NOT LISTED FOR SALE

2415 Somerset Cir Franklin, IN 46131

Estimated Value: $421,000 - $459,000

3 Beds
2.5 Baths
2,318 Sq Ft
$190/Sq Ft Est. Value

Last Sold May 11, 2020

Last sale price $314,990 $136 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,807/month

151 Days on Market

Highlights

  • Covered patio or porch
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • 2 Car Attached Garage
  • Central Air
  • Smart Thermostat

About This Home

As of May 2020

This all NEW 2,318sf 3 Bdrm, 2.5 Bath Ranch is under construction and ready for January move-in. Elegant exterior with covered front porch and 2' brick wrap. This best-selling design checks all the "must-haves" for a ranch (loads of storage, 3 bedrooms, private study, mudroom, walk-in closets, outdoor living space, and raised/tray ceilings). Stunning kitchen features slide-in gas range, butler's pantry, granite, tile backsplash, large pantry, under cabinet lighting, and custom pendant lighting. Garage is extended and includes storage bay. Large home site with full-yard sod and irrigation. HOA covers all exterior grounds maintenance! This one has it all: A+ design & incredible value in a charming community with Franklin Community Schools!

Last Agent to Sell the Property

Matthew Kraiger

Listed on: 11/13/2019

Last Buyer's Agent

Carrie Vavul

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16

Year Built

  • Built in 2020

Lot Details

  • 0.26

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Low Volatile Organic Compounds (VOC) Products or Finishes

Interior Spaces

  • 2,318 Sq Ft Home
  • 1-Story Property
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Smart Thermostat
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Covered patio or porch
  • 0.26 Acre Lot

Community Details

  • Association fees include home owners insurance irrigation lawncare maintenance grounds snow removal
  • Legends West Subdivision
  • Property managed by Legends West Associates, LLC

Listing and Financial Details

  • Assessor Parcel Number 410812021042000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$16

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial,TraditonalAmerican
  • Builder Name: Silverthorne Homes
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2017
  • Year Built: 2020
  • Garage Y N: Yes
  • Green Energy Efficient: Lighting,HVAC,Insulation,Windows,Water Fixtures,Water Heater,Water Sense Toilet
  • Lot Size Acres: 0.257
  • Subdivision Name: LEGENDS WEST
  • Inspection Warranties: General,Warranty Builders
  • Property Description: This all NEW 2,318sf 3 Bdrm, 2.5 Bath Ranch is under construction and ready for January move-in. Elegant exterior with covered front porch and 2' brick wrap. This best-selling design checks all the "must-haves" for a ranch (loads of storage, 3 bedrooms, private study, mudroom, walk-in closets, outdoor living space, and raised/tray ceilings). Stunning kitchen features slide-in gas range, butler's pantry, granite, tile backsplash, large pantry, under cabinet lighting, and custom pendant lighting. Garage is extended and includes storage bay. Large home site with full-yard sod and irrigation. HOA covers all exterior grounds maintenance! This one has it all: A+ design & incredible value in a charming community with Franklin Community Schools!
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Appliances: Dishwasher,Disposal,Microwave,Gas Oven
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access,Ceiling Tray,Walk-in Closet(s),Screens Complete,Windows Vinyl,Wood Work Painted
  • Living Area: 2318
  • Other Equipment: Smoke Detector,Programmable Thermostat
  • Room Count: 7
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2318
  • Main Level Sq Ft: 2318
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double,Suite
  • Total Sq Ft: 2318
  • Kitchen Features: Center Island,Pantry WalkIn
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Brick,Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete,Irrigation System
  • Foundation Details: Slab
  • List Price: 314990
  • Association Maintained Building Exterior: 0
  • Construction Stage: Completed
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Storage Area
  • Garage Sq Ft: 564

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air,High Efficiency (90%+ AFUE )
  • 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 Frequency: Semi-Annually
  • Management Company Name: Legends West Associates, LLC
  • Management Company Phone: 812-343-0482
  • H O A Disclosures: Covenants & Restrictions,Rules & Regulations

Fee Information

  • Association Fee Includes: Association Home Owners,Insurance,Irrigation,Lawncare,Maintenance Grounds,Snow Removal
  • Mandatory Fee: 900

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 410812021042000018
  • Acres: 1/4-1/2 Acre
  • Lot Information: Corner,Curbs,Sidewalks,Storm Sewer
  • Lot Number: 32
  • Lot Size: 11,195

Green Features

  • Green Certification Y N: 0
  • Smart Home Features: Thermostat - Programmable
  • Green Features: Low/No VOC

Tax Info

  • Tax Annual Amount: 16
  • Semi Annual Property Tax Amt: 8
  • Tax Exemption: None

MLS Schools

  • School District: Franklin Community
  • Schools: Franklin Community High,Franklin Community Middle,Needham Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2019
Closed on
May 11, 2020
Sold by
Clayton Properties Group Inc
Bought by
Work Carla Jean and Work Anthony James
Seller's Agent
Matthew Kraiger
Buyer's Agent
Carrie Vavul
Carpenter, REALTORS®
List Price
$319,990
Sold Price
$314,990
Premium/Discount to List
-$5,000
-1.56%
Total Days on Market
151
Current Estimated Value
$439,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,953
Avg. Annual Appreciation
6.78%
Original Mortgage
$288,452
Outstanding Balance
$258,387
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$181,556

Purchase Details

Closed on
Dec 9, 2016
Sold by
Legends West Associates Llc
Bought by
Silverthorne Homes Llc
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 Buyer Sale Price Title Company
Work Carla Jean -- Enterprise Title
Silverthorne Homes Llc $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Work Carla Jean $288,452
Closed Work Carla Jean $288,452
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2020 05/11/20 Sold $314,990 0.0% $136 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
02/12/2020 02/12/20 Price Changed $314,990 -1.6% $136 / Sq Ft
11/13/2019 11/13/19 For Sale $319,990 -- $138 / 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
2024 $4,188 $375,400 $56,400 $319,000
2023 $4,196 $375,400 $56,400 $319,000
2022 $4,148 $367,300 $56,400 $310,900
2021 $2,923 $260,700 $42,800 $217,900
2020 $2,075 $186,400 $42,800 $143,600
2019 $13 $400 $400 $0
2018 $25 $500 $500 $0
2017 $25 $500 $500 $0
2016 $15 $500 $500 $0
2014 $12 $500 $500 $0
2013 $12 $400 $400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21681200

MIBOR Broker Listing Cooperative®

APN: 41-08-12-021-042.000-018