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(SOLD) $430,000

2556 N 500 E Franklin, IN  46131

  • 3 Beds
  • 2 Baths
  • 1,616 sq. Ft

Property Description for 2556 N 500 E Franklin, IN 46131

Discover this charming country retreat in Franklin! This cozy one-owner home is eagerly awaiting its next family to create cherished memories. Nestled on 1.41 acres with beautiful mature trees and landscaping, this property is a true gem surrounded by lush farmland on two sides. If you've been dreaming of a large barn for a workshop or to store your recreational toys, look no further - this barn boasts over 2000 square feet of space! As you step inside the home, you'll be greeted by stunning cathedral ceilings and lovely daylight windows that flood the living area with natural light. The spacious Eden Kitchen features updated granite countertops and a convenient back door leading out to a lovely deck with a pergola, perfect for enjoying the tranquil outdoors. The primary bedroom en suite on the main floor offers two walk-in closets for added convenience. Upstairs, you'll find two additional bedrooms and a large rec room that could easily serve as a third bedroom. A short 10 min golf cart ride to beautiful downtown Franklin. Whether you're looking to downsize and have the primary bedroom on the main floor, or seeking a peaceful retreat in the countryside with plenty of space, this home offers the perfect blend of comfort and serenity. Say goodbye to the confines of a subdivision with an HOA and embrace the freedom of country living. Don't miss out on this wonderful opportunity to make this charming retreat your new forever home!
QuickBuy option for home selling

Address:2556 N 500 E Franklin IN 46131
Status:Sold
Sold On: 10/8/2024
Price:$425,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,616
Year Built:1989
Lot Size:1.41
County: Johnson
Township: Needham
MLS #:21994162
Property Type:Single Family Residence

Lot Dimensions:57064
Lot Features:Rural - Not Subdivision, Mature Trees, Trees-Small (Under 20 Ft)
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :1,154
Upper Level Sq. Ft. :462
Total Sq. Ft. :1,616

Loan Price
$2,613
Price And Interest $2,243/month
Property Tax $191/month
MTG INS $0/month
HOME INS $179/month
Price
$430,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$191/month
Home Owner Insurance
$2,148 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 18x19 Main
Dining Room 11x11 Main
Kitchen 11x11 Main
Primary Bedroom 15x15 Main
Office 8x20 Upper
Bedroom 2 12x11 Upper
Bedroom 3 8x14 Upper

Semi-Annual Property Tax:$1,147
Tax Year:2023
Other Disclosures:Sales Disclosure Supplements
Mandatory HOA Fee:$

Area: 4104 - Johnson - Needham
City:Franklin
Subdivision: No Subdivision
Zip Code:46131

Total Sq. Ft.:1,616
Interior Features:Breakfast Bar, Cathedral Ceiling(s), Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl
Interior Area(s):Living Room Formal
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Dryer, Disposal, Electric Oven, Gas Oven, Refrigerator, Washer, Water Softener Owned
Equipment:Security Alarm Rented
Exterior Features:Barn Pole
Exterior Type:Vinyl With Brick
Fuel:Propane Leased
Fireplace(s):Living Room, Woodburning Fireplce
Cool:Central Electric
Heat:Forced Air, Propane
Water Heater:Dishwasher, Dryer, Disposal, Electric Oven, Gas Oven, Refrigerator, Washer, Water Softener Owned
Total Rooms:7
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Cindy Stockhaus with Better Homes and Gardens Real Estate Gold Key from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/07/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Franklin Market Report

65
Avg. DOM
$226.34
Avg. $ / Sq.Ft.
$ 359,950
Med. List Price

The house prices in Franklin are not dropping at the moment. There has been a increase in price of $6,022.33. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Franklin are going Up. The average house price is $349,997.50 and the average price per square feet is $234.42 per square feet. At the moment, the amount of homes listed is exactly 450 houses, with 76 with active status, 37 with pending status and 337 sold in Franklin .

The most popular place to buy a home in Franklin is 4105 - Johnson - Franklin. 4105 - Johnson - Franklin is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Franklin .

The average amount of property taxes you would have to pay for a home in Franklin is $1,939.37. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Franklin are staying listed for an average of 63 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Franklin was 5158 minutes ago.

At the moment we have 2 open houses that you can visit.

The cost of the most expensive home in Franklin is $2,000,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Franklin is $179,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Franklin in year 1876 and the newest built house is in year 2024.

The average size of properties in Franklin is 1973.58 sq.ft. , the biggest one being 3713 sq.ft. and the smaller being 696 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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