NOT LISTED FOR SALE

2170 Somerset Dr Franklin, IN 46131

Estimated Value: $432,000 - $554,000

4 Beds
3 Baths
2,961 Sq Ft
$174/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $486,155 $164 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,338/month

About This Home

As of December 2022

Welcome to the Drake! This home offers 4 bedrooms, 2.5 bathrooms, and a 3-car garage. The main floor consists of a flex room, gathering room with a gas fireplace, gourmet kitchen with a super pantry, a den, and a dining nook! Cozy up around the fireplace in the extended gathering room. Off of the back, there is a veranda just waiting for morning cups of coffee to be enjoyed on. The second floor consists of a loft, 3 bedrooms that share a full bathroom, a laundry room, and the owner's suite. The owner's suite includes a tray ceiling and an attached private bathroom equipped with a large walk-in closet, water closet, and vanity with dual sinks.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Dec 21, 2022
Sold by
M/I Homes Of Indiana Lp
Bought by
Riggs James D and Riggs Debra J
Seller's Agent
Cassie Newman
M/I Homes of Indiana, L.P.
Buyer's Agent
Janna Long
Smythe & Co, Inc
List Price
$490,155
Sold Price
$486,155
Premium/Discount to List
-$4,000
-0.82%
Views
94
Current Estimated Value
$515,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,532
Avg. Annual Appreciation
1.71%
Original Mortgage
$75,000
Outstanding Balance
$73,234
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$436,414
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Riggs James D -- Transohio Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riggs James D $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Sold $486,155 0.0% $164 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
08/12/2022 08/12/22 Price Changed $486,155 -0.6% $164 / Sq Ft
07/14/2022 07/14/22 Price Changed $489,155 -0.2% $165 / Sq Ft
06/21/2022 06/21/22 For Sale $490,155 +921.2% $166 / Sq Ft
02/11/2022 02/11/22 Sold $48,000 0.0% --
11/18/2021 11/18/21 Pending -- -- --
07/21/2020 07/21/20 Off Market $48,000 -- --
05/19/2020 05/19/20 For Sale $48,000 0.0% --
04/20/2020 04/20/20 Price Changed $48,000 0.0% --
04/20/2020 04/20/20 For Sale $48,000 0.0% --
12/12/2019 12/12/19 Off Market $48,000 -- --
09/13/2019 09/13/19 For Sale $42,000 -- --

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 $5,057 $459,300 $69,900 $389,400
2024 $5,057 $452,100 $70,800 $381,300
2023 $5,111 $456,000 $70,800 $385,200
2022 $18 $600 $600 $0
2021 $16 $500 $500 $0
2020 $16 $500 $500 $0
2019 $19 $600 $600 $0
2018 $34 $800 $800 $0
2017 $34 $800 $800 $0
2016 $24 $800 $800 $0
2014 $24 $800 $800 $0
2013 $24 $600 $600 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Cassie Newman

    M/I Homes of Indiana, L.P.

    Section Image
  • Janna Long

    Seller's Agent in 2022

    Janna Long

    Janna Long Real Estate LLC

    (317) 509-1605

    78 in this area

    107 Total Sales

    Janna Long
    Section Image
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Map

Indiana Johnson County Franklin 46131

2170 Somerset Dr, Franklin, IN

This home is located at 2170 Somerset Dr, Franklin, IN 46131 and is currently estimated at $515,687, approximately $174 per square foot. 2170 Somerset Dr is a home located in Johnson County with nearby schools including Needham Elementary School, Franklin Community Middle School, and Custer Baker Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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