$25,000
SOLD FEB 10, 2020

1611 S Us Highway 31 Franklin, IN 46131

2 Beds
1 Bath
1,482 Sq Ft
0.5 Acres

Recently Sold

$17 Per Sq Ft

17% Below List Price

38 Days on Market

Highlights

  • 0.5 Acre Lot
  • L-Shaped Dining Room
  • Porch
  • Traditional Architecture
  • Wood Frame Window
  • 2 Car Attached Garage

About This Home

As of December 2020

Great Investment Opportunity in the city of Franklin. Single Family Home with 2 beds and 1 bath (make 3 beds by using garage space).The house has Solid Bones but requires repairs. spacious on the inside and has a great potential near downtown Franklin and easy access to interstate. There is one car attached garage, large lot and a good size unfinished basement. The property is currently vacant, sold AS-IS and available for renovating right away.

Last Agent to Sell the Property

Annette Nasby

Runnebohm Realty, LLC License #RB15000538 Listed on: 12/09/2019

Last Buyer's Agent

Annette Nasby

Runnebohm Realty, LLC License #RB15000538 Listed on: 12/09/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Stone

Interior Spaces

  • 1,482 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • L-Shaped Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Porch
  • 0.5 Acre Lot

Community Details

  • Johnson & Hughes Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 410825032015000019

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1947
  • Garage Y N: Yes
  • Lot Size Acres: 0.5
  • Subdivision Name: JOHNSON & HUGHES ADD
  • Inspection Warranties: Not Applicable
  • Property Description: Great Investment Opportunity in the city of Franklin. Single Family Home with 2 beds and 1 bath (make 3 beds by using garage space).The house has Solid Bones but requires repairs. spacious on the inside and has a great potential near downtown Franklin and easy access to interstate. There is one car attached garage, large lot and a good size unfinished basement. The property is currently vacant, sold AS-IS and available for renovating right away.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Windows Wood
  • Living Area: 1482
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Eating Area: Dining-L
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 988
  • Main Level Sq Ft: 988
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1482
  • Below Grade Sq Ft: 494
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Stone, Wood
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Brick
  • List Price: 30000
  • Association Maintained Building Exterior: 0
  • Porch: Porch Open

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: none

Fee Information

  • Mandatory Fee: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 410825032015000019
  • Acres: 1/2-1 Acre
  • Lot Information: Rural No Subdivision,Trees Small
  • Lot Number: 0
  • Lot Size: 21,780

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1772
  • Semi Annual Property Tax Amt: 886
  • Tax Exemption: None

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Dec 11, 2020
Sold by
Sundvall Frank L
Bought by
Riddell Tylor D and Whyde Gabrielle M
Seller's Agent
Annette Nasby
Runnebohm Realty, LLC
Buyer's Agent
Katelyn Bertling
Weichert REALTORS® Cooper Grou
List Price
$159,900
Sold Price
$160,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$237,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,628
Avg. Annual Appreciation
9.09%
Original Mortgage
$9,600
Outstanding Balance
$8,601
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$234,124

Purchase Details

Listed on
Dec 9, 2019
Closed on
Feb 10, 2020
Sold by
Ej Development Llc
Bought by
Sundvall Frank L
Seller's Agent
Annette Nasby
Runnebohm Realty, LLC
Buyer's Agent
Annette Nasby
Runnebohm Realty, LLC
List Price
$30,000
Sold Price
$25,000
Premium/Discount to List
-$5,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
811.46%

Purchase Details

Listed on
Aug 5, 2017
Closed on
Aug 23, 2017
Sold by
Simple Quaters Llc
Bought by
Ej Development Llc
Seller's Agent
Jaren Barnes
Buyer's Agent
Ronnie Reese
Red Bridge Real Estate
Sold Price
$44,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.31%
Original Mortgage
$64,790
Interest Rate
4.03%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 5, 2017
Closed on
Jul 7, 2017
Sold by
Dmx Enterprise Llc
Bought by
Simple Quarters Llc
Seller's Agent
Jaren Barnes
Buyer's Agent
Ronnie Reese
Red Bridge Real Estate
Sold Price
$44,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,790
Interest Rate
4.03%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 22, 2016
Sold by
Help The World Foundation Corp
Bought by
Dmx Enterprises Llc

Purchase Details

Closed on
Mar 22, 2016
Sold by
Ventures Wong
Bought by
Help The World Foundation Corp

Purchase Details

Closed on
Dec 22, 2015
Sold by
Bltrejv3 Indianapolis Llc
Bought by
Wong Ventures

Purchase Details

Closed on
Oct 22, 2015
Sold by
Bltrejv3 Indianapolis Llc
Bought by
Ventures Wong
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $25,000 Investors Title Services, Inc
Warranty Deed -- None Available
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $13,500 --
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $9,600 New Conventional
Open $157,102 FHA
Closed $157,102 FHA
Closed $9,600 New Conventional
Previous Owner $80,000 New Conventional
Previous Owner $64,790 Construction
Previous Owner $30,000 Construction
Previous Owner $30,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $160,000 +0.1% $80 / Sq Ft
11/08/2020 11/08/20 Pending -- -- --
11/07/2020 11/07/20 For Sale $159,900 -0.1% $80 / Sq Ft
10/14/2020 10/14/20 Off Market $160,000 -- --
10/14/2020 10/14/20 Pending -- -- --
10/11/2020 10/11/20 Price Changed $154,900 -6.1% $78 / Sq Ft
10/09/2020 10/09/20 Price Changed $164,900 -5.7% $83 / Sq Ft
10/06/2020 10/06/20 Price Changed $174,900 -5.4% $88 / Sq Ft
10/03/2020 10/03/20 Price Changed $184,900 -7.1% $93 / Sq Ft
09/27/2020 09/27/20 For Sale $199,000 +696.0% $100 / Sq Ft
02/10/2020 02/10/20 Sold $25,000 -16.7% $17 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
01/14/2020 01/14/20 Price Changed $30,000 0.0% $20 / Sq Ft
01/14/2020 01/14/20 For Sale $30,000 -39.9% $20 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
12/09/2019 12/09/19 For Sale $49,900 +13.4% $34 / Sq Ft
08/14/2017 08/14/17 Sold $44,000 -- $30 / 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 $1,408 $195,700 $20,800 $174,900
2024 $1,408 $168,700 $20,800 $147,900
2023 $1,406 $168,700 $20,800 $147,900
2022 $1,613 $168,700 $20,800 $147,900
2021 $1,413 $147,700 $18,000 $129,700
2020 $677 $90,800 $15,800 $75,000
2019 $1,956 $90,800 $15,800 $75,000
2018 $1,517 $85,800 $15,800 $70,000
2017 $1,771 $88,900 $15,800 $73,100
2016 $1,681 $82,300 $15,800 $66,500
2014 $1,724 $86,200 $21,000 $65,200
2013 $1,724 $85,700 $21,000 $64,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21685441

MIBOR Broker Listing Cooperative®

APN: 41-08-25-032-015.000-019