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1598 Thornburg Lane

1598 Thornburg Lane, Franklin, IN 46131
Property in Needham
Sold Jun 17, 2021
$251,800
$248,417 by Approved Mortgage Corp
Mortgage Due Jul 01, 2051
Sold Jul 13, 2018
$19,750
Local assessors in Franklin, IN have categorized 1598 Thornburg Lane as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 13,068 square feet. The linear feet between the front and back of the lot was measured at 1,510 ft and the front of the lot was measured at 850 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1598 Thornburg Lane has a total of 2,023 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 1,196 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 11, 2021 for $251,800. That's $124.47 per sqft. Prior to that sales transaction, the property was also sold in Jul 12, 2018 for $19,750. 1598 Thornburg Lane was last assessed in 2023. The total value of the property was assessed at $312,500. Specifically, the land the property is located on was valued at $43,400. While improvements on the property were assessed at a total of $269,100. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,256. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior / Wood Exterior
Composition Board Siding
Wood Exterior

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • 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: 1,196
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,023
  • Building Area: 2,023
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,023
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: JEFFERSON MEADOWS SEC 3
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JEFFERSON MEADOWS SEC 3 LOT 91 MP FRANKLIN COMMUNI

Ownership

  • Current Owner : WALTS BRET
  • Current Owner 2: SCHMIDT CALLAHAN
  • Previous Owner : GRAY KATHRYN M
  • Owner Before Previous Owner: GRAY JR MR REX D
  • Owner Before Previous Owner 2: GRAY KATHRYN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Community School Corporation
  • Census Tract: 611100

Geography

  • Account Number: 41001304013/00
  • District: 0005
  • Section: 3
  • Parcel: 41-08-13-041-058.000-018
  • Lot: 91
  • Municipality: NEEDHAM TOWNSHIP
  • Latitude: 39.4821
  • Longitude: -86.0306

    Address

  • Full Address: 1598 Thornburg Ln
  • Address - House Number: 1598
  • Address - Street Name: Thornburg
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Franklin
  • Carrier Code: C008
  • 4-Digit Zip Code: 8862
  • Zip Code: 46131

Valuation

    Tax

  • Total Area: 2,023
  • Tax Year: 2022
  • Tax Amount: $3,256
  • Tax Rate Code Area: 18:FRNKLN-

    Appraisal Valuation

  • Standard Deviation: 0.2552
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 63
  • Final Value: 323,963
  • High Value: 406,641
  • Low Value: 241,286

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $248,417
  • First Open Lien Mortgage Lender: APPROVED MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 17, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $248,417
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $312,500
  • Market Land Value: $43,400
  • Market Improvement Value: $269,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,500
  • Assessed Land Value: $43,400
  • Assessed Improvements Value: $269,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 11, 2021
  • Current Sale Recording Date: Jun 17, 2021
  • Current Sale Transaction ID: 11841126316
  • Current Sale Price: $251,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-018116
  • Previous Sale Recording Date: Jul 13, 2018
  • Previous Sale Contract Date: Jul 12, 2018
  • Previous Sale Amount: $19,750
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: APPROVED MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 17, 2021
  • First Mortgage Loan Amount: $248,417
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Franklin



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Frequently Asked Questions

What neighborhood is 1598 Thornburg Lane located in?
The 1598 Thornburg Lane is a located in the neighborhood of Needham in Franklin, Franklin.
What is the average sales price for listings in 1598 Thornburg Lane?
The average sales price for units in 1598 Thornburg Lane is $0 currently.

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