NOT LISTED FOR SALE

Estimated Value: $253,610 - $272,000

3 Beds
2 Baths
1,418 Sq Ft
$186/Sq Ft Est. Value

Last Sold August 19, 2019

Last sale price $161,300 $114 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,800/month

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Franklin Central High School Rated A-
  • 2 Car Attached Garage
  • Family or Dining Combination

About This Home

As of November 2019

Welcome to this beautiful 3 bedroom 2 bathroom ranch in Franklin. Large open living room which connects to the dining adjacent to the kitchen. Hardwood flooring throughout the main living area. Large backyard with deck perfect for entertaining. This home is professionally managed by FirstKey Homes.

Last Agent to Rent the Property

Leah McNeil

Up&Up Leasing Listed on: 09/24/2019

Co-Listed By

Brooke Gibeaut

First Key Homes, LLC

Last Renter's Agent

Leah McNeil

Up&Up Leasing Listed on: 09/24/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 10,001 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,418 Sq Ft Home
  • Vaulted Ceiling
  • Family or Dining Combination
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Southern Springs Subdivision
  • Property managed by Crossroads Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Security Deposit $1,265
  • Tenant pays for insurance, all utilities
  • The owner pays for ho fee, insurance
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 491522107020000300

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Insurance, All Utilities
  • Lease Price: 1265.00
  • Min Lease Req: 12
  • Pet Deposit: 250
  • Security Deposit: 1265
  • Leased Type: Leased
  • Lease Termin Months: 12

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1996
  • Co List Office Phone: 317-762-6650
  • Garage Y N: Yes
  • Lot Size Acres: 0.2296
  • Subdivision Name: SOUTHERN SPRINGS
  • Inspection Warranties: Not Applicable
  • Property Description: Welcome to this beautiful 3 bedroom 2 bathroom ranch in Franklin. Large open living room which connects to the dining adjacent to the kitchen. Hardwood flooring throughout the main living area. Large backyard with deck perfect for entertaining. This home is professionally managed by FirstKey Homes.
  • Transaction Type: Lease
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, MicroHood, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Interior Amenities: Attic Pull Down Stairs, Vaulted Ceiling(s)
  • Living Area: 1418
  • Other Equipment: Smoke Detector
  • Owner Pays: HO Association Fee, Insurance
  • Room Count: 6
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1418
  • Main Level Sq Ft: 1418
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1418
  • Below Grade Sq Ft: 0

Exterior Features

  • Construction Materials: Brick, Vinyl With Brick
  • Disclosures: Corporate Owned
  • Exterior Features: Driveway Concrete
  • Foundation Details: Slab
  • List Price: 1265
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Connected
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Pets Allowed: Cats OK, Dogs OK
  • Management Company Name: Crossroads Community
  • Management Company Phone: 317-222-1080
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Entrance Common
  • Mandatory Fee: 190

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491522107020000300
  • Acres: <1/4 Acre
  • Lot Information: Corner,Cul-De-Sac
  • Lot Number: 146
  • Lot Size: 10,001

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1352
  • Semi Annual Property Tax Amt: 676
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2020
Sold by
Fkh Sfr Propo A Lp
Bought by
Fkh Sfr Propco A Lp
Current Estimated Value
$263,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$826,242,000
Outstanding Balance
$734,898,180
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
-$734,636,477

Purchase Details

Listed on
Jul 26, 2019
Closed on
Aug 19, 2019
Sold by
Mellinger John E
Bought by
Cerberus Sfr Holdings Iii Lp
Seller's Agent
Janice Kernel
Keller Williams Indy Metro S
Buyer's Agent
Alexis Betancourt
2.0 Brokerage, LLC
List Price
$170,000
Sold Price
$161,300
Premium/Discount to List
-$8,700
-5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%

Purchase Details

Listed on
Jul 27, 2015
Closed on
Oct 8, 2015
Sold by
Walia Maninder S and Walia Gurinder K
Bought by
Mellinger John E
Seller's Agent
David Pinyerd
Buyer's Agent
Tracey Brown
Carpenter, REALTORS®
List Price
$135,000
Sold Price
$131,000
Premium/Discount to List
-$4,000
-2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$117,900
Interest Rate
3.91%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Fkh Sfr Propco A Lp -- None Available
Cerberus Sfr Holdings Iii Lp $161,300 First Integrity Title Company
Mellinger John E -- Chicago Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fkh Sfr Propco A Lp $826,242,000
Previous Owner Mellinger John E $117,900
Previous Owner Walia Maninder S $99,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Rented $1,265 0.0% --
11/15/2019 11/15/19 Under Contract -- -- --
11/14/2019 11/14/19 For Rent $1,265 0.0% --
10/13/2019 10/13/19 Under Contract -- -- --
10/08/2019 10/08/19 Price Changed $1,265 -2.3% $1 / Sq Ft
10/01/2019 10/01/19 Price Changed $1,295 -2.3% $1 / Sq Ft
09/24/2019 09/24/19 For Rent $1,325 0.0% --
08/19/2019 08/19/19 Sold $161,300 -5.1% $114 / Sq Ft
07/27/2019 07/27/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $170,000 +29.8% $120 / Sq Ft
10/08/2015 10/08/15 Sold $131,000 -3.0% $92 / Sq Ft
08/28/2015 08/28/15 Pending -- -- --
07/27/2015 07/27/15 For Sale $135,000 -- $95 / 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 $4,376 $232,000 $34,500 $197,500
2023 $4,376 $213,500 $34,500 $179,000
2022 $4,374 $213,500 $34,500 $179,000
2021 $3,986 $194,200 $34,500 $159,700
2020 $3,363 $163,200 $34,500 $128,700
2019 $1,622 $152,500 $27,500 $125,000
2018 $1,446 $135,200 $27,500 $107,700
2017 $1,386 $129,400 $27,500 $101,900
2016 $1,392 $130,200 $27,500 $102,700
2014 $1,940 $97,000 $27,500 $69,500
2013 $1,902 $91,300 $27,500 $63,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21670986

MIBOR Broker Listing Cooperative®

APN: 49-15-22-107-020.000-300