NOT LISTED FOR SALE

3241 S 550 E Franklin, IN 46131

Estimated Value: $188,312 - $210,000

3 Beds
2 Baths
1,419 Sq Ft
$140/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $140,000 $99 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,209/month

37 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Thermal Windows
  • Woodwork
  • Family or Dining Combination

About This Home

As of March 2022

Back on the market by no fault of the home.... 3 bedroom, 2 bathroom ranch style home conveniently located off US 31 near Franklin. New HVAC, roof, windows and siding in the last 6 years. Huge laundry/mud room. Fresh paint, flooring, cabinets, light fixtures, cabinets, and appliances in the last few years; tastefully updated!

Last Agent to Sell the Property

Angela Kelsay

Family Tree Realty, LLC Listed on: 01/27/2022

Last Buyer's Agent

Jeffrey Elliott

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $560

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,419 Sq Ft Home
  • Woodwork
  • Thermal Windows
  • Family or Dining Combination
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 411205022008001004

Home Details

Home Type

Single Family

Est. Annual Taxes

$560

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1940
  • Building Area Total: 1419
  • Garage Y N: No
  • Lot Size Acres: 0.1
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Interior Amenities: Windows Thermal, Wood Work Stained
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1419
  • Main Level Sq Ft: 1419
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial
  • Foundation Details: Crawl Space
  • List Price: 135000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Porch Open

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: None

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 411205022008001004
  • Acres: <1/4 Acre
  • Lot Information: Rural No Subdivision
  • Lot Number: 0
  • Lot Size: .10 acre

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 560
  • Semi Annual Property Tax Amt: 280
  • Tax Exemption: HomesteadTaxExemption,None
  • Multiple Tax I D: 41-12-05-022-008.000-004

MLS Schools

  • School District: Edinburgh Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Mar 29, 2022
Sold by
Knight Ashley M
Bought by
Jackson Joshua and Jackson Felicia
Seller's Agent
Angela Kelsay
Family Tree Realty, LLC
Buyer's Agent
Jeffrey Elliott
Keller Williams Indy Metro S
Sold Price
$140,000
Total Days on Market
37
Current Estimated Value
$199,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,328
Avg. Annual Appreciation
11.64%
Original Mortgage
$135,800
Outstanding Balance
$128,231
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$71,097

Purchase Details

Closed on
Oct 4, 2017
Sold by
Stapleton Ronald
Bought by
Knight Ashley M

Purchase Details

Closed on
Oct 26, 2009
Sold by
Residential Funding Real Estate Holdings
Bought by
Stapleton Ronald

Purchase Details

Closed on
Aug 27, 2009
Sold by
Gmac Mortgage Llc
Bought by
Residential Funding Real Estate Holdings

Purchase Details

Closed on
Jul 16, 2009
Sold by
Roberts Paul T
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Jul 28, 2006
Sold by
Reagan Patrick
Bought by
Roberts Paul T
Source: Public Records

Similar Homes in Franklin, IN

  • 2756 Branigin Creek Blvd, Franklin, IN 46131

    $214,900

    • 3 Beds
    • 1 Bath
    • 1,001 Sq Ft
    • 2756 Branigin Creek Blvd
    • Franklin, IN

    Nestled at 2756 Branigin Creek BLVD, FRANKLIN, IN, this single-family residence in Johnson County presents a wonderful opportunity to establish roots in a desirable location. Either as a wonderful starter home or rental income property. This home is waiting for you to bring your vision to it. Many updated components including New Tankless hot water heater, vinyl plank floors, and gutters in

    Aaron Parris Sweetwater Realty LLC

    Section Image
  • 1472 Maria Ave, Franklin, IN 46131

    $210,000

    • 3 Beds
    • 1.5 Baths
    • 1,082 Sq Ft
    • 1472 Maria Ave
    • Franklin, IN

    Surrounded by mature landscaping and featuring a fully fenced, spacious backyard, this property offers the perfect setting for peaceful living and outdoor fun. A dedicated fenced area for pets makes it ideal for your four-legged family members. Step inside to find soaring vaulted ceilings, fresh paint, and warm bamboo flooring in the living room-creating a cozy and welcoming space. The

    Cindy Stockhaus Better Homes and Gardens Real Estate Gold Key

    Section Image
  • 705 S 450 E, Franklin, IN 46131

    $249,900

    • 3 Beds
    • 1.5 Baths
    • 1,328 Sq Ft
    • 705 S 450 E
    • Franklin, IN

    Check out this 3BR/2BA ranch w/2-car detached garage on nearly a half acre in Franklin! Come live in the country but be minutes from I-65 and all Downtown Franklin has to offer including locally owned shops, eateries, bars, coffeehouses, farmer's market, splash pad, playgrounds, pickleball courts, walking trails, and the historic Artcraft Theatre which features movies and special events.

