NOT LISTED FOR SALE

1499 Michigan Rd Franklin, IN 46131

Estimated Value: $246,123 - $268,000

3 Beds
2 Baths
1,612 Sq Ft
$158/Sq Ft Est. Value

Highlights

  • Covered Patio or Porch
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage
  • Storm Windows
  • Combination Kitchen and Dining Room

About This Home

As of August 2022

A covered front porch welcomes you to this wonderful multilevel home with 3 bedrooms and 2 baths. This floor plan has separate common areas that creates a cozy atmosphere! You'll also find a bonus room that would make a great office or spare bedroom. The kitchen is equipped with plenty of cabinet and counter space and a patio with a tree lined fence for privacy completes the backyard! This home is simply one you must see for yourself!

Last Agent to Rent the Property

Jason McCart

Goal Properties Listed on: 07/09/2022

Last Renter's Agent

Jason McCart

Dropped Members License #RB14039406

Dropped Members

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,102

Year Built

  • Built in 1994

Lot Details

  • 8,276

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Multi-Level Property
  • Window Screens
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 8,276 Sq Ft Lot

Community Details

  • Knollwood Farms Subdivision

Listing and Financial Details

  • Security Deposit $1,545
  • Tenant pays for electricity, gas, insurance, sewer, trash collection, all utilities, water
  • The owner pays for taxes, no utilities
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Assessor Parcel Number 410533012044000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,102

Year Built

Built in 1994

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Gas, Insurance, Sewer, Trash Collection, All Utilities, Water
  • Lease Price: 1545.00
  • Min Lease Req: 12
  • Pet Deposit: 300
  • Security Deposit: 1545
  • Smoking: 0
  • Application Fee: 50.00
  • Pet Deposit Refundable Y N: 0
  • Security Deposit Refundable Y N: 1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Multi-Level
  • Property Type: Residential Lease
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 1612
  • Garage Y N: Yes
  • Lot Size Acres: 0.19
  • Subdivision Name: KNOLLWOOD FARMS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Lease
  • Accessibility Features YN: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Levels: Multi/Split
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Furnished: Unfurnished
  • Interior Amenities: Screens Complete, Storms Complete
  • Other Equipment: Smoke Detector
  • Owner Pays: Taxes, No Utilities
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1612
  • Main Level Sq Ft: 1206
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 406

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Crawl Space, Slab
  • List Price: 1545
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Connected,Gas Connected
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Pets Allowed: W/Approval
  • Management Company Name: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 410533012044000009
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights
  • Lot Number: 353
  • Lot Size: 72x115

Green Features

  • Green Certification Y N: 0

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2016
Sold by
Mnsf Ii Acquisition Llc
Bought by
Mnsf Ii W1 Llc
Current Estimated Value
$254,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 5, 2015
Sold by
Citimortgage Inc
Bought by
Mnsf Ii Acquisitions Llc

Purchase Details

Closed on
Sep 17, 2015
Sold by
Mason Neal W and Mason Neal W
Bought by
Citimortgage Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mnsf Ii W1 Llc -- None Available
Mnsf Ii Acquisitions Llc $58,000 None Available
Citimortgage Inc $69,720 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mnsf Ii W1 Llc $200,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2022 08/03/22 Rented $1,545 0.0% --
07/20/2022 07/20/22 Price Changed $1,545 -6.1% $1 / Sq Ft
07/09/2022 07/09/22 For Rent $1,645 +49.5% --
05/20/2016 05/20/16 Rented -- -- --
04/28/2016 04/28/16 For Rent $1,100 -- --
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 $4,102 $232,900 $32,000 $200,900
2024 $4,102 $185,400 $32,000 $153,400
2023 $4,126 $185,400 $32,000 $153,400
2022 $3,251 $145,800 $28,200 $117,600
2021 $2,783 $124,800 $28,200 $96,600
2020 $2,783 $124,800 $28,200 $96,600
2019 $2,783 $124,800 $10,000 $114,800
2018 $2,054 $102,700 $10,000 $92,700
2017 $2,064 $112,200 $10,000 $102,200
2016 $1,018 $105,200 $10,000 $95,200
2014 $987 $98,700 $16,600 $82,100
2013 $987 $102,800 $16,600 $86,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21869082

MIBOR Broker Listing Cooperative®

APN: 41-05-33-012-044.000-009