NOT LISTED FOR SALE

308 S Main St Frankfort, IN 46041

Estimated Value: $101,000 - $118,000

3 Beds
3 Baths
3,155 Sq Ft
$35/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $80,000 $25 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $812/month

145 Days on Market

About This Home

As of February 2024

Triplex that needs fully renovated. No units are rented. Make a new investment today!

Last Agent to Sell the Property

Heather Roth

F.C. Tucker/Shook Listed on: 09/25/2023

F.C. Tucker/Shook

Last Buyer's Agent

Heather Roth

F.C. Tucker/Shook Listed on: 09/25/2023

F.C. Tucker/Shook

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,146 Sq Ft Lot
  • Lot Dimensions are 58x141
  • Level Lot

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

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

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 12-10-10-403-004.000-021

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 124
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 016-28111-00 PENCES'S ADD 57 1/2' X 132' BLK 1 129
  • Parcel Number ID: 12-10-10-403-004.000-021
  • Platted: Yes
  • Sp Lp Percent: 80
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 4647
  • Total Finished Sq Ft: 3155
  • Above Grade Finished Sq Ft: 3155
  • Below Grade Sq Ft: 1492
  • Price Per Sq Ft: 25.36
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Unfinished
  • Total Below Grade Sq Ft: 1492

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

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
  • Lot Dimensions: 58x141
  • Estimated Lot Sq Ft: 8146
  • Estimated Lot Size Acres: 0.187

Tax Info

  • Annual Property Tax: 2415.04

Multi Family

  • Number Of Units: 3

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
Oct 3, 2024
Sold by
Windjammer Investment Properties Llc
Bought by
View From Above Llc
Current Estimated Value
$109,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,080
Outstanding Balance
$522,030
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
-$412,530

Purchase Details

Listed on
Sep 25, 2023
Closed on
Feb 29, 2024
Sold by
Beacon Property Partners Llc
Bought by
Windjammer Inv Properties Llc
Seller's Agent
Heather Roth
F.C. Tucker/Shook
Buyer's Agent
Heather Roth
F.C. Tucker/Shook
List Price
$120,000
Sold Price
$80,000
Premium/Discount to List
-$40,000
-33.33%
Views
325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.53%

Purchase Details

Closed on
Jul 6, 2022
Sold by
Waggoner John J and Waggoner Stephen W
Bought by
Beacon Property Partners Llc

Purchase Details

Closed on
Apr 16, 2022
Sold by
Mathews Martin L
Bought by
Waggoner John J and Waggoner Stephen W
Source: Public Records

Range of Values:

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Average Value
Not Available
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
View From Above Llc -- None Listed On Document
View From Above Llc -- None Listed On Document
Windjammer Inv Properties Llc -- Royal Title
Beacon Property Partners Llc -- None Listed On Document
Waggoner John J -- Ryan Moore Cook Triplett & Alb
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open View From Above Llc $530,080
Closed View From Above Llc $530,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $80,000 -20.0% $25 / Sq Ft
02/17/2024 02/17/24 Pending -- -- --
02/13/2024 02/13/24 Price Changed $100,000 -16.7% $32 / Sq Ft
10/12/2023 10/12/23 For Sale $120,000 0.0% $38 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $120,000 -- $38 / 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 $2,753 $122,300 $13,200 $109,100
2023 $2,666 $116,200 $13,200 $103,000
2022 $2,299 $100,800 $13,200 $87,600
2021 $3,488 $75,100 $13,200 $61,900
2020 $1,769 $75,100 $13,200 $61,900
2019 $1,772 $75,100 $13,200 $61,900
2018 $1,750 $75,000 $13,200 $61,800
2017 $1,765 $73,300 $12,300 $61,000
2016 $1,681 $74,000 $12,300 $61,700
2014 $1,503 $73,500 $12,300 $61,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202335069

Indiana Regional MLS

APN: 12-10-10-403-004.000-021