NOT LISTED FOR SALE

2607 E County Road 550 N Frankfort, IN 46041

Estimated Value: $210,000 - $275,000

3 Beds
1.5 Baths
1,424 Sq Ft
$179/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $175,000 $123 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,437/month

2 Days on Market

Highlights

  • Partially Wooded Lot
  • Eat-In Kitchen
  • Bungalow
  • 2 Car Detached Garage
  • Bathtub with Shower
  • 1-Story Property

About This Home

As of September 2019

Very nice country home is larger than it looks. Very well maintained and nicely updated, this home offers 3 bedrooms and 1.5 baths. Large living room/dining room combination, plus eat-in kitchen with appliances included. Laundry room with 1/2 bath and set-up for shower. Washer and Dryer included. Partial basement, plus high efficiency furnace and updated 200 amp electric service. Also features an metal roof, newer siding and replacement windows. Updated septic system too. Nice wood patio in the rear along with a 2 car detached garage and large farm barn in good condition. Sits on a spacious 1.78 acre site. Clinton Central Schools and 4 miles from State Road 26 for access to Lafayette or Kokomo.

Last Agent to Sell the Property

Greg Risse

Risse Realty Listed on: 08/16/2019

Last Buyer's Agent

Alex Risse

Risse Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $639

Year Built

  • Built in 1933

Lot Details

  • 1.78 Acre Lot
  • Lot Dimensions are 311.06' x 249.7'
  • Rural Setting
  • Partially Wooded Lot
  • Property is zoned A1, AG - Agricultural

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Bungalow
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Schools

  • Clinton Central Elementary And Middle School
  • Clinton Central High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Powered By Owned Propane
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 12-07-07-400-001.000-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$639

Year Built

Built in 1933

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1933
  • Style: One Story
  • Architectural Style: Bungalow
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT NW SE 7-22-1E 1.783A
  • Parcel Number ID: 12-07-07-400-001.000-019
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Countertops-Laminate, Deck Open, Detector-Smoke, Eat-In Kitchen, Garage Door Opener, Tub/Shower Combination
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural
  • Zoning Description: AG - Agricultural
  • County Zoning: A1
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2240
  • Total Finished Sq Ft: 1424
  • Above Grade Finished Sq Ft: 1424
  • Below Grade Sq Ft: 816
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 13x25, On Level: Main
  • Kitchen: Dimensions: 10x20, On Level: Main
  • Den: Dimensions: 9x13, On Level: Main
  • Bedroom 1: Dimensions: 13x13, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 9x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 816

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: Barn, Dimensions: 48x62, 2976

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 18x30
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air, Propane Tank Owned
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: Duke Energy Indiana
  • Cable Company: DirectTV, Dish Network
  • Hvac: High Efficiency Furnace
  • Laundry: Dimensions: Mainx7, On Level: 8
  • Well Type: Private

Schools

  • Elementary School: Clinton Central

Lot Info

  • Lot Description: Partially Wooded, 0-2.9999
  • Lot Dimensions: 311.06' x 249.7'
  • Estimated Lot Sq Ft: 77667
  • Estimated Lot Size Acres: 1.783

Green Features

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

Tax Info

  • Annual Taxes: 639
  • Exemptions: Homestead, Mortgage, Supplemental

MLS Schools

  • High School: Clinton Central
  • Middle School: Clinton Central
  • School District: Clinton Central School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2019
Closed on
Sep 20, 2019
Sold by
Hill Joshua A and Hill Angelica A
Bought by
Hurt Ellen M and Hurt Dennis R
Seller's Agent
Greg Risse
Risse Realty
Buyer's Agent
Alex Risse
Risse Realty
List Price
$174,900
Sold Price
$175,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$254,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,528
Avg. Annual Appreciation
6.21%
Original Mortgage
$166,250
Outstanding Balance
$145,622
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$108,906

Purchase Details

Closed on
Jun 15, 2018
Sold by
Hill Joshua A
Bought by
Hill Joshua A and Hill Angelica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 1999
Sold by
Kingery Robert R and Kingery Dianna C
Bought by
Hill Joshua A
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
Hurt Ellen M -- None Available
Hill Joshua A -- None Available
Hill Joshua A $88,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurt Ellen M $166,250
Previous Owner Hill Joshua A $113,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $175,000 +0.1% $123 / Sq Ft
08/18/2019 08/18/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $174,900 -- $123 / 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 $1,176 $141,900 $24,700 $117,200
2023 $1,223 $145,300 $24,700 $120,600
2022 $822 $121,200 $24,700 $96,500
2021 $754 $112,500 $24,700 $87,800
2020 $747 $112,500 $24,700 $87,800
2019 $694 $112,600 $24,700 $87,900
2018 $649 $109,000 $24,700 $84,300
2017 $599 $105,900 $24,700 $81,200
2016 $487 $88,500 $24,700 $63,800
2014 $280 $92,200 $30,100 $62,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201935695

Indiana Regional MLS

APN: 12-07-07-400-001.000-019