NOT LISTED FOR SALE

2400 Somerset Cir Franklin, IN 46131

Estimated Value: $360,000 - $393,000

0.18 Acre
$2,086,394 Price per Acre
7,841 Sq Ft Lot

Last Sold August 10, 2020

Last sale price $44,000

Est. 754% increase in value since last sale

Current estimated payment $2,464/month

245 Days on Market

About This Lot

As of August 2020

This home is located at 2400 Somerset Cir, Franklin, IN 46131 since 14 September 2019 and is currently estimated at $375,551. 2400 Somerset Cir is a home located in Johnson County with nearby schools including Needham Elementary School, Franklin Community Middle School, and Custer Baker Intermediate School.

Last Agent to Sell the Property

Janna Long

Janna Long Real Estate LLC License #RB16000347 Listed on: 09/14/2019

Last Buyer's Agent

George Simons

The Landman

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20

Lot Details

HOA Fees

  • $150 per month

Community Details

  • Property managed by Legends West HOA

Property Details

Property Type

Land

Est. Annual Taxes

$20

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Land
  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Transaction Type: Sale
  • Directions: 31 S to Earlywood (330 N) turn left, go east to Hurrican Rd., then south on Hurricane to Legends West Entrance
  • New Construction: No
  • Road Frontage Type: County Road
  • Road Surface Type: Concrete
  • Subdivision Name: LEGENDS WEST
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0

Exterior Features

  • Road Access: CountyRd
  • Water: Fees Tap,Municipal Water on Site
  • Disclosures: Not Applicable
  • Other Structures: No Building
  • Topography: Cleared,Level

Utilities

  • Solid Waste: 0
  • Sewer: Fees Tap, Municipal Sewer On Site

Condo/Co-op/Association

  • Management Company Name: Legends West HOA
  • Management Company Phone: 317-509-1605
  • H O A Disclosures: Covenants & Restrictions,Rules & Regulations
  • Association Fee: 900
  • Association Fee Frequency: Semi-Annually

Fee Information

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

Lot Info

  • Acres: <1/4 Acre
  • Lot Number: 15
  • Lot Size: 57X112X92X100
  • Improvements: Street Lights,Paved Streets
  • Land Characteristics: Rural In Subdivsion
  • Potential Zoning: Single Family
  • Present Zoning: Single Family
  • Development Status: Finished Lot(s), Plat Recorded
  • Zoning: RESIDENTIAL

Tax Info

  • Semi Annual Property Tax Amt: 10
  • Tax Exemption: None
  • Tax Annual Amount: 20
  • Tax Year: 2018

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2023
Sold by
Laflower Mary
Bought by
Mary M Laflower Irrevocable Trust and Straber
Current Estimated Value
$375,551

Purchase Details

Closed on
Oct 7, 2022
Sold by
Hostetler Roger L
Bought by
Roger L Hostetler Irrevocable Trust and Hostetler

Purchase Details

Closed on
Nov 30, 2017
Sold by
Legends West Associates Llc
Bought by
Legends West Associates Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Mary M Laflower Irrevocable Trust -- None Listed On Document
Roger L Hostetler Irrevocable Trust -- None Listed On Document
Legends West Associates Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2020 08/10/20 Sold $44,000 0.0% --
07/21/2020 07/21/20 Off Market $44,000 -- --
05/16/2020 05/16/20 Pending -- -- --
04/20/2020 04/20/20 Price Changed $46,000 0.0% --
04/20/2020 04/20/20 For Sale $46,000 +4.5% --
12/12/2019 12/12/19 Off Market $44,000 -- --
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
2025 $4,141 $372,600 $40,500 $332,100
2024 $4,141 $371,200 $41,200 $330,000
2023 $6,204 $371,200 $41,200 $330,000
2022 $8,084 $362,800 $41,200 $321,600
2021 $935 $31,200 $31,200 $0
2020 $6 $200 $200 $0
2019 $6 $200 $200 $0
2018 $21 $300 $300 $0
2017 $22 $400 $400 $0
2016 $12 $400 $400 $0
2014 $9 $400 $400 $0
2013 $9 $300 $300 $0
Source: Public Records

Agents Affiliated with this Home

  • Janna Long

    Seller's Agent in 2020

    Janna Long

    Janna Long Real Estate LLC

    (317) 509-1605

    78 in this area

    107 Total Sales

    Janna Long
    Section Image

  • G

    Buyer's Agent in 2020

    George Simons

    The Landman

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21667609

MIBOR Broker Listing Cooperative®

APN: 41-08-12-021-023.000-018

Indiana Johnson County Franklin 46131

2400 Somerset Cir, Franklin, IN

Not Listed for Sale

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