NOT LISTED FOR SALE

1581 S Hiland Dr Frankfort, IN 46041

Estimated Value: $496,000 - $550,000

4 Beds
4 Baths
3,386 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $370,000 $109 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,205/month

1 Day on Market

Highlights

  • In Ground Pool
  • Covered Patio or Porch
  • Double Pane Windows
  • Ranch Style House
  • 3 Car Attached Garage
  • Double Vanity

About This Home

As of September 2020

This large and lovely home is located in the Kelly Estates Subdivision just Southeast of Frankfort. It offers the best in living with nearly 3400 square feet of living area which includes 4 large bedrooms and 4 full baths. Also features a huge great room, formal dining room, a beautiful newer kitchen and with large breakfast area. Plus it offers a large bonus room over the garage. Other amenities include a custom 18' x 36' in-ground swimming pool with cover. Many updates completed in the past 3 years include new carpeting and bathroom upgrades. Master bedroom opens to the rear covered porch and pool area. Plus a newly updated master bath. Huge 3 car garage and circle drive. Big 1 acre home site provides plently of green space.

Last Agent to Sell the Property

John Milholland

Risse Realty Listed on: 08/11/2020

Last Buyer's Agent

Alex Risse

Risse Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,137

Year Built

  • Built in 1998

Lot Details

  • 1.05 Acre Lot
  • Lot Dimensions are 236x192
  • Rural Setting
  • Partially Fenced Property
  • Vinyl Fence
  • Level Lot
  • Property is zoned R1

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 3,386 Sq Ft Home
  • Woodwork
  • Double Pane Windows
  • Entrance Foyer
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Schools

  • Blue Ridge / Green Meadows Elementary School
  • Frankfort Middle School
  • Frankfort High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 12-10-13-403-002.000-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,137

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1998
  • Age: 22
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 9
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Kelly Estates Lot #18 |
  • Parcel Number ID: 12-10-13-403-002.000-001
  • Platted: Yes
  • Amenities: Cable Available, Disposal, Foyer Entry, Garage Door Opener, Natural Woodwork, Patio Covered, Porch Covered, Six Panel Doors, Twin Sink Vanity, Tub and Separate Shower
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural Subdivision
  • Sp Lp Percent: 98.67
  • Zoning Description: Residential
  • County Zoning: R1
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3386
  • Total Finished Sq Ft: 3386
  • Above Grade Finished Sq Ft: 3386
  • Price Per Sq Ft: 109.27
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 29x20, On Level: Main
  • Kitchen: Dimensions: 27x10, On Level: Main
  • Dining Room: Dimensions: 14x12, On Level: Main
  • Family Room: Dimensions: 23x16, On Level: Main
  • Extra Room: Bonus Room, Dimensions: 16x11, On Level: Upper
  • Bedroom 1: Dimensions: 19x14, On Level: Main
  • Bedroom 2: Dimensions: 13x13, On Level: Main
  • Bedroom 3: Dimensions: 12x12, On Level: Main
  • Bedroom 4: Dimensions: 15x12, On Level: Main
  • Number of Main Level Full Bathrooms: 4

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Outbuilding1: None
  • Pool: Below Ground
  • Pool: Yes
  • Fence: Partial, Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 36x28
  • Garage Sq Ft: 1008
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx7, On Level: 12
  • Well Type: Private

Schools

  • School District: Community Schools of Frankfort
  • Elementary School: Blue Ridge / Green Meadows
  • Middle School: Frankfort
  • High School: Frankfort
  • Elementary School: Blue Ridge / Green Meadows

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 236x192
  • Estimated Lot Sq Ft: 45546
  • Estimated Lot Size Acres: 1.0456
  • Lot Number: 18

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 3137
  • Total Assessed Value: 277400
  • Exemptions: Homestead, Mortgage

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
Aug 11, 2020
Closed on
Sep 28, 2020
Sold by
Kinsler Jeremy
Bought by
Bandy Nicholas J and Bandy Alicia M
Seller's Agent
John Milholland
Risse Realty
Buyer's Agent
Alex Risse
Risse Realty
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Current Estimated Value
$526,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,475
Avg. Annual Appreciation
7.37%
Original Mortgage
$284,900
Outstanding Balance
$256,250
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$268,688

Purchase Details

Listed on
Jun 17, 2017
Closed on
Dec 14, 2017
Sold by
Smith Thomas E and Smith Susan L
Bought by
In Jeremy Ksler
Seller's Agent
June Palmer
BerkshireHathaway HS IN Realty
Buyer's Agent
John Milholland
Risse Realty
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%
Original Mortgage
$267,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2007
Sold by
Akard Michael J and Akard Michelle M
Bought by
Smith Thomas E and Smith Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,950
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 1997
Sold by
Byrd Tony and Grace Ann
Bought by
Akard Michael J
Source: Public Records

Range of Values:

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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
Bandy Nicholas J -- Minnesota Title Company
In Jeremy Ksler $335,000 Meridian Title Corp.
Kinsler Jeremy -- None Available
Smith Thomas E -- None Available
Akard Michael J $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bandy Nicholas J $141,000
Open Bandy Nicholas J $284,900
Previous Owner Kinsler Jeremy $267,500
Previous Owner Smith Thomas E $285,000
Previous Owner Smith Thomas E $292,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $370,000 -1.3% $109 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $375,000 +11.9% $111 / Sq Ft
12/14/2017 12/14/17 Sold $335,000 -4.3% $99 / Sq Ft
11/19/2017 11/19/17 Pending -- -- --
06/17/2017 06/17/17 For Sale $349,900 -- $103 / 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 $4,306 $380,900 $35,900 $345,000
2023 $4,803 $395,100 $35,900 $359,200
2022 $4,616 $395,100 $35,900 $359,200
2021 $4,472 $366,600 $35,900 $330,700
2020 $3,291 $274,800 $35,900 $238,900
2019 $3,152 $277,400 $35,900 $241,500
2018 $3,225 $282,900 $35,900 $247,000
2017 $3,306 $289,800 $41,600 $248,200
2016 $2,988 $282,000 $41,600 $240,400
2014 $2,137 $268,300 $46,300 $222,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202031544

Indiana Regional MLS

APN: 12-10-13-403-002.000-001