NOT LISTED FOR SALE

54 S East St Frankfort, IN 46041

Estimated Value: $74,000 - $149,764

2 Beds
2 Baths
1,200 Sq Ft
$104/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $75,000 $62 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $794/month

4 Days on Market

Highlights

  • Corner Lot
  • Partially Carpeted
  • 1-Story Property

About This Home

As of March 2023

Duplex in the heart of Frankfort. Both sides have one bedroom and one bath. They are currently occupied.

Last Listed By

Heather Roth

F.C. Tucker/Shook Listed on: 02/23/2023

F.C. Tucker/Shook

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $495

Year Built

  • Built in 1965

Lot Details

  • 1,612 Sq Ft Lot
  • Lot Dimensions are 32x50
  • Corner Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for electric
  • Assessor Parcel Number 12-10-11-159-010.000-021

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $600
  • Water Sewer Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$495

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1965
  • Age: 58
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 016-12105-00 SOUTHARDS ADD BLK 1 50.5' X 32.5' E SIDE 3875
  • Parcel Number ID: 12-10-11-159-010.000-021
  • Platted: Yes
  • Sp Lp Percent: 88.24
  • Monthly Gross Income: 880
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 1200
  • Total Finished Sq Ft: 1200
  • Above Grade Finished Sq Ft: 1200
  • Price Per Sq Ft: 62.5
  • Basement Foundation: Slab
  • Flooring: Part Carpet
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 600
  • Annual Water Sewer Expense: 1800

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: Corner
  • Lot Dimensions: 32x50
  • Estimated Lot Sq Ft: 1612
  • Estimated Lot Size Acres: 0.037

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric
  • Tenant Pays: Cable

Multi Family

  • Gross Monthly Rent: 880
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 495.1

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 23, 2023
Closed on
Mar 29, 2023
Sold by
Aps Services Llc
Bought by
Martinez Freddy
Seller's Agent
Heather Roth
F.C. Tucker/Shook
Buyer's Agent
Sherry Cole
Keller Williams Lafayette
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Total Days on Market
4
Views
12
Current Estimated Value
$125,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,191
Avg. Annual Appreciation
16.16%

Purchase Details

Listed on
Feb 23, 2023
Closed on
Jan 31, 2023
Sold by
Donmar Equities Llc
Bought by
Aps Services Llc
Seller's Agent
Heather Roth
F.C. Tucker/Shook
Buyer's Agent
Sherry Cole
Keller Williams Lafayette
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Views
12

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
Martinez Freddy -- Metropolitan Title
Aps Services Llc $57,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Freddy $79,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $75,000 -11.8% $63 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $85,000 -- $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 $1,199 $52,500 $4,400 $48,100
2023 $1,147 $49,600 $4,400 $45,200
2022 $961 $42,400 $4,400 $38,000
2021 $480 $20,800 $4,400 $16,400
2020 $501 $20,800 $4,400 $16,400
2019 $502 $20,800 $4,400 $16,400
2018 $496 $20,800 $4,400 $16,400
2017 $654 $27,300 $4,100 $23,200
2016 $619 $27,600 $4,100 $23,500
2014 $546 $27,300 $4,100 $23,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202305299

Indiana Regional MLS

APN: 12-10-11-159-010.000-021