NOT LISTED FOR SALE

1055 Delphi Ave Frankfort, IN 46041

Estimated Value: $160,000 - $190,977

4 Beds
2.5 Baths
1,964 Sq Ft
$91/Sq Ft Est. Value

Last Sold April 11, 2025

Last sale price $175,000 $89 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,278/month

6 Days on Market

Highlights

  • Covered Patio or Porch
  • Laundry in Utility Room
  • Forced Air Heating and Cooling System
  • Covered Deck
  • Luxury Vinyl Tile Flooring
  • 1-Story Property

About This Home

As of April 2025

All adults over 18 need to submit an application if going to live at the unit

Last Agent to Sell the Property

Alex Risse

Risse Realty Brokerage Phone: 765-654-8892 Listed on: 03/17/2025

Co-Listed By

Greg Risse

Risse Realty Brokerage Phone: 765-654-8892

Last Buyer's Agent

Alex Risse

Risse Realty Brokerage Phone: 765-654-8892 Listed on: 03/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,009

Year Built

  • Built in 1975

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 66x215

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,964 Sq Ft Home
  • 1-Story Property
  • Laminate Countertops
  • Laundry in Utility Room

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Schools

  • Suncrest Elementary School
  • Frankfort Middle School
  • Frankfort High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, heating, trash collection, water
  • Assessor Parcel Number 12-10-03-200-005.000-021

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,009

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1975
  • Style: One Story
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT SW NE 3-21-1W .33A
  • Parcel Number ID: 12-10-03-200-005.000-021
  • Platted: Yes
  • Amenities: Countertops-Laminate, Deck Covered, Porch Covered, Water Heater Gas
  • Special Features: None

Interior Features

  • Total Sq Ft: 1964
  • Total Finished Sq Ft: 1964
  • Above Grade Finished Sq Ft: 1964
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Vinyl Tile
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Brick
  • Stories: 1
  • Outbuilding Sq Ft: 80

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Suncrest

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 66x215
  • Estimated Lot Sq Ft: 13939
  • Estimated Lot Size Acres: 0.32

Rental Info

  • Lease Term: Month to Month
  • Tenant Pays: Electric, Heating, Trash Collection, Water

Tax Info

  • Annual Property Tax: 4009

Multi Family

  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 2

MLS Schools

  • High School: Frankfort
  • Middle School: Frankfort
  • School District: Community Schools of Frankfort

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2025
Closed on
Apr 11, 2025
Sold by
Stephen And Phyllis Weber Trust and Weber Stephen
Bought by
R J Venis Llc
Seller's Agent
Alex Risse
Risse Realty
Buyer's Agent
Alex Risse
Risse Realty
List Price
$189,000
Sold Price
$175,000
Premium/Discount to List
-$14,000
-7.41%
Views
36
Current Estimated Value
$179,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,494
Avg. Annual Appreciation
3.92%
Original Mortgage
$87,500
Outstanding Balance
$51,745
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
$127,749

Purchase Details

Closed on
Aug 16, 2021
Sold by
Weber Stephen and Weber Phyllis
Bought by
Weber Stephen M and Weber Phyllis

Purchase Details

Closed on
Dec 12, 2016
Sold by
Clinton County
Bought by
Weber Stephen and Weber Phyllis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
R J Venis Llc -- None Listed On Document
Weber Stephen M -- None Available
Weber Stephen $20,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R J Venis Llc $87,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2025 10/05/25 Off Market $1,200 -- --
09/03/2025 09/03/25 Off Market $1,200 -- --
07/30/2025 07/30/25 Price Changed $1,200 0.0% $1 / Sq Ft
07/30/2025 07/30/25 For Rent $1,200 +9.1% --
05/19/2025 05/19/25 Off Market $1,100 -- --
04/16/2025 04/16/25 For Rent $1,100 0.0% --
04/11/2025 04/11/25 Sold $175,000 -7.4% $89 / Sq Ft
03/23/2025 03/23/25 Pending -- -- --
03/17/2025 03/17/25 For Sale $189,000 -- $96 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,009 $178,700 $13,400 $165,300
2023 $3,541 $154,300 $13,400 $140,900
2022 $2,859 $126,400 $13,400 $113,000
2021 $2,023 $96,100 $13,400 $82,700
2020 $2,387 $102,400 $13,400 $89,000
2019 $2,390 $102,400 $13,400 $89,000
2018 $2,379 $102,400 $13,400 $89,000
2017 $2,181 $92,800 $13,000 $79,800
2016 $2,113 $91,300 $13,000 $78,300
2014 $1,803 $89,900 $13,000 $76,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202508647

Indiana Regional MLS

APN: 12-10-03-200-005.000-021