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648 North Main Street

648 North Main Street, Franklin, IN 46131
Property in Franklin
1 Units For Sale
Unit for sale at 648 N Main Street, Franklin, IN 46131

$315,000

  • Commercial
  • 3,381 ft²
648 N Main Street, Franklin, IN 46131 Listing by Reggie Jackson

Local assessors in Franklin, IN have categorized 648 North Main Street as a residential type of property. The home was built in 1920 and is 104 years old. It was most recently renovated and altered in 1930. The property's lot size has been calculated to be 10,890 square feet. The linear feet between the front and back of the lot was measured at 1,440 ft and the front of the lot was measured at 700 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 6 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 6 full bathrooms. There are also 6 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 648 North Main Street has a total of 1,499 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 703 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 - 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. 648 North Main Street was last assessed in 2023. The total value of the property was assessed at $211,000. Specifically, the land the property is located on was valued at $32,000. While improvements on the property were assessed at a total of $179,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,306. The initial tax year of delinquency was in 2021. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

Building Features

Exterior

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230203
02/03/2023
Loft
-
-
$325,000
bedrooms
Loft
bathrooms
-
-
-
-
Reggie Jackson
Keller Williams Indy Metro S

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1930
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 30
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Multifamily
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 6
  • Basement Type: Partial basement
  • Basement Area: 703
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,499
  • Building Area: 1,499
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,499
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.25
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: PT E 1/2 NW S14 T12 R4 MP FRANKLIN COMMUNI

Neighborhood

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

Geography

  • Account Number: 51001416058/00
  • District: 0003
  • Section: S14
  • Parcel: 41-08-14-024-092.000-009
  • Meridian: SEC 14 TWN 12 RNG 4
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 39.4863
  • Longitude: -86.0561

    Address

  • Full Address: 648 N Main St
  • Address - House Number: 648
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: IN
  • City Name: Franklin
  • Carrier Code: C004
  • 4-Digit Zip Code: 1379
  • Zip Code: 46131

Valuation

    Tax

  • Total Area: 3,381
  • Tax Year: 2022
  • Tax Amount: $4,306
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 9:FRANKLIN

    Appraisal Valuation

  • Standard Deviation: 0.2378
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 52
  • Final Value: 183,547
  • High Value: 227,210
  • Low Value: 139,883

    Market Valuation

  • Market Total Value: $211,000
  • Market Land Value: $32,000
  • Market Improvement Value: $179,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $211,000
  • Assessed Land Value: $32,000
  • Assessed Improvements Value: $179,000

About Franklin



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Frequently Asked Questions

What neighborhood is 648 North Main Street located in?
The 648 North Main Street is a located in the neighborhood of Franklin in Franklin, Franklin.
How many listings are currently for sale in 648 North Main Street?
There is one unit for sale right now.
What is the average sales price for listings in 648 North Main Street?
The average sales price for units in 648 North Main Street is $315,000 , or $93/sqft. currently.

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