    Eric Eisenmenger Trusted Realty Partners of Ind

    Section Image
  • 535 S 450 E, Franklin, IN 46131

    $250,000

    • 3 Beds
    • 1.5 Baths
    • 1,631 Sq Ft
    • 535 S 450 E
    • Franklin, IN

    Wonderful Bedford Stone Ranch on Rural Corner Lot Close to Downtown Franklin & I65. This Home Features 3 Bedrooms & 1.5 Baths w/ Oversized 2 Car Detached Garage & Over 1600 Square Feet. Yes, the Home Needs Some Updating, but it's Well Maintained & Ready for Refresh. Outside: Property is Located Just South of Downtown Franklin & Sits on a Corner Lot w/ Beautiful Mature Trees Overlooking the

    Matthew Kresse Red Oak Real Estate Group

    Section Image
  • 1035 Ina Cir, Franklin, IN 46131

    $179,900

    • 2 Beds
    • 1.5 Baths
    • 1,050 Sq Ft
    • 1035 Ina Cir
    • Franklin, IN

    Easy Living in a Desirable 55+ Community! Welcome to this charming patio home in the highly sought-after Franklin Park Village. Enjoy peaceful, low-maintenance living with a beautiful fountain view right outside your window. This home features 2 spacious bedrooms, 1.5 baths, a generous kitchen, and a separate dining area-perfect for everyday comfort and entertaining. Convenience meets modern

    Mitzi Christian Modern Realty Group Inc

    Section Image
  • 997 Yandes St, Franklin, IN 46131

    $235,000

    • 2 Beds
    • 1 Bath
    • 1,200 Sq Ft
    • 997 Yandes St
    • Franklin, IN

    Charming and fully renovated home just half a mile from Franklin College and downtown restaurants! This 2-bedroom, 1-bath beauty also features two bonus rooms-perfect for a home office, playroom, or guest space. Every detail has been thoughtfully updated, including all new electrical, plumbing, kitchen & bath and stylish modern finishes throughout. Primary bedroom on main level with a large

    Crystal O'Brien F.C. Tucker Company

    Section Image
  • 753 Walnut St, Franklin, IN 46131

    $199,900

    • 2 Beds
    • 1.5 Baths
    • 1,044 Sq Ft
    • 753 Walnut St
    • Franklin, IN

    Situated just 7 blocks from beautiful downtown Franklin, this classic bungalow offers historic charm plus modern comfort with 2 ample bedrooms. Primary bedroom has access to newly remodeled bathroom with walk-in shower, while bedroom 2 has a half bath. The welcoming living room has large windows and a gas fireplace and leads into the formal dining room. The versatile kitchen is updated and has

    Cristy Owens Indianapolis Homes Realty Group

    Section Image
  • 1100 Graham St, Franklin, IN 46131

    $209,900

    • 2 Beds
    • 2 Baths
    • 1,032 Sq Ft
    • 1100 Graham St
    • Franklin, IN

    Discover your dream home with this newly remodeled 2 bedroom 2 full bath home in popular Franklin, IN. Step into a world of modern living in this brand-new, impeccably remodeled home. Tastefully updated throughout, this home boasts a modern design and contemporary finishes. Enjoy a newly renovated kitchen with stainless steel appliances. New flooring, fresh paint and updated lighting create a

    Justin Lollar Family Tree Realty, LLC

    Section Image
  • 110 Highland Ave, Franklin, IN 46131

    $249,900

    • 3 Beds
    • 2 Baths
    • 1,912 Sq Ft
    • 110 Highland Ave
    • Franklin, IN

    Located in Franklin, Indiana, this single-family residence presents an attractive property in great condition, ready to welcome you home. Imagine relaxing in the living room, where the vaulted ceiling and high ceiling create an airy and expansive atmosphere, perfect for both quiet evenings and lively gatherings. The kitchen serves as a focal point, anchored by a large kitchen island that offers

    Tyre Shelton Hoosier, REALTORS®

    Section Image
See All Homes in Franklin

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jackson Joshua $140,000 Gesse Larry J
Knight Ashley M -- First American Title
Stapleton Ronald -- None Available
Residential Funding Real Estate Holdings -- None Available
Gmac Mortgage Llc $34,500 None Available
Roberts Paul T -- Progressive Land Title Of In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Joshua $50,000
Open Jackson Joshua $135,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2022 03/29/22 Sold $140,000 +3.7% $99 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
02/28/2022 02/28/22 For Sale -- -- --
01/30/2022 01/30/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $135,000 -- $95 / 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 $1,133 $139,200 $12,900 $126,300
2023 $1,093 $139,200 $12,900 $126,300
2022 $1,123 $129,700 $12,900 $116,800
2021 $607 $107,500 $11,800 $95,700
2020 $560 $97,300 $11,400 $85,900
2019 $444 $88,100 $10,300 $77,800
2018 $304 $81,500 $10,300 $71,200
2017 $210 $48,500 $7,600 $40,900
2016 $787 $46,300 $7,600 $38,700
2014 $767 $47,200 $7,600 $39,600
2013 $767 $47,200 $7,600 $39,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Angela Kelsay

    Family Tree Realty, LLC

    (812) 344-8326

    Section Image
  • Jeffrey Elliott

    Buyer's Agent in 2022

    Jeffrey Elliott

    Keller Williams Indy Metro S

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21835605

MIBOR Broker Listing Cooperative®

APN: 41-12-05-022-008.001-004

Indiana Johnson County Franklin 46131

3241 S 550 E, Franklin, IN

This home is located at 3241 S 550 E, Franklin, IN 46131 since 27 January 2022 and is currently estimated at $199,328, approximately $140 per square foot. This property was built in 1940. 3241 S 550 E is a home located in Johnson County with nearby schools including East Side Elementary School, Edinburgh Community Middle School, and Edinburgh Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

Nearby Homes