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62 South Edwards Street

62 South Edwards Street, Franklin, IN 46131
Property in Franklin
Sold Oct 18, 2006
$56,300
$85,000 by Financial Center First Cu
Mortgage Due Aug 29, 2038
Local assessors in Franklin, IN have categorized 62 South Edwards Street as a residential type of property. The home was built in 1890 and is 134 years old. It was most recently renovated and altered in 1945. The property's lot size has been calculated to be 7,200 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 600 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. 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 is also a partial bathroom. 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 62 South Edwards Street has a total of 728 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. 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. The home's a central heating system is the primary heating source. 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, 62 South Edwards Street sold most recently in Oct 17, 2006 for a total of $56,300. If you work out the math, that's approximately a cost of $77.34 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 $0 in taxes each year. 62 South Edwards Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $83,800. If we break it down further, the land itself was valued at $24,900. Improvements to the property, however, were assessed at a total of $58,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1890
  • Effective Year Built: 1945
  • Total Rooms: 4
  • Bedroom Count: 1
  • 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: 7,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 728
  • Building Area: 728
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 728
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HOUGHAM ADD
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOUGHAM ADD LOT 3 MP FRANKLIN COMMUNI

Ownership

  • Current Owner : REED WANDA L
  • Previous Owner : MASON JACKIE
  • Previous Owner 2: MASON BILLIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Geography

  • Account Number: 51001435005/00
  • District: 0003
  • Parcel: 41-08-14-044-111.000-009
  • Lot: 3
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 39.4803
  • Longitude: -86.0457

    Address

  • Full Address: 62 S Edwards St
  • Address - House Number: 62
  • Street Direction: S
  • Address - Street Name: Edwards
  • Address - Suffix Type: St
  • State: IN
  • City Name: Franklin
  • Carrier Code: C003
  • 4-Digit Zip Code: 2504
  • Zip Code: 46131

Valuation

    Tax

  • Total Area: 728
  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 9:FRANKLIN

    Appraisal Valuation

  • Standard Deviation: 0.2378
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 52
  • Final Value: 112,068
  • High Value: 138,727
  • Low Value: 85,408

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $85,000
  • First Open Lien Mortgage Lender: FINANCIAL CENTER FIRST CU
  • First Open Lien Mortgage Recording Date: Sep 11, 2023
  • First Open Lien Mortgage Loan Amount: $85,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 29, 2038

    Market Valuation

  • Market Total Value: $83,800
  • Market Land Value: $24,900
  • Market Improvement Value: $58,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,800
  • Assessed Land Value: $24,900
  • Assessed Improvements Value: $58,900

    Sales

  • Current Sale Contract Date: Oct 17, 2006
  • Current Sale Recording Date: Oct 18, 2006
  • Current Sale Transaction ID: 1140497314
  • Current Sale Price: $56,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2006-027304

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 18, 2006
  • First Mortgage Loan Amount: $45,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2036

About Franklin



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Nearby Rentals

Unit for rent at 298 N Water St., Franklin, IN, 46131

$829 /mo

  • 1 Bed
  • 1 Bath
  • 382 ft²
298 N Water St. #298 N Water St. - B, Franklin, IN, 46131 Listing by Manager

Frequently Asked Questions

What neighborhood is 62 South Edwards Street located in?
The 62 South Edwards Street is a located in the neighborhood of Franklin in Franklin, Franklin.
What is the average sales price for listings in 62 South Edwards Street?
The average sales price for units in 62 South Edwards Street is $0 currently.

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