NOT LISTED FOR SALE

1497 Michigan Rd Franklin, IN 46131

Estimated Value: $256,000 - $311,000

4 Beds
3 Baths
1,832 Sq Ft
$153/Sq Ft Est. Value

Last Sold June 08, 2012

Last sale price $106,000 $58 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $1,717/month

37 Days on Market

About This Home

As of June 2012

This home is perfect! 4 Bedroom and 3 FULL Bath gems like this are hard to find in this neighborhood. Absolutely nothing needs to be done to this home, completely move in ready. TWO MASTER SUITES!! Master has a deck off of it! INCREDIBLE! Downstairs has it's own work out space, living area, bed and full bath. Sun room is surrounded by sliding glass doors, perfect for summer parties, not to mention huge concrete patio off of sunroof. The home is priced way below assessed value.

Last Agent to Sell the Property

Andrew Dallas

Blue Properties Brokerage License #RB14037129 Listed on: 03/31/2012

Last Buyer's Agent

Lora Reynolds

Weichert, REALTORS - Success!

Weichert, REALTORS - Success!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $946

Year Built

  • 1993

Lot Details

  • 9,845

HOA Fees

  • $5 per month

Basement

  • Laundry in Basement

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$946

Year Built

1993

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Other
  • Transaction Type: Sale
  • Architectural Style: Tri-Level
  • Directions: Go US31 South past Whiteland Rd, Turn Right onto Israel Lane, Left onto William Ave, Right onto Jason Ave., Stay Left on Jason Ave at the split, Turn Right onto Michigan, home is second one on left.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: KNOLLWOOD FARMS
  • Special Features: None
  • Year Built: 1993

Interior Features

  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
  • Has Basement: Finished
  • Areas Interior: Laundry in Basement
  • Eating Area: Dining Combo/Family Room,Pantry
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1222
  • Main Level Sq Ft: 622
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Bedroom 2nd Master,Balcony
  • Below Grade Sq Ft: 610
  • Upper Level Sq Ft: 600
  • Pct Optional Level Finished: 75+%
  • Bathroom Areas: 3.0000
  • Optional Level Below Grade: Daylight Window Basement
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Attic Access
  • Other Equipment: Sump Pump

Exterior Features

  • Exterior Features: Barn Mini, Driveway Concrete
  • Foundation Details: Wood
  • Association Maintained Building Exterior: 0
  • Construction Type: Brick, Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 65
  • Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Snow Removal

Lot Info

  • Acres: 1/4-1/2 Acre
  • Lot Number: 273
  • Lot Size: 69x135

Tax Info

  • Semi Annual Property Tax Amt: 473
  • Tax Exemption: HomesteadTaxExemption,VeteranTaxExemption
  • Tax Annual Amount: 946
  • Tax Year: 2011

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2012
Closed on
Jun 8, 2012
Sold by
Tucker Ryan J and Tucker Amy E
Bought by
Dobbs Rachel J
Seller's Agent
Andrew Dallas
Blue Properties Brokerage
Buyer's Agent
Lora Reynolds
Weichert, REALTORS - Success!
List Price
$106,000
Sold Price
$106,000
Current Estimated Value
$281,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,106
Avg. Annual Appreciation
7.60%
Original Mortgage
$100,700
Outstanding Balance
$70,166
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$210,940

Purchase Details

Closed on
Nov 21, 2008
Sold by
Mascari Michael
Bought by
Tucker Ryan J and Tucker Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,360
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2008
Sold by
Summers Jimmie D
Bought by
Mascari Michael

Purchase Details

Closed on
Jul 21, 2005
Sold by
Ayers John T and Ayers Elke
Bought by
M & I Bank Fsb

Purchase Details

Closed on
Jan 23, 2005
Sold by
M & I Bank Fsb
Bought by
Smmers Jimmie D and Summers Windy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,455
Interest Rate
6.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Dobbs Rachel J -- Title Solutions Plus Corpora
Tucker Ryan J -- Midwest Title Corporation
Mascari Michael $62,200 None Available
M & I Bank Fsb $106,640 None Available
Smmers Jimmie D -- Investors Titlecorp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dobbs Rachel J $100,700
Previous Owner Tucker Ryan J $79,360
Previous Owner Smmers Jimmie D $98,455
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2012 06/08/12 Sold $106,000 0.0% $58 / Sq Ft
05/08/2012 05/08/12 Pending -- -- --
03/31/2012 03/31/12 For Sale $106,000 -- $58 / 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
2025 $2,667 $264,900 $32,000 $232,900
2024 $2,667 $241,100 $32,000 $209,100
2023 $2,556 $230,100 $32,000 $198,100
2022 $2,362 $212,300 $28,200 $184,100
2021 $1,951 $176,600 $28,200 $148,400
2020 $1,603 $146,300 $28,200 $118,100
2019 $1,628 $148,500 $10,000 $138,500
2018 $1,378 $137,200 $10,000 $127,200
2017 $1,383 $136,300 $10,000 $126,300
2016 $1,242 $127,700 $10,000 $117,700
2014 $1,178 $116,800 $17,800 $99,000
2013 $1,178 $121,400 $17,600 $103,800
Source: Public Records

Agents Affiliated with this Home

  • Andrew Dallas

    Seller's Agent in 2012

    Andrew Dallas

    Blue Properties Brokerage

    (317) 679-0303

    11 Total Sales

    Andrew Dallas
    Section Image

  • L

    Buyer's Agent in 2012

    Lora Reynolds

    Weichert, REALTORS - Success!

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21168780

MIBOR Broker Listing Cooperative®

APN: 41-05-33-011-114.000-009

Indiana Johnson County Franklin 46131

1497 Michigan Rd, Franklin, IN

This home is located at 1497 Michigan Rd, Franklin, IN 46131 since 31 March 2012 and is currently estimated at $281,106, approximately $153 per square foot. This property was built in 1993. 1497 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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