $182,900 $32,000 $150,900
2023 $3,785 $170,100 $32,000 $138,100
2022 $1,725 $156,500 $28,200 $128,300
2021 $1,437 $131,500 $28,200 $103,300
2020 $1,325 $121,700 $28,200 $93,500
2019 $1,294 $119,000 $10,000 $109,000
2018 $1,059 $112,700 $10,000 $102,700
2017 $1,000 $99,000 $10,000 $89,000
2016 $800 $89,100 $10,000 $79,100
2014 $732 $80,500 $15,200 $65,300
2013 $732 $84,100 $15,400 $68,700
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    Non-BLC Member

    MIBOR REALTOR® Association

    (317) 956-1912

    Non-BLC Member
    Section Image
  • Anthony Robinson

    Buyer's Agent in 2022

    Anthony Robinson

    Keller Williams Indy Metro NE

    (317) 506-6925

    13 in this area

    774 Total Sales

    Section Image
  • Jan Mathis

    Seller's Agent in 2012

    Jan Mathis

    Mathis Real Estate

    (317) 523-2324

    54 Total Sales

    Jan Mathis
    Section Image
  • Chris Pagano

    Buyer's Agent in 2012

    Chris Pagano

    Your Home Team

    (317) 627-5559

    3 in this area

    71 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21868697

MIBOR Broker Listing Cooperative®

APN: 41-05-33-011-111.000-009

Indiana Johnson County Franklin 46131

1485 Michigan Rd, Franklin, IN

This home is located at 1485 Michigan Rd, Franklin, IN 46131 since 02 May 2022 and is currently estimated at $225,354, approximately $178 per square foot. This property was built in 1993. 1485 Michigan Rd is a home located in Johnson County with nearby schools including Creekside Elementary School, Franklin Community Middle School, and Custer Baker Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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