NOT LISTED FOR SALE

509 E Franklin St Unit 509-511 Crawfordsville, IN 47933

Estimated Value: $114,000 - $193,025

8 Beds
4 Baths
3,328 Sq Ft
$47/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $111,000 $33 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,204/month

18 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Carpet
  • 1-Story Property
  • Level Lot

About This Home

As of December 2019

Four two bedroom apartments Two vinyl sided duplexes near Crawfordsville Middle School. Each unit offers two bedrooms, one full bath, and eat in kitchen and living room. There are laundry hookups in each unit. Central air and gas furnaces. Separate electric and gas meters. Tenants can pay all utilities. Ample tenant parking. One duplex has a newer metal roof.

Last Agent to Sell the Property

Leslie Cooper-Pyle

Keller Williams-Morrison Listed on: 11/15/2019

Keller Williams-Morrison

Last Buyer's Agent

LAF NonMember

NonMember LAF

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1996

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 100x160
  • Level Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 3,328 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Washer Hookup

Parking

  • 6 Parking Spaces
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Meredith Nicholson Elementary School
  • Crawfordsville Middle School
  • Crawfordsville High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, electric, fuel, heating, sewer, trash collection, water, deposit value
  • The owner pays for building insurance, lawn maintenance
  • Assessor Parcel Number 54-10-05-113-016.000-030

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1996
  • Age: 23
  • Style: Attached
  • Architectural Style: Ranch
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: LOTS 46 & 47 GRAHAM HOUSTON & CONNARD
  • Parcel Number ID: 54-10-05-113-016.000-030
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Ready, Detector-Smoke, Water Heater Gas, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 103.4
  • Year Taxes Payable: 2018
  • Special Features: 20

Interior Features

  • Total Sq Ft: 3328
  • Total Finished Sq Ft: 3328
  • Above Grade Finished Sq Ft: 3328
  • Price Per Sq Ft: 33.35
  • Basement Foundation: Slab
  • Flooring: Carpet
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking: Gravel, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Of W D Hookups: 4
  • Number Water Meters: 4

Schools

  • School District: Crawfordsville Community Schools
  • Elementary School: Meredith Nicholson
  • Middle School: Crawfordsville
  • High School: Crawfordsville
  • Elementary School: Meredith Nicholson

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 100x160
  • Estimated Lot Sq Ft: 15987
  • Estimated Lot Size Acres: 0.367
  • Lot Number: 46

Rental Info

  • Owner Pays: Building Insurance, Lawn Maintenance
  • Tenant Pays: Cable, Electric, Fuel, Heating, Sewer, Trash Collection, Water, Deposit Value

Tax Info

  • Annual Property Tax: 2828

Multi Family

  • Number Of Dishwashers: 4
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of2 Bedrooms: 4

MLS Schools

  • High School: Crawfordsville
  • Middle School: Crawfordsville
  • School District: Crawfordsville Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2021
Sold by
1818 Michigan Llc
Bought by
Bc Pfed 2 Llc
Current Estimated Value
$156,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Outstanding Balance
$104,592
Interest Rate
3.05%
Mortgage Type
Credit Line Revolving
Estimated Equity
$67,382

Purchase Details

Listed on
Nov 15, 2019
Closed on
Dec 18, 2019
Sold by
U S Bank Na
Bought by
1818 Michigan Llc
Seller's Agent
Leslie Cooper-Pyle
Keller Williams-Morrison
Buyer's Agent
LAF NonMember
NonMember LAF
List Price
$107,350
Sold Price
$111,000
Premium/Discount to List
$3,650
3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%

Purchase Details

Closed on
Jul 10, 2019
Sold by
Kuhlman Donald and Kuhlman Donald R
Bought by
Bank Of America Na and Bear Steams Asset Backed Securities Tr

Purchase Details

Closed on
Mar 24, 2005
Sold by
G & S Enterprises
Bought by
Kuhlman Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
7.94%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Bc Pfed 2 Llc $290,000 Partners Title
1818 Michigan Llc -- Servicelink
Bank Of America Na $118,000 None Available
Kuhlman Donald -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bc Pfed 2 Llc $127,500
Closed Bc Pfed 2 Llc $127,500
Previous Owner Kuhlman Donald $139,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2019 12/30/19 Sold $111,000 +3.4% $33 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
11/15/2019 11/15/19 For Sale $107,350 -- $32 / Sq Ft
Source: Indiana Regional MLS

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 $4,025 $162,600 $20,300 $142,300
2023 $3,558 $148,900 $16,200 $132,700
2022 $3,425 $137,800 $16,200 $121,600
2021 $3,348 $130,100 $16,200 $113,900
2020 $3,265 $119,600 $16,200 $103,400
2019 $3,106 $118,900 $16,300 $102,600
2018 $2,828 $118,900 $12,100 $106,800
2017 $2,742 $114,800 $12,100 $102,700
2016 $2,686 $110,000 $12,200 $97,800
2014 $2,811 $115,300 $12,200 $103,100
2013 $2,811 $109,300 $12,200 $97,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201950252

Indiana Regional MLS

APN: 54-10-05-113-016.000-030