NOT LISTED FOR SALE

509 N Franklin St Mentone, IN 46539

Estimated Value: $63,000 - $147,000

2 Beds
1 Bath
1,187 Sq Ft
$102/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $28,500 $24 Per Sq Ft

Est. 326% increase in value since last sale

Current estimated payment $728/month

9 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Bathtub with Shower
  • Ceiling Fan
  • Eat-In Kitchen
  • Forced Air Heating System
  • Level Lot

About This Home

As of October 2021

Attention investors! Affordable income producing rental property or rehab/resale house at the NW edge of Mentone. Enclosed 5x11 front porch, decent sized living room, eat-in kitchen with ample cabinetry and countertop space, main level master bedroom, upstairs landing previously used as a 3rd BR. Rear 7x15 breezeway room leads to the 12x15 workshop. Some upgrades over the years: roof shingles (8 years), high efficiency GFA furnace (10 years), water heater (8 years), breaker box and electrical wiring, but the house is in need of additional updating (paint, floor coverings, trim work, some windows, etc). Full sized city lot with ample off-street parking, NIPSCO gas & electric, city water, sewer and trash service.

Last Agent to Sell the Property

David Blackwell

Blackwell Real Estate Listed on: 09/27/2021

Last Buyer's Agent

David Blackwell

Blackwell Real Estate Listed on: 09/27/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 8,832 Sq Ft Lot
  • Lot Dimensions are 69x127
  • Level Lot

Home Design

  • Shingle Roof
  • Rubber Roof
  • Masonite

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Stone or Rock in Basement
  • Crawl Space

Parking

  • Gravel Driveway
  • Off-Street Parking

Schools

  • Mentone Elementary School
  • Tippe Valley Middle School
  • Tippe Valley High School

Utilities

  • Forced Air Heating System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 43-09-34-200-070.000-035

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 121
  • Style: One and Half Story
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 014-151-065 Ol 15 Corr Pl of Tucker Myers & Hackedorn Add Less N 100.5'
  • Parcel Number ID: 43-09-34-200-070.000-035
  • Platted: Yes
  • Amenities: Cable Available, Ceiling Fan(s), Detector-Smoke, Dryer Hook Up Electric, Eat-In Kitchen, Porch Enclosed, Range/Oven Hk Up Gas/Elec, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Grid: 30 - S.W. Kosc.
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Parcel Id2: 014-703001-30
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 73.64
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1187
  • Total Finished Sq Ft: 1187
  • Above Grade Finished Sq Ft: 1187
  • Price Per Sq Ft: 24.01
  • Basement Foundation: Crawl
  • Basement Material: Block, Stone
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 15x11, On Level: Main
  • Kitchen: Dimensions: 13x11, On Level: Main
  • Extra Room: Upper level landing, Dimensions: 10x10, On Level: Upper
  • Bedroom 1: Dimensions: 12x10, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Upper
  • Other Room1: Front porch, Dimensions: 11x5, On Level: Main
  • Other Room 2: Rear breezeway, Dimensions: 15x7, On Level: Main
  • Other Room 3: Workshop, Dimensions: 15x12, On Level: Main
  • Main Level Sq Ft: 956
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Masonite
  • Roof Material: Rubber, Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Cable Company: Comcast
  • Hvac: Ceiling Fan, High Efficiency Furnace
  • Laundry: Dimensions: Mainx3, On Level: 2

Schools

  • School District: Tippecanoe Valley
  • Elementary School: Mentone
  • Middle School: Tippe Valley
  • High School: Tippe Valley
  • Elementary School: Mentone

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 69x127
  • Estimated Lot Sq Ft: 8832
  • Estimated Lot Size Acres: 0.2

Tax Info

  • Annual Taxes: 783

MLS Schools

  • High School: Tippe Valley
  • Middle School: Tippe Valley
  • School District: Tippecanoe Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Oct 28, 2021
Sold by
Hiers Erija and Hiers Debra A
Bought by
Sanchez Stephen E
Seller's Agent
David Blackwell
Blackwell Real Estate
Buyer's Agent
David Blackwell
Blackwell Real Estate
List Price
$38,700
Sold Price
$28,500
Premium/Discount to List
-$10,200
-26.36%
Current Estimated Value
$121,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,810
Avg. Annual Appreciation
44.57%

Purchase Details

Closed on
Oct 1, 1996
Sold by
Coplen Georgia J
Bought by
Hiers Eric J
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
Sanchez Stephen E $28,500 None Available
Hiers Eric J $25,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2021 10/28/21 Sold $28,500 -26.4% $24 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $38,700 -- $33 / 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 $1,019 $49,700 $9,700 $40,000
2023 $945 $46,700 $9,700 $37,000
2022 $918 $45,900 $9,700 $36,200
2021 $800 $40,000 $9,700 $30,300
2020 $783 $37,900 $8,700 $29,200
2019 $761 $36,800 $8,700 $28,100
2018 $741 $35,800 $8,000 $27,800
2017 $721 $34,800 $8,000 $26,800
2016 $717 $34,600 $8,000 $26,600
2014 $900 $45,000 $7,900 $37,100
2013 $900 $45,000 $7,900 $37,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202140683

Indiana Regional MLS

APN: 43-09-34-200-070.000-035