M
Seller's Agent in 2024
Macie Harz
Real Broker, LLC
1 in this area
6 Total Sales
452 W Adams St Franklin, IN 46131
Estimated Value: $247,000 - $292,000
3
Beds
3
Baths
1,640
Sq Ft
$163/Sq Ft
Est. Value
About This Home
As of August 2024Discover a versatile property in Franklin offering three distinct units, each tailored for living and exceptional investment potential. This property is perfect for investors seeking to maximize rental income or homeowners interested in strategic house hacking. Enjoy privacy and convenience in the vacant lower-level 2 bedroom apartment, complete with its own laundry room and separate utilities. Ideal for tenants seeking comfortable, independent living. Ascend to the upper-level apartment, featuring a layout that includes a formal dining room. This unit provides a galley kitchen, living areas, and convenient laundry facilities, making it an attractive option for tenants. A unique addition, the detached garage has been transformed into an apartment with dedicated laundry amenities, and a versatile layout. With two units already leased and separate meters for electric and gas, this property offers immediate cash flow and the flexibility for house hacking. Conveniently located within walking distance to downtown Franklin, there is easy access to local shops, dining options, and entertainment venues. Quick access to U.S. 31 and direct routes to I-65 ensures effortless commuting and travel, enhancing the property's appeal to both tenants and future buyers. This property not only offers a prime location but also multiple revenue streams and the adaptability to suit various investment strategies. Seize this exceptional opportunity to own a multifaceted property in Franklin's thriving market. Whether you're expanding your investment portfolio or exploring strategic owner-occupied options, this property promises both immediate returns and long-term value.
Last Agent to Sell the Property
Real Broker, LLC Brokerage Email: macie@jpgrealtyservices.com License #RB24001019 Listed on: 06/19/2024
Co-Listed By
Real Broker, LLC Brokerage Email: macie@jpgrealtyservices.com License #RB22000730
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,330
Year Built
- Built in 1950
Lot Details
- 8,168
Home Design
- Triplex
Schools
- Northwood Elementary School
- Franklin Community Middle School
- Custer Baker Intermediate School
- Franklin Community High School
Additional Features
- 2-Story Property
- 8,168 Sq Ft Lot
Community Details
- Hamilton Subdivision
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for insurance, lawncare, sewer, trash collection, water
- Tax Lot 12,13
- Assessor Parcel Number 410814032030000009
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2024
Closed on
Aug 8, 2024
Sold by
Yaden Properties Llc and Yaden Properties Llp
Bought by
Collier Jeffrey M and Collier Cynthia
Seller's Agent
Macie Harz
Real Broker, LLC
Buyer's Agent
Katherine VanDeman
Smythe & Co, Inc
List Price
$280,000
Sold Price
$270,000
Premium/Discount to List
-$10,000
-3.57%
Total Days on Market
19
Views
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,493
Avg. Annual Appreciation
-3.44%
Original Mortgage
$189,000
Outstanding Balance
$186,020
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$75,699
Purchase Details
Closed on
Dec 7, 2022
Sold by
Mathews Sherry Ann
Bought by
Yaden Properties Llp
Purchase Details
Closed on
Sep 8, 2015
Sold by
Yaden Glenn H and Yaden Essie D
Bought by
Mathews Sherry Ann
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
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Collier Jeffrey M | $270,000 | Chicago Title | |
| Yaden Properties Llp | -- | -- | |
| Mathews Sherry Ann | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Collier Jeffrey M | $189,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2024 08/08/24 | Sold | $270,000 | -1.8% | $165 / Sq Ft |
| 07/10/2024 07/10/24 | Pending | -- | -- | -- |
| 07/07/2024 07/07/24 | Price Changed | $275,000 | -1.8% | $168 / Sq Ft |
| 06/20/2024 06/20/24 | For Sale | $280,000 | -- | $171 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $4,699 | $212,400 | $26,900 | $185,500 |
| 2023 | $4,330 | $194,600 | $26,900 | $167,700 |
| 2022 | $3,967 | $177,900 | $26,900 | $151,000 |
| 2021 | $3,341 | $149,800 | $25,200 | $124,600 |
| 2020 | $3,675 | $164,800 | $25,200 | $139,600 |
| 2019 | $3,381 | $151,600 | $16,100 | $135,500 |
| 2018 | $2,750 | $137,500 | $16,100 | $121,400 |
| 2017 | $2,590 | $129,500 | $16,100 | $113,400 |
| 2016 | $1,854 | $122,600 | $16,100 | $106,500 |
| 2014 | $1,666 | $86,200 | $14,300 | $71,900 |
| 2013 | $1,666 | $83,300 | $14,200 | $69,100 |
Source: Public Records
Agents Affiliated with this Home
-
Macie Harz
-
Reggie Jackson
R
Seller Co-Listing Agent in 2024
Reggie Jackson
Real Broker, LLC
(317) 656-1581
4 in this area
11 Total Sales
-
Katherine VanDeman
Buyer's Agent in 2024
Katherine VanDeman
Smythe & Co, Inc
(317) 696-4154
8 in this area
23 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21986146
APN: 41-08-14-032-030.000-009
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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.
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