NOT LISTED FOR SALE

1603 E Morrison St Frankfort, IN 46041

Estimated Value: $146,924 - $156,000

2 Beds
1 Bath
806 Sq Ft
$187/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $125,000 $155 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $880/month

21 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Patio
  • 1 Car Detached Garage
  • Bathtub with Shower
  • Bungalow

About This Home

As of May 2022

Super nice and easy to maintain, this cozy 2 bedroom home has been updated and is cute as a button inside. Newer carpets, laminate floors, bath and kitchen cabinets and fixtures. Refinished hardwood floors in the bedrooms. Kitchen includes all appliances plus washer and dryer are included also. Nice rear yard with 1 car garage and attached carport. Very nice!

Last Listed By

Greg Risse

Risse Realty Listed on: 03/22/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $308

Year Built

  • Built in 1974

Lot Details

  • 5,807 Sq Ft Lot
  • Lot Dimensions are 44' x 132'
  • Level Lot
  • Property is zoned B1, B Residence District

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 806 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Insulated Doors

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Basement

  • Block Basement Construction
  • Crawl Space

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Doors

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Patio
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 12-10-11-208-003.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$308

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1974
  • Age: 48
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Lot #282 Kelley Addition
  • Parcel Number ID: 12-10-11-208-003.000-021
  • Platted: Yes
  • Amenities: Cable Available, Cable Ready, Countertops-Laminate, Detector-Smoke, Disposal, Eat-In Kitchen, Patio Open, Tub/Shower Combination
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 108.79
  • Zoning Description: B Residence District
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 806
  • Total Finished Sq Ft: 806
  • Above Grade Finished Sq Ft: 806
  • Price Per Sq Ft: 155.09
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Hardwood Floors, Carpet, Laminate
  • Living Great Room: Dimensions: 18x12, On Level: Main
  • Kitchen: Dimensions: 13x10, On Level: Main
  • Bedroom 1: Dimensions: 13x10, On Level: Main
  • Bedroom 2: Dimensions: 13x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x10
  • Garage Sq Ft: 200
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Frankfort Munic. Util.
  • Gas Company: CenterPoint Energy
  • Cable Company: Comcast, AT&T
  • Hvac: High Efficiency Furnace
  • Laundry: Dimensions: Mainx6, On Level: 7

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, 0-2.9999
  • Lot Dimensions: 44' x 132'
  • Estimated Lot Sq Ft: 5807
  • Estimated Lot Size Acres: 0.1333
  • Lot Number: 282

Green Features

  • Energy Efficient: Doors, HVAC, Windows
  • Energy Efficient Windows/Doors: Insulated Doors, Insulated Glass Windows, Storm Doors

Tax Info

  • Annual Taxes: 308
  • Total Assessed Value: 37700
  • Exemptions: Homestead, Mortgage, Supplemental

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 22, 2022
Closed on
May 13, 2022
Sold by
Henderson Madeline M
Bought by
Baugh Haley
Seller's Agent
Greg Risse
Risse Realty
Buyer's Agent
Erin Smith
Thieme Real Estate Company
List Price
$114,900
Sold Price
$125,000
Premium/Discount to List
$10,100
8.79%
Total Days on Market
21
Current Estimated Value
$150,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,731
Avg. Annual Appreciation
7.10%
Original Mortgage
$122,735
Outstanding Balance
$117,530
Interest Rate
5%
Mortgage Type
FHA
Estimated Equity
$35,915

Purchase Details

Closed on
Nov 1, 2019
Sold by
Brooke Mary J
Bought by
Henderson Madeline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,656
Interest Rate
3.6%
Mortgage Type
New Conventional

Range of Values:

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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
Baugh Haley -- --
Henderson Madeline M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baugh Haley $35,777
Open Baugh Haley $122,735
Previous Owner Henderson Madeline M $65,656
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $125,000 +8.8% $155 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $114,900 0.0% $143 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $114,900 -- $143 / 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 $523 $49,600 $5,900 $43,700
2023 $560 $49,600 $5,900 $43,700
2022 $424 $49,600 $5,900 $43,700
2021 $305 $37,300 $5,900 $31,400
2020 $323 $37,700 $5,900 $31,800
2019 $310 $38,600 $5,900 $32,700
2018 $925 $38,600 $5,900 $32,700
2017 $957 $39,700 $7,000 $32,700
2016 $981 $40,400 $7,000 $33,400
2014 $909 $44,600 $7,000 $37,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202209481

Indiana Regional MLS

APN: 12-10-11-208-003.000-021