NOT LISTED FOR SALE

554 Outer Dr Frankfort, IN 46041

Estimated Value: $197,000 - $220,000

4 Beds
1.5 Baths
1,536 Sq Ft
$135/Sq Ft Est. Value

Last Sold February 16, 2022

Last sale price $160,000 $104 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,246/month

10 Days on Market

Highlights

  • Cape Cod Architecture
  • Woodwork
  • Patio
  • 1 Car Attached Garage
  • Bathtub with Shower
  • Forced Air Heating and Cooling System

About This Home

As of February 2022

BEDROOMS!!! If you need more bedroom space, take a look at this updated 1.5 story home on the East side of Frankfort! 4 bedrooms total with two on the main level and two on the upper level. Many updates include a newer kitchen with large pantry closet plus gas range, refrigerator and microwave hood included. Family room addition off the kitchen could easily be used as a dining room. Large living room and all nice sized bedrooms. Full bath on the main level with a 1/2 bath on the upper level. Attached garage plus storage shed too. Great location near middle school and high school.

Last Agent to Sell the Property

Alex Risse

Risse Realty Listed on: 12/30/2021

Co-Listed By

Greg Risse

Risse Realty

Last Buyer's Agent

Karen Butcher

BerkshireHathaway HS IN Realty

BerkshireHathaway HS IN Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $975

Year Built

  • Built in 1963

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60' x 120'
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot
  • Zoning described as B Residence District

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,536 Sq Ft Home
  • 1.5-Story Property
  • Woodwork
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Block Basement Construction
  • Storage In Attic
  • Laminate Countertops
  • Laundry on main level

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Doors

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Patio
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 12-10-11-281-027.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$975

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1963
  • Style: One and Half Story
  • Architectural Style: Cape Cod
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: East Park Addition, 3rd Section, Lot 296
  • Parcel Number ID: 12-10-11-281-027.000-021
  • Platted: Yes
  • Amenities: Attic Storage, Cable Available, Cable Ready, Ceiling Fan(s), Countertops-Laminate, Detector-Smoke, Garage Door Opener, Natural Woodwork, Patio Open, Tub/Shower Combination, Main Floor Laundry
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Zoning Description: B Residence District
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1536
  • Total Finished Sq Ft: 1536
  • Above Grade Finished Sq Ft: 1536
  • Basement Foundation: Slab
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 20x12, On Level: Main
  • Kitchen: Dimensions: 13x12, On Level: Main
  • Family Room: Dimensions: 16x15, On Level: Main
  • Bedroom 1: Dimensions: 13x12, On Level: Main
  • Bedroom 2: Dimensions: 15x9, On Level: Main
  • Bedroom 3: Dimensions: 16x12, On Level: Upper
  • Bedroom 4: Dimensions: 18x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle, Dimensional Shingles
  • Outbuilding1: Shed, Dimensions: 8x8
  • Fence: Partial, Chain Link

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 24x12
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Frankfort Munic. Util.
  • Gas Company: CenterPoint Energy
  • Cable Company: Comcast, AT&T

Schools

  • Elementary School: Blue Ridge / Green Meadows

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 60' x 120'
  • Estimated Lot Sq Ft: 7200
  • Estimated Lot Size Acres: 0.1653
  • Lot Number: 296

Green Features

  • Energy Efficient: Doors, Windows
  • Energy Efficient Windows/Doors: Insulated Doors, Insulated Glass Windows, Storm Doors

Tax Info

  • Annual Taxes: 975
  • Exemptions: Homestead, Mortgage, Supplemental

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
Dec 30, 2021
Closed on
Feb 16, 2022
Sold by
Faulkner Justin M
Bought by
Rodriguez Maria De Lourdes S and Trejo Carlos Alfonso
Seller's Agent
Alex Risse
Risse Realty
Buyer's Agent
Karen Butcher
BerkshireHathaway HS IN Realty
List Price
$164,900
Sold Price
$160,000
Premium/Discount to List
-$4,900
-2.97%
Current Estimated Value
$214,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,371
Avg. Annual Appreciation
6.75%
Original Mortgage
$157,102
Outstanding Balance
$146,126
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$60,712

Purchase Details

Listed on
Feb 26, 2019
Closed on
Mar 27, 2019
Sold by
Tatum Jeffrey D and Tatum Dawn L
Bought by
Faulkner Justin M
Seller's Agent
FRED VAN HOOK
Epique Inc.
Buyer's Agent
Alex Risse
Risse Realty
List Price
$110,000
Sold Price
$115,000
Premium/Discount to List
$5,000
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%
Original Mortgage
$92,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rodriguez Maria De Lourdes S -- Drake Andrew R
Faulkner Justin M -- Meridian Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Maria De Lourdes S $157,102
Previous Owner Faulkner Justin M $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2022 02/16/22 Sold $160,000 -3.0% $104 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $164,900 +43.4% $107 / Sq Ft
03/20/2019 03/20/19 Sold $115,000 +4.5% $75 / Sq Ft View Prior Sale
02/28/2019 02/28/19 Pending -- -- --
02/26/2019 02/26/19 For Sale $110,000 -- $72 / 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 $1,631 $147,500 $11,100 $136,400
2023 $1,803 $157,900 $11,100 $146,800
2022 $1,673 $145,800 $11,100 $134,700
2021 $1,015 $89,800 $11,100 $78,700
2020 $990 $89,900 $11,100 $78,800
2019 $927 $88,500 $11,100 $77,400
2018 $923 $88,500 $11,100 $77,400
2017 $740 $80,900 $10,800 $70,100
2016 $712 $76,600 $10,800 $65,800
2014 $388 $73,400 $10,800 $62,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202152305

Indiana Regional MLS

APN: 12-10-11-281-027.000-021