NOT LISTED FOR SALE

507 S Franklin Rd Indianapolis, IN 46239

Raymond Park Neighborhood

Estimated Value: $110,000 - $189,439

3 Beds
1 Bath
1,041 Sq Ft
$159/Sq Ft Est. Value

Last Sold January 09, 2012

Last sale price $28,000 $27 Per Sq Ft

Est. 490% increase in value since last sale

Current estimated payment $1,165/month

25 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Bungalow
  • No HOA
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of January 2012

Very cute bungalow in great location. Home features hardwoods thoughout, three beds, one bath, and over 1,000 square feet of space. Home also sits on large, .6-acre lot. HUD home sold as is.

Last Agent to Sell the Property

Jennifer Wilmoth

Wilmoth Group Brokerage Email: jen@wilmothgroup.com License #RB14030996 Listed on: 10/14/2011

Last Buyer's Agent

Scott Burdine

RE/MAX At The Crossing

RE/MAX At The Crossing

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $348

Year Built

  • Built in 1947

Lot Details

  • 0.6 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,041 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Attic Access Panel
  • Eat-In Kitchen
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 550
  • Assessor Parcel Number 490907108010000700

Home Details

Home Type

Single Family

Est. Annual Taxes

$348

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2011
  • Year Built: 1947
  • Building Area Total: 2054
  • Garage Y N: Yes
  • Lot Size Acres: 0.6
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: jen@wilmothgroup.com
  • Attribution Contact: jen@wilmothgroup.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: None, Electric Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Hardwood Floors, Eat-in Kitchen
  • Living Area: 1041
  • Main Level Bedrooms: 1
  • Other Equipment: Not Applicable
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1041
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Aluminum Siding
  • Foundation Details: Block
  • List Price: 30000

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: None
  • Heating: Forced Air, Electric
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 0.6
  • Parcel Number: 490907108010000700
  • Acres: 1/2-1 Acre

Tax Info

  • Tax Annual Amount: 348
  • Tax Lot: 550
  • Semi Annual Property Tax Amt: 174
  • Tax Exemption: Homestead Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2022
Sold by
First Mep Homes Llc
Bought by
3900 Master Llc
Current Estimated Value
$165,110

Purchase Details

Closed on
Apr 28, 2016
Sold by
Main Street Real Estate Holdings Llc
Bought by
First Mep Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2011
Closed on
Dec 12, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Hicks Kelly J
Seller's Agent
Jennifer Wilmoth
Wilmoth Group
Buyer's Agent
Scott Burdine
RE/MAX At The Crossing
List Price
$28,000
Sold Price
$28,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.25%
Original Mortgage
$31,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2011
Sold by
Midfirst Bank
Bought by
Secretary Of Housing & Urban Development
Source: Public Records

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
3900 Master Llc $892,000 Fidelity National Title
First Mep Homes Llc -- None Available
Main Street Real Estate Holdings Llc -- None Available
Hicks Kelly J -- None Available
Secretary Of Housing & Urban Development -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Main Street Real Estate Holdings Llc $135,000
Previous Owner Hicks Kelly J $31,000
Previous Owner Hagedon Bradford $5,556
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2012 01/09/12 Sold $28,000 0.0% $27 / Sq Ft
11/09/2011 11/09/11 Pending -- -- --
10/14/2011 10/14/11 For Sale $28,000 -- $27 / 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 $3,032 $121,600 $17,000 $104,600
2023 $3,032 $126,400 $17,000 $109,400
2022 $2,763 $120,000 $17,000 $103,000
2021 $2,349 $101,100 $17,000 $84,100
2020 $2,116 $95,800 $17,000 $78,800
2019 $2,011 $91,000 $17,000 $74,000
2018 $1,889 $80,500 $17,000 $63,500
2017 $1,727 $81,000 $17,000 $64,000
2016 $1,434 $74,400 $17,000 $57,400
2014 $450 $70,900 $17,000 $53,900
2013 $425 $62,800 $17,000 $45,800
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Wilmoth

    Seller's Agent in 2012

    Jennifer Wilmoth

    Wilmoth Group

    (239) 233-4586

    141 Total Sales

    Jennifer Wilmoth
    Section Image

  • S

    Buyer's Agent in 2012

    Scott Burdine

    RE/MAX

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21145983

MIBOR Broker Listing Cooperative®

APN: 49-09-07-108-010.000-700

Indiana Marion County Indianapolis 46219 Raymond Park

507 S Franklin Rd, Indianapolis, IN

This home is located at 507 S Franklin Rd, Indianapolis, IN 46239 since 14 October 2011 and is currently estimated at $165,110, approximately $158 per square foot. This property was built in 1947. 507 S Franklin Rd is a home located in Marion County with nearby schools including Hawthorne Elementary School, Raymond Park Intermediate School (5-6), and Raymond Park Middle 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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