NOT LISTED FOR SALE

498 W Adams St Franklin, IN 46131

Estimated Value: $150,000 - $178,000

2 Beds
1 Bath
840 Sq Ft
$190/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $54,900 $65 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $907/month

2 Days on Market

Highlights

  • Thermal Windows
  • 1-Story Property
  • Baseboard Heating
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of April 2018

Solid 2 bedroom home on large corner lot with a fenced yard. Bonus room was originally an attached garage and could easily be converted back. Home has replacement windows and is very affordable. Great home for 1st time buyers, move down buyers, or investors. Needs some minor cosmetic updates but is priced accordingly. Seller is offering the property AS IS and will make no repairs and will not consider FHA / VA financing.

Last Agent to Sell the Property

Mark Nally

Carpenter, REALTORS® License #RB14019699 Listed on: 03/10/2018

Carpenter, REALTORS®

Last Buyer's Agent

Mitzi Christian

Modern Realty Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,082

Year Built

  • Built in 1940

Lot Details

  • 6,164 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Bungalow
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Crawl Space
  • Fire and Smoke Detector
  • Gas Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Mary A Gilmore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 410814032028000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,082

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1940
  • Garage Y N: No
  • Lot Size Acres: 0.1415
  • Subdivision Name: MARY A GILMORE
  • Inspection Warranties: Not Applicable
  • Property Description: Solid 2 bedroom home on large corner lot with a fenced yard. Bonus room was originally an attached garage and could easily be converted back. Home has replacement windows and is very affordable. Great home for 1st time buyers, move down buyers, or investors. Needs some minor cosmetic updates but is priced accordingly. Seller is offering the property AS IS and will make no repairs and will not consider FHA / VA financing.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Windows Thermal
  • Living Area: 840
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 840
  • Main Level Sq Ft: 840
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 840
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear
  • Foundation Details: Crawl Space
  • List Price: 55900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Wall Unit(s)
  • Heating: Baseboard, Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 410814032028000009
  • Acres: <1/4 Acre
  • Lot Information: Corner,Sidewalks
  • Lot Number: 13 & 14
  • Lot Size: 6,164

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1082
  • Semi Annual Property Tax Amt: 541
  • Tax Exemption: None

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2018
Closed on
Apr 20, 2018
Sold by
Hinds Donald E and Hinds Joy E
Bought by
Gray Tess
Seller's Agent
Mark Nally
Carpenter, REALTORS®
Buyer's Agent
Mitzi Christian
Modern Realty Group Inc
List Price
$55,900
Sold Price
$54,900
Premium/Discount to List
-$1,000
-1.79%
Current Estimated Value
$159,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,862
Avg. Annual Appreciation
15.21%
Original Mortgage
$52,100
Outstanding Balance
$44,911
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$112,324
Source: Public Records

Range of Values:

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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
Gray Tess -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Tess $52,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $54,900 -1.8% $65 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
03/10/2018 03/10/18 For Sale $55,900 -- $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 $752 $86,100 $21,700 $64,400
2024 $752 $91,500 $22,300 $69,200
2023 $647 $84,900 $22,300 $62,600
2022 $584 $78,700 $22,300 $56,400
2021 $496 $67,700 $20,900 $46,800
2020 $506 $67,700 $20,900 $46,800
2019 $429 $61,200 $13,400 $47,800
2018 $775 $56,200 $13,400 $42,800
2017 $1,074 $53,700 $13,400 $40,300
2016 $1,082 $51,200 $13,400 $37,800
2014 $1,028 $51,400 $23,300 $28,100
2013 $1,028 $50,600 $23,400 $27,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mark Nally

    Carpenter, REALTORS®

    (317) 440-5085

    5 in this area

    68 Total Sales

    Mark Nally
    Section Image

  • M

    Buyer's Agent in 2018

    Mitzi Christian

    Modern Realty Group Inc

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21550634

MIBOR Broker Listing Cooperative®

APN: 41-08-14-032-028.000-009

Indiana Johnson County Franklin 46131

498 W Adams St, Franklin, IN

This home is located at 498 W Adams St, Franklin, IN 46131 since 10 March 2018 and is currently estimated at $159,762, approximately $190 per square foot. This property was built in 1940. 498 W Adams St is a home located in Johnson County with nearby schools including Northwood Elementary School, Franklin Community Middle School, and Custer Baker Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® 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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