$329,900
SOLD APR 8, 2025

554 W Frakes St Sullivan, IN 47882

4 Beds
3 Baths
2,844 Sq Ft
7.63 Acres

Recently Sold

$116 Per Sq Ft

0 Day on Market

Highlights

  • Waterfront
  • No HOA
  • 2 Car Attached Garage
  • Sun or Florida Room
  • Covered Patio or Porch
  • Living Room

About This Home

As of April 2025

Nestled on 7.63 picturesque acres, this stunning home offers beautiful pond views that set the perfect backdrop for fishing or relaxing on the porch. Boasting over 2,800 square feet of living space, the residence features four bedrooms and three bathrooms, including a huge primary suite complete with a walk-in closet and an ensuite bathroom. The property is designed for both casual and formal living, with a family room and a formal living room that frames serene water views of the pond. The spacious kitchen flows effortlessly into a sun room, ideal for basking in natural light. Additional highlights include an all-brick, two-car attached garage, several outbuildings for extra utility, two pantries, multiple storage closets, and a dedicated office space.

Last Agent to Sell the Property

DANIELLE MCKINNEY

Berkshire Hathaway HomeServices Newlin-Miller REALTORS® License #RB14049999 Listed on: 03/19/2025

Berkshire Hathaway HomeServices Newlin-Miller REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,650

Year Built

  • Built in 1970

Lot Details

  • 7.63 Acre Lot
  • Waterfront
  • Rural Setting
  • Cleared Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,844 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Brick Basement

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Schools

  • Sullivan Elementary School
  • Sullivan Middle School
  • Sullivan High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 77-07-21-000-016.000-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,650

Year Built

Built in 1970

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 554 W Frakes St
  • Second Address Number: 554
  • Home Sale Contingency: No
  • Exemptions: H
  • Kitchen Level: 1
  • Number Of Stories: 1
  • Other Room 1 Level: 1
  • Other Room 2 Level: 1
  • Other Room2 Size: 14.4x15.5
  • Property Includes: Stove,refrigerator,dishwasher
  • OFFICELIST_STATE: IN
  • Building Style: Ranch
  • FILLSUBDIVISION: None
  • Warranty Program: Not Offered
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Foreclosure: No
  • Above Grade Finished Sq Ft: 2844
  • Appliances: Dishwasher, Refrigerator, Elec. Range/Oven
  • Basement Foundation: Brick
  • Bathroom 1 Level: 3
  • Bedroom 2 Level: 1
  • Second Bedroom Size: 11.5x10.2
  • Bedroom 3 Comments: Pond views
  • Bedroom 3 Level: 1
  • Third Bedroom Size: 11.5x10.9
  • Bedroom 4 Level: 1
  • Fourth Bedroom Size: 13.7x12
  • Dining Area: Kitchen/Dining Combo
  • Dining Room Level: 1
  • Dining Room Size: 11.7x12
  • Family Room Level: 1
  • Family Room Size: 17.10x16
  • Fireplace: Gas Logs
  • Interior Amenities: Ceramic Tile, Counter tops Laminate
  • Kitchen Comments: 2 pantry's
  • Kitchen Size: 17.7x14
  • Laundry: Room
  • Laundry Level: 1
  • Laundry Size: 6.11x8.6
  • Living Room Comments: Great views of the Pond
  • Living Room Level: 1
  • Living Room Size: 22.9x15
  • Entry Location: Rural
  • Master Bedroom Comments: Walk in Closet
  • Master Bedroom Level: 1
  • Master Bedroom Size: 23.8x25
  • Other Room1 Comments: Office
  • Other Room1 Size: 10.11x6.6
  • Other Room2 Comments: Sunroom
  • Total Bathrooms: 3
  • Estimated Total Finished Sq Ft: 2844
  • Basement Type: Single Family
  • Windows: Vinyl Clad
  • Basement Type: No

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Outbuildings
  • Number of Acres: 7.63
  • Balcony/Porch/Patio: Porch Covered, Open Patio, Sun Room

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Attached

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Septic
  • Water Heater: Electric
  • Water Supply: City Water

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Tax Class: RESIDENTIAL
  • Taxes: 1650

Schools

  • Elementary School: Sullivan Elem
  • High School: Sullivan
  • Middle School: Sullivan MS

Lot Info

  • Lot Description: Cleared Lot, Water Frontage
  • Lot Size: 7.63
  • Parcel #: 77-07-21-000-016.000-011
  • Zoning: R

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2025
Closed on
Apr 8, 2025
Sold by
Ireland Kelly J
Bought by
Mccammon John Mark
Seller's Agent
DANIELLE MCKINNEY
Berkshire Hathaway HomeServices Newlin-Miller REALTORS®
List Price
$329,900
Sold Price
$329,900
Views
29
Current Estimated Value
$278,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,690
Avg. Annual Appreciation
-22.46%

Purchase Details

Closed on
Jan 31, 2023
Sold by
Wood Joshua D
Bought by
Wood Kelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2020
Sold by
Wood Kelly J
Bought by
Wood Joshua D and Wood Kelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2011
Sold by
Heiny Ronald Dean
Bought by
Gilham Kelly J
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- --
Interfamily Deed Transfer -- None Available
Trustee Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $132,500 New Conventional
Previous Owner $155,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2025 04/08/25 Sold $329,900 0.0% $116 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
03/19/2025 03/19/25 For Sale $329,900 -- $116 / Sq Ft
Source: Terre Haute Area Association of REALTORS®

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 $1,650 $131,400 $24,500 $106,900
2023 $1,593 $143,700 $23,000 $120,700
2022 $1,434 $146,300 $21,400 $124,900
2021 $1,298 $133,500 $20,600 $112,900
2020 $1,368 $133,800 $20,600 $113,200
2019 $1,227 $130,300 $21,700 $108,600
2018 $1,203 $130,500 $21,900 $108,600
2017 $1,161 $129,900 $22,800 $107,100
2016 $1,143 $131,300 $23,300 $108,000
2014 $1,059 $125,400 $23,600 $101,800
2013 $1,020 $124,200 $22,400 $101,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Terre Haute Area Association of REALTORS®

MLS Number: 105824

APN: 77-07-21-000-016.000-011