$30,000
SOLD JUN 5, 2012

298 N Main St Franklin, IN 46131

-- Bed
-- Bath
1,798 Sq Ft
37 Sq Ft Lot

Recently Sold

$17 Per Sq Ft

45% Below List Price

675 Days on Market

About This Home

As of February 2018

GOOD INVESTMENT OPPORTUNITY, GREAT LOCATION ON MAIN ST, GOOD MONTHLY INCOME. UPSTAIRS IN UNIT #1 IS HEATED BY BASEBOARD ELECTRIC.

Last Agent to Sell the Property

Joe Williams

Listed on: 07/19/2010

Co-Listed By

S. Brooke Huffman

Keller Williams Indy Metro S

Last Buyer's Agent

Brian Phillips

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 37 Sq Ft Lot

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 410814031145000009

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2010
  • Year Built: 1900
  • Structure Type: Duplex
  • Subdivision Name: No Subdivision
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: jwilliamsrealty@gmail.com
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Sewer, Water
  • SqFt Total: 0

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • List Price: 49900

Garage/Parking

  • Unit Parking: 1 Car Space

Utilities

  • Utilities: Cable Connected, Gas, Sewer Connected
  • Laundry Features: Connections All
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 37
  • Parcel Number: 410814031145000009
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1296
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 648
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2020
Sold by
Koro Development Llc
Bought by
Ranschaert Drake
Current Estimated Value
$240,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,100
Outstanding Balance
$111,185
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$123,843

Purchase Details

Closed on
May 21, 2019
Sold by
Kd1 Llc
Bought by
Koro Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 26, 2018
Closed on
Feb 2, 2018
Sold by
Ison Holly
Bought by
Kdi Llc
Seller's Agent
Annette Nasby
Runnebohm Realty, LLC
Buyer's Agent
Fred Kincer
KORO Development, LLC
List Price
$35,000
Sold Price
$38,000
Premium/Discount to List
$3,000
8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.93%

Purchase Details

Listed on
Jul 19, 2010
Closed on
Jun 5, 2012
Sold by
Patrick Billy Gene and Patrick Linda Sue
Bought by
Ison Holly
Seller's Agent
Joe Williams
Buyer's Agent
Brian Phillips
List Price
$55,000
Sold Price
$30,000
Premium/Discount to List
-$25,000
-45.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%

Purchase Details

Closed on
Aug 17, 2010
Sold by
Schafstall Robert H
Bought by
Patrick Billy Gene and Patrick Linda Sue

Purchase Details

Closed on
Aug 11, 2010
Sold by
Patrick Billy Gene and Patrick Linda Sue
Bought by
Schafstall Robert H
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Deed -- --
Warranty Deed -- Chicago Title Company Llc
Trustee Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $124,100 New Conventional
Previous Owner $96,000 New Conventional
Previous Owner $36,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2018 02/02/18 Sold $38,000 +8.6% $21 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $35,000 +16.7% $19 / Sq Ft
06/05/2012 06/05/12 Sold $30,000 -45.5% $17 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
07/19/2010 07/19/10 For Sale $55,000 -- $31 / 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 $2,099 $174,900 $16,400 $158,500
2024 $2,099 $190,900 $16,400 $174,500
2023 $3,876 $174,200 $16,400 $157,800
2022 $3,525 $158,400 $16,400 $142,000
2021 $1,452 $132,800 $15,400 $117,400
2020 $1,206 $110,800 $15,400 $95,400
2019 $2,397 $107,500 $9,900 $97,600
2018 $1,892 $97,400 $9,900 $87,500
2017 $1,836 $91,800 $9,900 $81,900
2016 $1,336 $86,800 $9,900 $76,900
2014 $1,248 $62,400 $12,000 $50,400
2013 $1,248 $60,500 $12,000 $48,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21038128

MIBOR Broker Listing Cooperative®

APN: 41-08-14-031-145.000-009