NOT LISTED FOR SALE

553 W South St Frankfort, IN 46041

Estimated Value: $132,000 - $161,000

2 Beds
1 Bath
880 Sq Ft
$170/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $118,800 $135 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $876/month

22 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bungalow
  • Landscaped
  • Enclosed patio or porch
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

You will fall in love with this adorable and completely worry free 2 bedroom 1 bath home that has all new mechanicals. New HVAC system, New Wiring, New Plumbing, New Bathroom, New flooring, paint, front door and the roof is less that 2 years old. You won't have to worry about anything except moving in.

Last Agent to Sell the Property

Charna Virtue

BerkshireHathaway HS IN Realty Listed on: 06/01/2022

BerkshireHathaway HS IN Realty

Last Buyer's Agent

Adam Schenk

Keller Williams Lafayette

Keller Williams Lafayette

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $831

Year Built

  • Built in 1926

Lot Details

  • 7,275 Sq Ft Lot
  • Lot Dimensions are 55 x 132
  • Landscaped
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Bungalow
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Block Basement Construction
  • Electric Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Separate Shower

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas

Additional Features

  • Energy-Efficient HVAC
  • Enclosed patio or porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 12-10-10-330-002.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$831

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1926
  • Age: 96
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: COWAN & CROTHERS ADD BK 13 PT LTS 3 & 4
  • Parcel Number ID: 12-10-10-330-002.000-021
  • Platted: Yes
  • Amenities: Countertops-Laminate, Dryer Hook Up Electric, Landscaped, Porch Enclosed, Range/Oven Hook Up Elec, Stand Up Shower
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 99
  • Year Taxes Payable: 21 due 22
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1760
  • Total Finished Sq Ft: 880
  • Above Grade Finished Sq Ft: 880
  • Below Grade Sq Ft: 880
  • Price Per Sq Ft: 135
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 21x11, On Level: Main
  • Breakfast Room: Dimensions: 11x10, On Level: Main
  • Dining Room: Dimensions: 13x10, On Level: Main
  • Bedroom 1: Dimensions: 10x9, On Level: Main
  • Bedroom 2: Dimensions: 10x9, On Level: Main
  • Main Level Sq Ft: 880
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 880

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x18
  • Garage Sq Ft: 468
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Frankfort Munic. Util.
  • Gas Company: CenterPoint Energy
  • Hvac: High Efficiency Furnace

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 55 X 132
  • Estimated Lot Sq Ft: 7275
  • Estimated Lot Size Acres: 0.167

Green Features

  • Energy Efficient: HVAC

Tax Info

  • Annual Taxes: 830.55

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
Jun 1, 2022
Closed on
Jul 15, 2022
Sold by
Mccormack Marsha Hodgen
Bought by
Carter Morris C
Seller's Agent
Charna Virtue
BerkshireHathaway HS IN Realty
Buyer's Agent
Adam Schenk
Keller Williams Lafayette
List Price
$120,000
Sold Price
$118,800
Premium/Discount to List
-$1,200
-1%
Current Estimated Value
$145,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,163
Avg. Annual Appreciation
4.86%

Purchase Details

Closed on
Sep 27, 1996
Sold by
Watson Paul L and Watson Ruby E
Bought by
Hodgen Marsha
Source: Public Records

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
Carter Morris C -- --
Hodgen Marsha $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccormack Marsha $40,496
Previous Owner Mccormack Marsha $39,000
Closed Carter Morris C $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $118,800 -1.0% $135 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $120,000 0.0% $136 / Sq Ft
06/12/2022 06/12/22 Pending -- -- --
06/09/2022 06/09/22 Price Changed $120,000 -9.8% $136 / Sq Ft
06/01/2022 06/01/22 For Sale $133,000 -- $151 / 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 $834 $78,500 $7,400 $71,100
2023 $793 $78,500 $7,400 $71,100
2022 $676 $78,500 $7,400 $71,100
2021 $831 $36,000 $7,400 $28,600
2020 $863 $36,300 $7,400 $28,900
2019 $939 $39,500 $7,400 $32,100
2018 $929 $39,500 $7,400 $32,100
2017 $965 $40,600 $8,800 $31,800
2016 $955 $39,700 $8,800 $30,900
2014 $830 $41,500 $8,800 $32,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202221401

Indiana Regional MLS

APN: 12-10-10-330-002.000-021