NOT LISTED FOR SALE

506 Central Ave Frankfort, IN 46041

Estimated Value: $131,000

3 Beds
2 Baths
1,592 Sq Ft
$82/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $230,000 $144 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $727/month

35 Days on Market

Highlights

  • Primary Bedroom Suite
  • 2.5 Car Detached Garage
  • Bathtub with Shower
  • Corner Lot
  • Enclosed Patio or Porch
  • Bungalow

About This Home

As of June 2024

This charming 3 bedroom, 2 bath home, nestled on a corner lot, is a perfect blend of modern updates and classic charm. The newly remodeled interior features upgraded plumbing, electrical, kitchen, bathrooms, flooring and more. The spacious layout offers ample room for comfortable living, while the 2.5 car garage provides space for 4 vehicles and additional storage space. Don't miss out on owning this incredible home!

Last Agent to Sell the Property

Janilyn Layton

BerkshireHathaway HS IN Realty Brokerage Phone: 765-491-0585 Listed on: 04/03/2024

BerkshireHathaway HS IN Realty

Last Buyer's Agent

Laura Guajardo

BerkshireHathaway HS IN Realty

BerkshireHathaway HS IN Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $170

Year Built

  • Built in 1935

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 86 x 145
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • Irregular Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Gas Oven or Range
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Partially Finished Basement

  • Sump Pump
  • Block Basement Construction
  • Crawl Space

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Enclosed Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 12-10-09-229-011.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$170

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1935
  • Age: 89
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 016-13259-00 Delongs Add Lot 40 773, 016-13260-00 Delongs Add Lot 41 338
  • Parcel Number ID: 12-10-09-229-011.000-021
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Ceiling Fan(s), Detector-Smoke, Disposal, Dryer Hook Up Electric, Garage Door Opener, Porch Enclosed, Range/Oven Hook Up Gas, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Sump Pump
  • Improvmnts In Last5 Yrs: Yes
  • Location: City/Town/Suburb
  • Parcel Id2: 12-10-09-229-012.000-021
  • Sp Lp Percent: 97.87
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2312
  • Total Finished Sq Ft: 1592
  • Above Grade Finished Sq Ft: 1592
  • Below Grade Sq Ft: 720
  • Price Per Sq Ft: 144.47
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 15x12, On Level: Main
  • Kitchen: Dimensions: 14x11, On Level: Main
  • Dining Room: Dimensions: 13x12, On Level: Main
  • Family Room: Dimensions: 15x16, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 11x9, On Level: Main
  • Bedroom 3: Dimensions: 10x11, On Level: Main
  • Other Room1: Dimensions: 7x12, On Level: Main
  • Other Room 2: Enclosed Front Porch, Dimensions: 8x10, On Level: Main
  • Other Room 3: Enclosed Back Porch
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 720

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 8x10
  • Fence: Chain Link

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 30x24
  • Garage Sq Ft: 720
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx7, On Level: 8

Schools

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

Lot Info

  • Lot Description: Corner, Irregular, Level
  • Lot Dimensions: 86 x 145
  • Estimated Lot Sq Ft: 12470
  • Estimated Lot Size Acres: 0.29

Tax Info

  • Annual Taxes: 15.32
  • Exemptions: Homestead, Mortgage

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
Apr 3, 2024
Closed on
Jun 17, 2024
Sold by
Rodriguez Joshua and Hune Adrianna
Bought by
Guajardo Laura A and Guajardo Christopher J
Seller's Agent
Janilyn Layton
BerkshireHathaway HS IN Realty
Buyer's Agent
Laura Guajardo
BerkshireHathaway HS IN Realty
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Views
124
Current Estimated Value
$131,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$99,000
Avg. Annual Appreciation
-37.20%
Original Mortgage
$150,000
Outstanding Balance
$148,503
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$17,503

Purchase Details

Closed on
Mar 9, 2023
Sold by
Mitchell Robert L
Bought by
Mccullough Eric R

Purchase Details

Closed on
Sep 15, 2022
Sold by
Mitchell Robert L
Bought by
Mccullough Eric
Source: Public Records

Range of Values:

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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
Guajardo Laura A $277,000 None Listed On Document
Mccullough Eric R -- None Listed On Document
Mccullough Eric -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guajardo Laura A $150,000
Previous Owner Rodriguez Joshua $217,171
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $230,000 -2.1% $144 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $235,000 +9.3% $148 / Sq Ft
10/27/2023 10/27/23 Sold $215,000 +7.5% $135 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $199,999 -- $126 / 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 $170 $7,000 $6,100 $900
2023 $174 $7,000 $6,100 $900
2022 $173 $7,000 $6,100 $900
2021 $161 $6,700 $6,100 $600
2020 $167 $6,700 $6,100 $600
2019 $168 $6,700 $6,100 $600
2018 $166 $6,700 $6,100 $600
2017 $195 $7,800 $7,100 $700
2016 $200 $7,900 $7,100 $800
2014 $166 $7,900 $7,100 $800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202410938

Indiana Regional MLS

APN: 12-10-09-229-012.000-021