Seller's Agent in 2021
Fred Paris
Smythe & Co, Inc
(317) 412-0968
299 W Madison St Franklin, IN 46131
Estimated Value: $185,000 - $243,000
4
Beds
2
Baths
1,666
Sq Ft
$130/Sq Ft
Est. Value
About This Home
As of August 2021two story brick and stucco home. Current owner has recently had the exterior painted and replaces most of the windows on the upper level. The home has been used as a two-family rental home for the past 40 plus years. The upper unit is currently rented and the tenant has a lease through October 2021. The lower level is vacant. Home has a lot of potential to return to a single family. Please see listing # for information and offering as a multifamily rental. Property is offered as is. Preliminary title work ordered through J.C.L.T. Also please note that the new blacktop driveway in rear includes the 12-foot easement driveway to 253 Madison. Seller is using the property sale for 1031 exchange
Last Listed By
Fred Paris
Smythe & Co, Inc Listed on: 06/26/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,140
Year Built
- Built in 1910
Lot Details
- 518
Parking
- Driveway
Home Design
- Brick Exterior Construction
- Brick Foundation
- Stucco
Additional Features
- 2-Story Property
- 518 Sq Ft Lot
Community Details
- Kings Subdivision
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- The owner pays for lawncare, taxes, sewer, water
- Assessor Parcel Number 410814034068000009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2021
Closed on
Aug 4, 2021
Sold by
Paris Richard L and Paris Ellen Mae
Bought by
Graham Scott and Graham Robin Michelle
Seller's Agent
Fred Paris
Smythe & Co, Inc
Buyer's Agent
Fred Paris
Smythe & Co, Inc
List Price
$200,000
Sold Price
$150,000
Premium/Discount to List
-$50,000
-25%
Total Days on Market
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,301
Avg. Annual Appreciation
10.14%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Graham Scott | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Paris Richard L | $171,978 | |
| Previous Owner | Paris Richard L | $165,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2021 08/04/21 | Sold | $150,000 | -25.0% | $90 / Sq Ft |
| 07/19/2021 07/19/21 | Pending | -- | -- | -- |
| 06/26/2021 06/26/21 | For Sale | $200,000 | -- | $120 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $4,104 | $185,500 | $19,700 | $165,800 |
| 2023 | $3,772 | $169,500 | $19,700 | $149,800 |
| 2022 | $2,141 | $96,000 | $19,700 | $76,300 |
| 2021 | $2,141 | $96,000 | $18,400 | $77,600 |
| 2020 | $2,141 | $96,000 | $18,400 | $77,600 |
| 2019 | $2,141 | $96,000 | $11,800 | $84,200 |
| 2018 | $2,866 | $72,000 | $11,800 | $60,200 |
| 2017 | $1,440 | $72,000 | $11,800 | $60,200 |
| 2016 | $1,440 | $72,000 | $11,800 | $60,200 |
| 2014 | $1,440 | $72,000 | $17,900 | $54,100 |
| 2013 | $1,440 | $88,200 | $17,900 | $70,300 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21791307
APN: 41-08-14-034-068.000-009
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