NOT LISTED FOR SALE

2390 Somerset Cir Franklin, IN 46131

Estimated Value: $487,000 - $576,000

5 Beds
3.5 Baths
3,152 Sq Ft
$168/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $498,575 $158 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,416/month

189 Days on Market

Highlights

  • Vaulted Ceiling
  • Covered Patio or Porch
  • Bay Window
  • Traditional Architecture
  • 3 Car Attached Garage
  • Woodwork

About This Home

As of April 2023

This 2-story home showcases 5 bedrooms, 3.5 bathrooms, and a 3-car garage. The owneras entry leads you to the large pantry with extra storage space. Around the corner is the kitchen equipped with a center island and stainless steel GEA appliances. From the kitchen, you have quick access to the dining nook and sun room. Flowing from the kitchen, the gathering room gives you the perfect spot to sit by the gas fireplace or move the party outside onto the patio. Entering from the front porch, you are greeted by the guest suiteaperfect for hosting family. Upstairs resides the 3 secondary bedrooms, the laundry room, and the hall bath. The private owner's suite features a tray ceiling, an owneras shower spa, and a walk-in closet. CARPET STAGE.

Last Agent to Sell the Property

Cassie Newman

M/I Homes of Indiana, L.P. License #RB14025532 Listed on: 09/02/2022

Last Buyer's Agent

Gregory Leugers

Keller Williams Indy Metro S License #RB14040373

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32

Year Built

  • Built in 2022

Lot Details

  • 0.3 Acre Lot
  • Landscaped with Trees

HOA Fees

  • $183 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

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
  • Family or Dining Combination
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Convection Oven
  • Electric Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Electric Water Heater

Community Details

  • Association fees include home owners, insurance, irrigation, lawncare, maintenance, snow removal
  • Association Phone (970) 479-9420
  • Legends West Subdivision
  • Property managed by LEGENDS WEST HOA
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Legal Lot and Block 11 / 2
  • Assessor Parcel Number 410812021027000018

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: 3152
  • Garage Y N: Yes
  • Lot Size Acres: 0.3
  • Subdivision Name: Legends West
  • Inspection Warranties: Warranty Builders
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: cnewman@mihomes.com
  • Special Features: 4098

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Convection Oven, Electric Water Heater
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • 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, Hi-Speed Internet Availbl, Center Island, Pantry, Programmable Thermostat
  • Living Area: 3152
  • Main Level Bedrooms: 1
  • Other Equipment: Smoke Alarm
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1471
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 1681
  • ResoLivingAreaSource: Builder
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Foundation Details: Slab
  • List Price: 510000
  • Patio And Porch Features: Covered Patio, Covered Porch
  • Construction Stage: See Remarks

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached, Concrete, Storage

Utilities

  • Utilities: Cable Available, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

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

Fee Information

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

Lot Info

  • Lot Features: Sidewalks, Street Lights, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 13068
  • Parcel Number: 410812021027000018
  • Acres: 1/4-1/2 Acre
  • Price Acre: 1661916.66666667

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 32
  • Tax Block: 2
  • Tax Lot: 11
  • Semi Annual Property Tax Amt: 16
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Apr 17, 2023
Sold by
M I Homes Of Indiana Lp
Bought by
Alvey Amanda K
Seller's Agent
Cassie Newman
M/I Homes of Indiana, L.P.
Buyer's Agent
Gregory Leugers
Keller Williams Indy Metro S
List Price
$511,000
Sold Price
$498,575
Premium/Discount to List
-$12,425
-2.43%
Views
114
Current Estimated Value
$529,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,146
Avg. Annual Appreciation
3.05%
Original Mortgage
$250,575
Outstanding Balance
$243,931
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$292,727

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
$48,000
Sold Price
$48,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
626.83%
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
Alvey Amanda K $498,575 Transohio Residential Title Ag
M I Homes Of Indiana Lp -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvey Amanda K $250,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2023 04/17/23 Sold $498,575 -2.2% $158 / Sq Ft
03/11/2023 03/11/23 Pending -- -- --
03/08/2023 03/08/23 Price Changed $510,000 -0.2% $162 / Sq Ft
03/08/2023 03/08/23 For Sale $511,000 0.0% $162 / Sq Ft
01/01/2023 01/01/23 Pending -- -- --
09/26/2022 09/26/22 Price Changed $511,000 -1.9% $162 / Sq Ft
09/02/2022 09/02/22 For Sale $521,025 +985.5% $165 / 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 $47,000 -- --
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
2025 $5,237 $471,000 $61,800 $409,200
2024 $5,237 $468,000 $61,800 $406,200
2023 $5,294 $472,100 $61,800 $410,300
2022 $15 $500 $500 $0
2021 $13 $400 $400 $0
2020 $13 $400 $400 $0
2019 $16 $500 $500 $0
2018 $28 $600 $600 $0
2017 $28 $600 $600 $0
2016 $18 $600 $600 $0
2014 $18 $600 $600 $0
2013 $18 $500 $500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21881041

MIBOR Broker Listing Cooperative®

APN: 41-08-12-021-027.000-018