$379,000 - $568,000
RENTED JUL 2, 2024

397 N Main St Franklin, IN 46131

2 Beds
1 Bath
4,737 Sq Ft
$100 Price per Sq Ft

Last Sold March 19, 2021

Last sale price $450,000 $95 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,255/month

About This Home

As of March 2021

Seize the opportunity to rent 397 N Main St Apt 2 now! This charming 2-bedroom, 1-bath apartment in the heart of Franklin, IN, offers a cozy and convenient living space. With 850 sq ft of thoughtfully designed interior, you'll find the perfect blend of comfort and functionality. The welcoming layout provides ample room for relaxation and entertaining, making it ideal for your lifestyle. Located in a vibrant neighborhood, you'll have easy access to local dining, shopping, and entertainment options. Imagine waking up in a space that feels just right, with everything you need at your fingertips. The bright and airy bedrooms are perfect for creating your personal sanctuary. Don't miss out on this fantastic rental opportunity at 397 N Main St Apt 2 - it's the perfect place to come home! All of our residents are enrolled in the Resident Benefits Package (RBP) for $36.95/month which includes credit building to help boost the resident's credit score with timely rent payments, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 18, 2021
Sold by
Munger Timothy Andrew
Bought by
L & I Tannery Way Llc
Seller's Agent
Timothy Munger
Keller Williams Indy Metro S
Buyer's Agent
Timothy Munger
Keller Williams Indy Metro S
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$475,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,102
Avg. Annual Appreciation
1.31%

Purchase Details

Listed on
May 31, 2017
Closed on
Dec 19, 2017
Sold by
Emry John W and Emry Bette L
Bought by
Munger Timothy Andrew
Seller's Agent
Scott Veerkamp
My Agent
Buyer's Agent
Richard Greenfield
Keller Williams Indy Metro S
List Price
$175,000
Sold Price
$155,500
Premium/Discount to List
-$19,500
-11.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.69%

Purchase Details

Listed on
May 31, 2017
Closed on
Oct 25, 2017
Sold by
Emry John W and Emry Bette L
Bought by
Munger Timothy Andrew
Seller's Agent
Scott Veerkamp
My Agent
Buyer's Agent
Richard Greenfield
Keller Williams Indy Metro S
List Price
$175,000
Sold Price
$155,500
Premium/Discount to List
-$19,500
-11.14%

Purchase Details

Closed on
Apr 27, 2017
Sold by
Cherry Leaf Properties Llc
Bought by
Emry John W and Emry Bette L

Purchase Details

Closed on
Apr 27, 2007
Sold by
Cherry Leat Properties Llc
Bought by
Emry John W and Emry Bette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.2%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
L & I Tannery Way Llc -- None Available
Munger Timothy Andrew -- --
Munger Timothy Andrew -- --
Emry John W -- None Available
Emry John W -- Chicago Title Franklin
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Emery John W $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Rented $1,150 0.0% --
05/28/2024 05/28/24 For Rent $1,150 +27.9% --
04/26/2024 04/26/24 Rented $899 0.0% --
04/16/2024 04/16/24 For Rent $899 0.0% --
03/19/2021 03/19/21 Sold $450,000 0.0% --
02/18/2021 02/18/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $450,000 +189.4% --
10/25/2017 10/25/17 Sold $155,500 -11.1% --
05/31/2017 05/31/17 For Sale $175,000 -- --

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 $7,309 $330,400 $68,000 $262,400
2023 $4,541 $190,400 $26,000 $164,400
2022 $4,123 $184,900 $26,000 $158,900
2021 $3,789 $170,200 $26,000 $144,200
2020 $3,789 $170,200 $26,000 $144,200
2019 $3,159 $168,200 $24,000 $144,200
2018 $2,435 $152,800 $24,000 $128,800
2017 $2,284 $145,600 $24,000 $121,600
2016 $2,912 $145,600 $24,000 $121,600
2014 $2,896 $144,800 $24,000 $120,800
2013 $2,896 $144,800 $24,000 $120,800
Source: Public Records

Agents Affiliated with this Home

  • Mark Jones

    Seller's Agent in 2024

    Mark Jones

    PMI Midwest

    (463) 207-9326

    1 in this area

    138 Total Sales

    Mark Jones
    Section Image

  • T

    Seller's Agent in 2021

    Timothy Munger

    Keller Williams Indy Metro S

  • Scott Veerkamp

    Seller's Agent in 2017

    Scott Veerkamp

    My Agent

    (317) 446-9398

    2 in this area

    167 Total Sales

    Scott Veerkamp
    Section Image
  • Richard Greenfield

    Seller Co-Listing Agent in 2017

    Richard Greenfield

    Keller Williams Indy Metro S

    (317) 730-0395

    1 in this area

    92 Total Sales

    Richard Greenfield
    Section Image
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Map

Indiana Johnson County Franklin 46131

397 N Main St, Franklin, IN

Homes for Sale in Franklin, IN

This home is located at 397 N Main St, Franklin, IN 46131 and is currently estimated at $475,102, approximately $100 per square foot. 397 N Main 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.

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