NOT LISTED FOR SALE

48 E King St Franklin, IN 46131

Estimated Value: $337,056 - $461,000

3 Beds
2 Baths
3,152 Sq Ft
$128/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $290,000 $92 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,509/month

Highlights

  • Mature Trees
  • Covered patio or porch
  • 2 Car Detached Garage
  • Traditional Architecture
  • Formal Dining Room
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

Downtown Stunner! This 3 bed, 2 bath w/ den is a downtown Franklin dream! Enjoy your own private backyard oasis, in walking distance to everything Franklin has to offer. This home has so many new features you will want to see for yourself! Open concept living awaits you. Enjoy granite/butcher block countertops, a coffee bar with a wine cooler, center island, stand alone tub, tiled showers w/ all new bathrooms, floating shelves, master ensuite on the main level, and a two car garage. New in 2018-roof, water heater, plumbing, breaker panel, HVAC, & windows. The work has been done for you to just enjoy your home!

Last Listed By

Christy Norton

Norton Premier Real Estate Listed on: 07/24/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,238

Year Built

  • Built in 1880

Lot Details

  • 5,184 Sq Ft Lot
  • Back Yard Fenced
  • Mature Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1.5-Story Property
  • Formal Dining Room
  • Unfinished Basement
  • Partial Basement
  • Attic Access Panel
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 410814042087000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,238

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1880
  • Building Area Total: 3152
  • Garage Y N: Yes
  • Lot Size Acres: 0.119
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • MBR_AttributionContact: christy@RealEstateByNorton.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access
  • Other Equipment: Smoke Detector
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2752
  • Main Level Sq Ft: 1600
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Below Grade Sq Ft: 400
  • Upper Level Sq Ft: 1152
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear
  • Foundation Details: Block
  • List Price: 299999
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 410814042087000009
  • Acres: <1/4 Acre
  • Lot Information: Tree Mature
  • Lot Number: 7
  • Lot Size: .119

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1238
  • Semi Annual Property Tax Amt: 619
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,VeteranTaxExemption

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Aug 14, 2020
Sold by
Stout Christopher J
Bought by
Kubacki John and Kubacki Joann
Seller's Agent
Christy Norton
Norton Premier Real Estate
Buyer's Agent
Christy Norton
Norton Premier Real Estate
List Price
$299,999
Sold Price
$290,000
Premium/Discount to List
-$9,999
-3.33%
Total Days on Market
0
Current Estimated Value
$402,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,264
Avg. Annual Appreciation
7.10%
Original Mortgage
$254,375
Outstanding Balance
$227,782
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$174,482

Purchase Details

Closed on
May 13, 2019
Sold by
Stout Investments Llc
Bought by
Stout Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2018
Closed on
Jul 18, 2018
Sold by
Stout Marissa and Stout Christopher
Bought by
Stout Investments Llc
Seller's Agent
Kurt Clements
Diverse Property Solutions Ind
Buyer's Agent
Gregory Leugers
Keller Williams Indy Metro S
List Price
$60,000
Sold Price
$80,000
Premium/Discount to List
$20,000
33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.33%
Original Mortgage
$146,709
Interest Rate
4.5%
Mortgage Type
Balloon

Purchase Details

Listed on
Apr 27, 2018
Closed on
May 30, 2018
Sold by
Deutsche Bank National Trust Co
Bought by
Stout Marissa and Stout Christopher
Seller's Agent
Kurt Clements
Diverse Property Solutions Ind
Buyer's Agent
Gregory Leugers
Keller Williams Indy Metro S
List Price
$60,000
Sold Price
$80,000
Premium/Discount to List
$20,000
33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,709
Interest Rate
4.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 15, 2018
Sold by
Johnson County Sheriff
Bought by
Deutsche Bank Na Trust Co

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
Kubacki John -- Security Title
Stout Christopher J -- None Available
Stout Investments Llc -- None Available
Stout Marissa -- None Available
Deutsche Bank Na Trust Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kubacki John $254,375
Closed Kubacki John $254,375
Previous Owner Stout Christopher J $192,000
Previous Owner Stout Investments Llc $146,709
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $290,000 -3.3% $92 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $299,999 +275.0% $95 / Sq Ft
06/25/2018 06/25/18 Sold $80,000 +33.3% $26 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $60,000 -- $20 / 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 $3,218 $289,700 $14,000 $275,700
2023 $3,094 $278,300 $14,000 $264,300
2022 $2,871 $255,600 $12,700 $242,900
2021 $2,704 $241,100 $12,300 $228,800
2020 $1,614 $156,700 $12,300 $144,400
2019 $1,238 $145,400 $10,600 $134,800
2018 $891 $125,400 $10,600 $114,800
2017 $2,494 $124,700 $10,600 $114,100
2016 $2,398 $109,900 $10,600 $99,300
2014 $2,422 $121,100 $10,700 $110,400
2013 $2,422 $111,000 $10,700 $100,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21727614

MIBOR Broker Listing Cooperative®

APN: 41-08-14-042-087.000-009