NOT LISTED FOR SALE

7216 E 50 N Franklin, IN 46131

Estimated Value: $446,000 - $497,000

4 Beds
3 Baths
3,542 Sq Ft
$135/Sq Ft Est. Value

Last Sold July 18, 2018

Last sale price $295,000 $83 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,714/month

8 Days on Market

Highlights

  • 5.11 Acre Lot
  • Ranch Style House
  • Screened Porch
  • Wooded Lot
  • Pole Barn
  • Built-in Bookshelves

About This Home

As of July 2018

Secluded Country Living. Incredible opportunity to own a full Brick Ranch Home with basement. You will love the Updated Open Concept from the Living Room into the Kitchen with Reverse Osmosis Drinking System which flows seamlessly into the Family Room. Enjoy cozy winter evenings in front of the Family Room Fireplace or enjoy Sunny Summer Days roaming your wooded 5 acres. Tranquility abounds in this peaceful setting. This Home Features 4 bedrooms and 3 full baths, a water purification system, plus a 2 car attached garage. You will also find the 36X30 barn to be useful for storage or 4-H animals; you decide! The grassy lane carved through the trees behind this great home leads to Cypress Run Golf Course. This Home sits back from the Roadway.

Last Agent to Sell the Property

Denise Sinn

Keller Williams Indy Metro S License #RB14026410 Listed on: 06/04/2018

Keller Williams Indy Metro S

Co-Listed By

Jerry Ott

Keller Williams Indy Metro S License #RB14039488

Last Buyer's Agent

Charles Harmening

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,020

Year Built

  • Built in 1971

Lot Details

  • 5.11 Acre Lot
  • Wooded Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3,542 Sq Ft Home
  • Built-in Bookshelves
  • Woodwork
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Screened Porch

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Sump Pump
  • Laundry in Basement

Parking

  • Garage
  • Gravel Driveway

Outdoor Features

  • Pole Barn
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Water Purifier
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 410715023018000017

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,020

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1971
  • Co List Office Phone: 317-738-4663
  • Garage Y N: Yes
  • Lot Size Acres: 5.11
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Secluded Country Living. Incredible opportunity to own a full Brick Ranch Home with basement. You will love the Updated Open Concept from the Living Room into the Kitchen with Reverse Osmosis Drinking System which flows seamlessly into the Family Room. Enjoy cozy winter evenings in front of the Family Room Fireplace or enjoy Sunny Summer Days roaming your wooded 5 acres. Tranquility abounds in this peaceful setting. This Home Features 4 bedrooms and 3 full baths, a water purification system, plus a 2 car attached garage. You will also find the 36X30 barn to be useful for storage or 4-H animals; you decide! The grassy lane carved through the trees behind this great home leads to Cypress Run Golf Course. This Home sits back from the Roadway.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished Ceiling, Partial, Walk-Out Access, Finished Walls
  • Appliances: Dishwasher, Microwave, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Wood Work Painted
  • Living Area: 3542
  • Other Equipment: Sump Pump, Water Purifier, Water-Softener Owned
  • Room Count: 10
  • Areas Interior: Laundry in Basement
  • Eating Area: Breakfast Bar,Pantry
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2024
  • Main Level Sq Ft: 2024
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Shower Stall Full
  • Total Sq Ft: 3542
  • Below Grade Sq Ft: 1518
  • Pct Optional Level Finished: 50-75%
  • Optional Level Below Grade: Walk Out Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Pole, Barn Storage, Driveway Gravel
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Screened in Porch

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 2 Car Attached

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 410715023018000017
  • Acres: 5-10 Acres
  • Lot Information: Wooded
  • Lot Number: 0
  • Lot Size: 222,592

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2020
  • Semi Annual Property Tax Amt: 1010
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2018
Closed on
Jul 18, 2018
Sold by
Jackson Jonthan Daniel
Bought by
Jessen Zachary J and Jessen Kathryn P
Seller's Agent
Denise Sinn
Keller Williams Indy Metro S
Buyer's Agent
Charles Harmening
List Price
$309,900
Sold Price
$295,000
Premium/Discount to List
-$14,900
-4.81%
Current Estimated Value
$477,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,523
Avg. Annual Appreciation
6.62%
Original Mortgage
$265,500
Outstanding Balance
$230,095
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$247,428

Purchase Details

Closed on
Oct 28, 2016
Sold by
Laura Kim Elliot As Co Personal Of Linda Maxi
Bought by
Jackson Jonathon Daniel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jessen Zachary J -- Title Alliance
Jackson Jonathon Daniel $243,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jessen Zachary J $265,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2018 07/18/18 Sold $295,000 -1.6% $83 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
06/11/2018 06/11/18 Price Changed $299,901 0.0% $85 / Sq Ft
06/10/2018 06/10/18 Price Changed $299,900 -3.2% $85 / Sq Ft
06/04/2018 06/04/18 For Sale $309,900 -- $87 / 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 $2,900 $333,200 $67,800 $265,400
2024 $2,900 $271,200 $67,600 $203,600
2023 $2,888 $269,700 $66,100 $203,600
2022 $3,265 $269,700 $66,100 $203,600
2021 $3,133 $252,700 $61,800 $190,900
2020 $2,971 $232,600 $57,700 $174,900
2019 $2,882 $233,200 $58,300 $174,900
2018 $2,080 $223,500 $59,000 $164,500
2017 $1,611 $153,300 $59,000 $94,300
2016 $1,792 $175,500 $59,000 $116,500
2014 $2,167 $197,800 $81,600 $116,200
2013 $2,167 $197,800 $81,600 $116,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21570933

MIBOR Broker Listing Cooperative®

APN: 41-07-15-023-018.000-017