NOT LISTED FOR SALE

198 W King St Franklin, IN 46131

Estimated Value: $199,000 - $336,000

5 Beds
2 Baths
3,792 Sq Ft
$77/Sq Ft Est. Value

Last Sold February 13, 2017

Last sale price $92,500 $24 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $1,753/month

26 Days on Market

About This Home

As of February 2017

Charming Old Home on a great street in down town Franklin just blocks from the entertainment district and all the other amenities the down town has to offer. Home has tons of space to work with having 5 BR and 2 Full baths with basement storage, and a work shop that could potentially be converted back to a garage. Huge master suite upstairs, with updated bath with dual sinks, walk in closet shower with tile surround. Downtown Franklin Real Estate is in high demand. Don't wait!

Last Agent to Sell the Property

Jason Royer

eXp Realty, LLC License #RB14032599 Listed on: 11/01/2016

eXp Realty, LLC

Co-Listed By

Dustin Royer

Red Oak Real Estate Group License #RB14039380

Last Buyer's Agent

Deena Wilham

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $630

Year Built

  • Built in 1900

Lot Details

  • 6,299 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Aluminum Siding

Interior Spaces

  • Multi-Level Property
  • Woodwork
  • Self Contained Fireplace Unit Or Insert
  • Living Room with Fireplace

Kitchen

  • Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Sump Pump
  • Basement Cellar

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Gas Water Heater

Community Details

  • Hamilton Central Subdivision

Listing and Financial Details

  • Assessor Parcel Number 410814031161000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$630

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Multi-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1900
  • Co List Office Phone: 317-622-4040
  • Garage Y N: No
  • Lot Size Acres: 0.1446
  • Subdivision Name: HAMILTON CENTRAL
  • Inspection Warranties: SeeRemarks,Not Applicable
  • Property Description: Charming Old Home on a great street in down town Franklin just blocks from the entertainment district and all the other amenities the down town has to offer. Home has tons of space to work with having 5 BR and 2 Full baths with basement storage, and a work shop that could potentially be converted back to a garage. Huge master suite upstairs, with updated bath with dual sinks, walk in closet shower with tile surround. Downtown Franklin Real Estate is in high demand. Don't wait!
  • Transaction Type: Sale
  • Website: www.TheRedOakGroup.com
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar
  • Appliances: Gas Cooktop, Oven
  • Levels: Multi/Split
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Insert, Living Room
  • Fireplaces: 1
  • Interior Amenities: WoodWorkStain/Painted
  • Living Area: 3792
  • Other Equipment: Sump Pump
  • Room Count: 11
  • Areas Interior: Living Room Formal,Laundry Room Main Level
  • Eating Area: Center Island,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 3370
  • Main Level Sq Ft: 2000
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Sinks Double,Tub Garden,Main Level,Closet Walk in
  • Total Sq Ft: 3792
  • Below Grade Sq Ft: 422
  • Upper Level Sq Ft: 1370
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Disclosures: HUD-Owned
  • Foundation Details: Brick
  • List Price: 95000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch,Porch Open

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Other
  • Garage Parking Other: Storage Area,Workshop

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air, Wood
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 410814031161000009
  • Acres: <1/4 Acre
  • Lot Information: Corner,Street Lights,Tree Mature
  • Lot Number: 8
  • Lot Size: 63X100

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 630
  • Semi Annual Property Tax Amt: 315
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,VeteranTaxExemption

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2016
Closed on
Mar 16, 2017
Sold by
Gill Joseph L and Gill Carol K
Bought by
Pierce Ernest Ray and Mitchell Carena
Seller's Agent
Jason Royer
eXp Realty, LLC
Buyer's Agent
Deena Wilham
Keller Williams Indy Metro S
List Price
$95,000
Sold Price
$92,500
Premium/Discount to List
-$2,500
-2.63%
Current Estimated Value
$292,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,030
Avg. Annual Appreciation
14.11%
Original Mortgage
$74,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2016
Closed on
Feb 13, 2017
Sold by
Pierce Ernest Ray
Bought by
Pierce Ernest Ray and Mitchell Corina
Seller's Agent
Jason Royer
eXp Realty, LLC
Buyer's Agent
Deena Wilham
Keller Williams Indy Metro S
List Price
$95,000
Sold Price
$92,500
Premium/Discount to List
-$2,500
-2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2016
Closed on
Feb 9, 2017
Sold by
Housing Urban Development
Bought by
Pierce Ernest Ray
Seller's Agent
Jason Royer
eXp Realty, LLC
Buyer's Agent
Deena Wilham
Keller Williams Indy Metro S
List Price
$95,000
Sold Price
$92,500
Premium/Discount to List
-$2,500
-2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2016
Sold by
Huntington National Bank
Bought by
Secratery Of Housing And Urban Developme

Purchase Details

Closed on
May 19, 2016
Sold by
Huntington National Bank
Bought by
Huntington National Bank

Purchase Details

Closed on
Jun 27, 2011
Sold by
Leach Paul B
Bought by
Leach Keely L and Leach Paul B

Purchase Details

Closed on
Jun 3, 2005
Sold by
Pearson Gayla L
Bought by
Leach Paul B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
7.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Buyer Sale Price Title Company
Pierce Ernest Ray -- None Available
Pierce Ernest Ray -- --
Piece Ernest Ray -- None Available
Pierce Ernest Ray -- None Available
Pierce Ernest Ray -- None Available
Pierce Ernest Ray -- None Available
Secratery Of Housing And Urban Developme -- Attorney
Huntington National Bank $105,840 None Available
Leach Keely L -- None Available
Leach Paul B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Ernest Ray $72,300
Previous Owner Pierce Ernest Ray $74,000
Previous Owner Pierce Ernest Ray $74,000
Previous Owner Leach Paul B $134,800
Previous Owner Leach Paul B $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2017 02/13/17 Sold $92,500 0.0% $24 / Sq Ft
11/28/2016 11/28/16 Pending -- -- --
11/14/2016 11/14/16 Off Market $92,500 -- --
11/01/2016 11/01/16 For Sale $95,000 -- $25 / 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 $2,511 $212,600 $21,700 $190,900
2024 $2,511 $227,300 $21,700 $205,600
2023 $2,292 $207,600 $21,700 $185,900
2022 $2,105 $189,000 $21,700 $167,300
2021 $1,754 $158,400 $20,300 $138,100
2020 $1,852 $167,000 $20,300 $146,700
2019 $1,808 $163,100 $13,000 $150,100
2018 $1,434 $147,400 $13,000 $134,400
2017 $1,394 $139,400 $13,000 $126,400
2016 $629 $131,900 $13,000 $118,900
2014 $436 $108,300 $17,700 $90,600
2013 $436 $105,300 $17,700 $87,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21451154

MIBOR Broker Listing Cooperative®

APN: 41-08-14-031-161.000-009