NOT LISTED FOR SALE

53 1/2 W Green St Frankfort, IN 46041

Estimated Value: $104,617 - $141,000

3 Beds
2 Baths
1,200 Sq Ft
$102/Sq Ft Est. Value

Last Sold January 23, 2023

Last sale price $84,900 $71 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $775/month

3 Days on Market

Highlights

  • Shed
  • Level Lot
  • Vinyl Flooring
  • Baseboard Heating
  • Wood Siding
  • 1-Story Property

About This Home

As of January 2023

Great investment opportunity! Both units could be rented or buyer could live in one unit and rent out the other. The front unit has two bedrooms and one bathroom and has been recently remodeled with new countertops, vinyl plank flooring, and new baseboard heaters. This unit is completely move-in ready. The back unit has one bedroom and one bathroom and is currently rented to a long-term tenant.

Last Listed By

Erin Walker

BerkshireHathaway HS IN Realty Listed on: 12/28/2022

BerkshireHathaway HS IN Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $603

Year Built

  • Built in 1950

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 59 x 74
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Poured Concrete
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electric, trash collection
  • The owner pays for building insurance, sewer, water
  • Assessor Parcel Number 12-10-03-461-002.000-021

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $450
  • Water Sewer Expense $720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$603

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1950
  • Age: 73
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 016-10042-00 E PT LOT 1 J H PARIS & CO ADD 2995-B
  • Parcel Number ID: 12-10-03-461-002.000-021
  • Platted: Yes
  • Sp Lp Percent: 100
  • Monthly Gross Income: 375
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 1200
  • Total Finished Sq Ft: 1200
  • Above Grade Finished Sq Ft: 1200
  • Price Per Sq Ft: 70.75
  • Basement Foundation: Slab
  • Basement Material: Poured Concrete
  • Flooring: Vinyl
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Block, Wood
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 64

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 450
  • Annual Water Sewer Expense: 720
  • Number Electric Meters: 2
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 59 x 74
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Sewer, Water
  • Tenant Pays: Electric, Trash Collection

Multi Family

  • Gross Monthly Rent: 375
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 603.36

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 28, 2022
Closed on
Feb 14, 2023
Sold by
Lendman Courtney
Bought by
Lotus Rentals Llc
Seller's Agent
Erin Walker
BerkshireHathaway HS IN Realty
Buyer's Agent
Courtney Lendman
C&C Home Realty
List Price
$84,900
Sold Price
$84,900
Total Days on Market
3
Current Estimated Value
$122,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,504
Avg. Annual Appreciation
12.43%
Original Mortgage
$63,675
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 28, 2022
Closed on
Jan 23, 2023
Sold by
Bandy Christopher D
Bought by
Lendman Courtney
Seller's Agent
Erin Walker
BerkshireHathaway HS IN Realty
Buyer's Agent
Courtney Lendman
C&C Home Realty
List Price
$84,900
Sold Price
$84,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,675
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2012
Sold by
Walker Bobbi-Alanna Flagg
Bought by
Bandy Christopher D

Purchase Details

Closed on
Jun 29, 2010
Sold by
Lafayette Bank & Trust
Bought by
Flagg Bobbi Alanna

Purchase Details

Closed on
Apr 21, 2010
Sold by
Mitchell Mark A
Bought by
Lafayette Bank & Trust

Purchase Details

Closed on
Oct 17, 2003
Sold by
Brian Sneathen and Brian Ann Ray
Bought by
Owens Patricia D

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
Lotus Rentals Llc -- None Listed On Document
Lendman Courtney $84,900 None Listed On Document
Bandy Christopher D $12,000 Moore Title
Bandy Christopher D -- None Available
Flagg Bobbi Alanna $10,000 Advantage Title Inc
Flagg Bobbi Alanna -- None Available
Lafayette Bank & Trust $10,000 Reiling Teder & Schrier Llc
Lafayette Bank & Trust $10,000 None Available
Owens Patricia D $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lotus Rentals Llc $100,000
Previous Owner Lendman Courtney $63,675
Previous Owner Bandy Christopher D $25,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $84,900 0.0% $71 / Sq Ft
12/31/2022 12/31/22 Pending -- -- --
12/28/2022 12/28/22 For Sale $84,900 -- $71 / 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 $1,150 $50,300 $7,900 $42,400
2023 $1,038 $44,300 $7,900 $36,400
2022 $870 $37,200 $7,900 $29,300
2021 $588 $25,100 $7,900 $17,200
2020 $664 $27,400 $7,900 $19,500
2019 $665 $27,400 $7,900 $19,500
2018 $658 $27,400 $7,900 $19,500
2017 $705 $29,500 $7,600 $21,900
2016 $690 $28,500 $7,600 $20,900
2014 $562 $28,100 $7,600 $20,500
Source: Public Records

Agents Affiliated with this Home

  • Erin Walker

    Seller's Agent in 2023

    Erin Walker

    BerkshireHathaway HS IN Realty

    (765) 242-4814

    70 Total Sales

    Erin Walker
    Section Image
  • Courtney Lendman

    Buyer's Agent in 2023

    Courtney Lendman

    C&C Home Realty

    (765) 532-7014

    128 Total Sales

    Courtney Lendman
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202250540

Indiana Regional MLS

APN: 12-10-03-461-002.000-021

Indiana Clinton County Frankfort 46041

53 1/2 W Green St, Frankfort, IN

Homes for Sale in Frankfort, IN

This home is located at 53 1/2 W Green St, Frankfort, IN 46041 since 28 December 2022 and is currently estimated at $122,404, approximately $102 per square foot. This property was built in 1950. 53 1/2 W Green St 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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