NOT LISTED FOR SALE

Estimated Value: $139,000 - $179,742

4 Beds
1 Bath
1,200 Sq Ft
$125/Sq Ft Est. Value

Sale Details

Date Sold: July 25, 2025

Last sale price $140,000 $117 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $982 / mo

2 Days on Market

Highlights

  • In Ground Pool
  • Cape Cod Architecture
  • No HOA
  • City View
  • Main Floor Bedroom
  • 2 Car Detached Garage

About This Home

As of July 2025

Charming 4-Bedroom Home with Inground Pool & Endless Potential! Welcome to 513 Lake Ave, a spacious 4-bedroom, 1-bath home located in the heart of Franklin. This property offers a unique opportunity for investors, flippers, or homeowners looking to personalize their space. Featuring a large unfinished basement with room to expand, this home is bursting with potential. Step inside to find generously sized bedrooms, a functional layout. The backyard is a hidden gem, boasting an inground pool that just needs a new liner to be summer-ready. With some updates and vision, this property can truly shine. Conveniently located near schools, parks, shopping, and major highways.

Last Agent to Sell the Property

Michelle Schmit

Plum Tree Realty License #2020007261 Listed on: 06/26/2025

Plum Tree Realty

Last Buyer's Agent

Michelle Schmit

Plum Tree Realty License #2020007261 Listed on: 06/26/2025

Plum Tree Realty

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,108

Year Built

  • Built in 1950

Lot Details

  • Wood Fence
  • Aluminum or Metal Fence

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Asbestos Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Concrete Flooring
  • City Views
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom

Pool

  • In Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,108

Year Built

Built in 1950

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Suburb: Franklin
  • Land Description: Less than .5 Acre
  • Access: City Street
  • Broker Approved: Yes
  • Census Tract Realist: 302.00
  • Cooling: Central Air
  • Heating: Forced Air
  • Lot Area Realist: 7500.00
  • Suburb S I C: Franklin
  • Zoning: Residential
  • Basement Features: Bath Rough-In, Concrete Floor, Unfinished, Glass Blk Wind
  • Level 1 Bathroom Type: Full
  • Level 1 Bathroom: Yes
  • Level 1 Bedroom: Yes
  • Dining Room Feat: WW Carpet
  • Living Great Rm Dim: 15 x 12
  • Living Room Feat: Wall-to-Wall Carpet
  • Single Family Desc: Single Family
  • Smart Technology: Garage Door Opener
  • Study Lib Den Dim: 0 x 0
  • Water Heating: Electric
  • Year Built: 1950
  • Architecture: Cape Cod
  • Full Bathrooms: 1
  • Bedrooms: 4
  • Directions: Central to Miami to Lake
  • Lot Measurement: Acres
  • Status: Sold
  • Property Subtype 1: Single Family Residence
  • Occupancy: At Closing
  • ADU Y/N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedroom 2: 12x11 Level: 1
  • Bedroom 3: 17x11 Level: 2
  • Bedroom 4: 17x11 Level: 2
  • Dining Room: 15x11 Level: 1
  • Living Room: 15x12 Level: 1
  • Property Type: Residential
  • Reciprocal Listing: No
  • Semi Annual Taxes: $1054
  • Appliances: Oven/Range, Refrigerator
  • Basement: Full
  • Bathrooms: 1.00
  • Kitchen Dim: 14 x 12
  • Levels: Two
  • Zero Selling Price: No
  • Bathroom 1: Full
  • Laundryroom Dim: 0 x 0
  • Recreation Room Dim: 0 x 0
  • Available for Lease: No
  • Bldg Sq Ft (Realist): 1200.00
  • Windows: Vinyl
  • PrimaryBedroomDim: 17 x 11
  • Primary Bathrooms: Shower
  • P R I M A R Y B E D R O O M: 17x11 Level: 1

Exterior Features

  • View: City
  • Fencing: Metal, Wood
  • Roof: Asbestos Shingle
  • Pool: In-Ground
  • Construction: Aluminum Siding
  • Foundation: Block
  • Listing Price: 145000.00
  • New Construction: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage Carport: Garage Detached
  • Parking: Driveway

Utilities

  • Gas: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: Carlisle Local SD

Green Features

  • Energy Green Features: No

Lot Info

  • Total Assessed Value: of record

Rental Info

  • Sub Lease: No

Tax Info

  • Tax Abatement: No

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2025
Closed on
Jul 23, 2025
Sold by
Berger Erwin Gerald and Berger Jerry E
Bought by
Seller's Agent
Michelle Schmit
Plum Tree Realty
Buyer's Agent
Michelle Schmit
Plum Tree Realty
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Views
46
Current Estimated Value
$149,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,686
Avg. Annual Appreciation
6.27%
Original Mortgage
$133,000
Outstanding Balance
$131,727
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$17,959
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Franklin, OH

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$140,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $133,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/25/2025 07/25/25 Sold $140,000 -3.4% $117 / Sq Ft
06/28/2025 06/28/25 Pending -- -- --
06/26/2025 06/26/25 For Sale $145,000 -- $121 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,257 $47,680 $10,510 $37,170
2024 $2,108 $47,680 $10,510 $37,170
2023 $1,670 $37,373 $6,958 $30,415
2022 $1,641 $37,373 $6,958 $30,415
2021 $1,565 $37,373 $6,958 $30,415
2020 $1,339 $29,897 $5,565 $24,332
2019 $1,233 $29,897 $5,565 $24,332
2018 $1,050 $29,897 $5,565 $24,332
2017 $1,296 $29,225 $5,523 $23,702
2016 $1,318 $29,225 $5,523 $23,702
2015 $1,318 $29,225 $5,523 $23,702
2014 $1,165 $29,230 $5,520 $23,700
2013 $1,000 $32,720 $6,180 $26,540
Source: Public Records

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1846027

MLS of Greater Cincinnati (CincyMLS)

APN: 02-04-234-014

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