NOT LISTED FOR SALE

517 N Franklin St Garrett, IN 46738

Estimated Value: $92,000 - $219,000

3 Beds
1 Bath
2,004 Sq Ft
$77/Sq Ft Est. Value

Last Sold June 20, 2024

Last sale price $190,000 $95 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $832/month

25 Days on Market

Highlights

  • Community Fire Pit
  • Central Air
  • Level Lot
  • Bathtub with Shower
  • Ceiling Fan
  • Carpet

About This Home

As of June 2024

Recently renovated home close to downtown, Garrett Country Club and Golf Course, and Garrett Schools. Seller has updated the home with custom slow-close cabinets, epoxy countertops, new bathroom vanity, toilet, tub/shower combo, laminate flooring, carpet, fresh paint throughout and new GE brand—refrigerator, microwave, and electric range. The seller will also be providing a new washer (dryer is included but is not new). Appliances are not warranted. Landscaping has been refreshed and home has been professionally cleaned and is ready for the new owner! Note, there are two parcels included with the sale of this home—seller is not willing to separate. The home itself is on a 40x40 lot, the 2nd parcel (across alley) is 41x125 - please reference parcel photos

Last Agent to Sell the Property

Katherine Walker

Coldwell Banker Real Estate Group Brokerage Phone: 260-413-1883 Listed on: 04/28/2024

Coldwell Banker Real Estate Group

Last Buyer's Agent

Lisa Stratmeier

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $948

Year Built

  • Built in 1868

Lot Details

  • 6,726 Sq Ft Lot
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Built-In or Custom Kitchen Cabinets
  • Electric Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement
  • Block Basement Construction

Schools

  • J.E. Ober Elementary School
  • Garrett Middle School
  • Garrett High School

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Ozmuns Subdivision
  • Community Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 17-05-34-352-007.000-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$948

Year Built

Built in 1868

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1868
  • Age: 156
  • Style: Two Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Ozmun 1st Add Sw Cor (40x40) AND Cowen 2nd Add
  • Parcel Number ID: 17-05-34-352-007.000-013
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Detector-Smoke, Dryer Hook Up Electric, Firepit, Tub/Shower Combination, Custom Cabinetry
  • Parcel Id2: 17-05-34-352-008.000-013
  • Sp Lp Percent: 97.49
  • Year Taxes Payable: 2023/2024
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3156
  • Total Finished Sq Ft: 2004
  • Above Grade Finished Sq Ft: 2004
  • Below Grade Sq Ft: 1152
  • Price Per Sq Ft: 94.81
  • Basement: Yes
  • Basement Foundation: Full Basement, Michigan Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 13x13, On Level: Main
  • Kitchen: Dimensions: 16x12, On Level: Main
  • Dining Room: Dimensions: 12x7, On Level: Main
  • Bedroom 1: Dimensions: 9x10, On Level: Main
  • Bedroom 2: Dimensions: 10x13, On Level: Upper
  • Bedroom 3: Dimensions: 19x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1152

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Garrett Keyser Butler
  • Elementary School: J.E. Ober
  • Middle School: Garrett Middle
  • High School: Garrett High
  • Elementary School: J.E. Ober

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40x40 AND 41X125
  • Estimated Lot Sq Ft: 6726
  • Estimated Lot Size Acres: 0.1544

Tax Info

  • Annual Taxes: 947.8

MLS Schools

  • High School: Garrett High
  • Middle School: Garrett Middle
  • School District: Garrett Keyser Butler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2024
Closed on
Jun 17, 2024
Sold by
Cark Llc
Bought by
Philpot Caitlin M and Carrier Nathan T
Seller's Agent
Katherine Walker
Coldwell Banker Real Estate Group
Buyer's Agent
Lisa Stratmeier
Coldwell Banker Real Estate Group
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%
Views
37
Current Estimated Value
$153,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,333
Avg. Annual Appreciation
-15.28%
Original Mortgage
$191,919
Outstanding Balance
$189,470
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
-$35,803

Purchase Details

Listed on
Jul 25, 2023
Closed on
Sep 12, 2023
Sold by
Pennymac Loan Services Llc
Bought by
Cark Llc
Seller's Agent
Duane Wilder
Coldwell Banker Real Estate Gr
Buyer's Agent
Taylor Ruoff
North Eastern Group Realty
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
200.98%

Purchase Details

Closed on
Mar 7, 2023
Sold by
Dekalb County
Bought by
Pennymac Loan Services Llc

Purchase Details

Closed on
Jun 7, 2010
Sold by
Smith Betty Catherine and Smith Bette C
Bought by
Smith Fredrick L and Smith Nancy I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.14%
Mortgage Type
New Conventional
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
Philpot Caitlin M $190,000 None Listed On Document
Cark Llc $85,000 None Listed On Document
Pennymac Loan Services Llc $90,170 --
Smith Fredrick L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Philpot Caitlin M $191,919
Previous Owner Smith Fredrick L $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $190,000 -2.5% $95 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/10/2024 05/10/24 Price Changed $194,900 -2.5% $97 / Sq Ft
04/28/2024 04/28/24 For Sale $199,900 +135.2% $100 / Sq Ft
09/29/2023 09/29/23 Sold $85,000 -5.5% $53 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
08/29/2023 08/29/23 Price Changed $89,900 -10.0% $56 / Sq Ft
07/25/2023 07/25/23 For Sale $99,900 +34.3% $62 / Sq Ft
06/25/2018 06/25/18 Sold $74,400 -5.2% $42 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $78,500 -- $44 / 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 $199 $10,400 $10,400 $0
2023 $191 $9,000 $9,000 $0
2022 $249 $8,800 $8,800 $0
2021 $243 $8,400 $8,400 $0
2020 $200 $6,300 $6,300 $0
2019 $194 $6,300 $6,300 $0
2018 $195 $6,300 $6,300 $0
2017 $200 $6,300 $6,300 $0
2016 $200 $6,300 $6,300 $0
2014 $189 $6,300 $6,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202415261

Indiana Regional MLS

APN: 17-05-34-352-008.000-013