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420 Johnson Avenue

420 Johnson Avenue, Franklin, IN 46131
Property in Franklin
Sold Feb 25, 2022
$298,100
$238,500 by Commercial Lender Llc
Mortgage Due Feb 01, 2052
Sold Sep 01, 2021
$106,800
$85,430 by Finance America Mtg Llc
Mortgage Due Sep 01, 2051
420 Johnson Avenue has been categorized by the local assessors in Franklin, IN as a residential type of property. The building on the property was first built in 1960 and is 64 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 420 Johnson Avenue has 842 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,130 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,212 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D+ by the local assessor. The roof of the building is made of asphalt. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 420 Johnson Avenue sold most recently in Jan 26, 2022 for a total of $298,100. If you work out the math, that's approximately a cost of $354.04 per sqft. Before that, the property was also sold for $106,800 in Aug 30, 2021. 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 $1,665 in taxes each year. 420 Johnson Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $85,600. If we break it down further, the land itself was valued at $13,000. Improvements to the property, however, were assessed at a total of $72,600. 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.

Building Features

Exterior

Stone Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D+
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,212
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 500
  • Total Building Area: 842
  • Building Area: 842
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 842
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HAMILTONS & OYLER ADD
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HAMILTONS & OYLER ADD PT LOT 9 & 10 MP FRANKLIN COMMUNI

Ownership

  • Current Owner : MICKSON CAPITAL PARTNERS LLC
  • Previous Owner : HOYAN LAM
  • Owner Before Previous Owner: MICKSON CAPITAL PARTNERS LLC
  • Ownership Rights Codes: Partnership
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Franklin Community School Corporation
  • Census Tract: 611000

Geography

  • Account Number: 51001430015/00
  • District: 0003
  • Parcel: 41-08-14-042-033.000-009
  • Lot: 9-10
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 39.4849
  • Longitude: -86.0522

    Address

  • Full Address: 420 Johnson Ave
  • Address - House Number: 420
  • Address - Street Name: Johnson
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Franklin
  • Carrier Code: C003
  • 4-Digit Zip Code: 1738
  • Zip Code: 46131

Valuation

    Tax

  • Total Area: 842
  • Tax Year: 2022
  • Tax Amount: $1,665
  • Tax Rate Code Area: 9:FRANKLIN

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 80
  • Final Value: 153,656
  • High Value: 178,267
  • Low Value: 129,044

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $238,500
  • First Open Lien Mortgage Lender: COMMERCIAL LENDER LLC
  • First Open Lien Mortgage Recording Date: Feb 25, 2022
  • First Open Lien Mortgage Loan Amount: $238,500
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $85,600
  • Market Land Value: $13,000
  • Market Improvement Value: $72,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,600
  • Assessed Land Value: $13,000
  • Assessed Improvements Value: $72,600

    Sales

  • Current Sale Contract Date: Jan 26, 2022
  • Current Sale Recording Date: Feb 25, 2022
  • Current Sale Transaction ID: 11881006236
  • Current Sale Price: $298,100
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 4307
  • Previous Sale Recording Date: Sep 01, 2021
  • Previous Sale Contract Date: Aug 30, 2021
  • Previous Sale Amount: $106,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMERCIAL LENDER LLC
  • First Mortgage Transaction Date: Feb 25, 2022
  • First Mortgage Loan Amount: $238,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE AMERICA MTG LLC
  • Previous Mortgage Transaction Date: Sep 01, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $85,430
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2051

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Frequently Asked Questions

What neighborhood is 420 Johnson Avenue located in?
The 420 Johnson Avenue is a located in the neighborhood of Franklin in Franklin, Franklin.
What is the average sales price for listings in 420 Johnson Avenue?
The average sales price for units in 420 Johnson Avenue is $97,000 , or $115/sqft. currently.

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