NOT LISTED FOR SALE

750 W Madison St Franklin, IN 46131

Estimated Value: $170,000 - $313,000

6 Beds
3 Baths
-- Sq Ft
0.25 Acres

Last Sold July 13, 2021

Last sale price $120,000

Est. 98% increase in value since last sale

Current estimated payment $1,558/month

27 Days on Market

About This Home

As of July 2021

Fully occupied Income producing three unit with commercial potential location just west of US 31 in Franklin. Separate gas & electric meters. Owner pays water on 2 units and sewer on 3 units.

Last Agent to Sell the Property

Cal Findley

Keller Williams Indy Metro S License #RB14024404 Listed on: 04/16/2021

Keller Williams Indy Metro S

Last Buyer's Agent

Kevin Harcourt

Crossroads Real Estate Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,854

Year Built

  • Built in 1880

Lot Details

  • 0.25

Home Design

  • Aluminum Siding

Additional Features

  • 1-Story Property
  • 0.25 Acre Lot

Community Details

  • Hamilton Addition Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for lawncare, taxes, sewer, water
  • Assessor Parcel Number 410815044006000009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,854

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Other
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1880
  • Lot Size Acres: 0.25
  • Structure Type: Quadruplex
  • Subdivision Name: HAMILTON ADDITION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 3
  • Conversion: 1
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: Lawncare, Taxes, Sewer, Water
  • Sq Ft Main Upper: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: Parking Lot,Paved Area

Utilities

  • Solid Waste: 1

Lot Info

  • Parcel Number: 410815044006000009
  • Acres: 1/4-1/2 Acre
  • Lot Information: Sidewalks
  • Lot Number: 4
  • Lot Size: 65 X 164

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Net Operating Income: 17515

Tax Info

  • Tax Annual Amount: 1854
  • Semi Annual Property Tax Amt: 927
  • Tax Exemption: None

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jul 12, 2021
Sold by
Gregory Christopher Q and Gregory Joshua Wayne
Bought by
Hohmann Joseph
Seller's Agent
Cal Findley
Keller Williams Indy Metro S
Buyer's Agent
Kevin Harcourt
Crossroads Real Estate Group LLC
List Price
$134,900
Sold Price
$120,000
Premium/Discount to List
-$14,900
-11.05%
Current Estimated Value
$237,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,302
Avg. Annual Appreciation
16.76%
Original Mortgage
$90,000
Outstanding Balance
$81,736
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$155,566

Purchase Details

Listed on
May 8, 2018
Closed on
Apr 26, 2018
Sold by
Limp Danny
Bought by
Gregory Christopher Q and Gregory Joshua Wayne
Seller's Agent
Cal Findley
Keller Williams Indy Metro S
Buyer's Agent
Cal Findley
Keller Williams Indy Metro S
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
Original Mortgage
$67,500
Interest Rate
4.44%
Mortgage Type
New Conventional
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
Hohmann Joseph -- Denali Title & Escrow Agency
Gregory Christopher Q -- Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hohmann Joseph $90,000
Previous Owner Gregory Christopher Q $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2021 07/13/21 Sold $120,000 -11.0% --
05/14/2021 05/14/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $134,900 0.0% --
04/26/2021 04/26/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $134,900 +49.9% --
05/08/2018 05/08/18 Sold $90,000 0.0% -- View Prior Sale
05/08/2018 05/08/18 For Sale $90,000 -- --
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 $3,763 $156,200 $32,000 $124,200
2024 $3,763 $170,100 $32,000 $138,100
2023 $2,081 $93,500 $26,000 $67,500
2022 $2,025 $90,800 $26,000 $64,800
2021 $1,898 $85,100 $26,000 $59,100
2020 $1,898 $85,100 $26,000 $59,100
2019 $1,853 $83,100 $24,000 $59,100
2018 $1,662 $83,100 $24,000 $59,100
2017 $1,578 $78,900 $24,000 $54,900
2016 $1,582 $79,100 $24,000 $55,100
2014 $1,566 $78,300 $24,000 $54,300
2013 $1,566 $78,300 $24,000 $54,300
Source: Public Records

Agents Affiliated with this Home

  • Cal Findley

    Seller's Agent in 2021

    Cal Findley

    Keller Williams Indy Metro S

    (317) 408-8288

    46 in this area

    94 Total Sales

    Cal Findley
    Section Image

  • K

    Buyer's Agent in 2021

    Kevin Harcourt

    Crossroads Real Estate Group LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21778349

MIBOR Broker Listing Cooperative®

APN: 41-08-15-044-006.000-009

Indiana Johnson County Franklin 46131

750 W Madison St, Franklin, IN

Not Listed for Sale

MultiFamily

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