NOT LISTED FOR SALE

49 N Home Ave Franklin, IN 46131

Estimated Value: $234,000 - $392,000

5 Beds
4 Baths
2,290 Sq Ft
$139/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $153,000 $67 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,161/month

About This Home

As of October 2021

Looking for an investment property that will make you money? Built in 1860 this solid constructed, 2290sf boarding house has 2-1 Bedroom, 1 Bath apartments on main floor; 5 sleeping rooms & 2 shared baths on 2nd floor; coin operated laundry in deep dry basement. Improvements: 2016 Furnace, Hot water heater, & siding; Laundry 2015; some windows 2013. See attached sheet for detailed information.

Last Agent to Sell the Property

Jobea Trefny

Carpenter, REALTORS® License #RB14041101 Listed on: 09/15/2021

Carpenter, REALTORS®

Last Buyer's Agent

Kevin Good

Fathom Realty

Fathom Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,246

Year Built

  • 1860

Lot Details

  • 3,049

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,246

Year Built

1860

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Commercial Units - 5+
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Architectural Style: Arts&Crafts/Craftsman
  • Directions: From downtown Franklin, go east on Jefferson to Home Street, north on home to home on east side of street. Street parking only
  • New Construction: No
  • Property Attached Yn: No
  • Road Surface Type: Asphalt
  • Structure Type: Quadruplex
  • Subdivision Name: HICKS & BEARD
  • Special Features: None
  • Year Built: 1860

Interior Features

  • Sq Ft Main Upper: 0
  • Gross Area Sq Ft: 2290
  • Laundry: Common
  • Basement YN: Yes
  • Owner Pays: Cable TV, Gas, Insurance, Taxes, Sewer, Trash Collection, Water
  • Possible Use: CommMulTen

Exterior Features

  • Exterior Features: Storage
  • Foundation Details: Block, Brick
  • Road Access: CityStreet
  • Interstate: Ramp1-3mi
  • Construction Type: Vinyl Siding, Wood
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: On Street
  • Auto Parking: 1
  • Auto Surface: ASPHALT

Utilities

  • Solid Waste: 1
  • HVAC: 5 Years

Fee Information

  • Insurance Expenses S F: 3.2500

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Sidewalks,Tree Mature
  • Lot Number: 3
  • Lot Size: 3,193
  • Current Use: Multi-Family
  • Zoning: MXD

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Insurance

Tax Info

  • Semi Annual Property Tax Amt: 1623
  • Tax Exemption: None
  • Tax Annual Amount: 3246
  • Tax Year: 2020

Multi Family

  • Property Net Operating Income: 37250
  • Number Of Units Total: 7

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2022
Sold by
Walker Grant
Bought by
Blu Dot Property Group Llc
Current Estimated Value
$319,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Outstanding Balance
$464,290
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
-$145,220

Purchase Details

Listed on
Sep 15, 2021
Closed on
Oct 20, 2021
Sold by
Roach Walter R and Roach Helene N
Bought by
Walker Grant
Seller's Agent
Jobea Trefny
Carpenter, REALTORS®
Buyer's Agent
Kevin Good
Fathom Realty
List Price
$153,000
Sold Price
$153,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.48%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blu Dot Property Group Llc -- Security Title
Walker Grant -- New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blu Dot Property Group Llc $496,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2021 10/20/21 Sold $153,000 0.0% $67 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $153,000 -- $67 / 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 $5,849 $348,300 $9,500 $338,800
2024 $5,849 $264,400 $9,700 $254,700
2023 $5,581 $250,800 $9,700 $241,100
2022 $3,546 $159,000 $8,800 $150,200
2021 $3,247 $145,600 $8,400 $137,200
2020 $3,247 $145,600 $8,400 $137,200
2019 $3,013 $135,100 $7,300 $127,800
2018 $2,320 $116,100 $7,300 $108,800
2017 $2,308 $114,900 $7,300 $107,600
2016 $2,374 $106,000 $7,300 $98,700
2014 $2,160 $117,800 $10,100 $107,700
2013 $2,160 $108,000 $10,100 $97,900
Source: Public Records

Agents Affiliated with this Home

  • Jobea Trefny

    Seller's Agent in 2021

    Jobea Trefny

    Carpenter, REALTORS®

    (317) 691-1367

    66 in this area

    187 Total Sales

    Jobea Trefny
    Section Image

  • K

    Buyer's Agent in 2021

    Kevin Good

    Fathom Realty

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21813411

MIBOR Broker Listing Cooperative®

APN: 41-08-14-043-068.000-009

Indiana Johnson County Franklin 46131

49 N Home Ave, Franklin, IN

Not Listed for Sale

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