NOT LISTED FOR SALE

508 S Main St Frankfort, IN 46041

Estimated Value: $248,000 - $362,000

4 Beds
3.5 Baths
3,605 Sq Ft
$85/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $211,000 $59 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,837/month

171 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 2 Car Detached Garage
  • Fireplace in Bedroom
  • Workshop
  • Eat-In Kitchen

About This Home

As of August 2020

LOVE THE LOOK OUTSIDE? - An architectural gem inside and out. Yes, this lovely family home will WOW you from the moment you step into the foyer with the open staircase. With its grand fireplace and French doors the large living room is a great gathering space. The main floor also features spacious formal dining room, sun room/library with fireplace and built-in bookcases, ½ bath and kitchen with 2 separate dining areas. Continue upstairs to 3 bedrooms and 2 baths. The master suite features a fireplace, charming en-suite bath with walk-in shower and a large walk-in closet. Storage will not be a problem in this house with a wall of built-ins in the upstairs hallway and a huge walk-up attic. The basement features the 4th bedroom, bath, utility room and game room. So, you’ve got 2,687 sq. ft on the first and second floors- PLUS – about 1,100 sq. ft. in the basement – PLUS - attic storage space. You’ll enjoy the patio with lots of summertime shade. 20x23 detached garage. Exterior trim painted July 2020. DON’T MISS THIS SPECIAL HOME !!

Last Agent to Sell the Property

Dave Rodkey

Dave Rodkey, REALTORS Listed on: 02/05/2020

Last Buyer's Agent

RACI NonMember

NonMember RACI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,671

Year Built

  • Built in 1917

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Level Lot
  • Zoning described as D Residence

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Tile Roof

Interior Spaces

  • 2.5-Story Property
  • Crown Molding
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • 3 Fireplaces
  • Workshop
  • Walkup Attic
  • Fire and Smoke Detector
  • Laundry Chute

Kitchen

  • Eat-In Kitchen
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Bedroom
  • Walk-In Closet

Partially Finished Basement

  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Schools

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

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Gas

Additional Features

  • Patio
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 12-10-10-411-009.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,671

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1917
  • Age: 103
  • Style: Two and Half Story
  • Architectural Style: Colonial
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: Armstrong's 1st addition lot 2
  • Parcel Number ID: 12-10-10-411-009.000-021
  • Platted: Yes
  • Amenities: Attic-Walk-up, Closet(s) Walk-in, Crown Molding, Detector-Smoke, Disposal, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Laundry-Chute, Patio Open, Workshop
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 1
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 102.43
  • Zoning Description: D Residence
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3787
  • Total Finished Sq Ft: 3605
  • Above Grade Finished Sq Ft: 2687
  • Below Grade Finished Sq Ft: 918
  • Below Grade Sq Ft: 182
  • Price Per Sq Ft: 78.53
  • Basement: Yes
  • Basement Foundation: Partial Basement, Partially Finished
  • Basement Material: Brick
  • Number Of Fireplaces: 3
  • Fireplace: Den, Living/Great Rm, 1st Bdrm, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood Floors, Tile
  • Living Great Room: Dimensions: 13x27, On Level: Main
  • Kitchen: Dimensions: 10x16, On Level: Main
  • Breakfast Room: Dimensions: 8x11, On Level: Main
  • Dining Room: Dimensions: 13x15, On Level: Main
  • Den: Dimensions: 9x22, On Level: Main
  • Recreation Room: Dimensions: 13x32, On Level: Basement
  • Bedroom 1: Dimensions: 14x14, On Level: Upper
  • Bedroom 2: Dimensions: 13x13, On Level: Upper
  • Bedroom 3: Dimensions: 11x13, On Level: Upper
  • Bedroom 4: Dimensions: 12x12, On Level: Basement
  • Other Room1: Rec room, Dimensions: 13x32, On Level: Basement
  • Main Level Sq Ft: 1520
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1100

Exterior Features

  • Exterior: Brick
  • Roof Material: Tile
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x23
  • Garage Sq Ft: 460
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Frankfort Munic. Util.
  • Gas Company: CenterPoint Energy
  • Laundry: Dimensions: Basementx14, On Level: 13

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: Level
  • Lot Dimensions: 66x132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Tax Info

  • Annual Taxes: 1671.04
  • Total Assessed Value: 145200
  • Exemptions: Homestead

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
Feb 5, 2020
Closed on
Aug 31, 2020
Sold by
Glover Steve and Glover Kathy
Bought by
Murphy Michael T and Murphy Melodie
Seller's Agent
Dave Rodkey
Dave Rodkey, REALTORS
Buyer's Agent
RACI NonMember
NonMember RACI
List Price
$206,000
Sold Price
$211,000
Premium/Discount to List
$5,000
2.43%
Current Estimated Value
$307,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,277
Avg. Annual Appreciation
7.63%
Original Mortgage
$211,000
Outstanding Balance
$187,592
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$119,685
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
Murphy Michael T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Michael T $211,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $211,000 +2.4% $59 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $206,000 0.0% $57 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
06/10/2020 06/10/20 Price Changed $206,000 -4.6% $57 / Sq Ft
02/05/2020 02/05/20 For Sale $216,000 -- $60 / 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 $2,414 $232,200 $14,500 $217,700
2023 $2,432 $235,400 $14,500 $220,900
2022 $2,231 $201,900 $14,500 $187,400
2021 $1,426 $145,200 $14,500 $130,700
2020 $1,435 $145,200 $14,500 $130,700
2019 $1,688 $145,200 $14,500 $130,700
2018 $1,671 $145,200 $14,500 $130,700
2017 $1,620 $139,600 $13,500 $126,100
2016 $1,524 $141,100 $13,500 $127,600
2014 $1,400 $140,000 $13,500 $126,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202004424

Indiana Regional MLS

APN: 12-10-10-411-009.000-021