NOT LISTED FOR SALE

1524 Michigan Rd Franklin, IN 46131

Estimated Value: $217,000 - $250,000

3 Beds
2 Baths
1,188 Sq Ft
$199/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $116,200 $98 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,413/month

Highlights

  • Ranch Style House
  • Shed
  • Garage
  • Thermal Windows
  • Forced Air Heating and Cooling System

About This Home

As of April 2017

Move in-ready! This is NOT a flip. Yet, just prior to going on the market, the sellers have installed brand new flooring in the kitchen, a brand new kitchen sink, brand new carpeting in the bedrooms, freshly painted throughout (including inside the garage). And, the roof is only five years old! In short, this one looks and feels like a new house! Price to sell, this one will not last! All appliances and wooden playset included.

Last Agent to Sell the Property

Loren Scott

Listed on: 03/22/2017

Last Buyer's Agent

Johnny Humphrey

Trendify Realty License #RB16001380

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $848

Year Built

  • Built in 1993

Lot Details

  • 7,405 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,188 Sq Ft Home
  • Thermal Windows
  • Great Room with Fireplace
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Additional Features

  • Shed
  • Forced Air Heating and Cooling System

Community Details

  • Knollwood Farms Subdivision
  • Property managed by Elite Property Management Svc

Listing and Financial Details

  • Assessor Parcel Number 410533012049000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$848

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1993
  • Garage Y N: Yes
  • Lot Size Acres: 0.17
  • Subdivision Name: KNOLLWOOD FARMS
  • Inspection Warranties: Not Applicable
  • Property Description: Move in-ready! This is NOT a flip. Yet, just prior to going on the market, the sellers have installed brand new flooring in the kitchen, a brand new kitchen sink, brand new carpeting in the bedrooms, freshly painted throughout (including inside the garage). And, the roof is only five years old! In short, this one looks and feels like a new house! Price to sell, this one will not last! All appliances and wooden playset included.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Windows Thermal
  • Living Area: 1188
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Areas Interior: Foyer Small
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1188
  • Main Level Sq Ft: 1188
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: TubFull
  • Total Sq Ft: 1188
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl With Stone
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini, Driveway Concrete, Fence Full Rear
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage
  • Num Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: Elite Property Management Svc
  • Management Company Phone: 317-534-0200

Fee Information

  • Mandatory Fee: 65

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 410533012049000009
  • Acres: <1/4 Acre
  • Lot Number: 358
  • Lot Size: 68x110

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 848
  • Semi Annual Property Tax Amt: 424
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2017
Closed on
Apr 28, 2017
Sold by
Obrien Kathleen J
Bought by
Burress Miford G and Burress Marjorie G
Seller's Agent
Loren Scott
Buyer's Agent
Johnny Humphrey
Trendify Realty
List Price
$114,900
Sold Price
$116,200
Premium/Discount to List
$1,300
1.13%
Current Estimated Value
$236,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,507
Avg. Annual Appreciation
8.63%
Original Mortgage
$92,960
Outstanding Balance
$77,392
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$159,315

Purchase Details

Listed on
Mar 21, 2014
Closed on
May 1, 2014
Sold by
Clark Justin K and Smith Lauren D
Bought by
Brien Kathleen J O
Seller's Agent
Amanda Johnson
Cottingham Realty, Appraisal
Buyer's Agent
Pam Ozbun
CENTURY 21 Scheetz
List Price
$109,900
Sold Price
$102,000
Premium/Discount to List
-$7,900
-7.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
Original Mortgage
$76,500
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2009
Sold by
Deutsche Bank National Trust Co
Bought by
Clark Justin K and Smith Lauren D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,814
Interest Rate
4.83%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 15, 2009
Sold by
Haas Jodediah J
Bought by
Deutsche Bank National Trust Co
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burress Miford G -- None Available
Brien Kathleen J O -- None Available
Clark Justin K -- Federated Land Titel Agency
Deutsche Bank National Trust Co $81,420 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burress Miford G $92,960
Previous Owner Brien Kathleen J O $76,500
Previous Owner Clark Justin K $58,814
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2017 04/28/17 Sold $116,200 +1.1% $98 / Sq Ft
03/23/2017 03/23/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $114,900 +12.6% $97 / Sq Ft
05/01/2014 05/01/14 Sold $102,000 -7.2% $86 / Sq Ft View Prior Sale
03/27/2014 03/27/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $109,900 -- $93 / 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 $2,009 $201,700 $32,000 $169,700
2024 $2,009 $183,000 $32,000 $151,000
2023 $1,876 $170,200 $32,000 $138,200
2022 $1,742 $156,600 $28,200 $128,400
2021 $1,420 $130,400 $28,200 $102,200
2020 $1,310 $120,800 $28,200 $92,600
2019 $1,256 $116,100 $10,000 $106,100
2018 $1,040 $110,000 $10,000 $100,000
2017 $980 $96,000 $10,000 $86,000
2016 $848 $86,500 $10,000 $76,500
2014 $676 $78,600 $15,200 $63,400
2013 $676 $81,400 $15,200 $66,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Loren Scott

  • J

    Buyer's Agent in 2017

    Johnny Humphrey

    Trendify Realty

    Section Image
  • Amanda Johnson

    Seller's Agent in 2014

    Amanda Johnson

    Cottingham Realty, Appraisal

    (317) 201-7753

    57 Total Sales

    Amanda Johnson
    Section Image

  • P

    Buyer's Agent in 2014

    Pam Ozbun

    CENTURY 21 Scheetz

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21472223

MIBOR Broker Listing Cooperative®

APN: 41-05-33-012-049.000-009

Indiana Johnson County Franklin 46131

1524 Michigan Rd, Franklin, IN

Not Listed for Sale

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