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1011 Millstone Court

1011 Millstone Court, Franklin, IN 46131
Property in Needham
Sold Feb 25, 2022
$188,800
$151,000 by Forum Credit Union
Mortgage Due Mar 01, 2040
Sold Aug 22, 2018
$220,300
$176,200 by Union Savings Bank
Mortgage Due Sep 01, 2048
1011 Millstone Court has been categorized by the local assessors in Franklin, IN as a residential type of property. The building on the property was first built in 2004 and is 20 years old. The home has a total of 11 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1011 Millstone Court has 3,470 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 10,585 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from none system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1011 Millstone Court sold most recently in Feb 15, 2022 for a total of $188,800. If you work out the math, that's approximately a cost of $54.41 per sqft. Before that, the property was also sold for $220,300 in Aug 17, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,922 in taxes each year. 1011 Millstone Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $289,500. If we break it down further, the land itself was valued at $31,000. Improvements to the property, however, were assessed at a total of $258,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,585
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 850
  • Total Building Area: 3,470
  • Building Area: 3,470
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,470
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: HERITAGE SEC 1
  • Land Acres: 0.243
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HERITAGE SEC 1 LOT 13 MP FRANKLIN COMMUNI

Ownership

  • Current Owner : TAVARES DEBORAH N
  • Current Owner 2: TAVARES GERMANO
  • Previous Owner : TAVARES DEBORAH N
  • Owner Before Previous Owner: DOSS CHAD A
  • Owner Before Previous Owner 2: DOSS AMANDA D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Community School Corporation
  • Census Tract: 611200

Zoning

  • Zoning: PUD

Geography

  • Account Number: 41001204146/00
  • District: 0005
  • Section: 1
  • Parcel: 41-08-12-023-026.000-018
  • Lot: 13
  • Municipality: NEEDHAM TOWNSHIP
  • Latitude: 39.5011
  • Longitude: -86.0414

    Address

  • Full Address: 1011 Millstone Ct
  • Address - House Number: 1011
  • Address - Street Name: Millstone
  • Address - Suffix Type: Ct
  • State: IN
  • City Name: Franklin
  • Carrier Code: R013
  • 4-Digit Zip Code: 3600
  • Zip Code: 46131

Valuation

    Tax

  • Total Area: 3,302
  • Tax Year: 2022
  • Tax Amount: $2,922
  • Tax Rate Code Area: 18:FRNKLN-

    Appraisal Valuation

  • Standard Deviation: 0.213
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 70
  • Final Value: 326,246
  • High Value: 395,759
  • Low Value: 256,733

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $151,000
  • First Open Lien Mortgage Lender: FORUM CREDIT UNION
  • First Open Lien Mortgage Recording Date: Feb 25, 2022
  • First Open Lien Mortgage Loan Amount: $151,000
  • First Open Lien Mortgage Term: 216
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2040

    Market Valuation

  • Market Total Value: $289,500
  • Market Land Value: $31,000
  • Market Improvement Value: $258,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $289,500
  • Assessed Land Value: $31,000
  • Assessed Improvements Value: $258,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 15, 2022
  • Current Sale Recording Date: Feb 25, 2022
  • Current Sale Transaction ID: 11881006232
  • Current Sale Price: $188,800
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 4317
  • Previous Sale Recording Date: Aug 22, 2018
  • Previous Sale Contract Date: Aug 17, 2018
  • Previous Sale Amount: $220,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FORUM CREDIT UNION
  • First Mortgage Transaction Date: Feb 25, 2022
  • First Mortgage Loan Amount: $151,000
  • First Mortgage Terms: 216
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: UNION SAVINGS BANK
  • Previous Mortgage Transaction Date: Aug 22, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $176,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2048

About Franklin



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Frequently Asked Questions

What neighborhood is 1011 Millstone Court located in?
The 1011 Millstone Court is a located in the neighborhood of Needham in Franklin, Franklin.
What is the average sales price for listings in 1011 Millstone Court?
The average sales price for units in 1011 Millstone Court is $0 currently.

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