NOT LISTED FOR SALE

1413 W Morrison St Frankfort, IN 46041

Estimated Value: $80,324 - $94,000

0.17 Acre
$531,970 Price per Acre
7,200 Sq Ft Lot

Last Sold July 17, 2023

Last sale price $75,000

Est. 17% increase in value since last sale

Current estimated payment $566/month

6 Days on Market

About This Lot

As of July 2023

48 x 50 Pole Barn on corner lot. Lot has full water and sewer hookup already in place. 300 AMP service, 300 Sq Ft of heavy duty shelving, 14 foot rafters, 10 x 14 foot opening door on alley, fully connected to city water and sewer, independent double basin sink, 30 AMP service outlets for campers (x2), Flue for furnace already installed, air outlets already installed (x5) Ceiling fans (x3), shop lights (x10), 110 outlets on every pole (x16), 220 outlets (x3), Floor drain connected to city water, Bathroom with 220 electric heat, toilet, sink, storage.

Last Listed By

June Palmer

BerkshireHathaway HS IN Realty Listed on: 06/11/2023

BerkshireHathaway HS IN Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $878

Year Built

  • 2011

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60 x 120
  • Finished Lot(s)

Schools

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

Additional Features

  • Pole Barn
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 12-10-09-237-001.000-021

Property Details

Property Type

Land

Est. Annual Taxes

$878

Year Built

2011

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: 016-23286-02 Clover Leaf Add Lot 18 437
  • Parcel Number ID: 12-10-09-237-001.000-021
  • Platted: Yes
  • Location: City
  • Road Access: City
  • Road Surface: Gravel
  • Sp Lp Percent: 93.75
  • Parcel Description: Corner, Level
  • Type of Sale: Traditional
  • Miscellaneous: Alley
  • Side Of Road: South
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2022 pay 2023
  • Special Features: None
  • Year Built (Public Record): 2011

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: City
  • Electric Company: Frankfort Munic. Util.
  • Electricity Type: Available
  • Fuel Type: Electric
  • Sewer Type: City

Schools

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

Lot Info

  • Lot Dimensions: 60 x 120
  • Estimated Lot Sq Ft: 7200
  • Estimated Lot Size Acres: 0.165
  • Land Features: Pole Barn

Tax Info

  • Annual Taxes: 877.68
  • Total Assessed Value: 32300

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
Jun 11, 2023
Closed on
Jul 14, 2023
Sold by
Knuckles Mickey L
Bought by
Vasquez-Huerta Raul and Vasquez Bibiana
Seller's Agent
June Palmer
BerkshireHathaway HS IN Realty
Buyer's Agent
Nubia Medina
BerkshireHathaway HS IN Realty
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%
Total Days on Market
6
Views
80
Current Estimated Value
$87,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,775
Avg. Annual Appreciation
7.49%
Original Mortgage
$60,000
Outstanding Balance
$52,840
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$32,634

Purchase Details

Closed on
Jan 6, 2009
Sold by
Richards Mary R
Bought by
Knuckles Mickey L

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
Vasquez-Huerta Raul $75,000 None Listed On Document
Knuckles Mickey L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez-Huerta Raul $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $75,000 -6.3% --
06/17/2023 06/17/23 Pending -- -- --
06/11/2023 06/11/23 For Sale $80,000 -- --
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 $945 $30,600 $4,700 $25,900
2023 $1,018 $32,300 $4,700 $27,600
2022 $1,013 $32,300 $4,700 $27,600
2021 $873 $27,800 $4,700 $23,100
2020 $885 $27,800 $4,700 $23,100
2019 $930 $29,100 $4,700 $24,400
2018 $922 $29,100 $4,700 $24,400
2017 $348 $12,900 $8,800 $4,100
2016 $213 $8,800 $8,800 $0
2014 $176 $8,800 $8,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202320014

Indiana Regional MLS

APN: 12-10-09-237-001.000-021