NOT LISTED FOR SALE

166 Los Ranchos Dr Franklin, IN 46131

Estimated Value: $187,000 - $199,000

2 Beds
1 Bath
-- Sq Ft
2.09 Acres

Last Sold December 22, 2017

Last sale price $525,000

Current estimated payment $1,126/month

163 Days on Market

Highlights

  • 2.09 Acre Lot
  • 1-Story Property
  • Privacy Fence

About This Home

As of December 2017

This home is located at 166 Los Ranchos Dr, Franklin, IN 46131 since 10 July 2017 and is currently estimated at $192,000. This property was built in 1980. 166 Los Ranchos Dr is a home located in Johnson County with nearby schools including Northwood Elementary School, Franklin Community Middle School, and Custer Baker Intermediate School.

Last Agent to Sell the Property

David Myers

Listed on: 07/10/2017

Last Buyer's Agent

Jason Royer

Offerpad Brokerage, LLC

Offerpad Brokerage, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,376

Year Built

  • Built in 1980

Lot Details

  • 2.09 Acre Lot
  • Privacy Fence

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1-Story Property

Community Details

  • Los Ranchos Subdivision

Listing and Financial Details

  • Tenant pays for insurance, all utilities
  • The owner pays for inshazard, insurance, lawncare, taxes, no utilities
  • Assessor Parcel Number 410815044018016009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,376

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 5+Units Commercial
  • Architectural Style: Stick, TradAmer
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1980
  • Green Energy Efficient: Water Sense Toilet
  • Lot Size Acres: 2.09
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: LOS RANCHOS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 9
  • Conversion: 0
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: InsHazard, Insurance, Insurance, Lawncare, Taxes, No Utilities
  • Possible Use: Apt<20, Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 47742
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt, Fence Privacy
  • Foundation Details: Brick
  • Road Access: CityStreet
  • Interstate: Ramp3-5mi

Garage/Parking

  • Garage Spaces: 1
  • Carport Spaces: 4
  • Unit Parking: 2 Car Garage,Guest Parking,Parking Lot,Paved Area
  • Auto Surface: 16
  • Parking Spacesper Unit: 4.1000

Utilities

  • Solid Waste: 0
  • HVAC: See above , per unit.

Fee Information

  • Insurance Expenses: 3932
  • Insurance Expenses S F: 0.4500

Lot Info

  • Current Use: Apt<20
  • Parcel Number: 410815044018016009
  • Zoning: Res-Condo-Common Areas
  • Acres: 1-3 Acres
  • Lot Information: Access Street,Cul-De-Sac,Sidewalks,Tree Mature
  • Lot Number: 1
  • Lot Size: 47742

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Insurance, All Utilities

Multi Family

  • Net Operating Income: 56085

Tax Info

  • Tax Annual Amount: 7376
  • Semi Annual Property Tax Amt: 3688
  • Tax Exemption: None

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2017
Closed on
Nov 20, 2017
Sold by
Infinity Real Estate Investments Llc
Bought by
S & S Real Estate Enterprises Llc
Seller's Agent
David Myers
Buyer's Agent
Jason Royer
Offerpad Brokerage, LLC
List Price
$585,000
Sold Price
$525,000
Premium/Discount to List
-$60,000
-10.26%
Current Estimated Value
$192,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$333,000
Avg. Annual Appreciation
-11.89%
Original Mortgage
$840,000
Outstanding Balance
$704,437
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
-$512,437

Purchase Details

Closed on
Apr 10, 2014
Sold by
800 Industrial Llc
Bought by
Infinity Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
4.41%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 21, 2013
Sold by
Douglas F Cox Sheriff
Bought by
800 Industrial Llc
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
S & S Real Estate Enterprises Llc -- --
Infinity Real Estate Investments Llc -- None Available
800 Industrial Llc $112,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S & S Real Estate Enterprises Llc $840,000
Previous Owner Infinity Real Estate Investments Llc $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2017 12/22/17 Sold $525,000 -10.3% --
07/10/2017 07/10/17 For Sale $585,000 -- --
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 $1,427 $64,500 $12,900 $51,600
2024 $1,427 $64,500 $12,000 $52,500
2023 $1,311 $58,900 $6,500 $52,400
2022 $1,276 $57,200 $6,500 $50,700
2021 $1,276 $57,200 $6,500 $50,700
2020 $1,276 $57,200 $6,500 $50,700
2019 $1,264 $56,700 $6,000 $50,700
2018 $1,027 $68,400 $6,000 $62,400
2017 $922 $46,100 $6,000 $40,100
2016 $922 $46,100 $6,000 $40,100
2014 $1,097 $54,600 $9,300 $45,300
2013 $1,097 $54,300 $9,300 $45,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    David Myers

  • J

    Buyer's Agent in 2017

    Jason Royer

    Offerpad Brokerage, LLC

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21497109

MIBOR Broker Listing Cooperative®

APN: 41-08-15-044-018.012-009

Indiana Johnson County Franklin 46131

166 Los Ranchos Dr, Franklin, IN

Not Listed for Sale

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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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