NOT LISTED FOR SALE

386 E Madison St Franklin, IN 46131

Estimated Value: $270,000 - $430,000

6 Beds
4 Baths
1,409 Sq Ft
$248/Sq Ft Est. Value

Last Sold March 21, 2013

Last sale price $65,000 $46 Per Sq Ft

Est. 438% increase in value since last sale

Current estimated payment $2,440/month

About This Home

As of March 2013

This home is located at 386 E Madison St, Franklin, IN 46131 since 01 March 2013 and is currently estimated at $350,000, approximately $248 per square foot. This property was built in 1850. 386 E Madison St is a home located in Johnson County with nearby schools including Northwood Elementary School, Franklin Community Middle School, and Custer Baker Intermediate School.

Last Listed By

Gregory Leugers

Keller Williams Indy Metro S Listed on: 03/01/2013

Keller Williams Indy Metro S

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1850

Lot Details

  • 74 Sq Ft Lot

Home Design

  • 1,409 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction

Community Details

  • Hamilton Subdivision
  • No Laundry Facilities

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for gas
  • Tax Lot 37, 38
  • Assessor Parcel Number 410814044063000009

Property Details

Home Type

Multi-Family

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2012
  • Year Built: 1850
  • Building Area Total: 2109
  • Lot Size Acres: 0.24
  • Structure Type: Quadruplex
  • Subdivision Name: Hamilton
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: Yes
  • MBR_AttributionContact: hometown@kw.com
  • Special Features: None

Interior Features

  • Living Area: 1409
  • Owner Pays: Gas
  • Upper Level Sq Ft: 1409
  • SqFt Total: 2109

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • List Price: 75000

Garage/Parking

  • Unit Parking: 1 Car Space

Utilities

  • Utilities: Gas
  • Laundry Features: No Laundry Facil.
  • Security Features: Smoke Alarm
  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Sidewalks
  • Additional Parcels: No
  • Lot Size Sq Ft: 74
  • Parcel Number: 410814044063000009

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2428
  • Tax Lot: 37, 38
  • Semi Annual Property Tax Amt: 1214
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2013
Closed on
Mar 21, 2013
Sold by
Wenning Charles E and Leugers Sheila M
Bought by
Limp Danny D
Seller's Agent
Gregory Leugers
Keller Williams Indy Metro S
Buyer's Agent
Cal Findley
Keller Williams Indy Metro S
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%
Total Days on Market
0
Current Estimated Value
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,000
Avg. Annual Appreciation
14.84%
Original Mortgage
$52,000
Outstanding Balance
$25,245
Interest Rate
3.52%
Mortgage Type
Commercial
Estimated Equity
$324,755

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 Buyer Sale Price Title Company
Limp Danny D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Limp Danny D $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2013 03/21/13 Sold $65,000 -13.3% $46 / Sq Ft
03/01/2013 03/01/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $75,000 -- $53 / 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 $5,991 $270,800 $31,800 $239,000
2023 $6,026 $270,800 $31,800 $239,000
2022 $5,885 $263,900 $31,800 $232,100
2021 $5,122 $229,700 $31,800 $197,900
2020 $4,442 $199,200 $31,800 $167,400
2019 $4,050 $181,600 $25,200 $156,400
2018 $3,324 $173,700 $25,200 $148,500
2017 $3,164 $157,700 $25,200 $132,500
2016 $2,402 $162,800 $25,200 $137,600
2014 $2,418 $120,900 $16,300 $104,600
2013 $2,418 $121,000 $16,400 $104,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21218276

MIBOR Broker Listing Cooperative®

APN: 41-08-14-044-063.000-009