See Home Value
Owen 47460
3736 Franklin Road
$951,434*
House - Off Market

3736 Franklin Road

Spencer, IN 47460
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1877 Sqft
$720,000 - $878,000
Reference Base Price*
18.94%
Since Jun 1, 2021
National-US
Primary Model
Sold May 26, 2021
$501,500
$512,280 by Ruoff Mortgage Company Inc
Mortgage Due Jun 01, 2051

About This Property

Drive up the quarter mile long driveway, along the spring fed creek to your completely private, move-in ready ranch home with a breathtaking view from every window. This home has a remarkable great room with soaring ceilings, 2 wood burning fireplaces with stone surround and a fantastic floorplan. Each of the three bedrooms have hard wood floors and closet organization systems already installed. This home also has a large foyer, an eat in kitchen, formal dining room, office space,  and laundry/mud room area with a half bathroom. The full basement offers plenty of storage and the option of another living space. There are 40 tillable acres that are currently leased from by a farmer. This little slice of heaven also has instant equity with the option of timbering. For an aerial video of the land: https://youtu.be/3LBKBzZO3UU

The manager has listed the unit size as 1877 square feet.
Unit Size
1,877Ft²
Days on Market
-
Land Size
160.00 acres
Price per sqft
$426
Property Type
House
Property Taxes
$3,160
HOA Dues
-
Year Built
1968

Price History

Date / Event Date Event Price
May 26, 2021 Sold to Jeremy J Hutchins, Monica P... $501,500
Sold to Jeremy J Hutchins, Monica P...
May 22, 2021 No longer available -
No longer available
Mar 26, 2021 Listed $799,900
Listed

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,671
  • Garage Type: Attached
  • Garage Square Area: 510
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,969,600
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,877
  • Building Area: 1,877
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,877
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 160
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: NW S13 T9 R3 148.45A PT NW S13 T9 R3 9A W 1/2 NW S13 T9 R3 2.55A

Ownership

  • Current Owner : HUTCHINS JEREMY J
  • Current Owner 2: HUTCHINS MONICA PRICE
  • Previous Owner : KING JOANN
  • Previous Owner 2: JOANN KING REVOCABLE TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Spencer-Owen Community Schools
  • Census Tract: 955900

Geography

  • Assessors Map Reference: MP 13-21
  • Account Number: 601713200110000016
  • District: 0001
  • Section: 13
  • Parcel: 60-17-13-200-110.000-016
  • Meridian: SEC 13 TWN 9 RNG 3
  • Municipality: CLAY TOWNSHIP
  • Latitude: 39.2204
  • Longitude: -86.7002

    Address

  • Full Address: 3736 Franklin Rd
  • Address - House Number: 3736
  • Address - Street Name: Franklin
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Spencer
  • Carrier Code: R003
  • 4-Digit Zip Code: 5073
  • Zip Code: 47460

Valuation

    Tax

  • Total Area: 3,548
  • Tax Year: 2023
  • Tax Amount: $3,766
  • Tax Rate Code Area: 16:CLAY TO

    Appraisal Valuation

  • Standard Deviation: 0.2691
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 61
  • Final Value: 435,289
  • High Value: 552,458
  • Low Value: 318,120

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $512,280
  • First Open Lien Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: May 26, 2021
  • First Open Lien Mortgage Loan Amount: $512,280
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $389,800
  • Market Land Value: $168,400
  • Market Improvement Value: $221,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $389,800
  • Assessed Land Value: $168,400
  • Assessed Improvements Value: $221,400

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Transaction ID: 11836928974
  • Current Sale Price: $501,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 224951

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: May 26, 2021
  • First Mortgage Loan Amount: $512,280
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Owen


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Frequently Asked Questions

When was property at 3736 Franklin Road built and last sold?
The property at 3736 Franklin Road was built in 1968 and last sold on May 19, 2021 for $501,500.
How much is this home worth?
The estimated value of the home located at 3736 Franklin Road is $759,733.
What are some comparable homes to 3736 Franklin Road?
There are currently no comparable homes to 3736 Franklin Road.

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