NOT LISTED FOR SALE

5423 E 700 N Franklin, IN 46131

Rocklane-Reds Corner Neighborhood

Estimated Value: $1,683,000 - $1,965,318

4 Beds
4 Baths
5,103 Sq Ft
$357/Sq Ft Est. Value

About This Home

This home is located at 5423 E 700 N, Franklin, IN 46131 and is currently estimated at $1,824,159, approximately $357 per square foot. 5423 E 700 N is a home located in Johnson County with nearby schools including Clark Elementary School, Clark-Pleasant Middle School, and Whiteland Community High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2018
Sold by
Lutz Michael L
Bought by
Merkel Steven M and Merkel Maryann Christine
Current Estimated Value
$1,824,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$924,000
Outstanding Balance
$783,288
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$1,040,871

Purchase Details

Closed on
May 26, 2011
Sold by
Lutz Angela
Bought by
Lutz Michael L

Purchase Details

Closed on
Sep 29, 2005
Sold by
Quigley Timothy M and Quigley Lisa A
Bought by
Lutz Michael L and Lutz Angela R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,275
Interest Rate
5.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
Merkel Steven M -- None Available
Lutz Michael L -- None Available
Lutz Michael L -- Midwest Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merkel Steven M $924,000
Previous Owner Lutz Michael L $222,275
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 $17,088 $1,761,200 $138,800 $1,622,400
2024 $17,088 $1,587,600 $144,700 $1,442,900
2023 $17,268 $1,575,300 $115,900 $1,459,400
2022 $14,152 $1,304,100 $115,900 $1,188,200
2021 $12,194 $1,123,700 $98,200 $1,025,500
2020 $12,449 $1,136,300 $97,800 $1,038,500
2019 $12,371 $1,119,000 $105,200 $1,013,800
2018 $11,948 $1,096,200 $107,000 $989,200
2017 $11,024 $973,000 $115,900 $857,100
2016 $10,641 $919,800 $120,000 $799,800
2014 $11,743 $1,031,700 $123,300 $908,400
2013 $11,743 $1,004,200 $112,600 $891,600
Source: Public Records

Map

Indiana Johnson County Franklin 46131 Rocklane-Reds Corner

5423 E 700 N, Franklin, IN

Not Listed for Sale

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