Check Availability
Franklin 46131
1290 Northcraft Court
$285,000
↓ $15K (5%)
House - For Sale

1290 Northcraft Court

Franklin, IN 46131
bedrooms
5 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
3218 Sqft
$1,650
Estimated Monthly
$250
HOA / Fees
10.98%
Cap Rate

About This Property

With tremendous potential for both investors and owner-occupants willing to invest sweat equity, this property presents an incredible opportunity to create the home of your dreams in one of Indiana's most desirable communities.    Nestled within the sought-after community of Franklin, Indiana, this spacious 5-bedroom, 2.5-bathroom has boundless potential! Boasting 3216 square feet of living space, this corner lot property is priced a remarkable $75,000 below comparable sized homes in the neighborhood, presenting an exceptional value proposition for savvy buyers. While some light renovations are required, the potential for customization and enhancement is limitless. As you step inside, you'll be greeted by a layout that encompasses a living room, family room, hearth room, dining room, and loft, providing ample space for both relaxation and entertaining. The well-appointed kitchen serves as the heart of the home, offering a central hub for culinary creations and family gatherings. With five generously sized bedrooms and two and a half baths, there's plenty of room to accommodate the needs of a growing family or host overnight guests with ease. Outside, a fully fenced rear yard provides security for pets and is perfect for outdoor activities.   Beyond the confines of this home, Franklin, Indiana, offers a plethora of amenities and attractions to explore. The downtown area has undergone a stunning renovation, boasting a vibrant array of small businesses, shops, a vintage movie theater, and delectable eateries, adding to the town's allure and charm. From its highly rated local college to its excellent park services which include a gorgeous aquatic center and music amphitheater for summer concerts, an weekly farmer's market, there's no shortage of recreational opportunities for residents of all ages. Don't miss out on your chance to be a part of Franklin's thriving real estate market - schedule your showing today!

The manager has listed the unit size as 3218 square feet.
Unit Size
3,218Ft²
Days on Market
47 days
Land Size
0.22 acres
Price per sqft
$89
Property Type
House
Property Taxes
-
HOA Dues
$250
Year Built
2019
Listed By
Liz Grimes
Hoosier, REALTORS®
Last updated: 18 days ago (MIBORIN #21968171)

Price History

Date / Event Date Event Price
Apr 13, 2024 Price Decreased $285,000
↓ $15K (5%)
Price Decreased
Mar 14, 2024 Listed by Hoosier REALTORS LLC $299,911
Listed by Hoosier REALTORS LLC

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Vinyl Siding

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Total Rooms: 13
  • Bedroom Count: 5
  • 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: 503
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,644
  • Total Building Area: 3,218
  • Building Area: 3,218
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,218
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: CUMBERLAND TRACE SECTION THREE SUB
  • Land Acres: 0.221
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CUMBERLAND TRACE SEC 3 LOT 97 MP FRANKLIN COMMUNI

Ownership

  • Current Owner : COOMBS SHAWN MICHAEL
  • Previous Owner : ARBOR HOMES
  • Owner Before Previous Owner: WEST FRANKLIN HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Community School Corporation
  • Census Tract: 610802

Geography

  • Account Number: 410810033101000009
  • District: 0003
  • Section: 3
  • Parcel: 41-08-10-033-101.000-009
  • Lot: 97
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 39.4961
  • Longitude: -86.0815

    Address

  • Full Address: 1290 Northcraft Ct
  • Address - House Number: 1290
  • Address - Street Name: Northcraft
  • Address - Suffix Type: Ct
  • State: IN
  • City Name: Franklin
  • Carrier Code: R011
  • 4-Digit Zip Code: 9239
  • Zip Code: 46131

Valuation

    Tax

  • Total Area: 3,218
  • Tax Year: 2022
  • Tax Amount: $3,233
  • Tax Rate Code Area: 9:FRANKLIN

    Appraisal Valuation

  • Standard Deviation: 0.1499
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 81
  • Final Value: 306,232
  • High Value: 352,148
  • Low Value: 260,315

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $199,585
  • First Open Lien Mortgage Lender: SUN WEST MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Sep 20, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $199,585
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $313,100
  • Market Land Value: $40,300
  • Market Improvement Value: $272,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $313,100
  • Assessed Land Value: $40,300
  • Assessed Improvements Value: $272,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 25, 2019
  • Current Sale Recording Date: Feb 28, 2019
  • Current Sale Transaction ID: 11589258186
  • Current Sale Price: $203,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-003983
  • Previous Sale Recording Date: Sep 12, 2018
  • Previous Sale Contract Date: Sep 06, 2018
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Feb 28, 2019
  • First Mortgage Loan Amount: $200,609
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,804 ft²
$188/ft²
$339,900 Dec 28, 2023
-
$275/mo

About Franklin


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Frequently Asked Questions

When was property at 1290 Northcraft Court built and last sold?
The property at 1290 Northcraft Court was built in 2019 and last sold on Feb 25, 2019 for $203,300.
How much is this home worth?
The estimated value of the home located at 1290 Northcraft Court is $302,910.
What are some comparable homes to 1290 Northcraft Court?
Homes that are comparable to 1290 Northcraft Court include a house property at 1303 Crabapple Road, located in Franklin, IN.

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