NOT LISTED FOR SALE

5903 S 700 E Franklin, IN 46131

Estimated Value: $545,716

3 Beds
2.5 Baths
1,352 Sq Ft
$404/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $465,000 $344 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,979/month

10 Days on Market

Highlights

  • Lake Front
  • Ranch Style House
  • No HOA
  • Multiple Garages
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of May 2022

Got horses? Check out this one of a kind horse property. Custom built ranch with a basement on 10 waterfront acres. Home features 2 bedrooms, a full bath, eat in kitchen, living rm, large laundry/storage area on main level. Finished basement features 3rd bedroom, family rm, bonus rm, storage rm, and a full bath. Six stall horse barn w/hay loft, storage areas, tack room with concrete floor, electric, water, multiple riding areas, multiple covered lean-to's, and lots of fencing. Its all ready and set up Just bring your horses. Oversized 2 car attached garage with half bath. Like to fish? This property abuts Shelby Materials Gravel Pit and gives you access to plenty of good fishing. Relax on your large covered front porch and enjoy the views

Last Agent to Sell the Property

Cal Findley

Keller Williams Indy Metro S License #RB14024404 Listed on: 04/02/2022

Keller Williams Indy Metro S

Last Buyer's Agent

Cal Findley

Keller Williams Indy Metro S License #RB14024404 Listed on: 04/02/2022

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1994

Lot Details

  • 10 Acre Lot
  • Lake Front
  • Rural Setting

Parking

  • 4 Car Garage
  • Multiple Garages
  • Side or Rear Entrance to Parking

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • Woodwork
  • Free Standing Fireplace
  • Breakfast Room
  • Utility Room
  • Laundry on main level
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Eat-In Country Kitchen
  • Electric Oven
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Sump Pump
  • Fireplace in Basement

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Utilities

  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 411215033018000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,800

Year Built

Built in 1994

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1994
  • Building Area Total: 2584
  • Garage Y N: Yes
  • Lot Size Acres: 10
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: CallawayFindley@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Sump Pump
  • Appliances: Dishwasher, Electric Oven, Refrigerator, Electric Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1108
  • Fireplace Features: Basement, Free Standing
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Hardwood Floors, Wood Work Stained, Eat-in Kitchen, Hi-Speed Internet Availbl, Center Island, Pantry
  • Living Area: 1352
  • Main Level Bedrooms: 2
  • Other Equipment: Smoke Alarm
  • Areas Interior: Utility Room
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1352
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Country
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Plans
  • Rooms Basement: 4
  • SqFt Total: 2584

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Storage, Out Building With Utilities
  • Fencing: Fence Complete
  • Foundation Details: Block, Full
  • List Price: 490000
  • Patio And Porch Features: Covered Porch
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Detached, Side Load Garage, Storage
  • Garage Parking Description: Multiple Garages
  • Garage Parking Other: Finished Garage,Other
  • Garage Sq Ft: 616

Utilities

  • Cooling: Central Electric
  • Heating: Heat Pump, Propane
  • Laundry Features: Main Level
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Rural - Not Subdivision
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: Barn
  • Lot Size Sq Ft: 435600
  • Parcel Number: 411215033018000004
  • Acres: 10-20 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1800
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 900
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2022
Sold by
Shelby Gravel Inc
Bought by
Mclane Jacob and Mclane Chelsae Girdler
Current Estimated Value
$545,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,725
Outstanding Balance
$267,630
Interest Rate
6.58%
Mortgage Type
FHA
Estimated Equity
$155,181

Purchase Details

Listed on
Apr 2, 2022
Closed on
May 5, 2022
Sold by
Blackwell John R and Blackwell Donna J
Bought by
Shelby Gravel Inc
Seller's Agent
Cal Findley
Keller Williams Indy Metro S
Buyer's Agent
Cal Findley
Keller Williams Indy Metro S
List Price
$490,000
Sold Price
$465,000
Premium/Discount to List
-$25,000
-5.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.81%
Source: Public Records

Range of Values:

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Average Value
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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
Mclane Jacob -- --
Shelby Gravel Inc $465,000 Denali Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclane Jacob $274,725
Previous Owner Blackwell John R $76,000
Previous Owner Blackwell John R $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2022 05/05/22 Sold $465,000 -5.1% $344 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/02/2022 04/02/22 For Sale $490,000 -- $362 / 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 $127 $6,700 $6,700 $0
2024 $127 $6,400 $6,400 $0
2023 $5,752 $286,600 $46,600 $240,000
2022 $3,142 $269,600 $46,600 $223,000
2021 $1,829 $223,600 $42,000 $181,600
2020 $1,799 $202,800 $40,900 $161,900
2019 $1,603 $189,500 $39,500 $150,000
2018 $1,519 $177,800 $39,700 $138,100
2017 $1,492 $176,900 $41,000 $135,900
2016 $1,516 $172,400 $41,600 $130,800
2014 $1,512 $179,200 $42,100 $137,100
2013 $1,512 $181,600 $40,500 $141,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21846641

MIBOR Broker Listing Cooperative®

APN: 41-12-15-033-018.000-004