Check Availability

597 West Adams Street

597 West Adams Street, Franklin, IN 46131
Property in Franklin
Sold Dec 08, 2020
$245,000
$196,000 by Bailey & Wood Financial Group
Mortgage Due Dec 08, 2050
Sold Oct 12, 2020
Transfer
Seller
Local assessors in Franklin, IN have categorized 597 West Adams Street as a residential type of property. The home was built in 1914 and is 110 years old. It was most recently renovated and altered in 1999. The property's lot size has been calculated to be 8,093 square feet. The linear feet between the front and back of the lot was measured at 1,710 ft and the front of the lot was measured at 470 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 2 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 is one full bathroom. 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 597 West Adams Street has a total of 2,372 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 detached garage for those who need a place to park their vehicle. The garage on the property is 576 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. 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, 597 West Adams Street sold most recently in Dec 7, 2020 for a total of $245,000. If you work out the math, that's approximately a cost of $103.29 per sqft. 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 $2,537 in taxes each year. 597 West Adams Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $245,500. If we break it down further, the land itself was valued at $26,600. Improvements to the property, however, were assessed at a total of $218,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1914
  • Effective Year Built: 1999
  • Total Rooms: 9
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 78
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,093
  • Lot Size Depth Feet: 1,710
  • Lot Size Frontage Feet: 470
  • Total Building Area: 2,372
  • Building Area: 2,372
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,372
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THOMPSON & MC NUTT ADD
  • Land Acres: 0.186
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THOMPSON & MC NUTT ADD LOT 36 MP FRANKLIN COMMUNI

Ownership

  • Current Owner : FOSTER DANIEL
  • Current Owner 2: FOSTER SHEA
  • Previous Owner : MOORE TERRY L
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Community School Corporation
  • Census Tract: 610900

Geography

  • Account Number: 51001443016/00
  • District: 0003
  • Parcel: 41-08-14-032-060.000-009
  • Lot: 36
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 39.4831
  • Longitude: -86.0628

    Address

  • Full Address: 597 W Adams St
  • Address - House Number: 597
  • Street Direction: W
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: IN
  • City Name: Franklin
  • Carrier Code: C001
  • 4-Digit Zip Code: 1609
  • Zip Code: 46131

Valuation

    Tax

  • Total Area: 2,450
  • Tax Year: 2022
  • Tax Amount: $2,537
  • Tax Rate Code Area: 9:FRANKLIN

    Appraisal Valuation

  • Standard Deviation: 0.2552
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 63
  • Final Value: 333,206
  • High Value: 418,243
  • Low Value: 248,170

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $196,000
  • First Open Lien Mortgage Lender: BAILEY & WOOD FINANCIAL GROUP
  • First Open Lien Mortgage Recording Date: Dec 08, 2020
  • First Open Lien Mortgage Loan Amount: $196,000
  • 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: Dec 08, 2050

    Market Valuation

  • Market Total Value: $245,500
  • Market Land Value: $26,600
  • Market Improvement Value: $218,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $245,500
  • Assessed Land Value: $26,600
  • Assessed Improvements Value: $218,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 07, 2020
  • Current Sale Recording Date: Dec 08, 2020
  • Current Sale Transaction ID: 11810128868
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-035348
  • Previous Sale Recording Date: Oct 12, 2020
  • Previous Sale Contract Date: Aug 18, 2020
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAILEY & WOOD FINANCIAL GROUP
  • First Mortgage Transaction Date: Dec 08, 2020
  • First Mortgage Loan Amount: $196,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Franklin



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1223 Saticoy Court, Franklin, IN, 46131

$2,200 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,400 ft²
1223 Saticoy Court, Franklin, IN, 46131 Listing by Brenda Dean

Frequently Asked Questions

What neighborhood is 597 West Adams Street located in?
The 597 West Adams Street is a located in the neighborhood of Franklin in Franklin, Franklin.
What is the average sales price for listings in 597 West Adams Street?
The average sales price for units in 597 West Adams Street is $0 currently.

Quantcast