NOT LISTED FOR SALE

574 W 500 N Franklin, IN 46131

Estimated Value: $291,000 - $427,000

3 Beds
1 Bath
1,516 Sq Ft
$222/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $126,000 $83 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $1,920/month

43 Days on Market

Highlights

  • 2 Acre Lot
  • No HOA
  • Ceramic Tile Flooring
  • Traditional Architecture
  • Woodwork
  • Forced Air Heating and Cooling System

About This Home

As of August 2015

This 3 bedroom 1 bath home has all the necessities plus a basement and 2 acres. It just needs cosmetics. The Seller has put in new furnace, water heater, dishwasher, microwave range hood and oven/range. Home sits on 2 acres and has newer windows. Garage was previously converted to Mother-In-Law's quarters that has a kitchen, living room, bedroom and full bath. There is a horse barn that is on the property. Reclaim the wood or fix it up if you need it! Great location with no neighbors!

Last Agent to Sell the Property

Brooke Wyatt

Olympus Realty Group Brokerage Email: brooke.wyatt@exprealty.com License #RB14032885 Listed on: 05/06/2015

Last Buyer's Agent

Hazel Cooper

Crossroads Real Estate Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,122

Year Built

  • Built in 1800

Lot Details

  • 2 Acre Lot

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Unfinished Basement

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 410520034028000033

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,122

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditonal American
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1800
  • Building Area Total: 1966
  • Garage Y N: No
  • Lot Size Acres: 2
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.olympusrealtygroup.com
  • Floor Number: 2
  • Unit Entry Level: m
  • MBR_AttributionContact: brooke.wyatt@exprealty.com
  • Attribution Contact: brooke.wyatt@exprealty.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher, Disposal, MicroHood, Electric Oven, Gas Water Heater
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Wood Work Painted
  • Living Area: 1516
  • Other Equipment: Not Applicable
  • Eating Area: Breakfast Room,Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1270
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 246

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Private Well
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 87120
  • Parcel Number: 410520034028000033
  • Acres: 1-3 Acres

Tax Info

  • Tax Annual Amount: 2122
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1061
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2015
Closed on
Aug 7, 2015
Sold by
Equity Trust Co and Whitecotten Brent
Bought by
Kerry Jason C and Kerry Kate M
Seller's Agent
Brooke Wyatt
Olympus Realty Group
Buyer's Agent
Hazel Cooper
Crossroads Real Estate Group LLC
List Price
$139,900
Sold Price
$126,000
Premium/Discount to List
-$13,900
-9.94%
Current Estimated Value
$336,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,369
Avg. Annual Appreciation
10.06%
Original Mortgage
$119,700
Outstanding Balance
$93,725
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$242,644

Purchase Details

Closed on
May 23, 2008
Sold by
Patterson Joshua
Bought by
Patterson Joshua J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,742
Interest Rate
6.01%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2005
Sold by
Thomas Wesley and Thomas Jeanna
Bought by
Patterson Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kerry Jason C -- None Available
Patterson Joshua J -- Expert Title Services
Patterson Joshua -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kerry Jason C $119,700
Previous Owner Patterson Joshua J $195,742
Previous Owner Patterson Joshua $135,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $126,000 -9.9% $83 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $139,900 -- $92 / 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 $1,784 $252,100 $56,000 $196,100
2024 $1,784 $203,600 $56,000 $147,600
2023 $1,840 $198,600 $56,000 $142,600
2022 $1,961 $188,600 $46,000 $142,600
2021 $1,634 $158,700 $46,000 $112,700
2020 $1,359 $135,700 $43,000 $92,700
2019 $1,298 $130,600 $41,000 $89,600
2018 $1,377 $132,500 $41,000 $91,500
2017 $1,327 $127,800 $41,000 $86,800
2016 $1,237 $125,000 $41,000 $84,000
2014 $2,145 $103,800 $41,000 $62,800
2013 $2,145 $102,000 $41,000 $61,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21351617

MIBOR Broker Listing Cooperative®

APN: 41-05-20-034-028.000-033