NOT LISTED FOR SALE

1607 E Morrison St Frankfort, IN 46041

Estimated Value: $116,000 - $148,000

2 Beds
1 Bath
780 Sq Ft
$172/Sq Ft Est. Value

Last Sold January 26, 2017

Last sale price $39,900 $51 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $754/month

369 Days on Market

Highlights

  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Bathtub with Shower
  • Porch
  • Double Pane Windows
  • Patio

About This Home

As of January 2017

Cute cottage style house conveniently located on the East side of Frankfort. Newly refreshed inside. Features 2 nice sized bedroom and remodeled bathroom. Modernized kitchen with newer cabinets and counters. Nicely landscaped yard with brick patio and fire pit. One car detached garage. Vinyl exterior and brand new replacement windows. This petite home should be easy to heat, cool and maintain.

Last Agent to Sell the Property

John Milholland

Risse Realty Listed on: 01/04/2016

Last Buyer's Agent

Alex Risse

Risse Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $154

Year Built

  • Built in 1957

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 44x132
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Cabin
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Patio
  • Porch

Location

  • Suburban Location

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 12-10-11-208-005.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$154

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1957
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: The Kelley Addition, Lot 280 |
  • Parcel Number ID: 12-10-11-208-005.000-021
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Countertops-Laminate, Dryer Hook Up Electric, Eat-In Kitchen, Patio Open, Porch Open, Tub/Shower Combination
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 780
  • Total Finished Sq Ft: 780
  • Above Grade Finished Sq Ft: 780
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Tile, Vinyl
  • Living Great Room: Dimensions: 16x13, On Level: Main
  • Kitchen: Dimensions: 13x11, On Level: Main
  • Bedroom 1: Dimensions: 13x10, On Level: Main
  • Bedroom 2: Dimensions: 13x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 24x14
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Blue Ridge / Green Meadows

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 44x132
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 154.26
  • 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

Closed on
Mar 26, 2024
Sold by
Manwani Shalimar P
Bought by
Shalimar P Manwani Revocable Living Trust and Sourtherland-Robins
Current Estimated Value
$134,126

Purchase Details

Closed on
Aug 9, 2021
Sold by
Walker Austin D
Bought by
Manwani Shalimar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,697
Interest Rate
2.9%

Purchase Details

Listed on
Jan 4, 2016
Closed on
Jan 26, 2017
Sold by
Weeks Cortni
Bought by
Walker Austin D
Seller's Agent
John Milholland
Risse Realty
Buyer's Agent
Alex Risse
Risse Realty
List Price
$49,900
Sold Price
$39,900
Premium/Discount to List
-$10,000
-20.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.45%
Original Mortgage
$29,925
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2014
Closed on
Aug 8, 2014
Sold by
Hardesty Jeffrey K and Hardesty Lynette J
Bought by
Weeks Cortni
Seller's Agent
Greg Risse
Risse Realty
Buyer's Agent
John Milholland
Risse Realty
List Price
$44,900
Sold Price
$44,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.67%
Original Mortgage
$40,410
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2005
Sold by
Jpmorgan Chase Bank
Bought by
Ashlock Timothy Roy and Ashlock Lore Sue

Purchase Details

Closed on
Mar 13, 2001
Sold by
Int Berry Robert L Marie O and Int Ne
Bought by
Berry Ned T

Purchase Details

Closed on
Dec 28, 2000
Sold by
Berry Robert L and Hw Marie O
Bought by
Berry Ned L
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
Shalimar P Manwani Revocable Living Trust -- None Listed On Document
Manwani Shalimar -- None Listed On Document
Walker Austin D $39,900 --
Walker Austin D $39,900 The Farmers Bank
Weeks Cortni -- None Available
Ashlock Timothy Roy -- Investors Titlecorp
Berry Ned T -- --
Berry Ned L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manwani Shalimar $2,697
Previous Owner Manwani Shalimar $85,868
Previous Owner Walker Austin D $29,925
Previous Owner Weeks Cortni $40,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2017 01/26/17 Sold $39,900 -20.0% $51 / Sq Ft
01/07/2017 01/07/17 Pending -- -- --
01/04/2016 01/04/16 For Sale $49,900 +11.1% $64 / Sq Ft
08/08/2014 08/08/14 Sold $44,900 0.0% $58 / Sq Ft View Prior Sale
07/07/2014 07/07/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $44,900 -- $58 / 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 $719 $68,700 $5,900 $62,800
2023 $696 $68,700 $5,900 $62,800
2022 $643 $70,200 $5,900 $64,300
2021 $353 $35,400 $5,900 $29,500
2020 $842 $35,400 $5,900 $29,500
2019 $843 $35,400 $5,900 $29,500
2018 $834 $35,400 $5,900 $29,500
2017 $951 $40,000 $7,000 $33,000
2016 $266 $40,000 $7,000 $33,000
2014 $172 $39,800 $7,000 $32,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201600231

Indiana Regional MLS

APN: 12-10-11-208-005.000-021