NOT LISTED FOR SALE

405 E Washington St Frankfort, IN 46041

Estimated Value: $74,000 - $165,000

3 Beds
2 Baths
1,919 Sq Ft
$63/Sq Ft Est. Value

Last Sold July 21, 2020

Last sale price $30,000 $16 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $776/month

1 Day on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • 1-Story Property
  • Covered patio or porch
  • Ceiling Fan

About This Home

As of July 2020

Duplex for sale! Unit # 1: 19x13 Kitchen, 16x13 Living room, 16x14 Bedroom, 10x10 Bedroom and Full bath. Unit #2: 8x10 Kitchen, 13x15 Living room, 9x7 entry porch, 12x14 Bedroom, and full bath area. This duplex has the rooms only with 2 Furnaces (assumed by owner to work). 2 Separate electric panels, but all plumbing and fixture have been removed. Needs work to be livable. The front power works and unsure of the back unit. Roof looks really good, but seller does not know the age of roof. Selling As-Is only.

Last Listed By

Julie Knight

BerkshireHathaway HS IN Realty Listed on: 06/24/2020

BerkshireHathaway HS IN Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $680

Year Built

  • Built in 1918

Lot Details

  • 3,315 Sq Ft Lot
  • Lot Dimensions are 39 x 85
  • Sloped Lot

Home Design

  • Duplex
  • Brick Foundation
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,919 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Storage In Attic
  • Eat-In Kitchen

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Heating System Uses Gas
  • Private Company Owned Well
  • Gas Water Heater

Additional Features

  • Covered patio or porch
  • Suburban Location

Community Details

  • 2 Units
  • 2 Separate Electric Meters

Listing and Financial Details

  • Assessor Parcel Number 12-10-10-283-003.000-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$680

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1918
  • Age: 102
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT LOTS 2-3&4 N DAVIS 1ST
  • Parcel Number ID: 12-10-10-283-003.000-021
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Attic Storage, Eat-In Kitchen, Porch Covered, Water Heater Gas
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Near College Campus
  • Sp Lp Percent: 91.19
  • Year Taxes Payable: 20 pay 21
  • Special Features: None

Interior Features

  • Total Sq Ft: 1919
  • Total Finished Sq Ft: 1919
  • Above Grade Finished Sq Ft: 1919
  • Price Per Sq Ft: 15.63
  • Basement Foundation: Crawl
  • Basement Material: Block, Brick
  • Flooring: Laminate, Wood

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Off Street

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Gas Company: CenterPoint Energy
  • Well Type: Private
  • Number Electric Meters: 2
  • Number Of W D Hookups: 1

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: Slope
  • Lot Dimensions: 39 X 85
  • Estimated Lot Sq Ft: 3315
  • Estimated Lot Size Acres: 0.08

Tax Info

  • Total Assessed Value: 29100
  • Annual Property Tax: 680

Multi Family

  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1

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
Dec 31, 2024
Sold by
Leon Humberto
Bought by
Guzman Andres Lopez
Total Days on Market
1
Current Estimated Value
$121,657

Purchase Details

Listed on
Jun 24, 2020
Closed on
Jul 20, 2020
Sold by
Nelson David J
Bought by
Leon Humberto
Seller's Agent
Julie Knight
BerkshireHathaway HS IN Realty
Buyer's Agent
Julie Knight
BerkshireHathaway HS IN Realty
List Price
$32,900
Sold Price
$30,000
Premium/Discount to List
-$2,900
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.90%

Purchase Details

Listed on
Mar 5, 2018
Closed on
Mar 22, 2018
Sold by
Goar J V
Bought by
Nelson David J
Seller's Agent
Allyson Schutte
Epique Inc.
Buyer's Agent
Allyson Schutte
Epique Inc.
List Price
$16,500
Sold Price
$10,000
Premium/Discount to List
-$6,500
-39.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.24%

Purchase Details

Closed on
Feb 11, 2002
Sold by
Goar James V 9
Bought by
Goar James V

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
Guzman Andres Lopez -- None Listed On Document
Guzman Andres Lopez $70,000 None Listed On Document
Leon Humberto -- None Available
Nelson David J $10,000 Moore Title & Escrow
Nelson David J $10,000 Moore Title & Escrow
Goar James V $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner J V Goar Revocable Trust $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2020 07/21/20 Sold $30,000 -8.8% $16 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $32,900 +229.0% $17 / Sq Ft
03/22/2018 03/22/18 Sold $10,000 -39.4% $5 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $16,500 -- $9 / 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 $1,179 $51,600 $7,000 $44,600
2023 $1,131 $48,900 $7,000 $41,900
2022 $971 $42,200 $7,000 $35,200
2021 $1,692 $29,100 $7,000 $22,100
2020 $695 $29,100 $7,000 $22,100
2019 $696 $29,100 $7,000 $22,100
2018 $686 $29,000 $7,000 $22,000
2017 $694 $29,000 $6,600 $22,400
2016 $661 $29,300 $6,600 $22,700
2014 $580 $29,000 $6,600 $22,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202023852

Indiana Regional MLS

APN: 12-10-10-283-003.000-021