NOT LISTED FOR SALE

440 E Madison St Franklin, IN 46131

Estimated Value: $283,000 - $373,000

5 Beds
2 Baths
1,712 Sq Ft
$185/Sq Ft Est. Value

Last Sold August 19, 2024

Last sale price $290,000 $169 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,845/month

Highlights

  • Mature Trees
  • Vaulted Ceiling
  • Wood Flooring
  • Deck
  • Traditional Architecture
  • No HOA

About This Home

As of August 2024

Downtown Franklin! 5 Bedroom, 2 bath historic home with detached 2 car garage. Hardwood floors. The best part of the house - the Large Kitchen with marble floors, updated cabinets and lighting, plenty of counter space. 4 Bedrooms upstairs and 1 bedroom downstairs. Dining room with built-ins. Nice private backyard with Deck and Privacy fence. Great location, walking distance to downtown shops, restaurants, pubs and trails. Home is sold AS-IS. Seller can not give possession until after August 11, 2024.

Last Agent to Sell the Property

Lucy Endris

Keller Williams Indy Metro S Brokerage Email: lucyendrisrealty@gmail.com License #RB14047821 Listed on: 07/09/2024

Keller Williams Indy Metro S

Last Buyer's Agent

Michele Killinger

Carpenter, REALTORS®

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,312

Year Built

  • Built in 1876

Lot Details

  • 5,214 Sq Ft Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Non-Functioning Fireplace
  • Wood Frame Window
  • Great Room with Fireplace
  • Wood Flooring
  • Attic Access Panel
  • Laundry on upper level

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Unfinished Basement

  • Sump Pump
  • Crawl Space

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Enclosed Glass Porch

Schools

  • Franklin Community Middle School
  • Custer Baker Intermediate School
  • Franklin Community High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Hamilton Addition Subdivision

Listing and Financial Details

  • Tax Lot 35,36
  • Assessor Parcel Number 410814044045000009
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,312

Year Built

Built in 1876

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1876
  • Building Area Total: 2240
  • Garage Y N: Yes
  • Lot Size Acres: 0.12
  • Subdivision Name: Hamilton Addition
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: lucyendrisrealty@gmail.com
  • Attribution Contact: lucyendrisrealty@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Great Room, Non Functional
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Raised Ceiling(s), Hardwood Floors, Storms Some, Windows Wood, Wood Work Painted
  • Living Area: 1712
  • Other Equipment: Smoke Alarm, Sump Pump
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 912
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 800
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Fencing: Fence Full Rear, Privacy
  • Foundation Details: Brick, Crawl Space
  • Patio And Porch Features: Deck Main Level, Glass Enclosed

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Utilities: Cable Available, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Upper Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Franklin Community Middle School
  • MBR_IntermediateSchool: Custer Baker Intermediate School

Lot Info

  • Lot Features: Sidewalks, Storm Sewer, Street Lights, Mature Trees
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 5214
  • Parcel Number: 410814044045000009
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2312
  • Tax Lot: 35,36
  • Semi Annual Property Tax Amt: 1156
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • High School: Franklin Community High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2024
Closed on
Aug 19, 2024
Sold by
Endris Zebendon Phil and Danko Brittany L
Bought by
Kraeszig Mitchell and Kraeszig Mate
Seller's Agent
Lucy Endris
Keller Williams Indy Metro S
Buyer's Agent
Michele Killinger
Carpenter, REALTORS®
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Views
4
Current Estimated Value
$317,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,283
Avg. Annual Appreciation
6.58%
Original Mortgage
$280,000
Outstanding Balance
$276,844
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$40,439

Purchase Details

Closed on
May 31, 2019
Sold by
Blair Nathaniel and Blair Kati
Bought by
Endris Zebendon Phil and Danko Brittany L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,600
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2016
Closed on
Jan 20, 2017
Sold by
Rbr Homes Llc
Bought by
Blair Nathaniel and Blair Kati
Seller's Agent
Austin Smythe
Smythe & Co, Inc
Buyer's Agent
Jen Weiberg
Brookshire Realty
List Price
$154,900
Sold Price
$152,500
Premium/Discount to List
-$2,400
-1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%
Original Mortgage
$149,737
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 12, 2010
Sold by
Stearns Steven K
Bought by
Rbr Homes Llc

Purchase Details

Closed on
Mar 23, 2006
Sold by
Secretary Of Hud
Bought by
Stearns Steven K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,920
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 8, 2005
Sold by
Citimortgage Inc
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jan 20, 2005
Sold by
Ellis Michelle and Ellis James
Bought by
Citimortgage Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Kraeszig Mitchell -- Denali Title
Endris Zebendon Phil -- None Available
Blair Nathaniel -- None Available
Rbr Homes Llc -- None Available
Stearns Steven K -- American Integrity Title Inc
Secretary Of Hud -- None Available
Citimortgage Inc $105,764 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kraeszig Mitchell $280,000
Previous Owner Endris Zebendon Phil $174,600
Previous Owner Blair Nathaniel $149,737
Previous Owner Stearns Steven K $38,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2024 08/19/24 Sold $290,000 -3.0% $169 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
07/09/2024 07/09/24 For Sale $299,000 +96.1% $175 / Sq Ft
01/20/2017 01/20/17 Sold $152,500 0.0% $72 / Sq Ft View Prior Sale
01/10/2017 01/10/17 Pending -- -- --
12/22/2016 12/22/16 Off Market $152,500 -- --
12/01/2016 12/01/16 For Sale $154,900 +1.6% $73 / Sq Ft
11/23/2016 11/23/16 Off Market $152,500 -- --
10/31/2016 10/31/16 For Sale $154,900 0.0% $73 / Sq Ft
07/01/2014 07/01/14 Rented $1,100 0.0% --
07/01/2014 07/01/14 Under Contract -- -- --
06/30/2014 06/30/14 For Rent $1,100 -- --
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 $2,229 $220,000 $20,100 $199,900
2024 $2,229 $202,400 $20,100 $182,300
2023 $2,236 $202,700 $20,100 $182,600
2022 $2,189 $196,900 $20,100 $176,800
2021 $1,924 $173,800 $20,100 $153,700
2020 $1,860 $168,300 $20,100 $148,200
2019 $1,713 $155,500 $15,900 $139,600
2018 $1,428 $148,800 $15,900 $132,900
2017 $1,358 $134,800 $15,900 $118,900
2016 $2,312 $125,200 $15,900 $109,300
2014 $2,412 $120,300 $8,400 $111,900
2013 $2,412 $120,600 $8,400 $112,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21989546

MIBOR Broker Listing Cooperative®

APN: 41-08-14-044-045.000-009