NOT LISTED FOR SALE

2117 S Us Highway 31 Franklin, IN 46131

Estimated Value: $252,000 - $296,000

0.98 Acre
$279,676 Price per Acre
42,689 Sq Ft Lot

Last Sold September 22, 2016

Last sale price $25,000

Est. 996% increase in value since last sale

Current estimated payment $1,847/month

265 Days on Market

About This Lot

As of September 2016

Lots of possibilities with this property. It is NOT currently zoned commercial, but due to the location, it has tons of possibilities. Buyer is responsible for checking with the County for additional information. It also is located within the City of Franklin's Buffer Zone an listed as A for agriculture. Well and septic are located on site, however septic will need new fingers depending on the use by Buyer. Soils reports are attached for Buyer's review and use.

Last Agent to Sell the Property

Jerry Ott

Keller Williams Indy Metro S License #RB14039488 Listed on: 11/05/2015

Keller Williams Indy Metro S

Co-Listed By

Denise Sinn

Keller Williams Indy Metro S License #RB14026410

Last Buyer's Agent

Jerry Ott

Keller Williams Indy Metro S License #RB14039488 Listed on: 11/05/2015

Keller Williams Indy Metro S

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $566

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$566

Lot Details

0

Listing Details

  • Property Type: Land
  • Type: Single Lot,Undeveloped
  • Property Sub Type: Commercial Land
  • Transaction Type: Sale
  • Co List Office Mls Id: MBRKWIN14
  • Co List Office Phone: 317-738-4663
  • Directions: Approximately 2 miles south of US 31 and Jefferson St in Franklin, located on the East side of 31 in front of Lakeview Motel.
  • New Construction: No
  • Road Frontage Type: HwyState, HwyUS
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0
  • Possible Use: AutoDealer, SpecUsePrk, SpecUseRec, See Remarks

Exterior Features

  • Road Access: HwyState,HwyUS
  • Water: Well on Site
  • Water Pipe: 0
  • Disclosures: Not Applicable
  • Topography: Cleared,Level

Utilities

  • Solid Waste: 0
  • Gas On Site: 0
  • Sanitary Sewer: 0
  • Storm Drain: 0
  • Sewer: Septic Tank, Septic Needed

Lot Info

  • Acres: 1/2-1 Acre
  • Lot Number: 1
  • Lot Size: 230 x 190
  • Improvements: PavedStr
  • Land Characteristics: Rectangle,Rural,Rural Not in Subdivision,Water View,See Remarks
  • Potential Zoning: Commercial
  • Present Zoning: Agricultur
  • Price Acre: 40508
  • Divisible: 0
  • Gross Acres: 0.9850
  • Usable Acres: 0.9850
  • Current Use: Residential
  • Development Status: Rough Grade, Surveyed
  • Land Lease: No
  • Number Of Lots: 1
  • Zoning: Res

Tax Info

  • Semi Annual Property Tax Amt: 283
  • Tax Exemption: None
  • Tax Info N A Prop Split: 0
  • Tax Annual Amount: 566
  • Tax Year: 2015

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2024
Sold by
Wooten Barbara A and Wooten Kenneth D
Bought by
Waterside In Franklin Llc
Current Estimated Value
$274,082

Purchase Details

Closed on
Apr 23, 2024
Sold by
Wooten Barbara A
Bought by
Wooten Barbara A and Wooten Kenneth D

Purchase Details

Closed on
Aug 23, 2018
Sold by
Wooten Barbara A
Bought by
Wooten Barbara A

Purchase Details

Closed on
Jun 28, 2018
Sold by
Lake Motel & Campground Llc
Bought by
Wooten Barbara A

Purchase Details

Listed on
Nov 5, 2015
Closed on
Sep 20, 2016
Sold by
Reinacker George `H
Bought by
Lake Motel And Campground Llc
Seller's Agent
Jerry Ott
Keller Williams Indy Metro S
Buyer's Agent
Jerry Ott
Keller Williams Indy Metro S
List Price
$39,900
Sold Price
$25,000
Premium/Discount to List
-$14,900
-37.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.72%

Purchase Details

Closed on
Feb 26, 2010
Sold by
Heartland Community Bank
Bought by
Reinacker George H and Procter Jennifer L
Source: Public Records

Range of Values:

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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
Waterside In Franklin Llc -- First American Title
Wooten Barbara A -- First American Title
Wooten Barbara A -- None Available
Wooten Barbara A -- None Available
Wooten Barbara A -- Indiana Home Title Llc
Lake Motel And Campground Llc $25,000 --
Reinacker George H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wooten Barbara A $54,000
Previous Owner Wooten Barbara A $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2016 09/22/16 Sold $25,000 -37.3% --
07/28/2016 07/28/16 Pending -- -- --
11/05/2015 11/05/15 For Sale $39,900 -- --
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
2024 $3,835 $205,400 $37,800 $167,600
2023 $3,999 $207,200 $37,800 $169,400
2022 $4,337 $209,000 $37,800 $171,200
2021 $3,567 $161,800 $32,800 $129,000
2020 $3,075 $137,900 $28,800 $109,100
2019 $2,994 $139,000 $28,800 $110,200
2018 $564 $27,900 $27,900 $0
2017 $556 $27,900 $27,900 $0
2016 $590 $27,900 $27,900 $0
2014 $566 $27,900 $27,900 $0
2013 $566 $27,900 $27,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21386218

MIBOR Broker Listing Cooperative®

APN: 41-08-36-011-002.000-019