$174,000
SOLD SEP 6, 2024

1520 Lochry Rd Franklin, IN 46131

3 Beds
1 Bath
750 Sq Ft
5,606 Sq Ft Lot

Recently Sold

$232 Per Sq Ft

13% Below List Price

57 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Eat-In Kitchen
  • Corner Lot
  • 1 Car Attached Garage
  • Forced Air Heating System

About This Home

As of September 2024

Welcome to this beautifully remodeled 3-bedroom, 1-bath home. Enjoy easy access to downtown Franklin, shopping, and schools. This home features a new roof and HVAC system installed in 2019, ensuring modern comfort and reliability. Don't miss out on this fantastic opportunity!

Last Agent to Sell the Property

Jason Barnhizer

Keller Williams Indy Metro S Brokerage Email: jasonbarnhizer@kw.com License #RB18001236 Listed on: 06/17/2024

Keller Williams Indy Metro S

Last Buyer's Agent

Scott Smith

Keller Williams Indy Metro S License #RB14021668

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,326

Year Built

  • Built in 1955

Lot Details

  • 5,606 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 750 Sq Ft Home
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Franklin Community Middle School
  • Custer Baker Intermediate School
  • Franklin Community High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Lochry Subdivision

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 410811033097000009
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,326

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1955
  • Building Area Total: 750
  • Garage Y N: Yes
  • Lot Size Acres: 0.13
  • Subdivision Name: Lochry
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: jasonbarnhizer@kw.com
  • Attribution Contact: jasonbarnhizer@kw.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, MicroHood, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Windows Vinyl
  • Living Area: 750
  • Main Level Bedrooms: 3
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 750
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • List Price: 184900

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached
  • Garage Sq Ft: 336

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Franklin Community Middle School
  • MBR_IntermediateSchool: Custer Baker Intermediate School

Lot Info

  • Lot Features: Corner Lot
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 5606
  • Parcel Number: 410811033097000009
  • Acres: <1/4 Acre
  • Price Acre: 1338462

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1326
  • Tax Lot: 41
  • Semi Annual Property Tax Amt: 663
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • High School: Franklin Community High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Sep 6, 2024
Sold by
Neel Garrick M
Bought by
Shipe William J
Seller's Agent
Jason Barnhizer
Keller Williams Indy Metro S
Buyer's Agent
Scott Smith
Keller Williams Indy Metro S
List Price
$199,000
Sold Price
$174,000
Premium/Discount to List
-$25,000
-12.56%
Views
203
Current Estimated Value
$173,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$909
Avg. Annual Appreciation
-2.40%
Original Mortgage
$165,300
Outstanding Balance
$164,293
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$6,443

Purchase Details

Listed on
Jan 7, 2019
Closed on
Feb 13, 2019
Sold by
Limp Danny D
Bought by
Neel Garrick M
Seller's Agent
Cal Findley
Keller Williams Indy Metro S
Buyer's Agent
Aaron Henson
Coldwell Banker Stiles
List Price
$99,900
Sold Price
$95,300
Premium/Discount to List
-$4,600
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.41%
Original Mortgage
$93,573
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2017
Sold by
Lynn Laura Fay and Faye Allya
Bought by
Limp Danny D
Source: Public Records

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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 $174,000 Alliance Title
Warranty Deed -- Denali Title & Escrow Agency
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $165,300 New Conventional
Previous Owner $93,573 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $174,000 -5.9% $232 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
08/02/2024 08/02/24 Price Changed $184,900 -2.2% $247 / Sq Ft
07/19/2024 07/19/24 Price Changed $189,000 -2.6% $252 / Sq Ft
07/12/2024 07/12/24 Price Changed $194,000 -2.5% $259 / Sq Ft
06/17/2024 06/17/24 For Sale $199,000 +108.8% $265 / Sq Ft
02/13/2019 02/13/19 Sold $95,300 -4.6% $127 / Sq Ft
01/15/2019 01/15/19 Pending -- -- --
01/07/2019 01/07/19 For Sale $99,900 -- $133 / 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 $1,416 $130,600 $16,500 $114,100
2023 $1,316 $123,700 $16,500 $107,200
2022 $1,175 $108,100 $16,500 $91,600
2021 $1,017 $94,300 $16,500 $77,800
2020 $945 $88,100 $14,800 $73,300
2019 $456 $52,800 $8,000 $44,800
2018 $948 $47,400 $8,000 $39,400
2017 $0 $47,100 $8,000 $39,100
2016 -- $45,500 $8,000 $37,500
2014 -- $43,100 $13,600 $29,500
2013 -- $44,800 $13,600 $31,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21985578

MIBOR Broker Listing Cooperative®

APN: 41-08-11-033-097.000-009