NOT LISTED FOR SALE

51 E Adams St Franklin, IN 46131

Estimated Value: $192,000 - $248,000

4 Beds
2 Baths
2,234 Sq Ft
$100/Sq Ft Est. Value

Last Sold February 17, 2021

Last sale price $124,000 $56 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,564/month

2 Days on Market

About This Home

As of February 2021

Two bedroom, one bath, LR, dining room per side. Mirror image on both sides. Separate gas, electric, & water meters. Both sides have access to shared basement for storage as well as both units having W/D hookups. Currently rented for $800/$700 on month to month leases. Tenants pay all utilities except sewer, taxes, & insurance. All original woodwork and hardwood floors throughout both units. Detached garage could also be split between both units or bump rent on one side and give the entire garage. Room sizes are estimated

Last Agent to Sell the Property

Cal Findley

Keller Williams Indy Metro S License #RB14024404 Listed on: 01/12/2021

Keller Williams Indy Metro S

Last Buyer's Agent

Kevin Good

Fathom Realty

Fathom Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,060

Year Built

  • Built in 1880

Lot Details

  • 3,899

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Aluminum Siding

Additional Features

  • 2-Story Property
  • 3,899 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Tenant pays for electricity gas water
  • The owner pays for inshazard insurance taxes sewer
  • Assessor Parcel Number 410814042091000009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,060

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1880
  • Lot Size Acres: 0.0895
  • Structure Type: Duplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Two bedroom, one bath, LR, dining room per side. Mirror image on both sides. Separate gas, electric, & water meters. Both sides have access to shared basement for storage as well as both units having W/D hookups. Currently rented for $800/$700 on month to month leases. Tenants pay all utilities except sewer, taxes, & insurance. All original woodwork and hardwood floors throughout both units. Detached garage could also be split between both units or bump rent on one side and give the entire garage. Room sizes are estimated
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: InsHazard,Insurance,Taxes,Sewer
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • List Price: 150000

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: 2 Car Garage,On Street

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 410814042091000009
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Sidewalks
  • Lot Number: 3
  • Lot Size: 3,899

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity,Gas,Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3060
  • Semi Annual Property Tax Amt: 1530
  • Tax Exemption: None

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Feb 17, 2021
Sold by
Eldridge Donna
Bought by
Walker Grant
Seller's Agent
Cal Findley
Keller Williams Indy Metro S
Buyer's Agent
Kevin Good
Fathom Realty
List Price
$150,000
Sold Price
$124,000
Premium/Discount to List
-$26,000
-17.33%
Current Estimated Value
$224,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,459
Avg. Annual Appreciation
14.00%
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
Walker Grant -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Grant $108,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $124,000 -17.3% $56 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $150,000 -- $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 $4,113 $239,500 $11,300 $228,200
2024 $4,113 $185,900 $11,300 $174,600
2023 $3,934 $176,800 $11,300 $165,500
2022 $3,584 $160,700 $10,300 $150,400
2021 $3,300 $148,300 $9,900 $138,400
2020 $3,300 $148,300 $9,900 $138,400
2019 $3,059 $137,500 $8,500 $129,000
2018 $2,354 $118,400 $8,500 $109,900
2017 $2,340 $117,000 $8,500 $108,500
2016 $2,200 $102,900 $8,500 $94,400
2014 $2,200 $110,000 $11,200 $98,800
2013 $2,200 $101,000 $11,200 $89,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21760313

MIBOR Broker Listing Cooperative®

APN: 41-08-14-042-091.000-009