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3348 Franklin Street

3348 Franklin Street, Highland, IN 46322
Property in North
Sold Aug 06, 2021
$198,800
$159,000 by Guaranteed Rate Inc
Mortgage Due Sep 01, 2051
Sold Jan 25, 2017
$123,200
$121,567 by Academy Mortgage Corp
Mortgage Due Jan 01, 2047
Local assessors in Highland, IN have categorized 3348 Franklin Street as a residential type of property. The home was built in 1957 and is 67 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 8,833 square feet. The linear feet between the front and back of the lot was measured at 1,210 ft and the front of the lot was measured at 730 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 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 3348 Franklin Street has a total of 1,082 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 a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 506 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. 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 and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3348 Franklin Street was last sold in Aug 3, 2021 for $198,800. According to our calculations, that's $91.87 per sqft. Prior to that sales transaction, the property was sold for $123,200 in Oct 25, 2016. Current property owners are expected to pay $4,192 in taxes per year. The property on 3348 Franklin Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $216,200. To break that down further, the land itself was valued at $48,900. While improvements to the property were assessed at a total of $167,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior / Wood Exterior
Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,082
  • Garage Type: Detached
  • Garage Square Area: 506
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,833
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 730
  • Total Building Area: 2,164
  • Gross Building Area: 2,164
  • Building Area: 1,082
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,082
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GOLFMOOR
  • Land Acres: 0.203
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: GOLFMOOR L.18 & L.17 BL.5

Ownership

  • Current Owner : LIN SHAWN
  • Current Owner 2: CHEN KEN
  • Previous Owner : JORDAN THOMAS A
  • Previous Owner 2: JORDAN CONNIE L
  • Owner Before Previous Owner: CARTER PATRICIA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Highland School Town
  • Census Tract: 040700

Geography

  • Assessors Map Reference: MP I27-075 1
  • District: 0007
  • Parcel: 45-07-22-306-009.000-026
  • Block: 5
  • Lot: 18
  • Municipality: NORTH TOWNSHIP
  • Latitude: 41.5581
  • Longitude: -87.4473

    Address

  • Full Address: 3348 Franklin St
  • Address - House Number: 3348
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: IN
  • City Name: Highland
  • Carrier Code: C037
  • 4-Digit Zip Code: 1740
  • Zip Code: 46322

Valuation

    Tax

  • Total Area: 2,164
  • Tax Year: 2022
  • Tax Amount: $4,192
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2761
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 60
  • Final Value: 248,128
  • High Value: 316,641
  • Low Value: 179,615

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $159,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Aug 06, 2021
  • First Open Lien Mortgage Loan Amount: $159,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $216,200
  • Market Land Value: $48,900
  • Market Improvement Value: $167,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $216,200
  • Assessed Land Value: $48,900
  • Assessed Improvements Value: $167,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 03, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Transaction ID: 11855153424
  • Current Sale Price: $198,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-521783
  • Previous Sale Recording Date: Jan 25, 2017
  • Previous Sale Contract Date: Oct 25, 2016
  • Previous Sale Amount: $123,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Aug 06, 2021
  • First Mortgage Loan Amount: $159,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ACADEMY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 25, 2017
  • Previous Mortgage Loan Amount: $121,567
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2047

About Highland



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Frequently Asked Questions

What neighborhood is 3348 Franklin Street located in?
The 3348 Franklin Street is a located in the neighborhood of North in Highland, Highland.
What is the average sales price for listings in 3348 Franklin Street?
The average sales price for units in 3348 Franklin Street is $0 currently.

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