NOT LISTED FOR SALE

5423 E 700 N Franklin, IN 46131

Rocklane-Reds Corner Neighborhood

Estimated Value: $1,933,989 - $2,096,000

4 Beds
4 Baths
5,103 Sq Ft
$395/Sq Ft Est. Value

About This Home

This home is located at 5423 E 700 N, Franklin, IN 46131 and is currently estimated at $2,014,995, approximately $394 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
$2,014,995

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
$1,231,707

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

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ICE

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First American

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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

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
Merkel Steven M -- None Available
Lutz Michael L -- None Available
Lutz Michael L -- Midwest Title Corporation
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 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 $18,244 $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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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