$84,600
SOLD FEB 12, 2018

5861 S 550 E Franklin, IN 46131

3 Beds
1 Bath
1,967 Sq Ft
1.47 Acres

Recently Sold

$43 Per Sq Ft

27 Days on Market

About This Home

As of November 2018

3 bed, 1 bath Franklin, IN home for sale. This property sits on 3.6 acres of land! The home has a brick exterior and there is a large
garage attached. Interior consists of a large dine-in kitchen, and a big mud room. The home will need some work and repairs before move in ready.
Great potential here.

Last Agent to Sell the Property

Ryan Gehris

Unreal Estate LLC License #10491207568 Listed on: 12/14/2017

Last Buyer's Agent

Christy Norton

Norton Premier Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,038

Year Built

  • Built in 1967

Parking

  • Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,967 Sq Ft Home
  • Window Screens

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 1.47 Acre Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 411217044014000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,038

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1967
  • Garage Y N: Yes
  • Lot Size Acres: 1.47
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Other
  • Property Description: 3 bed, 1 bath Franklin, IN home for sale. This property sits on 3.6 acres of land! The home has a brick exterior and there is a large garage attached. Interior consists of a large dine-in kitchen, and a big mud room. The home will need some work and repairs before move in ready. Great potential here.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Other
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Screens Some
  • Living Area: 1967
  • Other Equipment: Not Applicable
  • Room Count: 2
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1280
  • Main Level Sq Ft: 1280
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1967
  • Below Grade Sq Ft: 687
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Full
  • List Price: 84900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached
  • Num Parking Spaces: 2

Utilities

  • Sewer: Community Sewer
  • Cooling: None
  • Heating: See Remarks
  • Water Source: Community Water
  • Solid Waste: 1
  • Water Heater: Other

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 411217044014000004
  • Acres: 1-3 Acres
  • Lot Number: 0
  • Lot Size: 64,033

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2038
  • Semi Annual Property Tax Amt: 1019
  • Tax Exemption: None

MLS Schools

  • School District: Edinburgh Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Nov 13, 2018
Sold by
Allyson Enterprises Llc
Bought by
Giles Michael C and Giles Kelli R
Seller's Agent
Christy Norton
Norton Premier Real Estate
Buyer's Agent
Vicki Gardner
Berkshire Hathaway Home
List Price
$299,900
Sold Price
$217,000
Premium/Discount to List
-$82,900
-27.64%
Total Days on Market
27
Current Estimated Value
$285,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,154
Avg. Annual Appreciation
4.26%

Purchase Details

Listed on
Dec 14, 2017
Closed on
Feb 8, 2018
Sold by
Castlerock 2017 Llc
Bought by
Allyson Enterprises Llc
Seller's Agent
Ryan Gehris
Unreal Estate LLC
Buyer's Agent
Christy Norton
Norton Premier Real Estate
List Price
$84,900
Sold Price
$84,600
Premium/Discount to List
-$300
-0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
251.12%
Original Mortgage
$67,680
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2017
Sold by
Arns Inc
Bought by
Castlerock 2017 Llc

Purchase Details

Closed on
Oct 13, 2017
Sold by
Wilmington Trust Na
Bought by
Arns Inc

Purchase Details

Closed on
Jun 15, 2017
Sold by
Christina Trust and Pottorff Julie A
Bought by
Wilmington Trust
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Limited Warranty Deed -- Security Title
Warranty Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Sheriffs Deed $120,930 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $67,680 New Conventional
Previous Owner $67,680 New Conventional
Previous Owner $113,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2018 11/13/18 Sold $217,000 -13.2% $86 / Sq Ft
10/28/2018 10/28/18 Pending -- -- --
10/21/2018 10/21/18 Price Changed $249,999 -10.7% $99 / Sq Ft
10/12/2018 10/12/18 Price Changed $279,900 -2.1% $110 / Sq Ft
10/02/2018 10/02/18 Price Changed $285,900 -4.7% $113 / Sq Ft
10/01/2018 10/01/18 For Sale $299,900 +254.5% $118 / Sq Ft
02/12/2018 02/12/18 Sold $84,600 -0.4% $43 / Sq Ft
01/11/2018 01/11/18 Pending -- -- --
12/14/2017 12/14/17 For Sale $84,900 -- $43 / 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 $1,784 $179,800 $41,000 $138,800
2023 $1,748 $180,700 $41,000 $139,700
2022 $1,815 $171,300 $41,000 $130,300
2021 $1,048 $144,200 $37,300 $106,900
2020 $1,015 $131,100 $36,300 $94,800
2019 $680 $108,500 $33,300 $75,200
2018 $1,171 $101,900 $33,200 $68,700
2017 $1,706 $107,100 $33,200 $73,900
2016 $1,943 $117,800 $33,200 $84,600
2014 $1,893 $119,500 $33,200 $86,300
2013 $1,893 $119,500 $33,200 $86,300
Source: Public Records

Agents Affiliated with this Home

  • Christy Norton

    Seller's Agent in 2018

    Christy Norton

    Norton Premier Real Estate

    (317) 775-7812

    129 Total Sales

    Christy Norton
    Section Image
  • Ryan Gehris

    Seller's Agent in 2018

    Ryan Gehris

    Unreal Estate LLC

    (866) 807-9087

    2,311 Total Sales

    Ryan Gehris
    Section Image
  • Vicki Gardner

    Buyer's Agent in 2018

    Vicki Gardner

    Berkshire Hathaway Home

    (812) 343-0546

    68 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21528691

MIBOR Broker Listing Cooperative®

APN: 41-12-17-044-014.000-004

Indiana Johnson County Franklin 46124

5861 S 550 E, Franklin, IN

This home is located at 5861 S 550 E, Franklin, IN 46131 and is currently priced at $84,600, approximately $43 per square foot. This property was built in 1967. 5861 S 550 E is a home located in Johnson County with nearby schools including East Side Elementary School, Edinburgh Community Middle School, and Edinburgh Community High School.

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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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