
5318 W Gas Line Rd Frankfort, IN 46041
Estimated payment $3,058/month
Highlights
- 16.14 Acre Lot
- Traditional Architecture
- Wood Flooring
- Wood Burning Stove
- Cathedral Ceiling
- No HOA
About This Home
One-of-a-Kind 16-Acre Retreat with Endless Charm. Discover the perfect blend of comfort, space, and natural beauty with this stunning 16-acre property. Meticulously maintained and thoughtfully designed, this one-of-a-kind home and property offers everything you've been dreaming of-and more. The home features 3 spacious bedrooms, 2 full bathrooms, an exercise room, and a generous 2-car garage. The bright and airy sunroom is the perfect spot to relax with a morning coffee or entertain guests in style. Enjoy cooking in the open-concept kitchen, which boasts an abundance of cabinetry and flows seamlessly into the dining area-ideal for hosting family gatherings and celebrations. The primary suite offers comfort and space, easily accommodating a king-sized bed, with a private full bathroom and ample closet storage. Step outside and fall in love with the property's unique features: multiple outbuildings, a peaceful pond, an above-ground pool, and captivating topography that offers both privacy and charm. This is more than just a home-it's a lifestyle. Whether you're seeking a private retreat or a place to create lasting memories, this property checks every box. Schedule your private showing today and experience the magic for yourself!
Last Listed By
CENTURY 21 Scheetz Brokerage Email: mbotkin@c21scheetz.com License #RB14048662 Listed on: 04/14/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,500
Year Built
- Built in 1980
Lot Details
- 16.14 Acre Lot
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
- Vinyl Siding
Interior Spaces
- 1,738 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- Wood Burning Stove
- Bay Window
- Living Room with Fireplace
- Breakfast Room
- Crawl Space
Kitchen
- Electric Oven
- Dishwasher
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Baseboard Heating
- Heating System Uses Propane
- Well
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 120525100005000020
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,898 | $255,600 | $67,200 | $188,400 |
2023 | $1,501 | $197,900 | $67,200 | $130,700 |
2022 | $1,348 | $199,600 | $67,200 | $132,400 |
2021 | $1,342 | $187,600 | $67,200 | $120,400 |
2020 | $1,362 | $190,600 | $67,200 | $123,400 |
2019 | $1,162 | $183,300 | $67,200 | $116,100 |
2018 | $1,526 | $183,300 | $67,200 | $116,100 |
2017 | $1,459 | $191,800 | $67,200 | $124,600 |
2016 | $1,294 | $174,700 | $67,600 | $107,100 |
2014 | $1,244 | $172,700 | $67,600 | $105,100 |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $288,136 | VA | |
Closed | $316,664 | VA | |
Previous Owner | $40,000 | Credit Line Revolving | |
Previous Owner | $124,975 | Unknown |
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Source: MIBOR Broker Listing Cooperative®
MLS Number: 22032336

APN: 12-05-25-100-005.000-020
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