NOT LISTED FOR SALE

2502 Cedarmill Dr Franklin, IN 46131

Estimated Value: $230,000 - $261,000

3 Beds
2 Baths
1,218 Sq Ft
$201/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $128,000 $105 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,730/month

33 Days on Market

Highlights

  • Ranch Style House
  • Woodwork
  • Central Air
  • Storm Windows
  • Walk-In Closet
  • Garage

About This Home

As of October 2017

Arbor built 3 bedroom, 2 full bath ranch w/a 2 car garage. Upgrades include: island w/a bar top, vinyl flooring, 14x9 patio, master bath garden tub, w/s hook-up, cook-top stove, microwave hoodfan, dishwasher, pad& carpet.

Last Agent to Sell the Property

Mike Watkins

Mike Watkins Real Estate Group License #RB14006793 Listed on: 08/16/2017

Co-Listed By

Pat Watkins

Mike Watkins Real Estate Group License #RB14036818

Last Buyer's Agent

Christopher Burke

Welcome Home Realty Group, LLC

Welcome Home Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30

Year Built

  • Built in 2015

Lot Details

  • 6,011 Sq Ft Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,218 Sq Ft Home
  • Woodwork

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • Garage
  • Driveway

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Association fees include clubhouse, insurance, maintenance, pool
  • Heritage Subdivision
  • Property managed by Heritage

Listing and Financial Details

  • Assessor Parcel Number 410801033030000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$30

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 2015
  • Co List Office Phone: 317-882-6453
  • Garage Y N: Yes
  • Lot Size Acres: 0.138
  • Subdivision Name: HERITAGE
  • Inspection Warranties: General
  • Property Description: Arbor built 3 bedroom, 2 full bath ranch w/a 2 car garage. Upgrades include: island w/a bar top, vinyl flooring, 14x9 patio, master bath garden tub, w/s hook-up, cook-top stove, microwave hoodfan, dishwasher, pad& carpet.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, MicroHood
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Walk-in Closet(s), Storms Complete, Wood Work Painted
  • Living Area: 1218
  • Other Equipment: Smoke Detector
  • Room Count: 7
  • Areas Interior: Foyer Large,Laundry Room Main Level
  • Eating Area: Breakfast Bar,Breakfast Room,Center Island,Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1218
  • Main Level Sq Ft: 1218
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,TubFull with Shower,Tub Garden
  • Total Sq Ft: 1218
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Slab
  • List Price: 129900
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Garage Door Opener

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: Heritage

Fee Information

  • Association Fee Includes: Clubhouse, Insurance, Maintenance, Pool
  • Mandatory Fee: 350

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 410801033030000018
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights
  • Lot Number: 641
  • Lot Size: 6,011

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 30
  • Semi Annual Property Tax Amt: 15
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2022
Sold by
Sfr Jv-2 Property Llc
Bought by
Sfr Jv-2 2022-1 Borrower Llc
Total Days on Market
33
Current Estimated Value
$244,913

Purchase Details

Closed on
Sep 20, 2021
Sold by
Burke Jared E and Burke Brianna R
Bought by
Sfr Jv 2 Property Llc

Purchase Details

Listed on
Aug 16, 2017
Closed on
Oct 13, 2017
Sold by
Close Rebecca R and Close Christopher S
Bought by
Burke Jared E and Burke Brianna R
Seller's Agent
Mike Watkins
Mike Watkins Real Estate Group
Buyer's Agent
Christopher Burke
Welcome Home Realty Group, LLC
List Price
$129,900
Sold Price
$128,000
Premium/Discount to List
-$1,900
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%
Original Mortgage
$125,681
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 3, 2015
Sold by
Bevo Llc
Bought by
Arbor Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000,000
Interest Rate
3.93%
Mortgage Type
Construction
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
Sfr Jv-2 2022-1 Borrower Llc -- Frost Brown Todd Llc
Sfr Jv 2 Property Llc $220,000 None Available
Burke Jared E -- --
Arbor Homes Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burke Jared E $125,681
Previous Owner Arbor Homes Llc $20,000,000
Closed Sfr Jv-2 2022-1 Borrower Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2017 10/13/17 Sold $128,000 -1.5% $105 / Sq Ft
08/16/2017 08/16/17 For Sale $129,900 -- $107 / 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 $4,314 $195,000 $31,000 $164,000
2023 $4,263 $191,600 $31,000 $160,600
2022 $3,938 $176,600 $31,000 $145,600
2021 $1,670 $151,100 $31,000 $120,100
2020 $1,391 $126,900 $31,000 $95,900
2019 $1,326 $121,200 $12,500 $108,700
2018 $1,122 $117,300 $12,500 $104,800
2017 $1,061 $105,100 $12,500 $92,600
2016 $9 $107,000 $12,500 $94,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21506789

MIBOR Broker Listing Cooperative®

APN: 41-08-01-033-030.000-018