NOT LISTED FOR SALE

701 S Main St Franklin, IN 46131

Estimated Value: $198,000 - $228,937

2 Beds
1 Bath
1,397 Sq Ft
$154/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $205,000 $147 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,303/month

10 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Eat-In Kitchen
  • Cathedral Ceiling
  • 3 Car Detached Garage
  • Shed

About This Home

As of November 2023

This 2-bedroom, 1-bath, 1,400 sq ft home defines the essence of downtown Franklin, Indiana living. Located in a desirable neighborhood, this property boasts a spacious three-car detached garage that will fulfill your storage and hobby needs. Step inside to discover the inviting ambiance of this well-maintained home, featuring a bright kitchen, cozy bedrooms, and a comfortable living space featuring a gas-log fireplace. Outside, a beautifully manicured yard and large patio that is ideal for relaxation or entertaining. Embrace the Franklin lifestyle and make this lovely property your home today.

Last Listed By

Joseph Otte

CENTURY 21 Scheetz Brokerage Email: jotte@callcarpenter.com License #RB22000212 Listed on: 10/12/2023

CENTURY 21 Scheetz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,320

Year Built

  • Built in 1945

Lot Details

  • 9,958 Sq Ft Lot

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,397 Sq Ft Home
  • Cathedral Ceiling
  • Paddle Fans
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Storage Shed
  • Outbuilding

Schools

  • Franklin Community Middle School
  • Custer Baker Intermediate School
  • Franklin Community High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Townsend Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 410823013056000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,320

Year Built

Built in 1945

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1945
  • Building Area Total: 1397
  • Garage Y N: Yes
  • Lot Size Acres: 0.23
  • Subdivision Name: Townsend
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: jotte@callcarpenter.com
  • Attribution Contact: jotte@callcarpenter.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Electric Oven, Range Hood, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Bath Sinks Double Main, Cathedral Ceiling(s), Paddle Fan, Eat-in Kitchen
  • Living Area: 1397
  • Main Level Bedrooms: 2
  • Other Equipment: Satellite Dish No Controls
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1397
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Out Building With Utilities, Storage Shed
  • Fencing: Fence Full Rear
  • Foundation Details: Slab
  • List Price: 217000
  • Patio And Porch Features: No Maintenance
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Detached, Asphalt, Garage Door Opener
  • Garage Sq Ft: 936

Utilities

  • Utilities: Cable Available, Electricity Connected, Gas, Sewer Connected, Water Connected
  • Cooling: Central Electric
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Franklin Community Middle School
  • MBR_IntermediateSchool: Custer Baker Intermediate School

Lot Info

  • Lot Features: Access, Curbs, Sidewalks, Storm Sewer
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 9958
  • Parcel Number: 410823013056000009
  • Acres: <1/4 Acre
  • Price Acre: 891304

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1320
  • Tax Lot: 25
  • Semi Annual Property Tax Amt: 660
  • Tax Exemption: Homestead Tax Exemption,Mortgage Tax Exemption

MLS Schools

  • High School: Franklin Community High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Nov 20, 2023
Sold by
Weekly Raymond A and Weekly Deborah R
Bought by
Shea Michael C and Shea Brandi Lynn
Seller's Agent
Joseph Otte
CENTURY 21 Scheetz
Buyer's Agent
Richard Murphy
Lake Homes Realty of Indiana
List Price
$237,000
Sold Price
$205,000
Premium/Discount to List
-$32,000
-13.5%
Total Days on Market
10
Views
36
Current Estimated Value
$214,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,484
Avg. Annual Appreciation
3.17%
Original Mortgage
$201,286
Outstanding Balance
$198,899
Interest Rate
7.75%
Mortgage Type
FHA
Estimated Equity
$15,585

Purchase Details

Closed on
Aug 29, 2018
Sold by
Weekly Raymond A and Weekly Deborah R
Bought by
City Of Franklin Indiana

Range of Values:

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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
Shea Michael C $205,000 None Listed On Document
City Of Franklin Indiana $6,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shea Michael C $201,286
Previous Owner Weekly Raymond A $112,000
Previous Owner Weekly Raymond A $30,000
Previous Owner Weekly Raymond A $77,584
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2023 11/21/23 Sold $205,000 -5.5% $147 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/19/2023 10/19/23 Price Changed $217,000 -8.4% $155 / Sq Ft
10/12/2023 10/12/23 For Sale $237,000 -- $170 / 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 $1,368 $172,500 $28,100 $144,400
2023 $1,368 $126,400 $28,100 $98,300
2022 $1,320 $121,700 $28,100 $93,600
2021 $1,174 $109,000 $21,400 $87,600
2020 $1,151 $107,000 $21,400 $85,600
2019 $1,079 $100,700 $15,000 $85,700
2018 $742 $89,200 $15,600 $73,600
2017 $640 $79,700 $15,600 $64,100
2016 $793 $82,700 $15,600 $67,100
2014 $821 $87,600 $19,000 $68,600
2013 $821 $90,000 $19,000 $71,000
Source: Public Records

Agents Affiliated with this Home

  • Joseph Otte

    Seller's Agent in 2023

    Joseph Otte

    CENTURY 21 Scheetz

    (812) 603-8371

    11 in this area

    29 Total Sales

    Joseph Otte
    Section Image
  • Richard Murphy

    Buyer's Agent in 2023

    Richard Murphy

    Lake Homes Realty of Indiana

    (317) 600-8588

    1 in this area

    42 Total Sales

    Section Image
See All Agents

Map

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 21948109

MIBOR Broker Listing Cooperative®

APN: 41-08-23-013-056.000-009

Indiana Johnson County Franklin 46131

701 S Main St, Franklin, IN

Homes for Sale in Franklin, IN

This home is located at 701 S Main St, Franklin, IN 46131 since 12 October 2023 and is currently estimated at $214,484, approximately $153 per square foot. This property was built in 1945. 701 S Main St is a home located in Johnson County with nearby schools including Webb Elementary School, Franklin Community Middle School, and Custer Baker Intermediate 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.

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