2346 Somerset Cir Franklin, IN 46131
Estimated Value: $452,000 - $477,000
4
Beds
2.5
Baths
3,152
Sq Ft
$148/Sq Ft
Est. Value
Highlights
- Under Construction
- Covered patio or porch
- 3 Car Attached Garage
- Traditional Architecture
- Breakfast Room
- Tray Ceiling
About This Home
As of November 2023Welcome to 2346 Somerset Circle with 4 bedrooms and 2.5 bathrooms. With 3 large windows lining the back wall of the first floor, tons of natural light pours in, giving you a space you'll love coming home to each and every day. Create each meal in your roomy kitchen, featuring stainless steel appliances, (fridge not included) a huge island, and ample counter space. Enjoy breakfast and coffee in your light-filled sun room next to the dining nook! 3 secondary bedrooms, 2 full bathrooms with dual-sink vanities, the owner's suite, a convenient laundry room, and the loft are all situated on the second floor. You'll love the thoughtful design touches in your owner's bedroom, including an attached full bathroom and an expansive walk-in closet.
Last Agent to Sell the Property
M/I Homes of Indiana, L.P. License #RB14025532 Listed on: 05/19/2023
Last Buyer's Agent
Janna Long
Smythe & Co, Inc
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20
Year Built
- Built in 2023 | Under Construction
Lot Details
- 6,534
HOA Fees
- $183 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Tray Ceiling
- Gas Log Fireplace
- Family Room with Fireplace
- Breakfast Room
Kitchen
- Gas Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Schools
- Franklin Community Middle School
- Custer Baker Intermediate School
- Franklin Community High School
Additional Features
- Covered patio or porch
- 6,534 Sq Ft Lot
- Forced Air Heating System
Community Details
- Legends West Subdivision
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 410812021033000018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2023
Closed on
Nov 20, 2023
Sold by
M I Homes Of Indiana Lp
Bought by
Gallagher Lacy
Seller's Agent
Cassie Newman
M/I Homes of Indiana, L.P.
Buyer's Agent
Janna Long
Smythe & Co, Inc
List Price
$515,000
Sold Price
$430,530
Premium/Discount to List
-$84,470
-16.4%
Total Days on Market
158
Views
138
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,022
Avg. Annual Appreciation
5.29%
Original Mortgage
$416,161
Outstanding Balance
$410,971
Interest Rate
7.49%
Mortgage Type
FHA
Estimated Equity
$55,581
Purchase Details
Listed on
Sep 14, 2019
Closed on
Feb 10, 2022
Sold by
Legends West Associates Llc
Bought by
M/I Homes Of Indiana Lp
Seller's Agent
Janna Long
Janna Long Real Estate LLC
Buyer's Agent
Janna Long
Smythe & Co, Inc
List Price
$42,000
Sold Price
$42,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
272.43%
Similar Homes in Franklin, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gallagher Lacy | $430,530 | Transohio Title | |
| M/I Homes Of Indiana Lp | $44,941 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gallagher Lacy | $416,161 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/20/2023 11/20/23 | Sold | $430,530 | -1.3% | $137 / Sq Ft |
| 10/25/2023 10/25/23 | Pending | -- | -- | -- |
| 09/26/2023 09/26/23 | Price Changed | $435,990 | -2.0% | $138 / Sq Ft |
| 09/13/2023 09/13/23 | Price Changed | $445,000 | -0.7% | $141 / Sq Ft |
| 09/07/2023 09/07/23 | Price Changed | $448,000 | -0.2% | $142 / Sq Ft |
| 08/21/2023 08/21/23 | Price Changed | $449,000 | -4.3% | $142 / Sq Ft |
| 08/16/2023 08/16/23 | Price Changed | $468,990 | -0.2% | $149 / Sq Ft |
| 07/31/2023 07/31/23 | Price Changed | $469,990 | -6.0% | $149 / Sq Ft |
| 07/07/2023 07/07/23 | Price Changed | $499,900 | -2.9% | $159 / Sq Ft |
| 05/19/2023 05/19/23 | For Sale | $515,000 | +1126.2% | $163 / Sq Ft |
| 02/11/2022 02/11/22 | Sold | $42,000 | 0.0% | -- |
| 11/18/2021 11/18/21 | Pending | -- | -- | -- |
| 07/21/2020 07/21/20 | Off Market | $42,000 | -- | -- |
| 05/19/2020 05/19/20 | For Sale | $42,000 | 0.0% | -- |
| 04/20/2020 04/20/20 | Price Changed | $42,000 | 0.0% | -- |
| 04/20/2020 04/20/20 | For Sale | $42,000 | 0.0% | -- |
| 12/12/2019 12/12/19 | Off Market | $42,000 | -- | -- |
| 09/13/2019 09/13/19 | For Sale | $38,000 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $5,024 | $449,200 | $40,100 | $409,100 |
| 2023 | $9 | $200 | $200 | $0 |
| 2022 | $6 | $200 | $200 | $0 |
| 2021 | $6 | $200 | $200 | $0 |
| 2020 | $6 | $200 | $200 | $0 |
| 2019 | $6 | $200 | $200 | $0 |
| 2018 | $19 | $300 | $300 | $0 |
| 2017 | $19 | $300 | $300 | $0 |
| 2016 | $9 | $300 | $300 | $0 |
| 2014 | $6 | $300 | $300 | $0 |
| 2013 | $6 | $200 | $200 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cassie Newman
C
Seller's Agent in 2023
Cassie Newman
M/I Homes of Indiana, L.P.
(317) 475-3621
15 in this area
1,112 Total Sales
-
Buyer's Agent in 2023
Janna Long
Smythe & Co, Inc
(317) 509-1605
92 in this area
120 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21922304
APN: 41-08-12-021-033.000-018
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