2775 E State Road 28 Frankfort, IN 46041
Estimated payment $7,124/month
Highlights
- Guest House
- 18.77 Acre Lot
- Ranch Style House
- Updated Kitchen
- Mature Trees
- Pole Barn
About This Home
Rare Find! This incredible property offers not one but TWO homes, plus acreage and outbuildings! The main residence is a stunning 5 bed, 4 bath custom all-brick ranch with an attached 3-car garage, 2x6" walls, gorgeous quartz countertops, a whole-home generator, and a beautiful 4-seasons room overlooking the countryside. The spacious primary suite boasts his-and-hers bathrooms. A separate 2 bed, 1 bath home with its own garage makes the perfect guest house, in-law suite, or rental opportunity. Outside, enjoy a 32'x40' heated shop and an additional 30'x45' pole barn, both with concrete floors. And that's not all, this property also comes with 15 tillable acres, ideal for income production or easily converted to pasture for horses or livestock. *2 Bedroom home is being sold as-is. Interior photos available upon request. SHOWINGS BEGIN ON OCTOBER 3RD
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,500
Year Built
- Built in 1994
Lot Details
- 18.77 Acre Lot
- Rural Setting
- Mature Trees
- Additional Parcels
Parking
- 3 Car Attached Garage
Home Design
- Ranch Style House
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- Woodwork
- Paddle Fans
- Entrance Foyer
- Attic Access Panel
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Electric Oven
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Home Security
- Home Security System
- Carbon Monoxide Detectors
Outdoor Features
- Pole Barn
- Gazebo
- Outdoor Storage
Additional Homes
- Guest House
Schools
- Blue Ridge Primary Elementary Sch
- Frankfort Middle School
- Green Meadows Intermediate Elementary
- Frankfort High School
Utilities
- Forced Air Heating and Cooling System
- Power Generator
- Well
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 12-11-07-426-001.000-001
- Assessor Parcel Number 121107426001000001
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,707 | $325,000 | $31,100 | $293,900 |
| 2023 | $3,796 | $325,000 | $31,100 | $293,900 |
| 2022 | $3,635 | $325,000 | $31,100 | $293,900 |
| 2021 | $3,534 | $300,000 | $31,100 | $268,900 |
| 2020 | $3,558 | $300,000 | $31,100 | $268,900 |
| 2019 | $3,474 | $310,300 | $31,100 | $279,200 |
| 2018 | $3,283 | $296,000 | $31,100 | $264,900 |
| 2017 | $3,237 | $293,100 | $31,100 | $262,000 |
| 2016 | $2,923 | $245,500 | $31,100 | $214,400 |
| 2014 | $1,736 | $244,900 | $28,800 | $216,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2025 10/03/25 | For Sale | $1,250,000 | -- | $288 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22063172
APN: 12-11-07-426-001.000-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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