$130,000
SOLD SEP 6, 2024

551 E Green St Frankfort, IN 46041

5 Beds
4 Baths
2,528 Sq Ft
5,445 Sq Ft Lot

Recently Sold

$51 Per Sq Ft

3 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Porch
  • Backs to Open Ground
  • Fenced Yard
  • Eat-In Kitchen

About This Home

As of September 2024

3 Unit apartment building for sale. The apartment in the back has 2 bedrooms (one up and one down) with 2 full baths, fenced back yard and small deck. 16X12 Kitchen, 16X13 Living room, eat-n kitchen, 18X12 bedroom up with bath and 10X13 bedroom down with bath. The other 2 apartments need work. The other lower level apartment is an efficiency. 16X22 Kitchen & Living area, 12X11 bedroom, stackable W&D hookups, and has a full bath. The 3rd apartment is upstairs and has a 15X18 living room and kitchen, 2 bedrooms that are 10X12 each, W&D hook ups, and a rough-in full bath. Apartments are all electric with baseboard heat on 3 separate meters. Owner pays all water/sewage. The decks & stairways need repair and roof needs replaced. Apartment in back is currently occupied by owner. Only rented to family so no financial records available. Sell As-Is only.

Last Agent to Sell the Property

Julie Knight

BerkshireHathaway HS IN Realty Brokerage Phone: 765-412-0067 Listed on: 08/18/2024

BerkshireHathaway HS IN Realty

Last Buyer's Agent

Karen Butcher

BerkshireHathaway HS IN Realty

BerkshireHathaway HS IN Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,080

Year Built

  • Built in 1915

Lot Details

  • 5,445 Sq Ft Lot
  • Lot Dimensions are 41x132
  • Backs to Open Ground
  • Fenced Yard
  • Property is Fully Fenced
  • Wood Fence
  • Level Lot

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Block Basement Construction
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Shed
  • Porch

Location

  • Suburban Location

Schools

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

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electric, heating, trash collection
  • The owner pays for water
  • Assessor Parcel Number 12-10-03-483-005.000-021

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,080

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1915
  • Age: 109
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: PT SE 3-21-1W.125A
  • Parcel Number ID: 12-10-03-483-005.000-021
  • Platted: Yes
  • Amenities: Ceiling Fan, Fenced Yard, Off Street Parking, Countertops-Laminate, Deck Open, Eat-In Kitchen, Open Floor Plan, Porch Open, Water Heater Electric, Rough-In Bath, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100.08
  • Year Taxes Payable: 24 Pay 25
  • Special Features: None

Interior Features

  • Total Sq Ft: 2528
  • Total Finished Sq Ft: 2528
  • Above Grade Finished Sq Ft: 2528
  • Price Per Sq Ft: 51.42
  • Basement Material: Block
  • Flooring: Carpet, Part Carpet, Ceramic Tile, Vinyl, Wood
  • Main Level Sq Ft: 1264
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Fence: Full, Privacy, Wood
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 100

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 5
  • Parking: Off Street, Street

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Frankfort Munic. Util.
  • Hvac: Ceiling Fan
  • Number Of W D Hookups: 3

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: 41X132
  • Estimated Lot Sq Ft: 5445
  • Estimated Lot Size Acres: 0.125

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Heating, Trash Collection

Tax Info

  • Total Assessed Value: 85500
  • Annual Property Tax: 2080

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Num Of Efficiencies: 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

Closed on
Feb 20, 2025
Sold by
Cervantes Rafaela and Alanis Joel
Bought by
Capital Realty Llc
Current Estimated Value
$187,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Outstanding Balance
$220,391
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
-$27,379

Purchase Details

Listed on
Aug 18, 2024
Closed on
Sep 6, 2024
Sold by
Ballard Melody K and Rowe Mallory Rene
Bought by
Cervantes Rafaela and Alanis Joel
Seller's Agent
Julie Knight
BerkshireHathaway HS IN Realty
Buyer's Agent
Karen Butcher
BerkshireHathaway HS IN Realty
List Price
$129,900
Sold Price
$130,000
Premium/Discount to List
$100
0.08%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.39%

Purchase Details

Listed on
Aug 18, 2024
Closed on
Jul 29, 2024
Sold by
Ballard Melody K
Bought by
Rowe Mallory Renee and Draper Brandon Michael
Seller's Agent
Julie Knight
BerkshireHathaway HS IN Realty
Buyer's Agent
Karen Butcher
BerkshireHathaway HS IN Realty
List Price
$129,900
Sold Price
$130,000
Premium/Discount to List
$100
0.08%
Views
16
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase 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

Mortgage History

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

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $130,000 +0.1% $51 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
08/18/2024 08/18/24 For Sale $129,900 -- $51 / 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 $1,934 $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

Agents Affiliated with this Home

  • Julie Knight

    Seller's Agent in 2024

    Julie Knight

    BerkshireHathaway HS IN Realty

    (765) 412-0067

    135 Total Sales

    Section Image
  • Karen Butcher

    Buyer's Agent in 2024

    Karen Butcher

    BerkshireHathaway HS IN Realty

    (765) 242-3224

    86 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 202431499

Indiana Regional MLS

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

Indiana Clinton County Frankfort 46041

551 E Green St, Frankfort, IN

This home is located at 551 E Green St, Frankfort, IN 46041 and is currently priced at $130,000, approximately $51 per square foot. This property was built in 1915. 551 E 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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