NOT LISTED FOR SALE

188 N Lovers Ln Franklin, IN 46131

Estimated Value: $2,785,303

-- Bed
-- Bath
21,840 Sq Ft
$128/Sq Ft Est. Value

About This Home

This home is located at 188 N Lovers Ln, Franklin, IN 46131 and is currently priced at $2,785,303, approximately $127 per square foot. 188 N Lovers Ln is a home located in Johnson County with nearby schools including Webb Elementary School, Franklin Community Middle School, and Custer Baker Intermediate School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2022
Sold by
Shiv Hotel 13 Llc
Bought by
Ecolite Corporation
Current Estimated Value
$2,785,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,378,290
Outstanding Balance
$5,933,623
Interest Rate
6.02%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 3, 2017
Sold by
Khalsa Brothers Inc
Bought by
Shiv Hotel 13 Llc

Purchase Details

Closed on
Feb 1, 2007
Sold by
Sunshine Motels Inc
Bought by
Khalsa Brothers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.27%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Ecolite Corporation -- Royal Title
Shiv Hotel 13 Llc -- None Available
Khalsa Brothers Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ecolite Corporation $6,378,290
Previous Owner Khalsa Brothers Inc $200,000
Previous Owner Sunshine Motels Inc $825,000
Previous Owner Sunshine Motels Inc $1,802,500
Source: Public Records

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
2024 $48,139 $1,834,000 $1,012,500 $821,500
2023 $27,347 $944,000 $352,000 $592,000
2022 $28,066 $916,500 $352,000 $564,500
2021 $29,532 $914,300 $352,000 $562,300
2020 $29,571 $915,500 $352,000 $563,500
2019 $29,047 $899,300 $335,200 $564,100
2018 $27,000 $900,000 $335,200 $564,800
2017 $42,375 $1,412,500 $335,200 $1,077,300
2016 $54,270 $1,068,500 $335,200 $733,300
2014 $57,264 $1,845,100 $335,200 $1,509,900
2013 $57,264 $1,908,800 $268,100 $1,640,700
Source: Public Records

Map

Indiana Johnson County Franklin 46131

188 N Lovers Ln, Franklin, IN

This home is located at 188 N Lovers Ln, Franklin, IN 46131 and is currently priced at $2,785,303, approximately $127 per square foot. 188 N Lovers Ln is a home located in Johnson County with nearby schools including Webb Elementary School, Franklin Community Middle School, and Custer Baker Intermediate School.

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