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1433 South Center Lane

1433 South Center Lane, Franklin, IN 46131
Property in Franklin
Sold May 09, 2013
$118,600
$25,000 by Jp Morgan Chase Bank
Mortgage Due Dec 01, 2049
Sold Nov 16, 2012
$114,100
$112,535 by Key Bank Na
Mortgage Due Nov 01, 2042
Local assessors in Franklin, IN have categorized 1433 South Center Lane as a residential type of property. The home was built in 1972 and is 52 years old. The property's lot size has been calculated to be 15,751 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 1,050 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1433 South Center Lane has a total of 1,790 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,190 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from none system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 968 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 1433 South Center Lane sold most recently in Apr 30, 2013 for a total of $118,600. If you work out the math, that's approximately a cost of $66.26 per sqft. Before that, the property was also sold for $114,100 in Oct 22, 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 $2,360 in taxes each year. 1433 South Center Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $237,400. If we break it down further, the land itself was valued at $21,900. Improvements to the property, however, were assessed at a total of $215,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1972
  • Effective Year Built: 1972
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,190
  • Garage Type: Attached
  • Garage Square Area: 968
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,751
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 1,790
  • Building Area: 1,790
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,790
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: B RAMSEY 3RD SUB
  • Land Acres: 0.362
  • Standard Land Use Code: Single family residential
  • Legal Description 1: J B RAMSEY 3RD SUB LOT 28 MP FRANKLIN COMMUNI

Ownership

  • Current Owner : HEINEY JACOB PATRICK
  • Current Owner 2: HEINEY KIMBERLY N
  • Previous Owner : SCHAEFER ROBERT L
  • Previous Owner 2: SCHAEFER PENNY A
  • Owner Before Previous Owner: ROBERTSON MARCUS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Community School Corporation
  • Census Tract: 610801

Geography

  • Account Number: 51212702026/00
  • District: 0003
  • Parcel: 41-08-27-013-024.000-008
  • Lot: 28
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 39.458
  • Longitude: -86.0716

    Address

  • Full Address: 1433 S Center Ln
  • Address - House Number: 1433
  • Street Direction: S
  • Address - Street Name: Center
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Franklin
  • Carrier Code: R010
  • 4-Digit Zip Code: 7803
  • Zip Code: 46131

Valuation

    Tax

  • Total Area: 2,380
  • Tax Year: 2022
  • Tax Amount: $2,360
  • Tax Rate Code Area: 8:FRANKLIN

    Appraisal Valuation

  • Standard Deviation: 0.2381
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 66
  • Final Value: 311,972
  • High Value: 386,259
  • Low Value: 237,684

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $137,644
  • First Open Lien Mortgage Lender: JP MORGAN CHASE BANK
  • First Open Lien Mortgage Recording Date: Dec 09, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $25,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049
  • Second Open Lien Mortgage Lender: BARRINGTON BANK & TRUST CO NA
  • Second Open Lien Mortgage Recording Date: May 21, 2020
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $112,644
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: VA
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $237,400
  • Market Land Value: $21,900
  • Market Improvement Value: $215,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,400
  • Assessed Land Value: $21,900
  • Assessed Improvements Value: $215,500

    Sales

  • Current Sale Contract Date: Apr 30, 2013
  • Current Sale Recording Date: May 09, 2013
  • Current Sale Transaction ID: 1140497505
  • Current Sale Price: $118,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2013-011363
  • Previous Sale Recording Date: Nov 16, 2012
  • Previous Sale Contract Date: Oct 22, 2012
  • Previous Sale Amount: $114,100
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: May 09, 2013
  • First Mortgage Loan Amount: $117,012
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: KEY BANK NA
  • Previous Mortgage Transaction Date: Nov 16, 2012
  • Previous Mortgage Loan Amount: $112,535
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2042

About Johnson



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Frequently Asked Questions

What neighborhood is 1433 South Center Lane located in?
The 1433 South Center Lane is a located in the neighborhood of Franklin in Johnson, Franklin.
What is the average sales price for listings in 1433 South Center Lane?
The average sales price for units in 1433 South Center Lane is $0 currently.

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