NOT LISTED FOR SALE

308 Washington Ave Unit 4 Frankfort, IN 46041

Estimated Value: $184,524 - $277,000

4 Beds
4 Baths
4,240 Sq Ft
$50/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $151,000 $36 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,483/month

42 Days on Market

Highlights

  • Lake Property
  • Covered Patio or Porch
  • Luxury Vinyl Tile Flooring
  • Corner Lot
  • Entrance Foyer
  • Hot Water Heating System

About This Home

As of June 2022

4 Unit apartment building located near downtown Frankfort. Contains 2 upper and 2 lower level large 1 bedroom apartments. Recent updates include newer roof, updated electrical services and many replacement windows.

Last Agent to Sell the Property

John Milholland

Risse Realty Listed on: 05/03/2022

Last Buyer's Agent

Courtney Lendman

C&C Home Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,330

Year Built

  • Built in 1900

Lot Details

  • 9,553 Sq Ft Lot
  • Lot Dimensions are 72 x 162 x 66 x 128
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Insulated Windows
  • Entrance Foyer
  • Fire and Smoke Detector
  • Laminate Countertops
  • Partially Finished Basement

Flooring

  • Carpet
  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Lake Property
  • Covered Patio or Porch

Schools

  • Suncrest Elementary School
  • Frankfort Middle School
  • Frankfort High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for building insurance, fuel, lawn maintenance, maintenance, sewer, snow removal, trash collection, water
  • Assessor Parcel Number 12-10-11-106-007.000-021

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • Fuel Expense $3,530
  • Trash Expense $655
  • Water Sewer Expense $3,715

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,330

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1900
  • Age: 122
  • Style: Two Story
  • Architectural Style: Foursquare
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: PT. W. NW. 11-21-1W .22 A
  • Parcel Number ID: 12-10-11-106-007.000-021
  • Platted: Yes
  • Amenities: Basement, Cable Available, Countertops-Laminate, Detector-Smoke, Foyer Entry, Porch Covered, Water Heater Gas
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100.73
  • Zoning Description: C Residence District
  • Monthly Gross Income: 1675
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 5240
  • Total Finished Sq Ft: 4240
  • Above Grade Finished Sq Ft: 4240
  • Below Grade Sq Ft: 1000
  • Price Per Sq Ft: 35.61
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Brick
  • Flooring: Carpet, Laminate, Vinyl Tile
  • Total Below Grade Sq Ft: 1000
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 6
  • Parking: Gravel, Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Frankfort Munic. Util.
  • Gas Company: CenterPoint Energy
  • Cable Company: Comcast, AT&T
  • Annual Fuel Expense: 3530
  • Annual Trash Expense: 655
  • Annual Water Sewer Expense: 3715
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities
  • Pet Restrictions: Yes

Schools

  • School District: Community Schools of Frankfort
  • Elementary School: Suncrest
  • Middle School: Frankfort
  • High School: Frankfort
  • Elementary School: Suncrest

Lot Info

  • Lot Description: Corner, Lake, 0-2.9999
  • Lot Dimensions: 72 x 162 x 66 x 128
  • Estimated Lot Sq Ft: 9553
  • Estimated Lot Size Acres: 0.2193

Green Features

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

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Fuel, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Trash Collection, Water
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 100300
  • Annual Property Tax: 2330.12

Multi Family

  • Gross Monthly Rent: 1675
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 4
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 4

MLS Schools

  • High School: Frankfort
  • Middle School: Frankfort
  • School District: Community Schools of Frankfort

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jun 30, 2022
Sold by
Miketim Llc
Bought by
Adkins Doug and Adkins Amanda
Seller's Agent
John Milholland
Risse Realty
Buyer's Agent
Courtney Lendman
C&C Home Realty
List Price
$149,900
Sold Price
$151,000
Premium/Discount to List
$1,100
0.73%
Current Estimated Value
$213,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,631
Avg. Annual Appreciation
8.59%
Original Mortgage
$80,000
Outstanding Balance
$73,554
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$122,339

Purchase Details

Closed on
May 21, 2019
Sold by
Miketim Llc
Bought by
City Of Frankfort

Purchase Details

Closed on
Aug 23, 2013
Sold by
Kelley Michael L and Kelley Timothy J
Bought by
Miketim Llc

Purchase Details

Closed on
Dec 18, 2012
Sold by
Kelley Michael L and Kelley Timothy J
Bought by
Kelley Michael L and Kelley Timothy J

Purchase Details

Closed on
Sep 15, 2000
Sold by
Kelley John P and Hw Betty
Bought by
Kelley John P and Kelley Betty A Tr
Source: Public Records

Range of Values:

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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
Adkins Doug -- --
City Of Frankfort $2,100 None Available
Miketim Llc -- None Available
Kelley Michael L -- None Available
Kelley John P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adkins Doug $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $151,000 +0.7% $36 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $149,900 0.0% $35 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $149,900 -- $35 / 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 $3,833 $170,800 $11,600 $159,200
2023 $3,371 $147,100 $11,600 $135,500
2022 $2,734 $120,000 $11,600 $108,400
2021 $2,315 $100,300 $11,600 $88,700
2020 $2,358 $100,300 $11,600 $88,700
2019 $2,373 $100,800 $12,100 $88,700
2018 $2,342 $100,600 $12,100 $88,500
2017 $2,350 $99,800 $11,800 $88,000
2016 $2,280 $96,100 $11,800 $84,300
2014 $1,910 $95,500 $11,800 $83,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    John Milholland

    Risse Realty

    (765) 242-3460

    17 Total Sales

    John Milholland
    Section Image
  • Courtney Lendman

    Buyer's Agent in 2022

    Courtney Lendman

    C&C Home Realty

    (765) 532-7014

    127 Total Sales

    Courtney Lendman
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202216555

Indiana Regional MLS

APN: 12-10-11-106-007.000-021

Indiana Clinton County Frankfort 46041

308 Washington Ave Unit 4, Frankfort, IN

This home is located at 308 Washington Ave Unit 4, Frankfort, IN 46041 since 03 May 2022 and is currently estimated at $213,631, approximately $50 per square foot. This property was built in 1900. 308 Washington Ave Unit 4 is a home located in Clinton County with nearby schools including Frankfort Senior High School and Frankfort Covenant Academy.

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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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