$486,155
SOLD DEC 21, 2022

2170 Somerset Dr Franklin, IN 46131

4 Beds
2.5 Baths
2,961 Sq Ft
0.37 Acres

Recently Sold

$164 Per Sq Ft

1% Below List Price

64 Days on Market

Highlights

  • Vaulted Ceiling
  • 3 Car Attached Garage
  • Woodwork
  • Traditional Architecture
  • Bay Window
  • Walk-In Closet

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.

Last Agent to Sell the Property

Cassie Newman

M/I Homes of Indiana, L.P. Listed on: 06/21/2022

Last Buyer's Agent

Janna Long

Smythe & Co, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32

Year Built

  • Built in 2022

HOA Fees

  • $183 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Bay Window
  • Window Screens
  • Great Room with Fireplace
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Convection Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat

Additional Features

  • Energy-Efficient Windows
  • 0.37 Acre Lot

Community Details

  • Association fees include home owners, insurance, irrigation, lawncare, maintenance, snow removal
  • Legends West Subdivision
  • Property managed by LEGENDS WEST HOA
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 2170somersetdrivefranklin

Home Details

Home Type

Single Family

Est. Annual Taxes

$32

Year Built

Built in 2022

Lot Details

0

HOA Fees

$183 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Builder Name: MI HOMES
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2021
  • Year Built: 2022
  • Building Area Total: 2961
  • Garage Y N: Yes
  • Green Energy Efficient: Windows
  • Lot Size Acres: 0.37
  • Subdivision Name: LEGENDS WEST
  • Inspection Warranties: Warranty Builders
  • Transaction Type: Sale
  • MBR_AttributionContact: cnewman@mihomes.com
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Convection Oven
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter, Great Room
  • Fireplaces: 1
  • Interior Amenities: Vaulted Ceiling(s), Walk-in Closet(s), Screens Complete, Window Bay Bow, Wood Work Painted
  • Other Equipment: Smoke Detector, Programmable Thermostat
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Dining Combo/Family Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2961
  • Main Level Sq Ft: 1332
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double
  • Kitchen Features: Center Island,Pantry WalkIn
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1629

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Slab
  • List Price: 486155
  • Association Maintained Building Exterior: 0
  • Construction Stage: Framed
  • Porch: Covered Patio,Covered Porch

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Gas
  • Garage Parking Description: Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 1100
  • Association Fee Frequency: Semi-Annually
  • Management Company Name: LEGENDS WEST HOA
  • Management Company Phone: 970-479-9420
  • H O A Disclosures: Covenants & Restrictions

Fee Information

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 2170somersetdrivefranklin
  • Acres: 1/4-1/2 Acre
  • Lot Information: Sidewalks,Street Lights,Trees Small
  • Lot Number: 55
  • Lot Size: 16183

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 32
  • Semi Annual Property Tax Amt: 16
  • Tax Exemption: None

MLS Schools

  • School District: Franklin Community

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
$508,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,076
Avg. Annual Appreciation
1.82%
Original Mortgage
$75,000
Outstanding Balance
$73,234
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$436,414
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Transohio Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,000 New Conventional
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 -- --
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 $5,057 $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

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21865118

MIBOR Broker Listing Cooperative®

APN: 41-08-12-024-004.000-018