NOT LISTED FOR SALE

350 Sims St Unit 352 Frankfort, IN 46041

Estimated Value: $107,000 - $171,855

4 Beds
4 Baths
2,400 Sq Ft
$60/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $89,900 $37 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,027/month

6 Days on Market

Highlights

  • Cape Cod Architecture
  • Hot Water Heating System
  • Level Lot
  • Covered patio or porch
  • Energy-Efficient Windows
  • Carpet

About This Home

As of May 2022

2 unit building originally constructed as a duplex. Both offer living room, dining room, half bath and kitchen on the main level and 2 bedrooms and full bath on the upper level. Full basement and nice covered front porch. Recent updates include roof, electric services and most replacement windows.

Last Listed By

John Milholland

Risse Realty Listed on: 05/03/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,451

Year Built

  • Built in 1915

Lot Details

  • 3,498 Sq Ft Lot
  • Lot Dimensions are 52.8 x 66
  • Level Lot

Home Design

  • Duplex
  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Insulated Windows
  • Fire and Smoke Detector
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Parking Spaces
  • On-Street Parking

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
  • Covered patio or porch
  • Suburban Location

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable, electric, fuel
  • The owner pays for building insurance, lawn maintenance, tax
  • Assessor Parcel Number 12-10-11-106-005.000-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,451

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1915
  • Age: 107
  • Style: One and Half Story
  • Architectural Style: Cape Cod
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: OFF PT. NW. 11-21-1W .12A
  • Parcel Number ID: 12-10-11-106-005.000-021
  • Platted: Yes
  • Amenities: Basement, Cable Available, Countertops-Laminate, Detector-Smoke, Porch Covered, Water Heater Gas
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Zoning Description: B Residence District
  • Monthly Gross Income: 800
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 3600
  • Total Finished Sq Ft: 2400
  • Above Grade Finished Sq Ft: 2400
  • Below Grade Sq Ft: 1200
  • Price Per Sq Ft: 37.46
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Vinyl
  • Total Below Grade Sq Ft: 1200

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: 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

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 52.8 x 66
  • Estimated Lot Sq Ft: 3498
  • Estimated Lot Size Acres: 0.0803

Green Features

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

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Lawn Maintenance, Tax
  • Tenant Pays: Cable, Electric, Fuel

Tax Info

  • Total Assessed Value: 62200
  • Annual Property Tax: 1450.7

Multi Family

  • Gross Monthly Rent: 800
  • Number Of Units: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 2

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
Mar 1, 2024
Sold by
Cunningham John R and Cunningham Lindsey R
Bought by
Jl Cunningham Properties Llc
Total Days on Market
6
Current Estimated Value
$144,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Outstanding Balance
$92,739
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$50,529

Purchase Details

Listed on
May 3, 2022
Closed on
May 31, 2022
Sold by
Miketim Llc
Bought by
Lmch Rentals Llc
Seller's Agent
John Milholland
Risse Realty
Buyer's Agent
John Milholland
Risse Realty
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.18%

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 Kelley Betty A
Bought by
Kelley John P and Kelley Betty A Tr

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
Jl Cunningham Properties Llc $125,000 None Listed On Document
Cunningham John R $125,000 None Listed On Document
Lmch Rentals Llc -- --
Miketim Llc -- None Available
Kelley Michael L -- None Available
Kelley John P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cunningham John R $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $89,900 0.0% $37 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $89,900 -- $37 / 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 $2,715 $120,600 $6,700 $113,900
2023 $2,379 $103,600 $6,700 $96,900
2022 $1,923 $84,200 $6,700 $77,500
2021 $1,436 $62,200 $6,700 $55,500
2020 $1,468 $62,200 $6,700 $55,500
2019 $1,470 $62,200 $6,700 $55,500
2018 $1,452 $62,100 $6,700 $55,400
2017 $1,447 $61,200 $6,500 $54,700
2016 $1,402 $58,600 $6,500 $52,100
2014 $1,162 $58,100 $6,500 $51,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    John Milholland

    Risse Realty

    (765) 242-3460

    21 Total Sales

    John Milholland
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Map

Source: Indiana Regional MLS

MLS Number: 202216557

Indiana Regional MLS

APN: 12-10-11-106-005.000-021

Indiana Clinton County Frankfort 46041

350 Sims St Unit 352, Frankfort, IN

Homes for Sale in Frankfort, IN

This home is located at 350 Sims St Unit 352, Frankfort, IN 46041 since 03 May 2022 and is currently estimated at $144,464, approximately $60 per square foot. This property was built in 1915. 350 Sims St Unit 352 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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