NOT LISTED FOR SALE

997 Colonial Way Franklin, IN 46131

Estimated Value: $241,000 - $258,802

3 Beds
2 Baths
1,600 Sq Ft
$157/Sq Ft Est. Value

Last Sold April 14, 2016

Last sale price $105,000 $66 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,520/month

5 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Walk-In Closet
  • Cathedral Ceiling
  • Woodwork
  • Forced Air Heating and Cooling System

About This Home

As of April 2016

3 bedroom, 2 full bath, 2 car garage ranch home with an open concept. 1,600 Sq. Ft and perfect for entertaining. Nice master bedroom with it's own bath and walk-in closet. All appliances stay except the washer and dryer. New blinds and interior paint. Great Room is large with a cathedral ceiling and overlooks the kitchen. Community clubhouse, swimming pool, basketball, volleyball, tennis court, trails, ponds, playground areas and a 6 acre park.

Last Agent to Sell the Property

Mike Watkins

Mike Watkins Real Estate Group License #RB14006793 Listed on: 03/01/2016

Co-Listed By

Pat Watkins

Mike Watkins Real Estate Group License #RB14036818

Last Buyer's Agent

Beth McNabb

Keller Williams Indy Metro S License #RB14038659

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,082

Year Built

  • Built in 2008

Lot Details

  • 7,754

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,600 Sq Ft Home
  • Woodwork
  • Cathedral Ceiling
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Garage
  • Driveway

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 7,754 Sq Ft Lot

Community Details

  • Association fees include clubhouse, insurance, maintenance, parkplayground, pool, tennis court(s)
  • Heritage Subdivision
  • Property managed by Main Street Management

Listing and Financial Details

  • Assessor Parcel Number 410812022061000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,082

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 2008
  • Co List Office Phone: 317-882-6453
  • Garage Y N: Yes
  • Lot Size Acres: 0.178
  • Subdivision Name: HERITAGE
  • Inspection Warranties: General
  • Property Description: 3 bedroom, 2 full bath, 2 car garage ranch home with an open concept. 1,600 Sq. Ft and perfect for entertaining. Nice master bedroom with it's own bath and walk-in closet. All appliances stay except the washer and dryer. New blinds and interior paint. Great Room is large with a cathedral ceiling and overlooks the kitchen. Community clubhouse, swimming pool, basketball, volleyball, tennis court, trails, ponds, playground areas and a 6 acre park.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, MicroHood, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Walk-in Closet(s), Wood Work Painted
  • Living Area: 1600
  • Other Equipment: Smoke Detector
  • Room Count: 5
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1600
  • Main Level Sq Ft: 1600
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: TubFull,Tub Garden,Main Level,Closet Walk in
  • Total Sq Ft: 1600
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Slab
  • List Price: 114900
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Garage Door Opener

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: Main Street Management

Fee Information

  • Association Fee Includes: Clubhouse, Insurance, Maintenance, ParkPlayground, Pool, Tennis Court(s)
  • Mandatory Fee: 350

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 410812022061000018
  • Acres: <1/4 Acre
  • Lot Information: Corner,Storm Sewer,Street Lights
  • Lot Number: 367
  • Lot Size: 7,754

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1082
  • Semi Annual Property Tax Amt: 541
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2016
Closed on
Apr 14, 2016
Sold by
Reed Brent P
Bought by
Wright Amy M
Seller's Agent
Mike Watkins
Mike Watkins Real Estate Group
Buyer's Agent
Beth McNabb
Keller Williams Indy Metro S
List Price
$114,900
Sold Price
$105,000
Premium/Discount to List
-$9,900
-8.62%
Current Estimated Value
$250,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,951
Avg. Annual Appreciation
9.61%

Purchase Details

Listed on
Jun 2, 2013
Closed on
Jul 23, 2013
Sold by
The Secretary Of Hud
Bought by
Reed Brent P
Seller's Agent
Scott Smith
Keller Williams Indy Metro S
Buyer's Agent
Phillip Hawkins
Indiana Real Estate Group, LLC
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
5.83%
Original Mortgage
$90,670
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 22, 2013
Sold by
Everbank
Bought by
Secretary Of Hud

Purchase Details

Closed on
Mar 21, 2013
Sold by
Howell Donald S and Howell Patricia M
Bought by
Everbank

Purchase Details

Closed on
Jun 13, 2008
Sold by
C P Morgan Communities L P
Bought by
Howell Donald S and Howell Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,675
Interest Rate
6.05%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Wright Amy M -- Attorney
Reed Brent P -- None Available
Secretary Of Hud -- None Available
Everbank $143,732 None Available
Howell Donald S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reed Brent P $90,670
Previous Owner Howell Donald S $129,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2016 04/14/16 Sold $105,000 0.0% $66 / Sq Ft
03/07/2016 03/07/16 Off Market $105,000 -- --
03/01/2016 03/01/16 For Sale $114,900 +27.7% $72 / Sq Ft
07/25/2013 07/25/13 Sold $90,000 0.0% $56 / Sq Ft
06/11/2013 06/11/13 Pending -- -- --
06/01/2013 06/01/13 For Sale $90,000 -- $56 / 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 $2,262 $213,800 $31,000 $182,800
2024 $2,262 $205,300 $31,000 $174,300
2023 $2,227 $201,900 $31,000 $170,900
2022 $2,064 $186,000 $31,000 $155,000
2021 $1,749 $158,600 $31,000 $127,600
2020 $1,455 $133,000 $31,000 $102,000
2019 $1,428 $130,700 $14,900 $115,800
2018 $1,223 $127,700 $14,900 $112,800
2017 $1,159 $114,900 $14,900 $100,000
2016 $1,109 $117,000 $14,900 $102,100
2014 $1,081 $108,100 $25,200 $82,900
2013 $1,081 $109,000 $25,200 $83,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mike Watkins

    Mike Watkins Real Estate Group

  • Pat Watkins

    Seller Co-Listing Agent in 2016

    Pat Watkins

    Mike Watkins Real Estate Group

    (317) 698-9566

    23 in this area

    604 Total Sales

    Pat Watkins
    Section Image

  • B

    Buyer's Agent in 2016

    Beth McNabb

    Keller Williams Indy Metro S

  • Scott Smith

    Seller's Agent in 2013

    Scott Smith

    Keller Williams Indy Metro S

    (317) 884-5000

    16 in this area

    685 Total Sales

    Scott Smith
    Section Image

  • P

    Buyer's Agent in 2013

    Phillip Hawkins

    Indiana Real Estate Group, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21401442

MIBOR Broker Listing Cooperative®

APN: 41-08-12-022-061.000-018

Indiana Johnson County Franklin 46131

997 Colonial Way, Franklin, IN

This home is located at 997 Colonial Way, Franklin, IN 46131 since 01 March 2016 and is currently estimated at $250,951, approximately $156 per square foot. This property was built in 2008. 997 Colonial Way is a home located in Johnson County with nearby schools including Needham 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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