NOT LISTED FOR SALE

248 E Madison St Franklin, IN 46131

Estimated Value: $343,675 - $463,000

4 Beds
2 Baths
3,968 Sq Ft
$102/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $225,000 $57 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,403/month

1 Day on Market

Highlights

  • Vaulted Ceiling
  • Storm Windows
  • Shed
  • Traditional Architecture
  • Built-in Bookshelves
  • Attic Fan

About This Home

As of August 2016

Gorgeous free classic style 4 bedroom 2 bath. Home built in 1894 with a beautiful yard with awesome outside entertainment space. Close to downtown Franklin, the college and evening entertainment. Beautifully done on the inside with a gorgeous staircase, custom made blinds and hardwood floors. Come and see this beautiful award winning treasure.

Last Agent to Sell the Property

Grace Idlewine

Hemrick Property Group Inc. License #RB14043007 Listed on: 06/22/2016

Last Buyer's Agent

Lana Parker

Carpenter, REALTORS®

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,856

Year Built

  • Built in 1894

Lot Details

  • 10,367 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Window Screens
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Fan
  • Permanent Attic Stairs

Home Security

  • Security System Leased
  • Radon Detector
  • Storm Windows
  • Fire and Smoke Detector

Parking

  • Garage
  • Gravel Driveway

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Multiple Phone Lines

Community Details

  • Hicks & Beard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 410814043004000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,856

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer, Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1894
  • Garage Y N: Yes
  • Lot Size Acres: 0.238
  • Subdivision Name: HICKS & BEARD
  • Inspection Warranties: General
  • Property Description: Gorgeous free classic style 4 bedroom 2 bath. Home built in 1894 with a beautiful yard with awesome outside entertainment space. Close to downtown Franklin, the college and evening entertainment. Beautifully done on the inside with a gorgeous staircase, custom made blinds and hardwood floors. Come and see this beautiful award winning treasure.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher, Dryer, Free-Standing Freezer, Disposal, MicroHood, Gas Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Insert, Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Stairway, Built In Book Shelves, Raised Ceiling(s), Screens Some, Storms Some
  • Living Area: 3968
  • Other Equipment: Network Ready, Multiple Phone Lines, Radon System, Security Alarm Rented, Smoke Detector, Water-Softener Owned
  • Room Count: 8
  • Eating Area: Formal Dining Room,Eat In Kitchen,Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2552
  • Main Level Sq Ft: 1450
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level,Closet Walk in
  • Total Sq Ft: 3968
  • Below Grade Sq Ft: 1416
  • Upper Level Sq Ft: 1102
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini, Driveway Gravel, Fence Full Rear
  • Foundation Details: Brick
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch,Porch Open

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached
  • Garage Parking Other: Guest Street Parking,Other

Utilities

  • Sewer: Sewer Connected
  • Cooling: Attic Fan, Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Connected,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 410814043004000009
  • Acres: <1/4 Acre
  • Lot Information: Corner,Sidewalks,Storm Sewer,Street Lights
  • Lot Number: 16
  • Lot Size: 0.238

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1856
  • Semi Annual Property Tax Amt: 928
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Wells Craig D and Wells Julie
Bought by
Wells Julie
Current Estimated Value
$404,419

Purchase Details

Listed on
Jun 22, 2016
Closed on
Aug 31, 2016
Sold by
Miller Michael and Miller Carol
Bought by
Wells Craig D and Wells Julie
Seller's Agent
Grace Idlewine
Hemrick Property Group Inc.
Buyer's Agent
Lana Parker
Carpenter, REALTORS®
List Price
$247,500
Sold Price
$225,000
Premium/Discount to List
-$22,500
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%

Purchase Details

Closed on
Feb 27, 2006
Sold by
Hacker Douglas Scott and Hacker Angela B
Bought by
Miller Michael and Miller Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,163
Interest Rate
6.22%
Mortgage Type
FHA
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
Wells Julie -- None Available
Wells Craig D -- None Available
Miller Michael -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Michael $197,163
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2016 08/31/16 Sold $225,000 0.0% $57 / Sq Ft
06/24/2016 06/24/16 Off Market $225,000 -- --
06/22/2016 06/22/16 Price Changed $245,000 -1.0% $62 / Sq Ft
06/22/2016 06/22/16 For Sale $247,500 -- $62 / 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 $3,385 $398,000 $22,200 $375,800
2024 $3,385 $304,500 $22,200 $282,300
2023 $3,242 $289,800 $22,200 $267,600
2022 $2,942 $263,200 $20,200 $243,000
2021 $2,747 $243,000 $19,400 $223,600
2020 $2,817 $249,100 $19,400 $229,700
2019 $2,679 $232,600 $16,700 $215,900
2018 $2,060 $200,700 $16,700 $184,000
2017 $2,051 $198,900 $16,700 $182,200
2016 $1,855 $167,100 $16,700 $150,400
2014 $1,682 $179,700 $21,400 $158,300
2013 $1,682 $164,400 $21,400 $143,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21425774

MIBOR Broker Listing Cooperative®

APN: 41-08-14-043-004.000-009