NOT LISTED FOR SALE

5231 S Hilltop Farms Dr Franklin, IN 46131

Estimated Value: $394,000 - $531,000

3 Beds
2 Baths
2,308 Sq Ft
$196/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $238,000 $103 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,618/month

27 Days on Market

Highlights

  • Lake Front
  • Wooded Lot
  • Main Floor Primary Bedroom
  • Deck
  • Cathedral Ceiling
  • No HOA

About This Home

As of September 2014

You have found it. One owner very well maintained home on private lake w/ just under 3 acres. Serene water view with mature trees and 15x22 Screened In porch and 12x21 Deck to enjoy the views. Home has awesome windows and views. High Ceilings bring in lots of natural light. Main floor master and 2nd Bedroom. Nice loft for flexible use and large 3rd bedroom up. Nice size kitchen with bar and pantry. This home and property will not disappoint in this quaint neighborhood of log homes!

Last Agent to Sell the Property

Tanya Smythe

Smythe & Co, Inc License #RB14038926 Listed on: 08/22/2014

Last Buyer's Agent

Julie Lashley

Cornerstone Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,184

Year Built

  • Built in 1994

Lot Details

  • 2.72 Acre Lot
  • Lake Front
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Log Cabin

Interior Spaces

  • 1.5-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Paddle Fans
  • Entrance Foyer
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Screened Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Gas Water Heater
  • Multiple Phone Lines

Community Details

  • No Home Owners Association
  • Hilltop Farms Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 411116014002000020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,184

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1994
  • Building Area Total: 2308
  • Garage Y N: Yes
  • Lot Size Acres: 2.72
  • Subdivision Name: Hilltop Farms
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: tanya@smytherealestate.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Basement Type: Crawl Space
  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Gas Water Heater
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), Wood Work Stained, Breakfast Bar, Paddle Fan, Entrance Foyer, Network Ready, Primary Bedroom on Main, Pantry
  • Living Area: 2308
  • Main Level Bedrooms: 2
  • Other Equipment: Multiple Phone Lines
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1680
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 628
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 2308

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • List Price: 249900
  • Patio And Porch Features: Deck Main Level, Screened Patio
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Propane
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Wooded
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 2.72
  • Parcel Number: 411116014002000020
  • Acres: 1-3 Acres

Tax Info

  • Tax Annual Amount: 1184
  • Tax Lot: 9
  • Semi Annual Property Tax Amt: 592
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2017
Sold by
Oconnell Steven R and Oconnell Jennifer S
Bought by
Mcleod David B and Young Kristine Anne
Total Days on Market
27
Current Estimated Value
$452,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,992
Outstanding Balance
$147,902
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$304,292

Purchase Details

Listed on
Aug 22, 2014
Closed on
Sep 30, 2014
Sold by
Stout David F and Stout Rosalind M
Bought by
Connell Steven R O and Connell Jennifer S O
Seller's Agent
Tanya Smythe
Smythe & Co, Inc
Buyer's Agent
Julie Lashley
Cornerstone Realty
List Price
$249,900
Sold Price
$238,000
Premium/Discount to List
-$11,900
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$140,000
Interest Rate
4.08%
Mortgage Type
New Conventional
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
Mcleod David B -- None Available
Connell Steven R O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcleod David B $19,738
Open Mcleod David B $173,992
Previous Owner Connell Steven R O $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $238,000 -4.8% $103 / Sq Ft
09/19/2014 09/19/14 Pending -- -- --
08/22/2014 08/22/14 For Sale $249,900 -- $108 / 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
2024 $2,616 $333,000 $63,700 $269,300
2023 $2,443 $320,500 $63,700 $256,800
2022 $2,212 $277,400 $55,200 $222,200
2021 $1,994 $250,600 $50,500 $200,100
2020 $1,611 $233,000 $50,500 $182,500
2019 $1,562 $230,500 $50,500 $180,000
2018 $1,330 $204,200 $50,500 $153,700
2017 $1,339 $202,400 $50,500 $151,900
2016 $1,246 $192,300 $50,500 $141,800
2014 $1,072 $176,000 $50,500 $125,500
2013 $1,072 $176,400 $50,500 $125,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21311348

MIBOR Broker Listing Cooperative®

APN: 41-11-16-014-002.000-020