NOT LISTED FOR SALE

551 E Morrison St Frankfort, IN 46041

Estimated Value: $102,000 - $138,000

2 Beds
1 Bath
708 Sq Ft
$172/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $100,000 $141 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $676/month

35 Days on Market

Highlights

  • Porch
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Patio
  • Ceiling height of 9 feet or more
  • Ceiling Fan

About This Home

As of September 2023

Welcome to this charming home! Two bedroom, one bath home offers a large yard and tasteful updates to make moving easy. This home is being sold "as is" but inspections are welcomed.

Last Agent to Sell the Property

Jazah Jones

BerkshireHathaway HS IN Realty Brokerage Phone: 765-670-9065 Listed on: 08/01/2023

BerkshireHathaway HS IN Realty

Last Buyer's Agent

Frank Martinez

Omega Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $235

Year Built

  • Built in 1896

Lot Details

  • 4,760 Sq Ft Lot
  • Lot Dimensions are 56 x 85
  • Irregular Lot

Parking

  • Gravel Driveway

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Crawl Space
  • Electric Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 12-10-10-240-003.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$235

Year Built

Built in 1896

Lot Details

4,760 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1896
  • Style: One Story
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 016-18204-00 Pt E Ne Pt Lt 33 H L Fetters Add
  • Parcel Number ID: 12-10-10-240-003.000-021
  • Platted: Yes
  • Amenities: Ceiling-9+, Ceiling Fan(s), Dryer Hook Up Electric, Patio Open, Porch Open
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Paved
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1416
  • Total Finished Sq Ft: 708
  • Above Grade Finished Sq Ft: 708
  • Below Grade Sq Ft: 708
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 12x13, On Level: Main
  • Kitchen: Dimensions: 9x12, On Level: Main
  • Bedroom 1: Dimensions: 10x11, On Level: Main
  • Bedroom 2: Dimensions: 9x12, On Level: Main
  • Main Level Sq Ft: 708
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 708

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 6x4, 48

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Frankfort Munic. Util.
  • Gas Company: CenterPoint Energy
  • Laundry: Dimensions: Mainx5, On Level: 6

Schools

  • Elementary School: Suncrest

Lot Info

  • Lot Description: Irregular, 0-2.9999
  • Lot Dimensions: 56 x 85
  • Estimated Lot Sq Ft: 4760
  • Estimated Lot Size Acres: 0.1092

Tax Info

  • Annual Taxes: 234.94

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
Aug 1, 2023
Closed on
Sep 18, 2023
Sold by
Mathews Margie Ann
Bought by
Salinas Hortensia Regalado and Salinas Yasmin Regalado
Seller's Agent
Jazah Jones
BerkshireHathaway HS IN Realty
Buyer's Agent
Frank Martinez
Omega Realty
List Price
$145,000
Sold Price
$100,000
Premium/Discount to List
-$45,000
-31.03%
Views
165
Current Estimated Value
$121,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,911
Avg. Annual Appreciation
8.57%

Purchase Details

Closed on
Jun 17, 2011
Sold by
Bandy Nicholas J and Bandy Christopher D
Bought by
Mathews Margie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,347
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2010
Sold by
Citimortgage Inc
Bought by
Bandy Nicholas J and Bandy Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 30, 2009
Sold by
Citimortgage Inc
Bought by
Bandy Nicholas J and Bandy Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 3, 2009
Sold by
Arehart Gena M and Arehart Gena Marie
Bought by
Citimortgage Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 18, 2009
Sold by
Mitchell Sheriff Mark A
Bought by
Not Provided

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 7, 2002
Sold by
Lewis Gena M
Bought by
Arehart Gena M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Salinas Hortensia Regalado -- None Listed On Document
Mathews Margie Ann $39,900 Moore Title
Mathews Margie Ann -- None Available
Bandy Nicholas J $15,000 Title Insurance Services Inc
Bandy Nicholas J -- None Available
Citimortgage Inc $9,530 None Available
Not Provided -- Feiwell & Hannoy
Arehart Gena M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mathews Margie Ann $41,347
Previous Owner Arehart Gena M $12,000
Previous Owner Bandy Nicholas J $12,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2023 09/18/23 Sold $100,000 0.0% $141 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
09/01/2023 09/01/23 Price Changed $100,000 -13.0% $141 / Sq Ft
08/30/2023 08/30/23 Price Changed $115,000 -12.9% $162 / Sq Ft
08/22/2023 08/22/23 Price Changed $132,000 -5.0% $186 / Sq Ft
08/09/2023 08/09/23 Price Changed $139,000 -4.1% $196 / Sq Ft
08/01/2023 08/01/23 For Sale $145,000 -- $205 / 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 $572 $52,900 $8,100 $44,800
2023 $479 $46,300 $8,100 $38,200
2022 $285 $40,500 $8,100 $32,400
2021 $220 $33,300 $8,100 $25,200
2020 $234 $33,300 $8,100 $25,200
2019 $222 $33,300 $8,100 $25,200
2018 $221 $33,300 $8,100 $25,200
2017 $233 $33,700 $7,800 $25,900
2016 $216 $32,600 $7,800 $24,800
2014 $140 $32,200 $7,800 $24,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202327044

Indiana Regional MLS

APN: 12-10-10-240-003.000-021

Your Personal Tour Guide

Ask me questions while you tour the home.