NOT LISTED FOR SALE

1814 S 550 E Franklin, IN 46131

Estimated Value: $471,000 - $508,281

3 Beds
2.5 Baths
1,984 Sq Ft
$247/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $385,500 $194 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,857/month

20 Days on Market

Highlights

  • In Ground Pool
  • Ranch Style House
  • Wood Flooring
  • 2.66 Acre Lot
  • Cathedral Ceiling
  • Thermal Windows

About This Home

As of August 2021

Wow! Super Custom Built Ranch on 2.66 acres on private road. Near I-65, but rural and quiet with views all around including your own maple, cherry, apple and pecan trees! Big bedrooms and huge family room w/masonry fireplace and vaulted ceilings. Master suite with separate shower and garden tub. Enjoy your back yard oasis with large deck and in-ground pool surrounded by 6 ft privacy fence. 2 separate garages, with bonus area & lots of storage space! All appliances stay including the washer/dryer and Garage Fridge and Freezer. Don’t forget the nearly new solar panels that can provide income from surplus energy! Variable spd pool pump 3 yrs old, new A/C compressor, newer wood floors, new vapor barrier and sump pump in crawl space in 2020.

Last Agent to Sell the Property

Devina Cagle

Indy House and Home License #RB18000230 Listed on: 06/10/2021

Last Buyer's Agent

Debra Brown-Nally

Carpenter, REALTORS®

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,426

Year Built

  • Built in 1990

Lot Details

  • 2.66 Acre Lot
  • Back Yard Fenced

Parking

  • 4 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,984 Sq Ft Home
  • Woodwork
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Thermal Windows
  • Vinyl Clad Windows
  • Window Screens
  • Great Room with Fireplace
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • In Ground Pool
  • Outdoor Storage
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Humidifier
  • Natural Gas Connected
  • Well
  • Gas Water Heater
  • Septic Tank
  • Multiple Phone Lines

Community Details

  • Farmview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 410729034002000019

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,426

Year Built

Built in 1990

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1990
  • Building Area Total: 1984
  • Garage Y N: Yes
  • Green Energy Efficient: Other/See Remarks
  • Lot Size Acres: 2.66
  • Subdivision Name: FARMVIEW
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Electric Oven, Refrigerator, MicroHood
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter, Great Room, Masonry
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), Hardwood Floors, Screens Complete, Windows Thermal, Windows Vinyl, Wood Work Stained
  • Other Equipment: Multiple Phone Lines, Smoke Detector, Sump Pump
  • Areas Interior: Bedroom Other on Main,Laundry Room Main Level,Utility Room
  • Eating Area: Formal Dining Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1984
  • Main Level Sq Ft: 1984
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Sinks Double,Suite,Tub Garden
  • Kitchen Features: Kitchen Eat In,Kitchen Updated
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear, Out Building With Utilities, In Ground Pool, Storage
  • Foundation Details: Crawl Space
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Garage Spaces: 4
  • Fuel: Gas,Other/See Remarks
  • Garage Parking Description: Attached,Detached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Heated,Side Load Garage,Service Door

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Ceiling Fan(s), Other
  • Heating: Electronic Air Filter, Forced Air, Humidifier
  • Water Source: Well
  • Solid Waste: 1
  • Utility Options: Gas Connected
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 410729034002000019
  • Acres: 1-3 Acres
  • Lot Information: Rural In Subdivision,Tree Mature
  • Lot Number: 1
  • Lot Size: 115782 sq ft

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3426
  • Semi Annual Property Tax Amt: 1713
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Aug 12, 2021
Sold by
Smith Lori L
Bought by
Smith Lori L and Smith Jason L
Seller's Agent
Devina Cagle
Indy House and Home
Buyer's Agent
Debra Brown-Nally
Carpenter, REALTORS®
Sold Price
$385,500
Current Estimated Value
$490,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,070
Avg. Annual Appreciation
5.58%
Original Mortgage
$378,517
Outstanding Balance
$343,671
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$146,899

Purchase Details

Closed on
Dec 27, 2019
Sold by
Roock Jon David and Asher Jason E
Bought by
Roock Jon David

Purchase Details

Closed on
Jul 20, 2013
Sold by
Sullivan Michael D
Bought by
Sullivan Michael D and Sullivan Rebecca J

Purchase Details

Closed on
Nov 8, 2012
Sold by
Smith Todd D and Smith Christine E
Bought by
Sullivan Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,200
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 2005
Sold by
Kitchens Brian M
Bought by
Smith Todd D and Smith Christine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2004
Sold by
Hill Tamara and Kitchens Tamara
Bought by
Kitchens Brian M
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
Smith Lori L -- None Available
Smith Lori L -- None Available
Roock Jon David -- None Available
Sullivan Michael D -- None Available
Sullivan Michael D -- None Available
Smith Todd D -- None Available
Kitchens Brian M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Lori L $378,517
Previous Owner Sullivan Michael D $244,200
Previous Owner Smith Todd D $237,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2021 08/12/21 Sold $385,500 +1.4% $194 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/23/2021 06/23/21 For Sale -- -- --
06/15/2021 06/15/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $380,000 +43.4% $192 / Sq Ft
06/22/2015 06/22/15 Sold $265,000 -3.6% $134 / Sq Ft View Prior Sale
05/26/2015 05/26/15 Pending -- -- --
04/01/2015 04/01/15 Price Changed $274,900 -3.5% $139 / Sq Ft
01/26/2015 01/26/15 For Sale $285,000 -- $144 / 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 $3,803 $405,800 $57,700 $348,100
2024 $3,803 $374,500 $57,700 $316,800
2023 $3,877 $378,100 $57,700 $320,400
2022 $4,500 $366,900 $57,700 $309,200
2021 $3,683 $303,300 $53,600 $249,700
2020 $3,425 $264,400 $49,600 $214,800
2019 $3,413 $266,700 $49,600 $217,100
2018 $2,989 $255,400 $49,600 $205,800
2017 $2,978 $255,700 $49,600 $206,100
2016 $2,930 $243,700 $49,600 $194,100
2014 $2,797 $240,000 $49,600 $190,400
2013 $2,797 $242,400 $49,600 $192,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21790852

MIBOR Broker Listing Cooperative®

APN: 41-07-29-034-002.000-019