NOT LISTED FOR SALE

397 N Main St Franklin, IN 46131

Estimated Value: $321,000 - $528,166

2 Beds
1 Bath
4,737 Sq Ft
6,970 Sq Ft Lot

Last Sold March 19, 2021

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

Est. 1% increase in value since last sale

Current estimated payment $3,011/month

Highlights

  • Traditional Architecture
  • Wood Frame Window
  • Combination Dining and Living Room
  • 1 Fireplace
  • Forced Air Heating System
  • Paddle Fans

About This Home

As of July 2024

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.

Last Agent to Rent the Property

Mark Jones

PMI Midwest Brokerage Email: jsibol@midwestpmi.com License #RB14036355 Listed on: 05/28/2024

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1920

Lot Details

  • 6,970

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 4,737 Sq Ft Home
  • 2-Story Property
  • Paddle Fans
  • 1 Fireplace
  • Wood Frame Window
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Basement

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Property Available on 5/28/24
  • Tenant pays for all utilities
  • The owner pays for no utilities
  • 12-Month Minimum Lease Term
  • $65 Application Fee
  • Tax Lot 410814042068001009
  • Assessor Parcel Number 410814042068001009

Community Details

Overview

  • Franklin Subdivision

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Available Date: 2024-05-28
  • Lease Amount: 1150
  • Lease Term: 12 Months
  • Tenant Pays: All Utilities
  • Min Lease Req: 12
  • Security Deposit: 0
  • Application Fee: 65

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1920
  • Building Area Total: 6076
  • Garage Y N: No
  • Lot Size Acres: 0.16
  • Subdivision Name: Franklin
  • Transaction Type: Lease
  • Accessibility Features YN: No
  • Floor Number: 1
  • Lifestyles: Flat
  • Unit Entry Level: 1
  • F H A Certified: No
  • MBR_AttributionContact: jsibol@midwestpmi.com
  • Attribution Contact: jsibol@midwestpmi.com
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: Yes
  • Appliances: Refrigerator, Electric Oven, Microwave, Dishwasher
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Other
  • Fireplaces: 1
  • Interior Amenities: Paddle Fan, Windows Wood
  • Living Area: 4737
  • Main Level Bedrooms: 2
  • Owner Pays: No Utilities
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 4737
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding, Wood
  • Foundation Details: Block
  • List Price: 1150

Garage/Parking

  • Garage Sq Ft: 0

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Pets Allowed: No
  • Condo Description Location: Ground Level
  • Condo Type: Horizontal

Lot Info

  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 6747
  • Parcel Number: 410814042068001009
  • Acres: <1/4 Acre
  • Price Acre: 7188

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4236
  • Tax Lot: 410814042068001009
  • Semi Annual Property Tax Amt: 2118

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
$454,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,792
Avg. Annual Appreciation
1.45%

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
Source: Public Records

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
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 -- --
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
2025 $7,309 $362,500 $68,000 $294,500
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

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21981786

MIBOR Broker Listing Cooperative®

APN: 41-08-14-042-068.001-009