NOT LISTED FOR SALE

352 N Water St Franklin, IN 46131

Estimated Value: $344,000 - $387,000

6 Beds
2 Baths
3,390 Sq Ft
$106/Sq Ft Est. Value

Last Sold June 11, 2019

Last sale price $70,000 $21 Per Sq Ft

Est. 412% increase in value since last sale

Current estimated payment $2,553/month

7 Days on Market

About This Home

As of June 2019

Investors dream! Building has recently been gutted; therefore, you have endless possibilities with this building in a high demand area of Franklin.

Last Listed By

Victoria Dougherty

CENTURY 21 Scheetz License #RB14045807 Listed on: 05/21/2019

CENTURY 21 Scheetz

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1825

Lot Details

  • 8,581 Sq Ft Lot

Home Design

  • Traditional Architecture

Community Details

  • Ragsdale Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for gas, inshazard, insurance, taxes
  • Assessor Parcel Number 410814042073000009

Property Details

Home Type

Multi-Family

Year Built

Built in 1825

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1825
  • Lot Size Acres: 0.197
  • Structure Type: Triplex
  • Subdivision Name: RAGSDALE ADD
  • Inspection Warranties: Not Applicable
  • Property Description: Investors dream! Building has recently been gutted; therefore, you have endless possibilities with this building in a high demand area of Franklin.
  • Transaction Type: Sale
  • Unit Count: 3
  • Conversion: 1
  • Special Features: None

Interior Features

  • Owner Pays: Gas, InsHazard, Insurance, Insurance, Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections Some

Exterior Features

  • Construction Materials: Other
  • Disclosures: Not Applicable
  • List Price: 80000

Garage/Parking

  • Unit Parking: On Street,Paved Area

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 7800

Lot Info

  • Parcel Number: 410814042073000009
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Sidewalks
  • Lot Number: 4
  • Lot Size: 8581

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Net Operating Income: 10200
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2592
  • Semi Annual Property Tax Amt: 1296
  • Tax Exemption: None

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Jun 11, 2019
Sold by
352 N Water St Llc
Bought by
Buening Properties Llc
Seller's Agent
Victoria Dougherty
CENTURY 21 Scheetz
Buyer's Agent
Daniel Frische
Smythe & Co, Inc
List Price
$80,000
Sold Price
$70,000
Premium/Discount to List
-$10,000
-12.5%
Total Days on Market
7
Current Estimated Value
$358,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,745
Avg. Annual Appreciation
31.61%

Purchase Details

Listed on
Jun 17, 2015
Closed on
Dec 21, 2015
Sold by
Charles E Wenning Successor Trustee
Bought by
Brandt William
Seller's Agent
Gregory Leugers
Keller Williams Indy Metro S
Buyer's Agent
Victoria Dougherty
CENTURY 21 Scheetz
List Price
$94,900
Sold Price
$85,000
Premium/Discount to List
-$9,900
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.46%

Range of Values:

Collateral Analytics

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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 Buyer Sale Price Title Company
Buening Properties Llc -- None Available
Buening Properties Llc -- None Available
Brandt William $85,000 --
352 N Water Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buening Properties Llc $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2019 06/11/19 Sold $70,000 -12.5% $21 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $80,000 -5.9% $24 / Sq Ft
12/25/2015 12/25/15 Sold $85,000 -10.4% $50 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $94,900 -- $56 / 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 $6,765 $305,800 $19,900 $285,900
2023 $5,176 $232,600 $19,900 $212,700
2022 $3,532 $158,400 $18,100 $140,300
2021 $3,532 $158,400 $17,500 $140,900
2020 $3,532 $158,400 $17,500 $140,900
2019 $3,532 $158,400 $15,000 $143,400
2018 $2,792 $129,600 $15,000 $114,600
2017 $2,592 $129,600 $15,000 $114,600
2016 $2,592 $129,600 $15,000 $114,600
2014 $2,592 $129,600 $17,600 $112,000
2013 $2,592 $141,600 $17,600 $124,000
Source: Public Records

Agents Affiliated with this Home

  • Daniel Frische

    Buyer's Agent in 2019

    Daniel Frische

    Smythe & Co, Inc

    (317) 727-2834

    33 in this area

    81 Total Sales

    Section Image
  • Gregory Leugers

    Seller's Agent in 2015

    Gregory Leugers

    Keller Williams Indy Metro S

    (317) 443-9032

    91 in this area

    210 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21642096

MIBOR Broker Listing Cooperative®

APN: 41-08-14-042-073.000-009

Indiana Johnson County Franklin 46131

352 N Water St, Franklin, IN

Homes for Sale in Franklin, IN

This home is located at 352 N Water St, Franklin, IN 46131 since 21 May 2019 and is currently estimated at $358,745, approximately $105 per square foot. This property was built in 1825. 352 N Water St is a home located in Johnson County with nearby schools including Northwood Elementary School, Franklin Community Middle School, and Custer Baker Intermediate 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.

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