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486 South 600 East

486 South 600 East, Franklin, IN 46131
Property in Needham
Sold Mar 30, 2022
$208,100
Sold Dec 12, 2017
$228,000
$182,400 by Indiana Members Cu
Mortgage Due Jan 01, 2048
Local assessors in Franklin, IN have categorized 486 South 600 East as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 87,120 square feet. 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, 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 3 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 486 South 600 East has a total of 1,780 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 water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 855 sqft. There are 4 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 - D+. 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. 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, 486 South 600 East sold most recently in Mar 25, 2022 for a total of $208,100. If you work out the math, that's approximately a cost of $116.91 per sqft. Before that, the property was also sold for $228,000 in Dec 8, 2017. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,640 in taxes each year. 486 South 600 East was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $217,800. If we break it down further, the land itself was valued at $49,500. Improvements to the property, however, were assessed at a total of $168,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1990
  • Effective Year Built: 1990
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: D+
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 855
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 87,120
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,780
  • Building Area: 1,780
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,780
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NE SE S20 T12 R5 MP FRANKLIN COMMUNI

Ownership

  • Current Owner : BULLARD KENNETH E
  • Previous Owner : BULLARD ELIZABETH A
  • Owner Before Previous Owner: LANHAM GEORGE J
  • Owner Before Previous Owner 2: LANHAM LORETTA L
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Franklin Community School Corporation
  • Census Tract: 611200

Geography

  • Account Number: 41212001011/01
  • District: 0005
  • Section: S20
  • Parcel: 41-07-20-041-002.001-017
  • Meridian: SEC 20 TWN 12 RNG 5
  • Municipality: NEEDHAM TOWNSHIP
  • Latitude: 39.4707
  • Longitude: -85.9891

    Address

  • Full Address: 486 S 600 E
  • Address - House Number: 486
  • Street Segment Direction: E
  • Street Direction: S
  • Address - Street Name: 600
  • State: IN
  • City Name: Franklin
  • Carrier Code: R004
  • 4-Digit Zip Code: 8299
  • Zip Code: 46131

Valuation

    Tax

  • Total Area: 2,500
  • Tax Year: 2022
  • Tax Amount: $2,640
  • Tax Rate Code Area: 17:NEEDHAM

    Appraisal Valuation

  • Standard Deviation: 0.1656
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 79
  • Final Value: 340,269
  • High Value: 396,619
  • Low Value: 283,919

    Market Valuation

  • Market Total Value: $217,800
  • Market Land Value: $49,500
  • Market Improvement Value: $168,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $217,800
  • Assessed Land Value: $49,500
  • Assessed Improvements Value: $168,300

    Sales

  • Current Sale Contract Date: Mar 25, 2022
  • Current Sale Recording Date: Mar 30, 2022
  • Current Sale Transaction ID: 11884084435
  • Current Sale Price: $208,100
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 7242
  • Previous Sale Recording Date: Dec 12, 2017
  • Previous Sale Contract Date: Dec 08, 2017
  • Previous Sale Amount: $228,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INDIANA MEMBERS CREDIT UNION
  • First Mortgage Transaction Date: Mar 30, 2022
  • First Mortgage Loan Amount: $166,500
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: INDIANA MEMBERS CU
  • Previous Mortgage Transaction Date: Dec 12, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $182,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2048

About Johnson



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Frequently Asked Questions

What neighborhood is 486 South 600 East located in?
The 486 South 600 East is a located in the neighborhood of Needham in Johnson, Franklin.
What is the average sales price for listings in 486 South 600 East?
The average sales price for units in 486 South 600 East is $0 currently.

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