NOT LISTED FOR SALE

440 W Jefferson St Franklin, IN 46131

Estimated Value: $201,000 - $294,000

3 Beds
3 Baths
2,088 Sq Ft
$116/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $131,000 $63 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,590/month

About This Home

As of January 2021

Investment property with long term tenants! Downtown location, walkable. Three apartments: 1 bed/1ba each; all have full kitchen refrigerator & stove & living room. Large house with some original character, 2000sf overall with sufficient off-street parking. Updates: newer windows, new sewer line, updated wiring, roof 2006, furnace 2015. Full dry basement. Attached P&L statement.

Last Listed By

Jobea Trefny

Carpenter, REALTORS® License #RB14041101 Listed on: 12/15/2020

Carpenter, REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,922

Year Built

  • Built in 1880

Lot Details

  • 10,367

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Cement Siding

Additional Features

  • 2-Story Property
  • 10,367 Sq Ft Lot
  • Basement

Community Details

  • King's Addition Subdivision

Listing and Financial Details

  • Tenant pays for electricity, insurance
  • The owner pays for gas, sewer, trash collection, water
  • Assessor Parcel Number 410814033048000009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,922

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1880
  • Lot Size Acres: 0.238
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Triplex
  • Subdivision Name: KING'S ADDITION
  • Inspection Warranties: Not Applicable
  • Property Description: Investment property with long term tenants! Downtown location, walkable. Three apartments: 1 bed/1ba each; all have full kitchen refrigerator & stove & living room. Large house with some original character, 2000sf overall with sufficient off-street parking. Updates: newer windows, new sewer line, updated wiring, roof 2006, furnace 2015. Full dry basement. Attached P&L statement.
  • Transaction Type: Sale
  • Unit Count: 3
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Gas, Sewer, Trash Collection, Water
  • Possible Use: Apt<20
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 10367
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt
  • Foundation Details: Brick
  • List Price: 145000
  • Road Access: AccessRd

Garage/Parking

  • Unit Parking: Parking Lot
  • Auto Surface: GRAVEL

Utilities

  • Solid Waste: 1
  • HVAC: 2015

Fee Information

  • Expenses: 5800

Lot Info

  • Property Attached Yn: No
  • Current Use: Apt<20
  • Parcel Number: 410814033048000009
  • Zoning: RES
  • Acres: <1/4 Acre
  • Lot Information: Access Alley
  • Lot Number: 17
  • Lot Size: 10,367

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Insurance

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2922
  • Semi Annual Property Tax Amt: 1461
  • Tax Exemption: None

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
Jan 27, 2021
Sold by
Roach Walter Ricky
Bought by
Walker Grant
Seller's Agent
Jobea Trefny
Carpenter, REALTORS®
Buyer's Agent
Kevin Good
Fathom Realty
List Price
$145,000
Sold Price
$131,000
Premium/Discount to List
-$14,000
-9.66%
Total Days on Market
0
Current Estimated Value
$241,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,972
Avg. Annual Appreciation
15.30%
Original Mortgage
$98,250
Outstanding Balance
$88,731
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$153,241

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
Walker Grant -- Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Grant $98,250
Closed Walker Grant $98,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $131,000 -9.7% $63 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
12/15/2020 12/15/20 For Sale $145,000 -- $69 / 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
2024 $2,898 $131,000 $31,100 $99,900
2023 $2,915 $131,000 $31,100 $99,900
2022 $2,921 $131,000 $31,100 $99,900
2021 $2,921 $131,000 $29,100 $101,900
2020 $2,921 $131,000 $29,100 $101,900
2019 $2,921 $131,000 $18,600 $112,400
2018 $2,202 $104,600 $18,600 $86,000
2017 $2,312 $115,600 $18,600 $97,000
2016 $1,790 $127,100 $18,600 $108,500
2014 $1,808 $90,400 $25,700 $64,700
2013 $1,808 $89,900 $25,600 $64,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21757369

MIBOR Broker Listing Cooperative®

APN: 41-08-14-033-048.000-009