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1106 North Franklin Road

1106 North Franklin Road, Indianapolis, IN 46219
Property in Far Eastside
Sold Dec 09, 2019
$165,000
$162,011 by Ruoff Mortgage Co Inc
Mortgage
Sold Apr 04, 2012
$137,000
$139,945 by First Republic Mortgage Corp
Mortgage Due Apr 01, 2042
1106 North Franklin Road in Indianapolis, IN was first built in 1976 and is 48 years old. Although, the building on the property was most recently renovated and altered in 1983. This has been categorized as a residential property type. It is a single story home. There are a total of 10 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1106 North Franklin Road has 1,726 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 25,265 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 768 sqft. There are a total of 5 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1106 North Franklin Road sold most recently in Dec 5, 2019 for a total of $165,000. If you work out the math, that's approximately a cost of $66.16 per sqft. Before that, the property was also sold for $137,000 in Mar 30, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,372 in taxes each year. 1106 North Franklin Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $198,100. If we break it down further, the land itself was valued at $13,300. Improvements to the property, however, were assessed at a total of $184,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1976
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 768
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 25,265
  • Total Building Area: 2,494
  • Gross Building Area: 2,494
  • Building Area: 1,726
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,726
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.58
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: 75.5FT E LINE X 332.86FT BEG 755.03 FT NOF SE COR SE1-4 S36 T16 R4 0.58AC

Ownership

  • Current Owner : CARDOSO
  • Current Owner 2: BARON DANIEL
  • Previous Owner : JOHNSON JAMES A
  • Owner Before Previous Owner: OBERTING DONNA V
  • Owner Before Previous Owner 2: OBERTING CHARLES RICHARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Warren Township Metropolitan School District
  • Census Tract: 360602

Geography

  • Assessors Map Reference: 2340-B1
  • District: 0007
  • Section: 360
  • Parcel: 49-07-36-110-012.000-700
  • Meridian: SEC 36 TWN 16 RNG 4
  • Municipality: WARREN TOWNSHIP
  • Latitude: 39.784
  • Longitude: -86.0271

    Address

  • Full Address: 1106 N Franklin Rd
  • Address - House Number: 1106
  • Street Direction: N
  • Address - Street Name: Franklin
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C033
  • 4-Digit Zip Code: 3916
  • Zip Code: 46219

Valuation

    Tax

  • Total Area: 1,726
  • Tax Year: 2022
  • Tax Amount: $2,372
  • Tax Rate Code Area: 700

    Appraisal Valuation

  • Standard Deviation: 0.2343
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 67
  • Final Value: 254,387
  • High Value: 314,004
  • Low Value: 194,770

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $162,011
  • First Open Lien Mortgage Lender: RUOFF MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Dec 09, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $162,011
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $198,100
  • Market Land Value: $13,300
  • Market Improvement Value: $184,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,100
  • Assessed Land Value: $13,300
  • Assessed Improvements Value: $184,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 05, 2019
  • Current Sale Recording Date: Dec 09, 2019
  • Current Sale Transaction ID: 11712319151
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900122863
  • Previous Sale Recording Date: Apr 04, 2012
  • Previous Sale Contract Date: Mar 30, 2012
  • Previous Sale Amount: $137,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE CO INC
  • First Mortgage Transaction Date: Dec 09, 2019
  • First Mortgage Loan Amount: $162,011
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST REPUBLIC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 04, 2012
  • Previous Mortgage Loan Amount: $139,945
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Apr 01, 2042

About Far Eastside



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Frequently Asked Questions

What neighborhood is 1106 North Franklin Road located in?
The 1106 North Franklin Road is a located in the neighborhood of Far Eastside in Far Eastside, Indianapolis.
What is the average sales price for listings in 1106 North Franklin Road?
The average sales price for units in 1106 North Franklin Road is $0 currently.

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