NOT LISTED FOR SALE

51 & 53 W Wabash Streets Frankfort, IN 46041

Estimated Value: $77,000 - $195,000

4 Beds
2 Baths
1,768 Sq Ft
$81/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $145,000 $82 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $959/month

2 Days on Market

Highlights

  • Wood Flooring
  • Shed
  • Ceiling Fan
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of August 2024

This could be your next investment property! Each unit has two bedrooms and one bathroom. The basement is divided in two, giving both tenants extra storage space. 51 comes with access to a storage shed in the backyard, while 53 has the convenience of a one care detached garage. Walking distance from downtown, the pharmacy, and convenience stores.

Last Agent to Sell the Property

Leslie Valadez

Trueblood Real Estate Brokerage Phone: 765-336-8542 Listed on: 08/01/2024

Trueblood Real Estate

Last Buyer's Agent

Autumn Smith

BerkshireHathaway HS IN Realty

BerkshireHathaway HS IN Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,334

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50x75
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Shed
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, trash collection
  • The owner pays for maintenance, sewer, tax, water
  • Assessor Parcel Number 12-10-10-403-002.000-021

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $701
  • Maintenance Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,334

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 124
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 016-08083-00 50 1/2' X 75 1/2' W END BLK 1
  • Parcel Number ID: 12-10-10-403-002.000-021
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Water Heater Gas
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1200
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 2652
  • Total Finished Sq Ft: 1768
  • Above Grade Finished Sq Ft: 1768
  • Below Grade Sq Ft: 884
  • Price Per Sq Ft: 82.01
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Wood
  • Main Level Sq Ft: 884
  • Total Below Grade Sq Ft: 884
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 18

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 1
  • Parking: Garage, Gravel, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Frankfort Munic. Util.
  • Gas Company: CenterPoint Energy
  • Annual Insurance Expense: 701
  • Annual Maintenance Expense: 500
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks
  • Pet Restrictions: Yes

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: 50x75
  • Estimated Lot Sq Ft: 3920
  • Estimated Lot Size Acres: 0.09

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Maintenance, Sewer, Tax, Water
  • Tenant Pays: Electric, Trash Collection

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2333.88

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
Aug 1, 2024
Closed on
Aug 16, 2024
Sold by
J Scott Rentals Llc
Bought by
Matz Daniel
Seller's Agent
Leslie Valadez
Trueblood Real Estate
Buyer's Agent
Autumn Smith
BerkshireHathaway HS IN Realty
List Price
$145,000
Sold Price
$145,000
Views
87
Current Estimated Value
$142,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,589
Avg. Annual Appreciation
-1.57%

Purchase Details

Closed on
Apr 27, 2015
Sold by
Scott Jimmie R and Scott Mary A
Bought by
J Scott Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 13, 2015
Sold by
Reecer Jeffery A and Reecer Judi L
Bought by
Scott Jimmie R and Scott Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Matz Daniel -- None Listed On Document
J Scott Rentals Llc -- None Available
Scott Jimmie R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scott Jimmie R $73,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2024 08/09/24 Sold $145,000 0.0% $82 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $145,000 -- $82 / 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 $2,410 $106,900 $5,800 $101,100
2023 $2,334 $101,200 $5,800 $95,400
2022 $1,959 $87,000 $5,800 $81,200
2021 $2,005 $58,700 $5,800 $52,900
2020 $1,362 $58,800 $5,800 $53,000
2019 $1,364 $58,800 $5,800 $53,000
2018 $1,372 $58,700 $5,800 $52,900
2017 $1,424 $58,400 $5,800 $52,600
2016 $1,352 $59,000 $5,800 $53,200
2014 $1,225 $58,600 $5,800 $52,800
2013 $1,225 $58,600 $5,800 $52,800
Source: Public Records

Agents Affiliated with this Home

  • Leslie Valadez

    Seller's Agent in 2024

    Leslie Valadez

    Trueblood Real Estate

    (765) 336-8542

    10 Total Sales

    Leslie Valadez
    Section Image

  • A

    Buyer's Agent in 2024

    Autumn Smith

    BerkshireHathaway HS IN Realty

    (765) 242-1542

    17 Total Sales

    Autumn Smith
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202428771

Indiana Regional MLS

APN: 12-10-10-403-002.000-021

Indiana Clinton County Frankfort 46041

51 & 53 W Wabash Streets, Frankfort, IN

This home is located at 51 & 53 W Wabash Streets, Frankfort, IN 46041 since 01 August 2024 and is currently estimated at $142,411, approximately $80 per square foot. This property was built in 1900. 51 & 53 W Wabash Streets 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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