NOT LISTED FOR SALE

5187 E 250 S Franklin, IN 46131

Estimated Value: $697,538 - $863,000

4 Beds
2.5 Baths
4,940 Sq Ft
$159/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $525,000 $106 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,527/month

49 Days on Market

Highlights

  • 10 Acre Lot
  • Vaulted Ceiling
  • Wood Flooring
  • Family Room with Fireplace
  • 1.5-Story Property
  • Pole Barn

About This Home

As of March 2020

There is nothing else like it! A four-bedroom brick ranch with a large loft on 10 acres in Needham Township. Pole barn is set up for horses with double horse stalls, tack room, and office. The backyard is fenced. Inside a large formal living room with fireplace, family room, and huge game/activity room. An open-concept with a split floor plan. The master bedroom is large with a sitting room area, his and hers closets, Bathroom has double sinks, separate shower, and garden tub. Make no mistake this home is almost 5000 square feet and has room for everyone. With newer mechanical's, 3 car plus attached garage, deck off the back of the home and set back off of the road. Acreage like this is so hard to find this close to town.

Last Agent to Sell the Property

Cindy Stockhaus

Carpenter, REALTORS® Listed on: 12/19/2019

Co-Listed By

Michael Stockhaus

Carpenter, REALTORS®

Last Buyer's Agent

Donna Zelner

Berkshire Hathaway Home

Berkshire Hathaway Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,168

Year Built

  • Built in 2001

Lot Details

  • 10 Acre Lot
  • Partially Fenced Property

Parking

  • 4 Car Garage
  • Driveway

Home Design

  • 1.5-Story Property
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Woodwork
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Thermal Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Attic Access Panel

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

  • Sump Pump
  • Crawl Space

Home Security

  • Security System Leased
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic Tank

Additional Features

  • Pole Barn
  • Horse or Livestock Barn

Listing and Financial Details

  • Assessor Parcel Number 410732032027005019

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,168

Year Built

Built in 2001

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2001
  • Building Area Total: 4940
  • Co List Office Phone: 317-738-3737
  • Garage Y N: Yes
  • Lot Size Acres: 10
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Website: https://tours.callcarpenter.com/propertysite/5187-East-250-S-Franklin-IN-46131/4439347
  • MBR_AttributionContact: hausvalueteam@callcarpenter.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Microwave, Gas Oven, Refrigerator
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log, Great Room, Living Room
  • Fireplaces: 2
  • Interior Amenities: Attic Access, Raised Ceiling(s), Walk-in Closet(s), Hardwood Floors, Windows Thermal, Wood Work Painted
  • Other Equipment: Security Alarm Rented, Smoke Detector, Sump Pump, Water-Softener Owned
  • Areas Interior: Foyer Large,Living Room Formal,Laundry Room Main Level,Utility Room
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 4940
  • Main Level Sq Ft: 4520
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Sinks Double,Suite,Tub Full with Separate Shower,Tub Garden
  • Kitchen Features: Kitchen Updated,Pantry WalkIn
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 420

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Horse, Barn Pole, Driveway Concrete, Fence Partial
  • Foundation Details: Crawl Space
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Porch Open

Garage/Parking

  • Garage Spaces: 4
  • Fuel: Gas
  • Garage Parking Description: Attached,Multiple Garages
  • Garage Parking Other: Garage Door Opener,Finished Garage,Heated,Side Load Garage,Service Door

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Heat Pump
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 410732032027005019
  • Acres: 10-20 Acres
  • Lot Information: Not In Subdivision,Tree Mature,Trees Small,See Remarks
  • Lot Number: 0
  • Lot Size: 435,600

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 4168
  • Semi Annual Property Tax Amt: 2084
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2019
Closed on
Mar 16, 2020
Sold by
Calvert Stephen R and Calvert Susan S
Bought by
Mcfarland Christopher S and Mcfarland Chelsea A
Seller's Agent
Cindy Stockhaus
Carpenter, REALTORS®
Buyer's Agent
Donna Zelner
Berkshire Hathaway Home
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%
Current Estimated Value
$784,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,179
Avg. Annual Appreciation
7.11%
Original Mortgage
$420,000
Outstanding Balance
$290,154
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$494,025

Purchase Details

Listed on
May 11, 2017
Closed on
Dec 5, 2017
Sold by
Barker Oliver A and Barker Verna J
Bought by
Calvert Stephen R and Susan Calvert S
Seller's Agent
Jeff Paxson
Jeff Paxson Team
Buyer's Agent
Cindy Stockhaus
Carpenter, REALTORS®
List Price
$550,000
Sold Price
$514,000
Premium/Discount to List
-$36,000
-6.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.93%
Original Mortgage
$394,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2010
Sold by
Carey Dianne
Bought by
Barker Oliver A and Barker Verna J
Source: Public Records
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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
Mcfarland Christopher S -- Security Title
Calvert Stephen R -- Security Title
Barker Oliver A -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcfarland Christopher S $420,000
Previous Owner Calvert Stephen R $394,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2020 03/16/20 Sold $525,000 -2.8% $106 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
02/05/2020 02/05/20 Price Changed $540,000 -3.6% $109 / Sq Ft
01/16/2020 01/16/20 Price Changed $560,000 -2.6% $113 / Sq Ft
12/19/2019 12/19/19 For Sale $575,000 +11.9% $116 / Sq Ft
12/05/2017 12/05/17 Sold $514,000 -2.1% $104 / Sq Ft View Prior Sale
06/09/2017 06/09/17 Price Changed $525,000 -4.5% $106 / Sq Ft
05/11/2017 05/11/17 For Sale $550,000 -- $111 / 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 $5,121 $549,200 $45,000 $504,200
2024 $5,121 $469,100 $44,600 $424,500
2023 $5,084 $466,500 $42,000 $424,500
2022 $5,519 $468,000 $42,000 $426,000
2021 $4,858 $413,300 $36,300 $377,000
2020 $4,644 $394,000 $32,300 $361,700
2019 $4,718 $400,200 $33,200 $367,000
2018 $4,191 $395,400 $33,400 $362,000
2017 $4,167 $393,200 $34,200 $359,000
2016 $4,078 $370,700 $34,500 $336,200
2014 $3,956 $370,100 $34,800 $335,300
2013 $3,956 $372,800 $33,900 $338,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21686212

MIBOR Broker Listing Cooperative®

APN: 41-07-32-032-027.005-019