NOT LISTED FOR SALE

853 Colonial Way Franklin, IN 46131

Estimated Value: $242,000 - $257,121

3 Beds
2.5 Baths
2,046 Sq Ft
$122/Sq Ft Est. Value

Last Sold February 13, 2013

Last sale price $112,000 $55 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,552/month

Highlights

  • Walk-In Closet
  • Combination Kitchen and Dining Room
  • Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2016

Reduced deposit and 18-month lease option for a limited time. Pay just 75% of your base rent (taxes and fees not included) as your security deposit. This offer is valid for new applicants who sign a 12-month (or longer) lease by November 30, 2025. The 18-month lease option is valid for new applicants who sign an 18-month lease and is limited to the first 500 executed leases. Base rent will remain at the 12-month lease rate for the duration of the 18-month term. Offers are contingent on application approval and execution of a lease agreement. Other terms and conditions may apply. This property is professionally managed by AMH Living, a leading single-family rental company. We work to simplify your rental experience by offering self-guided tours and a streamlined leasing process you can complete all online, all on your own schedule. Once moved in, we provide maintenance support that you can rely on, so you can enjoy your weekends stress-free. We look forward to welcoming you home! See Today, Sign Today™ Take a self-guided tour of this property using our Let Yourself In® service to view the space on your own schedule, without an agent. And if your documents are in order, you might even view a home and sign a lease on the same day! Utilities, taxes, and other fees may apply. Please verify and confirm all information before signing a lease. If you have questions, don’t hesitate to contact us at the telephone number on this property listing. All lease applications, documentation, and initial payments for this property, must be submitted directly through or by phone. The photos, renderings, or other images of the properties on our website, are for illustrative purposes only, and may vary from the features, amenities, or phase of construction. We do not advertise properties on Craigslist, Facebook Marketplace, or other classified advertising websites. If you believe one of our residences is listed there, please notify us. For further description of applicable fees, please go to our website.

Last Agent to Rent the Property

Chirine Powell

Dropped Members License #RB14040664 Listed on: 12/09/2015

Last Renter's Agent

Chirine Powell

Dropped Members License #RB14040664 Listed on: 12/09/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,907

Year Built

  • Built in 2007

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • Garage

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Heritage Subdivision

Listing and Financial Details

  • Security Deposit $1,225
  • Tenant pays for cable tv insurance lawncare trash collection all utilities
  • The owner pays for ho fee
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 410812022079000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,907

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV,Insurance,Lawncare,Trash Collection,All Utilities
  • Lease Price: 1225.00
  • Min Lease Req: 12
  • Security Deposit: 1225

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2012
  • Year Built: 2007
  • Garage Y N: Yes
  • Lot Size Acres: 0.13
  • Subdivision Name: HERITAGE
  • Inspection Warranties: Not Applicable
  • Property Description: Spacious 3 bedroom 2.5 bathroom home with a pond view. Master bathroom features dual sinks and garden tub. Beautiful fireplace in living room.
  • Transaction Type: Lease
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher,Disposal,Electric Oven,Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Walk-in Closet(s)
  • Living Area: 2046
  • Other Equipment: Smoke Detector
  • Owner Pays: HO Association Fee
  • Room Count: 6
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2046
  • Main Level Sq Ft: 830
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Sinks Double
  • Total Sq Ft: 2046
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1216
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 0

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Condo/Co-op/Association

  • Pets Allowed: W/Approval

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 410812022079000018
  • Acres: <1/4 Acre
  • Lot Number: 357
  • Lot Size: 50x120

Green Features

  • Green Certification Y N: 0

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2014
Sold by
American Homes 4 Rent Properties One Llc
Bought by
Amh 2014 3 Borrower Llc
Current Estimated Value
$248,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,418
Outstanding Balance
$404,338
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$155,558

Purchase Details

Listed on
Oct 31, 2011
Closed on
Feb 13, 2013
Sold by
Krekotnev Maxim A
Bought by
American Homes 4 Rent Properties One Llc
Seller's Agent
David Ebeyer
Ebeyer Realty, LLC
Buyer's Agent
Susan Kent
Kent Property Group, Inc
List Price
$112,000
Sold Price
$112,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%

Purchase Details

Closed on
May 20, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Krekotnev Maxim A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2010
Sold by
U S Bank N A
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2010
Sold by
Clpper Fredrick E and Clpper Stephsanie L
Bought by
U S Bank N A

Purchase Details

Closed on
Oct 17, 2007
Sold by
C P Morgan Communities L P
Bought by
Clapper Fredrick E and Clapper Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,910
Interest Rate
6.38%
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
Amh 2014 3 Borrower Llc -- None Available
American Homes 4 Rent Properties One Llc -- None Available
Krekotnev Maxim A $115,000 Total Title Llc
Federal Home Loan Mortgage Corporation -- None Available
U S Bank N A $97,175 None Available
Clapper Fredrick E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amh 2014 3 Borrower Llc $528,418
Previous Owner Krekotnev Maxim A $92,000
Previous Owner Federal Home Loan Mortgage Corporation $92,000
Previous Owner Clapper Fredrick E $135,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2025 11/04/25 Off Market $1,835 -- --
10/14/2025 10/14/25 Price Changed $1,835 -0.5% $1 / Sq Ft
10/04/2025 10/04/25 For Rent $1,845 +50.6% --
01/07/2016 01/07/16 Rented -- -- --
12/09/2015 12/09/15 For Rent $1,225 +6.5% --
05/14/2013 05/14/13 Rented $1,150 0.0% --
05/14/2013 05/14/13 Under Contract -- -- --
05/01/2013 05/01/13 For Rent $1,150 0.0% --
02/13/2013 02/13/13 Sold $112,000 0.0% $55 / Sq Ft View Prior Sale
01/17/2013 01/17/13 Pending -- -- --
10/31/2011 10/31/11 For Sale $112,000 -- $55 / 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 $2,907 $230,400 $31,000 $199,400
2024 $2,907 $131,400 $31,000 $100,400
2023 $2,924 $131,400 $31,000 $100,400
2022 $2,930 $131,400 $31,000 $100,400
2021 $2,930 $131,400 $31,000 $100,400
2020 $2,930 $131,400 $31,000 $100,400
2019 $2,930 $137,700 $12,500 $125,200
2018 $2,362 $117,600 $12,500 $105,100
2017 $2,362 $117,600 $12,500 $105,100
2016 $2,346 $131,400 $12,500 $118,900
2014 $2,302 $115,100 $19,500 $95,600
2013 $2,302 $116,100 $19,500 $96,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21390553

MIBOR Broker Listing Cooperative®

APN: 41-08-12-022-079.000-018