NOT LISTED FOR SALE

199 E Madison St Unit 4 Franklin, IN 46131

Franklin Area
-- Bed
-- Bath
-- Sq Ft
9,840 Sq Ft Lot

Sale Details

Date Sold: April 30, 2021

Last sale price $150,000

62 Days on Market

About This Home

As of April 2021

Investment opportunity in downtown Franklin. Property is located just a block away from the court house and within walking distance of plenty of shopping, restaurants and entertainment.

Last Agent to Sell the Property

Dawn Whitaker

Sunrise Real Estate License #RB14038761 Listed on: 02/15/2021

Last Buyer's Agent

Ronald Kelsay

CPC Capital Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 9,840

Home Design

  • English Architecture
  • Brick Exterior Construction

Additional Features

  • 2-Story Property
  • 9,840 Sq Ft Lot

Community Details

  • Hicks & Beard Subdivision

Listing and Financial Details

  • Tenant pays for electricity, all utilities
  • The owner pays for water
  • Assessor Parcel Number 410814043062000009

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

9,840 Sq Ft Lot

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: English/Tudor
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1900
  • Lot Size Acres: 0.2259
  • Structure Type: Quadruplex
  • Subdivision Name: HICKS & BEARD
  • Inspection Warranties: Not Applicable
  • Property Description: Investment opportunity in downtown Franklin. Property is located just a block away from the court house and within walking distance of plenty of shopping, restaurants and entertainment.
  • Transaction Type: Sale
  • Unit Count: 4
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: Two
  • Owner Pays: Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 4856
  • Laundry: Common

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Not Applicable

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 0
  • HVAC: 10 years old

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 410814043062000009
  • Acres: <1/4 Acre
  • Lot Information: Curbs
  • Lot Number: 11-12
  • Lot Size: 4835

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, All Utilities

Tax Info

  • Tax Annual Amount: 3912
  • Semi Annual Property Tax Amt: 1956
  • Tax Exemption: MortageTaxExemption

MLS Schools

  • School District: Franklin Community

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
Apr 29, 2021
Sold by
Bought by
Seller's Agent
Dawn Whitaker
Sunrise Real Estate
Buyer's Agent
Ronald Kelsay
CPC Capital Group
List Price
$250,000
Sold Price
$150,000
Premium/Discount to List
-$100,000
-40%

Purchase Details

Closed on
May 5, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
0.053%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 10, 2007
Sold by
Bought by

Purchase Details

Closed on
May 8, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,750
Interest Rate
0.0627%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- Chicago Title Insurance Comp
-- None Available
-- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $336,000
Previous Owner $72,000
Previous Owner $21,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $150,000 -25.0% --
04/19/2021 04/19/21 Pending -- -- --
04/09/2021 04/09/21 Price Changed $200,000 -20.0% --
04/05/2021 04/05/21 For Sale $250,000 0.0% --
02/21/2021 02/21/21 Pending -- -- --
02/16/2021 02/16/21 Price Changed $250,000 -9.1% --
02/15/2021 02/15/21 For Sale $275,000 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,197 $415,000 $44,800 $370,200
2024 $8,234 $372,200 $44,800 $327,400
2023 $5,394 $242,400 $26,000 $216,400
2022 $5,247 $235,300 $26,000 $209,300
2021 $4,837 $216,900 $26,000 $190,900
2020 $4,984 $223,500 $26,000 $197,500
2019 $4,939 $221,500 $24,000 $197,500
2018 $4,319 $221,500 $24,000 $197,500
2017 $4,208 $210,400 $24,000 $186,400
2016 $4,208 $210,400 $24,000 $186,400
2014 $4,362 $218,100 $24,000 $194,100
2013 $4,362 $218,100 $24,000 $194,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21766000

MIBOR Broker Listing Cooperative®
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