NOT LISTED FOR SALE

2271 E County Road 550 N Frankfort, IN 46041

Estimated Value: $211,000 - $300,000

3 Beds
1 Bath
1,647 Sq Ft
$160/Sq Ft Est. Value

Last Sold September 26, 2014

Last sale price $134,900 $82 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,372/month

217 Days on Market

Highlights

  • Spa
  • 2 Car Attached Garage
  • Patio
  • Traditional Architecture
  • Double Pane Windows
  • 1-Story Property

About This Home

As of September 2014

A real find in the country! You must see this lovely country home in northern Clinton County. Exceptionally well maintained and move-in ready. Features 3 bedrooms (all with hardwood floors), a large bath with dual basin vanity. Huge living room and spacious kitchen with range and refrigerator included. Also features a partial basement, a big 2.5 car garage with finished interior and updated electrical service and wiring. Outside you'll find a low maintenance exterior a huge 52' x 88' pole barn with partial concrete floor excellent for horses or other livestock. There is also a large grain bin. Hot tub on patio remains with the property. Wood furnace does not remain.

Last Agent to Sell the Property

Greg Risse

Risse Realty Listed on: 01/13/2014

Co-Listed By

Alex Risse

Risse Realty

Last Buyer's Agent

Greg Risse

Risse Realty Listed on: 01/13/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $510

Year Built

  • Built in 1930

Lot Details

  • 1.54 Acre Lot
  • Rural Setting
  • Level Lot
  • Zoning described as A-1

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Patio

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 12-07-07-300-006.001-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$510

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1930
  • Style: One Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT. NE SW S7 T22N R1E
  • Parcel Number ID: 12-07-07-300-006.001-019
  • Platted: Yes
  • Amenities: Hot Tub/Spa, Garage Door Opener, Patio Open
  • Location: Rural
  • Zoning Description: A-1
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2059
  • Total Finished Sq Ft: 1647
  • Above Grade Finished Sq Ft: 1647
  • Below Grade Sq Ft: 412
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Block
  • Living Great Room: Dimensions: 12x24, On Level: Main
  • Kitchen: Dimensions: 14x14, On Level: Main
  • Bedroom 1: Dimensions: 11x13, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 9x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 412

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 52x88

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x32

Utilities

  • Heating Fuel: Propane, Baseboard, Hot Water
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Lot Info

  • Lot Description: Level
  • Lot Dimensions: Unknown
  • Estimated Lot Sq Ft: 67213
  • Estimated Lot Size Acres: 1.543
  • Zoning: A Agricultural District

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 509.54
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2024
Sold by
Lewis Daniel and Lewis Kelsey
Bought by
Stevens Nicholas
Current Estimated Value
$251,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Outstanding Balance
$263,721
Interest Rate
7.22%
Mortgage Type
VA
Estimated Equity
-$276

Purchase Details

Closed on
Apr 16, 2024
Sold by
Lewis Daniel Milo and Lewis Daniel
Bought by
Lewis Daniel and Lewis Kelsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Outstanding Balance
$263,721
Interest Rate
7.22%
Mortgage Type
VA
Estimated Equity
-$276

Purchase Details

Listed on
Jan 13, 2014
Closed on
Sep 26, 2014
Sold by
Dewitt Dale R and Dewitt Maria K
Bought by
Lewis Daniel Milo
Seller's Agent
Greg Risse
Risse Realty
Buyer's Agent
Greg Risse
Risse Realty
List Price
$134,900
Sold Price
$134,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$132,442
Interest Rate
4.75%
Mortgage Type
FHA
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
Stevens Nicholas -- None Listed On Document
Lewis Daniel -- None Listed On Document
Lewis Daniel Milo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Nicholas $267,000
Previous Owner Lewis Daniel $192,000
Previous Owner Lewis Daniel Milo $132,442
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2014 09/26/14 Sold $134,900 0.0% $82 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $134,900 -- $82 / 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 $596 $158,000 $24,400 $133,600
2023 $1,521 $158,600 $24,400 $134,200
2022 $990 $128,800 $24,400 $104,400
2021 $891 $117,900 $24,400 $93,500
2020 $880 $117,900 $24,400 $93,500
2019 $820 $118,000 $24,400 $93,600
2018 $876 $125,300 $24,400 $100,900
2017 $841 $123,100 $24,400 $98,700
2016 $692 $103,000 $24,400 $78,600
2014 $450 $110,800 $29,700 $81,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201400867

Indiana Regional MLS

APN: 12-07-07-300-006.001-019