NOT LISTED FOR SALE

508 E Mcclurg St Frankfort, IN 46041

Estimated Value: $80,000 - $147,000

1 Bed
1 Bath
888 Sq Ft
$138/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $70,000 $79 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $735/month

36 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Privacy Fence
  • Partially Wooded Lot
  • Forced Air Heating System

About This Home

As of April 2022

Back on the market! Sellers needed to make arrangements for moving and temporarily withdrew listing. Investors or dreamers! So much potential in this handyman special! On just over an ACRE of land in town, live in fixer-upper while you build (variance permitting) and then rent out home. Or finish out the home and have one of the largest pieces of land in town! Potentially 2 bedrooms. Current home has some updates including 2 year old furnace and updated kitchen cabinets. Hardwood floors. New PEX pipes run from city water into home. The rest is left to your hard work and imagination! A full basement provides extra space for living or storage. A beautiful deck overlook the massive fenced yard with mature trees. Bring your dogs and utilize the huge dog kennel/run. Low taxes. Home being sold as-is

Last Agent to Sell the Property

Lorrie Monn

Key Realty Indiana Listed on: 12/30/2021

Key Realty Indiana

Last Buyer's Agent

BLOOM NonMember

NonMember BL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $455

Year Built

  • Built in 1946

Lot Details

  • 1.04 Acre Lot
  • Lot Dimensions are 190x227
  • Privacy Fence
  • Partially Wooded Lot

Home Design

  • Ranch Style House

Interior Spaces

  • Wood Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Unfinished Basement

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

Schools

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

Additional Features

  • Suburban Location
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 12-11-11-010-001.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$455

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1946
  • Age: 76
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 5
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 016-19188-00 PT NW NW SW SW 11-21-1W .954A
  • Parcel Number ID: 12-11-11-010-001.000-021
  • Platted: Yes
  • Amenities: Deck Open, Detector-Smoke
  • Location: City/Town/Suburb
  • Sp Lp Percent: 93.46
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1776
  • Total Finished Sq Ft: 888
  • Above Grade Finished Sq Ft: 888
  • Below Grade Sq Ft: 888
  • Price Per Sq Ft: 78.83
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 12x10, On Level: Main
  • Kitchen: Dimensions: 13x11, On Level: Main
  • Dining Room: Dimensions: 16x11, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 888

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: None
  • Fence: Privacy

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Frankfort Munic. Util.

Schools

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

Lot Info

  • Lot Description: Partially Wooded, 0-2.9999
  • Lot Dimensions: 190x227
  • Estimated Lot Sq Ft: 45259
  • Estimated Lot Size Acres: 1.039

Tax Info

  • Annual Taxes: 455
  • 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
Dec 30, 2021
Closed on
Apr 29, 2022
Sold by
Stafford Bethaney J
Bought by
Rhode Tammy
Seller's Agent
Lorrie Monn
Key Realty Indiana
Buyer's Agent
BLOOM NonMember
NonMember BL
List Price
$74,900
Sold Price
$70,000
Premium/Discount to List
-$4,900
-6.54%
Current Estimated Value
$122,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,104
Avg. Annual Appreciation
12.65%

Purchase Details

Listed on
May 8, 2014
Closed on
Jul 18, 2014
Sold by
Reeder Brandon D
Bought by
Stafford Bethaney J
Seller's Agent
Greg Risse
Risse Realty
Buyer's Agent
Toni Slaughter
F.C. Tucker/Shook
List Price
$54,900
Sold Price
$51,000
Premium/Discount to List
-$3,900
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%
Original Mortgage
$50,076
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 25, 2011
Sold by
Timmons Mark A and Timmons Brenda M
Bought by
Reeder Brandon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,632
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2010
Sold by
Sharp Brad and David Little C
Bought by
Timmons Mark A and Timmons Brenda M

Purchase Details

Closed on
Oct 22, 2010
Sold by
Sharp Brad and David Little C
Bought by
Timmons Mark A and Timmons Brenda M
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
Rhode Tammy -- --
Stafford Bethaney J -- None Available
Reeder Brandon R -- None Available
Timmons Mark A $20,000 Power Little & Little
Timmons Mark A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhode Tammy $84,000
Closed Rhode Tammy $5,900
Closed Rhode Tammy $58,000
Previous Owner Stafford Bethaney J $50,076
Previous Owner Reeder Brandon R $51,632
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $70,000 -6.5% $79 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $74,900 +46.9% $84 / Sq Ft
07/18/2014 07/18/14 Sold $51,000 -7.1% $57 / Sq Ft
05/24/2014 05/24/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $54,900 -- $62 / 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 $853 $79,800 $15,000 $64,800
2023 $723 $70,200 $15,000 $55,200
2022 $465 $59,200 $15,000 $44,200
2021 $457 $55,900 $15,000 $40,900
2020 $470 $55,900 $15,000 $40,900
2019 $443 $55,900 $15,000 $40,900
2018 $441 $55,900 $15,000 $40,900
2017 $371 $50,300 $11,400 $38,900
2016 $364 $51,100 $11,500 $39,600
2014 $236 $50,300 $11,500 $38,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202200013

Indiana Regional MLS

APN: 12-10-11-101-001.000-021