Seller's Agent in 2021
Austin Smythe
Smythe & Co, Inc
(317) 412-3612
68 in this area
133 Total Sales
401 N Main St Franklin, IN 46131
2
Beds
1
Bath
700
Sq Ft
0.4
Acres
About This Home
As of January 2021What an Opportunity to own this updated 18 unit Apartment Building in Sought After Downtown Franklin! Located on Coveted Main St. Only 1/4 Mile From the Courthouse the Owners have created a truly unique experience for Tenants to enjoy all of the Activities downtown Franklin has to offer. Total Renovation of Main Street Commons completed in 2018 Inside & Out. Offered at Roughly 6.4% Cap Rate based on Trailing 12 Financials. Come see today these opportunities don't happen often.
Last Agent to Sell the Property
Smythe & Co, Inc License #RB14048751 Listed on: 09/30/2020
Last Buyer's Agent
Bruce Richardson
Bruce Richardson Realty, LLC
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,794
Year Built
- Built in 1972
Lot Details
- 0.4
Parking
- Driveway
Home Design
- Traditional Architecture
- Block Foundation
Additional Features
- 3-Story Property
- 0.4 Acre Lot
- Basement
Listing and Financial Details
- Tenant pays for electricity gas insurance
- The owner pays for insurance lawncare taxes sewer trash collection water other
- Assessor Parcel Number 410814042067000009
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
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/14/2021 01/14/21 | Sold | $1,650,000 | 0.0% | $2,357 / Sq Ft |
| 10/20/2020 10/20/20 | Pending | -- | -- | -- |
| 10/15/2020 10/15/20 | For Sale | $1,650,000 | 0.0% | $2,357 / Sq Ft |
| 10/02/2020 10/02/20 | Pending | -- | -- | -- |
| 09/30/2020 09/30/20 | For Sale | $1,650,000 | -- | $2,357 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
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 | $19,922 | $1,056,500 | $122,400 | $934,100 |
| 2024 | $19,922 | $900,500 | $122,400 | $778,100 |
| 2023 | $20,554 | $923,700 | $120,500 | $803,200 |
| 2022 | $19,999 | $392,900 | $117,000 | $275,900 |
| 2021 | $7,740 | $347,100 | $117,000 | $230,100 |
| 2020 | $7,995 | $358,500 | $117,000 | $241,500 |
| 2019 | $7,794 | $349,500 | $108,000 | $241,500 |
| 2018 | $8,206 | $347,400 | $108,000 | $239,400 |
| 2017 | $9,464 | $473,200 | $108,000 | $365,200 |
| 2016 | $9,468 | $473,400 | $108,000 | $365,400 |
| 2014 | $10,150 | $507,500 | $108,000 | $399,500 |
| 2013 | $10,150 | $507,500 | $108,000 | $399,500 |
Source: Public Records
Agents Affiliated with this Home
-
Austin Smythe
-
B
Buyer's Agent in 2021
Bruce Richardson
Bruce Richardson Realty, LLC
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: MBR21739470
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.
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
- 298 N Water St
- 147 E King St
- 0 W 900 Hwy Unit 202537998
- 198 W King St
- 348 Ohio St
- 601 Duane St
- 698 Yandes St
- 227 E Jefferson St
- 450 E Madison St
- 178 S Water St Unit F
- 750 Hurricane St
- 484 E Jefferson St
- 76 E Wayne St Unit B
- 153 N Vaught St
- 252 S Main St
- 222 Lynhurst St
- 1110 Hillview Dr
- 1102 E Jefferson St
- 1005 Canary Creek Ct
- 497 Fleetwood Ln
- 401 N Main St Unit B3
- 441 N Main St
- 399 N Main St
- 399 N Main St Unit 4
- 11 Martin Place
- 27 Martin Place
- 397 N Main St
- 397 N Main St Unit 2
- 397 N Main St Unit 3
- 400 N Main St
- 497 N Main St
- 53 Martin Place
- 448 N Main St
- 396 N Main St
- 65 Martin Place
- 382 N Water St
- 450 N Main St
- 398 N Water St
- 352 N Water St