NOT LISTED FOR SALE

51 W Wabash St Unit 2 Frankfort, IN 46041

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

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

Last Sold April 13, 2015

Last sale price $46,000 $26 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $959/month

25 Days on Market

About This Home

As of April 2015

Turnkey Duplex NOW AVAILABLE! Completely Rented featuring Many Updates including Windows, Exterior Doors, Storm Doors, Roof and More! Tenants Rights. (51 has Central Air but not 53.) A MUST SEE! CALL TODAY!

Last Agent to Sell the Property

Angela Rohrabaugh

BerkshireHathaway HS IN Realty Listed on: 02/05/2015

BerkshireHathaway HS IN Realty

Last Buyer's Agent

Eric Campos

Indiana Integrity REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50x75
  • Level Lot

Home Design

  • Brick Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,768 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for building insurance, sewer, water
  • Assessor Parcel Number 12-10-10-403-002.000-021

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $519
  • Water Sewer Expense $700

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1900
  • Age: 115
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Pence's South ADD PT BL 1 |
  • Parcel Number ID: 12-10-10-403-002.000-021
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Cable Available
  • Sp Lp Percent: 92
  • Monthly Gross Income: 1083
  • Year Taxes Payable: 2013
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1768
  • Total Finished Sq Ft: 1768
  • Above Grade Finished Sq Ft: 1768
  • Price Per Sq Ft: 26.02
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Brick
  • Flooring: Mixed

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 519
  • Annual Water Sewer Expense: 700

Condo/Co-op/Association

  • 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: 3485
  • Estimated Lot Size Acres: 0.08

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Sewer, Water
  • Tenant Pays: Electric, Heating

Tax Info

  • Total Assessed Value: 57700
  • Annual Property Tax: 1212

Multi Family

  • Gross Monthly Rent: 1000
  • Number Of Units: 2
  • Num Of Units Rented: 2

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
Aug 16, 2024
Sold by
J Scott Rentals Llc
Bought by
Matz Daniel
Current Estimated Value
$142,411

Purchase Details

Listed on
Feb 5, 2015
Closed on
Apr 27, 2015
Sold by
Scott Jimmie R and Scott Mary A
Bought by
J Scott Rentals Llc
Seller's Agent
Angela Rohrabaugh
BerkshireHathaway HS IN Realty
Buyer's Agent
Eric Campos
Indiana Integrity REALTORS
List Price
$50,000
Sold Price
$46,000
Premium/Discount to List
-$4,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.37%
Original Mortgage
$73,600
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Feb 5, 2015
Closed on
Apr 13, 2015
Sold by
Reecer Jeffery A and Reecer Judi L
Bought by
Scott Jimmie R and Scott Mary A
Seller's Agent
Angela Rohrabaugh
BerkshireHathaway HS IN Realty
Buyer's Agent
Eric Campos
Indiana Integrity REALTORS
List Price
$50,000
Sold Price
$46,000
Premium/Discount to List
-$4,000
-8%

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
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
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
04/13/2015 04/13/15 Sold $46,000 -8.0% $26 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $50,000 -- $28 / 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

  • Angela Rohrabaugh

    Seller's Agent in 2015

    Angela Rohrabaugh

    BerkshireHathaway HS IN Realty

    (765) 404-7255

    144 Total Sales

    Angela Rohrabaugh
    Section Image
  • Eric Campos

    Buyer's Agent in 2015

    Eric Campos

    Indiana Integrity REALTORS

    (765) 430-2160

    44 Total Sales

    Eric Campos
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201504596

Indiana Regional MLS

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

Indiana Clinton County Frankfort 46041

51 W Wabash St Unit 2, Frankfort, IN

This home is located at 51 W Wabash St Unit 2, Frankfort, IN 46041 since 05 February 2015 and is currently estimated at $142,411, approximately $80 per square foot. This property was built in 1900. 51 W Wabash St Unit 2 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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