NOT LISTED FOR SALE

425 E Jefferson St Franklin, IN 46131

Estimated Value: $273,000 - $345,000

4 Beds
2 Baths
2,756 Sq Ft
$112/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $300,000 $109 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,983/month

4 Days on Market

Highlights

  • Mature Trees
  • Wood Flooring
  • Formal Dining Room
  • Traditional Architecture
  • No HOA
  • 4-minute walk to Province Park

About This Home

As of September 2023

Commercial mixed-use property available in Historic Downtown Franklin. First floor features kitchen, LR, parlor, dining, renovated full bath, bonus room, and laundry. Upstairs offers 4 bedrooms and a renovated full bathroom with stand up shower. Original heart pine floors on the main level with beautiful wood trim throughout the nearly 4000 sq ft home. Huge backyard with 8x16 deck and privacy fence. Plenty of off-street parking in rear of property. Numerous improvements over the last two years including, new windows, new carpet, new furnace and AC. Property is surrounded by Franklin shops, cobblestone roads, restaurants, and it connects directly to Franklin College property. Property has separate 200 amp service on main level and upstairs.

Last Agent to Sell the Property

Todd Garrison

CENTURY 21 Scheetz Brokerage Email: toddrealtygroup2013@gmail.com License #RB14039265 Listed on: 08/19/2023

CENTURY 21 Scheetz

Last Buyer's Agent

Don Harrington

RE/MAX Advanced Realty

RE/MAX Advanced Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,632

Year Built

  • Built in 1910

Lot Details

  • 7,187 Sq Ft Lot
  • Mature Trees

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Electric Cooktop
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Franklin Community Middle School
  • Franklin Community High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Morgan & Tilton Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 410814044077000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,632

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1910
  • Building Area Total: 3891
  • Garage Y N: No
  • Lot Size Acres: 0.165
  • Subdivision Name: Morgan & Tilton
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: toddrealtygroup2013@gmail.com
  • Attribution Contact: toddrealtygroup2013@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Electric Cooktop, Refrigerator, Gas Water Heater, Water Softener Rented
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 162
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • Living Area: 2756
  • Other Equipment: Not Applicable
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1297
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 1297
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Wood
  • Foundation Details: Block, Brick
  • List Price: 349900

Garage/Parking

  • Parking Features: None

Utilities

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

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Franklin Community Middle School

Lot Info

  • Lot Features: Sidewalks, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 7187
  • Parcel Number: 410814044077000009
  • Acres: <1/4 Acre
  • Price Acre: 1818182

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4632
  • Tax Lot: 14
  • Semi Annual Property Tax Amt: 2316
  • Tax Exemption: None

MLS Schools

  • High School: Franklin Community High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2023
Closed on
Sep 21, 2023
Sold by
Cornett Richard C
Bought by
Cornett Jeff Street Property Llc
Seller's Agent
Todd Garrison
CENTURY 21 Scheetz
Buyer's Agent
Don Harrington
RE/MAX Advanced Realty
List Price
$349,900
Sold Price
$300,000
Premium/Discount to List
-$49,900
-14.26%
Views
519
Current Estimated Value
$309,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,921
Avg. Annual Appreciation
1.60%

Purchase Details

Listed on
Aug 19, 2023
Closed on
Sep 8, 2023
Sold by
Engle Kenneth E
Bought by
Cornett Richard C
Seller's Agent
Todd Garrison
CENTURY 21 Scheetz
Buyer's Agent
Don Harrington
RE/MAX Advanced Realty
List Price
$349,900
Sold Price
$300,000
Premium/Discount to List
-$49,900
-14.26%
Views
519

Purchase Details

Listed on
Feb 14, 2020
Closed on
May 11, 2020
Sold by
Vaught Edna M
Bought by
Engle Kenneth E
Seller's Agent
Craig DeBoor
Real Broker, LLC
Buyer's Agent
Leslie Wood
L.R. Wood Realty LLC
List Price
$150,000
Sold Price
$131,500
Premium/Discount to List
-$18,500
-12.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.11%

Purchase Details

Closed on
Aug 9, 2018
Sold by
Day Ashley D
Bought by
Vaught Edna M

Purchase Details

Closed on
Sep 12, 2013
Sold by
Day Dustin
Bought by
Day Ashley D

Purchase Details

Closed on
Jan 7, 2011
Sold by
Franklin Heritage Inc
Bought by
Day Dustin and Day Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,110
Interest Rate
4.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 2005
Sold by
Harrison Martha L
Bought by
Franklin Heritage Inc
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
Cornett Jeff Street Property Llc -- None Listed On Document
Cornett Richard C -- Security Title
Engle Kenneth E -- Chicago Title
Vaught Edna M -- None Available
Day Ashley D -- None Available
Day Dustin -- None Available
Franklin Heritage Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Day Dustin $57,110
Previous Owner Franklin Heritage Inc $56,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $300,000 -14.3% $109 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
08/19/2023 08/19/23 For Sale $349,900 +166.1% $127 / Sq Ft
05/11/2020 05/11/20 Sold $131,500 -12.3% $51 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $150,000 -- $58 / 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
2025 $4,164 $310,800 $60,000 $250,800
2024 $4,164 $163,700 $60,000 $103,700
2023 $4,302 $163,700 $60,000 $103,700
2022 $4,468 $163,700 $60,000 $103,700
2021 $4,633 $163,700 $60,000 $103,700
2020 $4,378 $154,700 $51,000 $103,700
2019 $4,378 $154,700 $51,000 $103,700
2018 $3,309 $154,700 $51,000 $103,700
2017 $3,317 $154,700 $51,000 $103,700
2016 $1,316 $154,700 $51,000 $103,700
2014 $1,274 $127,300 $11,100 $116,200
2013 $1,274 $127,400 $11,200 $116,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21938995

MIBOR Broker Listing Cooperative®

APN: 41-08-14-044-077.000-009