NOT LISTED FOR SALE

2428 Somerset Cir Franklin, IN 46131

Estimated Value: $525,000 - $570,000

3 Beds
3.5 Baths
4,086 Sq Ft
$134/Sq Ft Est. Value

Last Sold May 22, 2014

Last sale price $370,000 $91 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,348/month

236 Days on Market

Highlights

  • Great Room with Fireplace
  • Bar Fridge
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Walk-In Closet
  • Garage

About This Home

As of May 2014

Legends West. Immaculate 3 bedroom, 3.5 bath home w/ finished basement on golf-course! This home features a large great room w/ fireplace, open kitchen w/center island & breakfast area, a formal dining room, excellent ceiling elevations, 3 great-size bedrooms, & a finished basement w/ an office, wine cellar, full bath, & HUGE family room w/ wet bar that is perfect for entertaining. 3-car attached garage. Covered patio overlooking the golf course! Beautiful home on great lot! Motivated seller!

Last Agent to Sell the Property

Scott Smith

Keller Williams Indy Metro S License #RB14021668 Listed on: 09/13/2013

Keller Williams Indy Metro S

Last Buyer's Agent

Scott Smith

Keller Williams Indy Metro S License #RB14021668 Listed on: 09/13/2013

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,186

Year Built

  • Built in 2007

Lot Details

  • 0.25 Acre Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 4,086 Sq Ft Home
  • Bar Fridge
  • Great Room with Fireplace
  • 2 Fireplaces
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Finished Basement

  • Sump Pump
  • Fireplace in Basement

Parking

  • Garage
  • Driveway

Utilities

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

Community Details

  • Association fees include lawncare, ground maintenance, pool, snow removal
  • Legends West Subdivision

Listing and Financial Details

  • Assessor Parcel Number 410812021020000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,186

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 2007
  • Garage Y N: Yes
  • Lot Size Acres: 0.25
  • Subdivision Name: LEGENDS WEST
  • Inspection Warranties: Not Applicable
  • Property Description: Legends West. Immaculate 3 bedroom, 3.5 bath home w/ finished basement on golf-course! This home features a large great room w/ fireplace, open kitchen w/center island & breakfast area, a formal dining room, excellent ceiling elevations, 3 great-size bedrooms, & a finished basement w/ an office, wine cellar, full bath, & HUGE family room w/ wet bar that is perfect for entertaining. 3-car attached garage. Covered patio overlooking the golf course! Beautiful home on great lot! Motivated seller!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Electric Cooktop, Dryer, Kit Exhaust, Microwave, Bar Fridge, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Great Room
  • Fireplaces: 2
  • Interior Amenities: Attic Pull Down Stairs, Attic Access, Walk-in Closet(s)
  • Living Area: 4086
  • Other Equipment: Smoke Detector, Sump Pump, WetBar
  • Room Count: 12
  • Areas Interior: Laundry Room Main Level,Bedroom Other on Main
  • Eating Area: Breakfast Room,Center Island,Formal Dining Room,Walk In Pantry
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2043
  • Main Level Sq Ft: 2043
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Tub Full with Separate Shower,Main Level,Suite,Closet Walk in,Tub Whirlpool
  • Total Sq Ft: 4086
  • Below Grade Sq Ft: 2043
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 75+%
  • Bathroom Areas: 4.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick, Stone
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Concrete Perimeter
  • List Price: 384900
  • Association Maintained Building Exterior: 0
  • Porch: Covered Patio,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 3 Car Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Semi-Annually

Fee Information

  • Association Fee Includes: Entrance Common, Lawncare, Maintenance Grounds, Pool, Snow Removal
  • Mandatory Fee: 900

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 410812021020000018
  • Acres: 1/4-1/2 Acre
  • Lot Information: On Golf Course,Sidewalks,Storm Sewer,Street Lights
  • Lot Number: 18
  • Lot Size: 0.25

Tax Info

  • Tax Annual Amount: 3186
  • Semi Annual Property Tax Amt: 1593
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2013
Closed on
May 22, 2014
Sold by
Richardson Christopher D and Richardson Kelly
Bought by
Menefee Gregory J and Menefee Julie G
Seller's Agent
Scott Smith
Keller Williams Indy Metro S
Buyer's Agent
Scott Smith
Keller Williams Indy Metro S
List Price
$384,900
Sold Price
$370,000
Premium/Discount to List
-$14,900
-3.87%
Current Estimated Value
$546,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,621
Avg. Annual Appreciation
3.60%
Original Mortgage
$296,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2010
Sold by
Richardson Christopher D and Clarkston Kelly
Bought by
Richardson Christopher D and Richardson Kelly

Purchase Details

Closed on
Sep 5, 2006
Sold by
Richardson Christopher D
Bought by
Richardson Christopher D and Clarkston Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,500
Interest Rate
6.59%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 20, 2005
Sold by
Beasley Earl E and Beasley Judy A
Bought by
Richardson Christopher D
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
Menefee Gregory J -- Security Title Services
Richardson Christopher D -- None Available
Richardson Christopher D -- None Available
Richardson Christopher D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menefee Gregory J $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2014 05/22/14 Sold $370,000 -3.9% $91 / Sq Ft
05/08/2014 05/08/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $384,900 +4.0% $94 / Sq Ft
12/02/2013 12/02/13 Off Market $370,000 -- --
09/13/2013 09/13/13 For Sale $384,900 -- $94 / 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 $5,398 $475,300 $55,700 $419,600
2024 $5,398 $482,200 $55,700 $426,500
2023 $5,467 $487,300 $55,700 $431,600
2022 $5,415 $476,900 $55,700 $421,200
2021 $3,911 $346,700 $42,300 $304,400
2020 $3,819 $338,700 $42,300 $296,400
2019 $4,125 $365,300 $42,300 $323,000
2018 $3,365 $336,500 $42,300 $294,200
2017 $3,354 $334,400 $42,300 $292,100
2016 $3,649 $340,700 $42,300 $298,400
2014 $3,327 $332,700 $47,500 $285,200
2013 $3,327 $323,600 $47,500 $276,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21255626

MIBOR Broker Listing Cooperative®

APN: 41-08-12-021-020.000-018