1492 Michigan Rd Franklin, IN 46131
2
Beds
2
Baths
885
Sq Ft
10,263
Sq Ft Lot
Highlights
- 1 Fireplace
- 2 Car Attached Garage
- Forced Air Heating System
- Formal Dining Room
- Walk-In Closet
About This Home
As of May 2025Seller may consider buyer concessions if made in an offer. Welcome to this charming home with a cozy fireplace, complemented by a natural color palette throughout. The primary bathroom boasts good under sink storage. The home also features a patio, perfect for outdoor relaxation, and a fenced-in backyard for added privacy. The property also features a new roof, fresh interior paint, and partial flooring replacement in some areas. Don't miss the opportunity to own this beautiful home with these fantastic attributes. Don't miss this opportunity to own a piece of paradise.
Last Agent to Sell the Property
Opendoor Brokerage LLC Brokerage Email: Sfarrar@opendoor.com License #RB14048287 Listed on: 02/25/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,122
Year Built
- Built in 1993
HOA Fees
- $5 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Vinyl Siding
Interior Spaces
- 885 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Vinyl Clad Windows
- Window Screens
- Formal Dining Room
- Laminate Flooring
- Attic Access Panel
Kitchen
- Electric Oven
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
Schools
- Creekside Elementary School
- Franklin Community Middle School
- Custer Baker Intermediate School
- Franklin Community High School
Additional Features
- 10,263 Sq Ft Lot
- Forced Air Heating System
Community Details
- Association Phone (317) 534-0200
- Knollwood Farms Subdivision
- Property managed by Elite Property Management Services of Indiana, Inc.
Listing and Financial Details
- Tax Lot 296
- Assessor Parcel Number 410533011137000009
- Seller Concessions Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2025
Closed on
May 2, 2025
Sold by
Opendoor Property Trust
Bought by
Flannagan-Kane Brooke and Kane Austin
Seller's Agent
Shelby Farrar
Opendoor Brokerage LLC
Buyer's Agent
Wade Williams
Trueblood Real Estate
List Price
$246,000
Sold Price
$241,000
Premium/Discount to List
-$5,000
-2.03%
Views
146
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$233,770
Outstanding Balance
$233,770
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$8,911
Purchase Details
Closed on
Nov 9, 2024
Sold by
Fields Tyler W and Fields Kira Lynn-Marie
Bought by
Opendoor Property Trust
Purchase Details
Listed on
Sep 29, 2020
Closed on
Nov 25, 2020
Sold by
Wilhelm Christopher and Wilhelm Emily
Bought by
Fields Tyler W
Seller's Agent
Autumne Streeval
F.C. Tucker Real Estate Experts
Buyer's Agent
Ryan Crissinger
RE/MAX Real Estate Prof
List Price
$154,000
Sold Price
$154,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%
Original Mortgage
$151,210
Interest Rate
2.8%
Mortgage Type
FHA
Purchase Details
Listed on
Jan 1, 2015
Closed on
Feb 11, 2015
Sold by
Red Brick Partners Llc
Bought by
Wilhelm Christopher and Penderghest Emily N
Seller's Agent
Ron Rose
Indiana Realty Pros, Inc.
Buyer's Agent
Misty Hicks
List Price
$100,000
Sold Price
$100,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$98,188
Interest Rate
4.4%
Mortgage Type
FHA
Similar Homes in Franklin, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $241,000 | Os National Title | |
| Warranty Deed | $215,200 | Os National Title | |
| Warranty Deed | $215,200 | Os National Title | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $233,770 | New Conventional | |
| Previous Owner | $151,210 | FHA | |
| Previous Owner | $98,188 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2025 05/02/25 | Sold | $241,000 | -0.8% | $272 / Sq Ft |
| 04/02/2025 04/02/25 | Pending | -- | -- | -- |
| 03/13/2025 03/13/25 | Price Changed | $243,000 | -1.2% | $275 / Sq Ft |
| 02/25/2025 02/25/25 | For Sale | $246,000 | +59.7% | $278 / Sq Ft |
| 11/25/2020 11/25/20 | Sold | $154,000 | 0.0% | $99 / Sq Ft |
| 10/21/2020 10/21/20 | Pending | -- | -- | -- |
| 10/21/2020 10/21/20 | Price Changed | $154,000 | 0.0% | $99 / Sq Ft |
| 10/21/2020 10/21/20 | For Sale | $154,000 | -5.2% | $99 / Sq Ft |
| 10/05/2020 10/05/20 | Pending | -- | -- | -- |
| 09/29/2020 09/29/20 | For Sale | $162,500 | +62.5% | $105 / Sq Ft |
| 02/11/2015 02/11/15 | Sold | $100,000 | 0.0% | $68 / Sq Ft |
| 01/29/2015 01/29/15 | Pending | -- | -- | -- |
| 12/31/2014 12/31/14 | For Sale | $100,000 | -- | $68 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $2,208 | $200,600 | $32,000 | $168,600 |
| 2023 | $2,112 | $191,800 | $32,000 | $159,800 |
| 2022 | $1,964 | $176,700 | $28,200 | $148,500 |
| 2021 | $1,621 | $146,900 | $28,200 | $118,700 |
| 2020 | $1,335 | $122,600 | $28,200 | $94,400 |
| 2019 | $1,280 | $117,800 | $10,000 | $107,800 |
| 2018 | $1,084 | $109,000 | $10,000 | $99,000 |
| 2017 | $1,087 | $107,700 | $10,000 | $97,700 |
| 2016 | $997 | $101,000 | $10,000 | $91,000 |
| 2014 | $628 | $89,100 | $18,300 | $70,800 |
| 2013 | $628 | $86,700 | $18,300 | $68,400 |
Source: Public Records
Agents Affiliated with this Home
-
Shelby Farrar
S
Seller's Agent in 2025
Shelby Farrar
Opendoor Brokerage LLC
(317) 702-1221
-
Wade Williams
Buyer's Agent in 2025
Wade Williams
Trueblood Real Estate
(773) 383-2379
1 in this area
43 Total Sales
-
Autumne Streeval
A
Seller's Agent in 2020
Autumne Streeval
F.C. Tucker Real Estate Experts
(812) 371-9983
2 in this area
15 Total Sales
-
Buyer's Agent in 2020
Ryan Crissinger
RE/MAX
(812) 350-8022
1 in this area
208 Total Sales
-
Buyer Co-Listing Agent in 2020
Jennifer Hellmioch
RE/MAX
-
Jennifer Hellmich
J
Buyer Co-Listing Agent in 2020
Jennifer Hellmich
Weichert, REALTORS®
1 in this area
44 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22023765
APN: 41-05-33-011-137.000-009
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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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