NOT LISTED FOR SALE

1301 W Morrison St Frankfort, IN 46041

Estimated Value: $26,051 - $176,000

2 Beds
1 Bath
929 Sq Ft
$113/Sq Ft Est. Value

Last Sold April 09, 2013

Last sale price $12,000 $13 Per Sq Ft

Est. 775% increase in value since last sale

Current estimated payment $617/month

61 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • 1-Story Property
  • 3 Car Detached Garage
  • Woodwork
  • Ceiling Fan

About This Home

As of April 2013

INVESTMENT PROPERTY !! - Lots of potential here. House has 5 rooms ready renovate. 34x26 detached garage. Rent the house and use the garage for you. Taxes would have been $590./year without exemptions.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $715

Year Built

  • Built in 1915

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 37.8x120
  • Level Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Brick Foundation
  • Wood Siding

Interior Spaces

  • 929 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Flooring
  • Block Basement Construction
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Space Heater
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 12-10-09-238-007.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$715

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1915
  • Age: 98
  • Style: One Story
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Total Full Bathrooms: 1
  • Legal Description: Clover Leaf add part lot 7
  • Parcel Number ID: 12-10-09-238-007.000-021
  • Amenities: Ceiling Fan(s), Detector-Smoke, Natural Woodwork, Porch Open
  • Sp Lp Percent: 72.73
  • Special Features: None

Interior Features

  • Total Finished Sq Ft: 929
  • Above Grade Finished Sq Ft: 929
  • Price Per Sq Ft: 12.92
  • Basement Material: Block, Brick
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 15x12, On Level: Main
  • Kitchen: Dimensions: 15x9, On Level: Main
  • Extra Room: Dimensions: 11x9, On Level: Main
  • Bedroom 1: Dimensions: 13x10, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Main

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 3

Utilities

  • Heating Fuel: Gas, Space
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Suncrest
  • High School: Frankfort

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 37.8x120
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Tax Info

  • Annual Taxes: 5
  • Total Assessed Value: 29500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2013
Closed on
Apr 19, 2013
Sold by
Teter Paul Edward
Bought by
Mckechnie David E
List Price
$16,500
Sold Price
$12,000
Premium/Discount to List
-$4,500
-27.27%
Current Estimated Value
$105,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,013

Purchase Details

Listed on
Jan 16, 2013
Closed on
Apr 9, 2013
Sold by
Teter Myrna M and Teter Paul Edward
Bought by
Mckechnie David E
List Price
$16,500
Sold Price
$12,000
Premium/Discount to List
-$4,500
-27.27%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mckechnie David E $12,000 Moore Title & Escrow
Mckechnie David E -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2013 04/09/13 Sold $12,000 -27.3% $13 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
01/16/2013 01/16/13 For Sale $16,500 -- $18 / 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 $715 $31,900 $4,400 $27,500
2023 $733 $31,900 $4,400 $27,500
2022 $728 $31,900 $4,400 $27,500
2021 $623 $27,000 $4,400 $22,600
2020 $636 $27,000 $4,400 $22,600
2019 $637 $27,000 $4,400 $22,600
2018 $630 $27,000 $4,400 $22,600
2017 $684 $29,000 $6,800 $22,200
2016 $691 $32,300 $6,800 $25,500
2014 $634 $31,700 $6,800 $24,900
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 302406

Indiana Regional MLS

APN: 12-10-09-238-007.000-021