$295,000
SOLD FEB 20, 2025

551 E Green St Unit 3 Frankfort, IN 46041

5 Beds
4 Baths
2,528 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$117 Per Sq Ft

68 Days on Market

Highlights

  • Open Floorplan
  • Laundry in Utility Room
  • Ceiling Fan
  • Backs to Open Ground
  • Shed
  • Baseboard Heating

About This Home

As of February 2025

All renovated! From top to bottom! New Roof, siding, windows, full kitchens, all flooring, bathrooms, electrical, plumbing, light fixtures. Ready to be rented to new tenants.

Last Agent to Sell the Property

Karen Butcher

BerkshireHathaway HS IN Realty Brokerage Phone: 765-242-3224

BerkshireHathaway HS IN Realty

Co-Listed By

Nubia Medina

BerkshireHathaway HS IN Realty Brokerage Phone: 765-242-3224

Last Buyer's Agent

Jenny Sarti

Raeco Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,080

Year Built

  • Built in 1915

Lot Details

  • 5,227 Sq Ft Lot
  • Backs to Open Ground

Home Design

  • Triplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,528 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Laminate Flooring
  • Block Basement Construction
  • Laminate Countertops
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Shed
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cooling, electric, sewer
  • The owner pays for water
  • Assessor Parcel Number 12-10-03-483-005.000-021
  • Seller Concessions Not Offered

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,080

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1915
  • Age: 110
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 016-02100-99 PT SE 3-21-1W .125A 3952
  • Parcel Number ID: 12-10-03-483-005.000-021
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Countertops-Laminate, Open Floor Plan, Water Heater Electric
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 100
  • Year Taxes Payable: 23/24
  • Special Features: None

Interior Features

  • Total Sq Ft: 2528
  • Total Finished Sq Ft: 2528
  • Above Grade Finished Sq Ft: 2528
  • Price Per Sq Ft: 116.69
  • Basement Material: Block
  • Flooring: Laminate

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 96

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 3
  • Parking: Off Street

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Frankfort Munic. Util.
  • Well Type: Unknown
  • Number Electric Meters: 3
  • Number Of W D Hookups: 2
  • Number Water Meters: 3

Schools

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

Lot Info

  • Lot Dimensions: 41*132
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Cooling, Electric, Sewer

Tax Info

  • Annual Property Tax: 2080.41

Multi Family

  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 Sold $295,000 0.0% $117 / Sq Ft
01/28/2025 01/28/25 Pending -- -- --
11/21/2024 11/21/24 For Sale $295,000 -- $117 / Sq Ft
Source: Indiana Regional MLS

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 $1,934 $85,500 $7,200 $78,300
2023 $1,715 $74,000 $7,200 $66,800
2022 $1,410 $61,000 $7,200 $53,800
2021 $1,746 $48,900 $7,200 $41,700
2020 $1,228 $51,400 $7,200 $44,200
2019 $1,229 $51,400 $7,200 $44,200
2018 $1,217 $51,400 $7,200 $44,200
2017 $1,251 $52,800 $7,000 $45,800
2016 $1,215 $50,700 $7,000 $43,700
2014 $1,008 $50,400 $7,000 $43,400
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $221,250 New Conventional
Closed $90,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $130,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202444926

Indiana Regional MLS

APN: 12-10-03-483-005.000-021

Indiana Clinton County Frankfort 46041

551 E Green St Unit 3, Frankfort, IN

Homes for Sale in Frankfort, IN

This home is located at 551 E Green St Unit 3, Frankfort, IN 46041 and is currently priced at $295,000, approximately $116 per square foot. This property was built in 1915. 551 E Green St Unit 3 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.