NOT LISTED FOR SALE

240 E King St Franklin, IN 46131

Estimated Value: $284,682 - $403,000

3 Beds
2.5 Baths
2,191 Sq Ft
$150/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $266,500 $122 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,947/month

13 Days on Market

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Formal Dining Room
  • Victorian Architecture
  • Covered Patio or Porch
  • 2 Car Detached Garage

About This Home

As of June 2020

Stunning 3 Bedroom 2.5 Bath with Rare Amenities in the Heart of Downtown Franklin! This Home offers over 2,000 Sq. Ft. of Updated Living Space complete with a Welcoming Entry Way, Gorgeous Staircase, Updated Flooring, Raised Ceilings, Living Rm w/ FP which Flows to the Spacious Dining Room & Oversized Kitchen featuring Beautiful Cabinetry, Granite Counters, SS Appliances, Double Oven & Gas Cooktop! You Will Love the Master Bedroom featuring Remodeled Master Bathroom w/ Walk-in Tiled Shower, Stand alone Tub & A TRUE Walk-in Closet complete w. Vanity Counter & Center Island! Upstairs has 2 Bedrooms, Full Bath & Extra Room being used as office. 50 Year Black Metal Roof, Large Backyard w/ Garage & Off Street Parking make this a Rare Find!

Last Agent to Sell the Property

Austin Smythe

Smythe & Co, Inc License #RB14048751 Listed on: 05/24/2020

Last Buyer's Agent

David Lifford

Orchard Hills Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,012

Year Built

  • Built in 1850

Lot Details

  • 9,309

Parking

  • 2 Car Detached Garage

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Formal Dining Room
  • Basement
  • Basement Cellar
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • 9,309 Sq Ft Lot

Community Details

  • Hicks & Beard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 410814042109000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,012

Year Built

Built in 1850

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Victorian
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1850
  • Garage Y N: Yes
  • Lot Size Acres: 0.2137
  • Subdivision Name: HICKS & BEARD
  • Inspection Warranties: Not Applicable
  • Property Description: Stunning 3 Bedroom 2.5 Bath with Rare Amenities in the Heart of Downtown Franklin! This Home offers over 2,000 Sq. Ft. of Updated Living Space complete with a Welcoming Entry Way, Gorgeous Staircase, Updated Flooring, Raised Ceilings, Living Rm w/ FP which Flows to the Spacious Dining Room & Oversized Kitchen featuring Beautiful Cabinetry, Granite Counters, SS Appliances, Double Oven & Gas Cooktop! You Will Love the Master Bedroom featuring Remodeled Master Bathroom w/ Walk-in Tiled Shower, Stand alone Tub & A TRUE Walk-in Closet complete w. Vanity Counter & Center Island! Upstairs has 2 Bedrooms, Full Bath & Extra Room being used as office. 50 Year Black Metal Roof, Large Backyard w/ Garage & Off Street Parking make this a Rare Find!
  • Transaction Type: Sale
  • Website: www.SmytheRealEstate.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar
  • Appliances: Gas Cooktop,Dishwasher,Disposal,Microwave,Double Oven,Range Hood
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room,Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Ceiling Raised,Hardwood Floors,Screens Some,Storms Some,Windows Wood,WoodWorkStain/Painted
  • Living Area: 2191
  • Other Equipment: Not Applicable
  • Room Count: 9
  • Areas Interior: Foyer Small,Living Room Formal,Laundry Room Main Level
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2011
  • Main Level Sq Ft: 1488
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Sinks Double,Tub Full with Separate Shower
  • Total Sq Ft: 2191
  • Kitchen Features: Kitchen Updated
  • Below Grade Sq Ft: 180
  • Upper Level Sq Ft: 523
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel,Fence Partial
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Parking Other: Rear Load Garage

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Gas Connected,High Speed Internet Avail,Municipal Sewer Available,Municipal Water Available
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 410814042109000009
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Tree Mature
  • Lot Number: 25
  • Lot Size: 9,309

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2012
  • Semi Annual Property Tax Amt: 1006
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2020
Closed on
Jun 25, 2020
Sold by
Mckalips Andrew James and Fitzsimons Sarah Ann
Bought by
Shimek Linda S
Seller's Agent
Austin Smythe
Smythe & Co, Inc
Buyer's Agent
David Lifford
Orchard Hills Realty LLC
List Price
$279,900
Sold Price
$266,500
Premium/Discount to List
-$13,400
-4.79%
Current Estimated Value
$329,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,671
Avg. Annual Appreciation
3.95%
Original Mortgage
$75,000
Outstanding Balance
$66,628
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$262,543

Purchase Details

Closed on
Apr 7, 2017
Sold by
Mckalips Andrew James
Bought by
Mckalips Andrew James and Mckalips Saruh Ann

Purchase Details

Listed on
Jun 10, 2016
Closed on
Aug 11, 2016
Sold by
Cornett Richard C
Bought by
Mckalips Andrew James
Seller's Agent
Todd Cook
Keller Williams Indy Metro S
Buyer's Agent
Austin Smythe
Smythe & Co, Inc
List Price
$179,900
Sold Price
$178,500
Premium/Discount to List
-$1,400
-0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%

Purchase Details

Listed on
Jun 2, 2015
Closed on
Aug 4, 2015
Sold by
Secretary Of Hud
Bought by
Comett Richard C
Seller's Agent
Scott Smith
Keller Williams Indy Metro S
Buyer's Agent
Todd Cook
Keller Williams Indy Metro S
List Price
$57,750
Sold Price
$70,900
Premium/Discount to List
$13,150
22.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
149.47%

Purchase Details

Closed on
Sep 18, 2014
Sold by
Eads Christopher S
Bought by
Midfirst Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shimek Linda S -- Chicago Title Co Llc
Mckalips Andrew James -- None Available
Mckalips Andrew James -- Chicago Title
Comett Richard C -- None Available
Midfirst Bank $101,135 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shimek Linda S $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2020 06/25/20 Sold $266,500 0.0% $122 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
06/06/2020 06/06/20 Price Changed $266,500 -4.8% $122 / Sq Ft
05/24/2020 05/24/20 For Sale $279,900 +56.8% $128 / Sq Ft
08/11/2016 08/11/16 Sold $178,500 0.0% $81 / Sq Ft View Prior Sale
06/29/2016 06/29/16 Pending -- -- --
06/28/2016 06/28/16 Off Market $178,500 -- --
06/28/2016 06/28/16 For Sale $179,900 +0.8% $82 / Sq Ft
06/13/2016 06/13/16 Off Market $178,500 -- --
06/10/2016 06/10/16 For Sale $179,900 +153.7% $82 / Sq Ft
08/10/2015 08/10/15 Sold $70,900 +22.8% $36 / Sq Ft View Prior Sale
06/12/2015 06/12/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $57,750 -- $29 / Sq Ft
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 $2,650 $306,700 $20,700 $286,000
2024 $2,650 $239,600 $21,100 $218,500
2023 $2,532 $228,000 $21,100 $206,900
2022 $2,300 $206,900 $19,200 $187,700
2021 $2,127 $191,900 $18,500 $173,400
2020 $2,183 $196,800 $18,500 $178,300
2019 $2,012 $181,900 $15,900 $166,000
2018 $1,576 $157,400 $15,900 $141,500
2017 $1,567 $155,700 $15,900 $139,800
2016 $2,427 $141,100 $15,900 $125,200
2014 $1,214 $120,400 $18,100 $102,300
2013 $1,214 $110,800 $18,100 $92,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21710716

MIBOR Broker Listing Cooperative®

APN: 41-08-14-042-109.000-009