NOT LISTED FOR SALE

1531 Michigan Rd Franklin, IN 46131

Estimated Value: $250,000 - $288,000

4 Beds
2 Baths
2,220 Sq Ft
$120/Sq Ft Est. Value

Last Sold May 25, 2012

Last sale price $44,900 $20 Per Sq Ft

Est. 493% increase in value since last sale

Current estimated payment $1,601/month

14 Days on Market

About This Home

As of May 2012

Large home. Lot backs up to vacant field. Fenced back yard. Wood deck and mini storage barn. Has a lot of potential but needs work. Could be a great place to call home. A lot of sq. footage for the money. Sold as is!

Last Agent to Sell the Property

Kyle Johnson

Berkshire Hathaway Home License #RB14023986 Listed on: 04/19/2012

Berkshire Hathaway Home

Co-Listed By

Wilma Harmening

Last Buyer's Agent

Debbie Meyer

RE/MAX Advanced Realty

RE/MAX Advanced Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,022

Year Built

  • 1993

Lot Details

  • 8,712

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Combination Kitchen and Dining Room
  • Landscaped with Trees

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,022

Year Built

1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Other
  • Transaction Type: Sale
  • Architectural Style: Tri-Level
  • Directions: 31 South of Whiteland turn west on Christian Dr. Turn south on William and follow around curves and becomes Maria. Take Maria to Jason. Then Jason south to Michigan Rd. turn west to 1531.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: KNOLLWOOD FARMS
  • Special Features: None
  • Year Built: 1993

Interior Features

  • Appliances: None
  • Has Basement: Unfinished
  • Areas Interior: Foyer Small
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1660
  • Main Level Sq Ft: 1100
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Below Grade Sq Ft: 560
  • Upper Level Sq Ft: 560
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: Basement
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Window Metal
  • Other Equipment: Not Applicable

Exterior Features

  • Exterior Features: Barn Storage, Driveway Gravel
  • Foundation Details: Wood
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch
  • Construction Type: Vinyl Siding
  • Disclosures: BankOwned

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached

Utilities

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

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Trees Small
  • Lot Number: 347
  • Lot Size: 68x130

Tax Info

  • Semi Annual Property Tax Amt: 511
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption
  • Tax Annual Amount: 1022
  • Tax Year: 2012

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2013
Sold by
Heldman Ryan C
Bought by
Heldman William J and Heldman Pamela J
Current Estimated Value
$266,266

Purchase Details

Closed on
Nov 13, 2012
Sold by
Heldman William J and Heldman Pamela J
Bought by
Heldmana Ryan C

Purchase Details

Listed on
Apr 19, 2012
Closed on
May 17, 2012
Sold by
Hsbc Bank Usa Na
Bought by
Heldman William J and Heldman Pamela J
Seller's Agent
Kyle Johnson
Berkshire Hathaway Home
Buyer's Agent
Debbie Meyer
RE/MAX Advanced Realty
List Price
$44,900
Sold Price
$44,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.07%

Purchase Details

Closed on
Nov 17, 2011
Sold by
Mcdonald Brian L
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
May 22, 2007
Sold by
Mcdonald Brian L and Mcdonald Lora R
Bought by
Mcdonald Lora R

Purchase Details

Closed on
Sep 22, 2006
Sold by
Click William R and Click Kathy S
Bought by
Mcdonald Brian L and Mcdonald Lora R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
8.45%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Heldman William J -- Security Title Services
Heldmana Ryan C $56,000 None Available
Heldman William J -- None Available
Hsbc Bank Usa Na $66,725 None Available
Mcdonald Lora R -- None Available
Mcdonald Brian L -- Investors Titlecorp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdonald Brian L $102,000
Closed Heldmana Ryan C $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2012 05/25/12 Sold $44,900 0.0% $20 / Sq Ft
05/04/2012 05/04/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $44,900 -- $20 / 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 $2,385 $239,300 $32,000 $207,300
2024 $2,385 $216,200 $32,000 $184,200
2023 $2,289 $206,600 $32,000 $174,600
2022 $2,110 $190,400 $28,200 $162,200
2021 $1,754 $159,400 $28,200 $131,200
2020 $1,445 $132,600 $28,200 $104,400
2019 $1,296 $119,600 $10,000 $109,600
2018 $1,113 $110,800 $10,000 $100,800
2017 $1,117 $109,700 $10,000 $99,700
2016 $1,011 $103,000 $10,000 $93,000
2014 $963 $95,300 $16,700 $78,600
2013 $963 $99,000 $16,700 $82,300
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kyle Johnson

    Berkshire Hathaway Home

    (317) 881-7900

    16 Total Sales

    Kyle Johnson
    Section Image

  • W

    Seller Co-Listing Agent in 2012

    Wilma Harmening

  • D

    Buyer's Agent in 2012

    Debbie Meyer

    RE/MAX

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21172267

MIBOR Broker Listing Cooperative®

APN: 41-05-33-012-038.000-009

Indiana Johnson County Franklin 46131

1531 Michigan Rd, Franklin, IN

Not Listed for Sale

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