NOT LISTED FOR SALE

5918 S 550 E Franklin, IN 46131

Estimated Value: $296,000 - $446,000

3 Beds
1.5 Baths
1,825 Sq Ft
$206/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $198,500 $109 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,223/month

315 Days on Market

Highlights

  • Ranch Style House
  • L-Shaped Dining Room
  • Horse or Livestock Barn
  • 1 Fireplace
  • Woodwork
  • Shed

About This Home

As of March 2016

Wonderful and peaceful property located on acreage yet not too far from all the amenities of town. 3 bedroom, 1.5 bath, all brick ranch with many spacious rooms. Updates include new geothermal 2014, newer roof, some windows and all doors. Horse/workshop/storage barn 64x130 heated with office & electric. Fenced area for horses, etc. Many mature fruit trees and beautiful landscaping to enjoy. Oversized dog kennel to stay if desired.

Last Agent to Sell the Property

Robyn Agnew

RE/MAX Real Estate Prof License #RB14044889 Listed on: 05/06/2015

RE/MAX Real Estate Prof

Last Buyer's Agent

Don Harrington

RE/MAX Advanced Realty

RE/MAX Advanced Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,612

Year Built

  • Built in 1972

Lot Details

  • 5.38 Acre Lot
  • Partially Fenced Property

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,825 Sq Ft Home
  • Woodwork
  • 1 Fireplace
  • Aluminum Window Frames
  • Window Screens
  • L-Shaped Dining Room
  • Crawl Space
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Well
  • Septic Tank
  • Satellite Dish

Additional Features

  • Shed
  • Horse or Livestock Barn

Listing and Financial Details

  • Assessor Parcel Number 411217044021000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,612

Year Built

Built in 1972

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: 1972
  • Garage Y N: Yes
  • Lot Size Acres: 5.38
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Wonderful and peaceful property located on acreage yet not too far from all the amenities of town. 3 bedroom, 1.5 bath, all brick ranch with many spacious rooms. Updates include new geothermal 2014, newer roof, some windows and all doors. Horse/workshop/storage barn 64x130 heated with office & electric. Fenced area for horses, etc. Many mature fruit trees and beautiful landscaping to enjoy. Oversized dog kennel to stay if desired.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Gas Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Other
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Screens Some, Window Metal, WoodWorkStain/Painted
  • Living Area: 1825
  • Other Equipment: Satellite Dish Rented, Smoke Detector, Water-Softener Rented
  • Room Count: 8
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Dining-L
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1825
  • Main Level Sq Ft: 1825
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Main Level
  • Total Sq Ft: 1825
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Horse, Barn Storage, Driveway Concrete, Fence Partial
  • Foundation Details: Crawl Space
  • List Price: 199900
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Fuel: No Fuel Source
  • Garage Parking Description: Other
  • Garage Parking Other: Service Door,Workshop

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 411217044021000004
  • Acres: 5-10 Acres
  • Lot Information: Not In Subdivision,Rural No Subdivision,Tree Mature,Trees Small
  • Lot Number: 0
  • Lot Size: 5.38

Tax Info

  • Tax Annual Amount: 1612
  • Semi Annual Property Tax Amt: 806
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Edinburgh Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2019
Sold by
Turner Jeffery M and Turner Joann E
Bought by
Turner Joann E
Current Estimated Value
$375,840

Purchase Details

Listed on
May 6, 2015
Closed on
Mar 25, 2016
Sold by
Laforge Christopher and Vanover Kim
Bought by
Turner Jeffery M and Turner Joann E
Seller's Agent
Robyn Agnew
RE/MAX Real Estate Prof
Buyer's Agent
Don Harrington
RE/MAX Advanced Realty
List Price
$229,900
Sold Price
$198,500
Premium/Discount to List
-$31,400
-13.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$194,904
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 10, 2010
Sold by
Clark Philip W and Clark Ruth L
Bought by
Laforge Christopher and Vanover Kim

Purchase Details

Closed on
Nov 5, 2008
Sold by
Clark Ruthy Laverne and Clark Philip Wayne
Bought by
Laforge Christopher and Vanover Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,720
Interest Rate
5.95%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 2007
Sold by
Clark Philip Wayne and Clark Ruth Laverne
Bought by
Clark Ruth Laverne and Clark Philip Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.42%
Mortgage Type
New Conventional
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
Turner Joann E -- Quality Title
Turner Jeffery M -- Chicago Title Company Llc
Laforge Christopher -- None Available
Laforge Christopher -- None Available
Laforge Christopher -- None Available
Laforge Christopher -- Chicago Title Smith Valley
Clark Ruth Laverne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Joann E $21,000
Open Turner Jeffery M $224,867
Previous Owner Turner Jeffery M $194,904
Previous Owner Laforge Christopher $165,016
Previous Owner Laforge Christopher $172,720
Previous Owner Clark Ruth Laverne $183,000
Previous Owner Clark Ruth Laverne $184,000
Previous Owner Clark Philip Wayne $99,804
Previous Owner Clark Philip Wayne $95,358
Previous Owner Clark Philip Wayne $95,112
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $198,500 0.0% $109 / Sq Ft
02/18/2016 02/18/16 Off Market $198,500 -- --
07/31/2015 07/31/15 Price Changed $199,900 -11.1% $110 / Sq Ft
07/02/2015 07/02/15 Price Changed $224,900 -2.2% $123 / Sq Ft
05/06/2015 05/06/15 For Sale $229,900 -- $126 / 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 $2,636 $271,900 $89,500 $182,400
2024 $2,636 $227,500 $89,500 $138,000
2023 $2,585 $227,500 $89,500 $138,000
2022 $2,748 $227,800 $89,500 $138,300
2021 $1,674 $195,500 $81,500 $114,000
2020 $1,680 $180,100 $80,500 $99,600
2019 $1,488 $167,700 $77,500 $90,200
2018 $1,481 $158,800 $76,200 $82,600
2017 $1,503 $164,100 $76,200 $87,900
2016 $1,594 $164,100 $76,200 $87,900
2014 $1,561 $166,300 $76,200 $90,100
2013 $1,561 $165,700 $76,200 $89,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21351574

MIBOR Broker Listing Cooperative®

APN: 41-12-17-044-023.000-004