$135,000
SOLD FEB 25, 2020

150 Walnut St Franklin, IN 46131

-- Bed
-- Bath
2,292 Sq Ft
6,961 Sq Ft Lot

Recently Sold

$59 Per Sq Ft

4% Above List Price

4 Days on Market

About This Home

As of May 2023

Amazing opportunity for an investment in the heart of Franklin. Two of the tenants are on long term leases and the third unit is vacant for showings. This property generates $1,550 a month!!! If you have been thinking of investing and having a rental property, this is your chance! This property is priced to sell.

Last Agent to Sell the Property

Christy Norton

Norton Premier Real Estate License #RB16000482 Listed on: 01/23/2020

Last Buyer's Agent

Lucy Endris

Carpenter, REALTORS®

Carpenter, REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,322

Year Built

  • Built in 1900

Home Design

  • Vinyl Siding

Additional Features

  • 2-Story Property
  • 6,961 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Tenant pays for cable tv electricity gas insurance
  • The owner pays for lawncare sewer water
  • Assessor Parcel Number 410814034049000009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,322

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Other
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1900
  • Lot Size Acres: 0.1598
  • Structure Type: Triplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Amazing opportunity for an investment in the heart of Franklin. Two of the tenants are on long term leases and the third unit is vacant for showings. This property generates $1,550 a month!!! If you have been thinking of investing and having a rental property, this is your chance! This property is priced to sell.
  • Transaction Type: Sale
  • Unit Count: 3
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Lawncare,Sewer,Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 2292
  • Laundry: Connections Some

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 129900

Garage/Parking

  • Unit Parking: On Street,Parking Lot,Unpaved

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 4392

Lot Info

  • Parcel Number: 410814034049000009
  • Zoning: Triplex
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Sidewalks
  • Lot Number: 7
  • Lot Size: 6,961

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Insurance

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2322
  • Semi Annual Property Tax Amt: 1161
  • Tax Exemption: None

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
May 3, 2023
Sold by
Stier David
Bought by
Chastain Taylor Brooke
Seller's Agent
Lucy Endris
Keller Williams Indy Metro S
Buyer's Agent
Lucy Endris
Carpenter, REALTORS®
List Price
$185,000
Sold Price
$185,000
Views
2
Current Estimated Value
$249,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,111
Avg. Annual Appreciation
17.97%

Purchase Details

Listed on
Jan 23, 2020
Closed on
Feb 25, 2020
Sold by
Stout Investments Llc
Bought by
Stier David and Hash Alexis M
Seller's Agent
Christy Norton
Norton Premier Real Estate
Buyer's Agent
Lucy Endris
Carpenter, REALTORS®
List Price
$129,900
Sold Price
$135,000
Premium/Discount to List
$5,100
3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%
Original Mortgage
$108,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 2, 2018
Closed on
Sep 28, 2018
Sold by
Tlc Investments Llc
Bought by
Stout Investments Llc
Seller's Agent
Todd Cook
Keller Williams Indy Metro S
Buyer's Agent
Gregory Leugers
Keller Williams Indy Metro S
List Price
$83,000
Sold Price
$83,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.55%
Original Mortgage
$88,560
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 2017
Sold by
Wood Andrew J and Wood Leslie R
Bought by
Tlc Investments Indy Llc
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 Type Sale Price Title Company
Warranty Deed $185,000 Denali Title
Warranty Deed -- Denali Title & Escrow Agency
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $108,000 Adjustable Rate Mortgage/ARM
Previous Owner $88,560 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Sold $185,000 0.0% $81 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $185,000 +37.0% $81 / Sq Ft
02/25/2020 02/25/20 Sold $135,000 +3.9% $59 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $129,900 +56.5% $57 / Sq Ft
10/02/2018 10/02/18 Sold $83,000 0.0% $36 / Sq Ft
10/02/2018 10/02/18 For Sale $83,000 +10.7% $36 / Sq Ft
07/01/2016 07/01/16 Sold $75,000 0.0% $33 / Sq Ft
06/18/2016 06/18/16 Pending -- -- --
05/08/2016 05/08/16 For Sale $75,000 -- $33 / 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 $4,604 $189,500 $24,000 $165,500
2024 $4,604 $208,100 $24,000 $184,100
2023 $3,660 $164,800 $24,000 $140,800
2022 $3,361 $150,700 $24,000 $126,700
2021 $2,832 $127,000 $22,500 $104,500
2020 $3,104 $139,500 $22,500 $117,000
2019 $2,848 $128,000 $14,400 $113,600
2018 $2,258 $116,100 $14,400 $101,700
2017 $2,194 $109,700 $14,400 $95,300
2016 $1,614 $103,800 $14,400 $89,400
2014 $1,472 $75,500 $17,100 $58,400
2013 $1,472 $73,600 $17,100 $56,500
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lucy Endris

    Keller Williams Indy Metro S

    33 in this area

    63 Total Sales

    Lucy Endris
    Section Image
  • Christy Norton

    Seller's Agent in 2020

    Christy Norton

    Norton Premier Real Estate

    (317) 775-7812

    56 in this area

    117 Total Sales

    Christy Norton
    Section Image
  • Todd Cook

    Seller's Agent in 2018

    Todd Cook

    Keller Williams Indy Metro S

    (317) 503-3308

    14 in this area

    323 Total Sales

    Todd Cook
    Section Image
  • Gregory Leugers

    Buyer's Agent in 2018

    Gregory Leugers

    Keller Williams Indy Metro S

    (317) 695-7368

    79 in this area

    195 Total Sales

    Gregory Leugers
    Section Image

  • L

    Seller's Agent in 2016

    Leslie Wood

    L.R. Wood Realty LLC

    2 in this area

    20 Total Sales

    Leslie Wood
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21690363

MIBOR Broker Listing Cooperative®

APN: 41-08-14-034-049.000-009

Indiana Johnson County Franklin 46131

150 Walnut St, Franklin, IN

This home is located at 150 Walnut St, Franklin, IN 46131 and is currently priced at $135,000, approximately $58 per square foot. This property was built in 1900. 150 Walnut St is a home located in Johnson County with nearby schools including Northwood 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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