NOT LISTED FOR SALE

2159 Somerset Dr Franklin, IN 46131

Estimated Value: $113,000 - $562,047

0.19 Acre
$2,271,116 Price per Acre
8,276 Sq Ft Lot

Last Sold February 11, 2022

Last sale price $58,000

Est. 644% increase in value since last sale

Current estimated payment $2,920/month

797 Days on Market

About This Lot

As of February 2022

GOLF COURSE LOT! WORK LESS, PLAY MORE! Welcome to Legends West, a charming low maintenance community on the Legends of IN Golf Course. Featuring Custom lots at a reasonable price, a affordable HOA maintains your lawn, landscape, irrigation and snow removal. Open to Custom Builders, don't miss the chance to build your dream home in this carefree community. LOCATION! Positioned on the popular East side of Franklin within close proximity to I-65 & the up & coming town of Franklin. Short commutes to Greenwood, Columbus & Indy. Steps away are Franklin's Greenway Trails for walking or biking leading you to the quaint town of Franklin offering a seasonal Farmer's Market, locally owned Restaurants & Boutiques, Parks & a Recreation Center.

Last Agent to Sell the Property

Janna Long

Janna Long Real Estate LLC License #RB16000347 Listed on: 09/13/2019

Last Buyer's Agent

Janna Long

Janna Long Real Estate LLC License #RB16000347 Listed on: 09/13/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22

Year Built

  • 2023

Lot Details

HOA Fees

  • $150 per month

Property Details

Property Type

Land

Est. Annual Taxes

$22

Year Built

2023

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Land
  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Transaction Type: Sale
  • Directions: US-31 South to Earlywood (330N); Turn Left, Go East to Hurricane Rd; then South on Hurricane to Legends West Entrance
  • New Construction: No
  • Road Frontage Type: County Road
  • Road Surface Type: Concrete
  • Subdivision Name: LEGENDS WEST
  • Special Features: None
  • Year Built (Public Record): 2023

Interior Features

  • Sq Ft Main Upper: 0

Exterior Features

  • Road Access: CountyRd
  • Water: Municipal Water on Site
  • Disclosures: Not Applicable
  • Other Structures: No Building
  • Topography: Cleared,Level,SeeRemarks

Utilities

  • Solid Waste: 0
  • Sewer: Municipal Sewer On Site

Condo/Co-op/Association

  • Management Company Phone: 317-509-1605
  • H O A Disclosures: Covenants & Restrictions,Rules & Regulations
  • Association Fee: 900
  • Association Fee Frequency: Semi-Annually

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Common, Insurance, Irrigation, Lawncare, Maintenance Grounds, Maintenance, Snow Removal

Lot Info

  • Acres: <1/4 Acre
  • Lot Number: 59
  • Lot Size: 64x117 Irreg.lot
  • Improvements: Sidewalks,Street Lights,Paved Streets
  • Land Characteristics: On Golf Course,Platted Subdivision,Other,See Remarks
  • Potential Zoning: Single Family
  • Present Zoning: Single Family
  • Price Acre: 305263
  • Soil Type: Clay
  • Development Status: Finished Lot(s), Plat Designed, Surveyed
  • Zoning: RESIDENTIAL

Tax Info

  • Semi Annual Property Tax Amt: 11
  • Tax Exemption: None
  • Tax Annual Amount: 22
  • Tax Year: 2018

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2023
Sold by
M I Homes Of Indiana Lp
Bought by
Pietras Shellee and Pietras Aaron E
Total Days on Market
797
Current Estimated Value
$431,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,103
Outstanding Balance
$534,790
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
-$103,278
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
Pietras Shellee $572,740 Transohio Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pietras Shellee $544,103
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $58,000 0.0% --
11/18/2021 11/18/21 Pending -- -- --
12/10/2020 12/10/20 For Sale $58,000 0.0% --
07/21/2020 07/21/20 Off Market $58,000 -- --
04/20/2020 04/20/20 Price Changed $58,000 0.0% --
04/20/2020 04/20/20 For Sale $58,000 0.0% --
12/29/2019 12/29/19 Off Market $58,000 -- --
09/13/2019 09/13/19 For Sale $49,000 -- --
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 $5,761 $514,200 $47,100 $467,100
2023 $12 $300 $300 $0
2022 $9 $300 $300 $0
2021 $6 $200 $200 $0
2020 $6 $200 $200 $0
2019 $10 $300 $300 $0
2018 $22 $400 $400 $0
2017 $22 $400 $400 $0
2016 $12 $400 $400 $0
2014 $12 $400 $400 $0
2013 $12 $300 $300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21667861

MIBOR Broker Listing Cooperative®

APN: 41-08-12-024-008.000-018