$30,000
SOLD MAY 28, 2015

5556 W Gas Line Rd Frankfort, IN 46041

4 Beds
2 Baths
2,334 Sq Ft
0.75 Acres

Recently Sold

$13 Per Sq Ft

65% Below List Price

70 Days on Market

Highlights

  • Colonial Architecture
  • Level Lot
  • Wood Siding
  • 2 Car Detached Garage

About This Home

As of October 2015

Spacious home on .75 of an acre with a large detached garage.

Last Agent to Sell the Property

Sherrie Cocanower

RE/MAX Ability Plus Listed on: 02/23/2015

Co-Listed By

Rene Mullen

RE/MAX Ability Plus

Last Buyer's Agent

Virginia Southern

Cory Southern Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $597

Year Built

  • Built in 1978

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 117x290
  • Rural Setting
  • Chain Link Fence
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,334 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Heating System Uses Gas
  • Radiant Heating System
  • Private Water Source
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 12-05-26-251-005.000-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$597

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1978
  • Age: 37
  • Style: Two Story
  • Architectural Style: Colonial
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 014-02009-60 PT SW NE S26 T22 R2W .7559A 1679-BC-5
  • Parcel Number ID: 12-05-26-251-005.000-020
  • Platted: Yes
  • Location: Rural
  • Sp Lp Percent: 75.19
  • Special Features: None

Interior Features

  • Total Sq Ft: 2334
  • Total Finished Sq Ft: 2334
  • Above Grade Finished Sq Ft: 2334
  • Living Great Room: Dimensions: 12x24, On Level: Main
  • Kitchen: Dimensions: 10x10, On Level: Main
  • Dining Room: Dimensions: 14x10, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 12x9, On Level: Upper
  • Bedroom 3: Dimensions: 12x12, On Level: Upper
  • Bedroom 4: Dimensions: 12x10, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl, Wood
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Fence: Chain Link

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x30
  • Garage Sq Ft: 780

Utilities

  • Heating Fuel: Gas, Radiant
  • Sewer: Septic
  • Water Utilities: Private
  • Laundry: Dimensions: 8xMain, On Level: 8

Schools

  • School District: Clinton Prairie School Corp.
  • Elementary School: Clinton Prairie
  • Middle School: Clinton Prairie
  • High School: Clinton Prairie

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 117x290
  • Estimated Lot Sq Ft: 32670
  • Estimated Lot Size Acres: 0.75

Tax Info

  • Annual Taxes: 597
  • Total Assessed Value: 127700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2015
Closed on
Oct 30, 2015
Sold by
Ashlock Timothy R and Ashlock Lore
Bought by
Smith Taylor J and Smith Stacey D
Seller's Agent
Virginia Southern
Cory Southern Realty
Buyer's Agent
Virginia Southern
Cory Southern Realty
List Price
$134,500
Sold Price
$138,000
Premium/Discount to List
$3,500
2.6%
Current Estimated Value
$345,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,579
Avg. Annual Appreciation
9.52%
Original Mortgage
$135,500
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 23, 2015
Closed on
May 22, 2015
Sold by
Bank Of Amenca Na
Bought by
Ashlock Timothy R and Ashlock Lore
Seller's Agent
Sherrie Cocanower
RE/MAX Ability Plus
Buyer's Agent
Virginia Southern
Cory Southern Realty
List Price
$84,900
Sold Price
$30,000
Premium/Discount to List
-$54,900
-64.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3684.38%

Purchase Details

Closed on
Nov 26, 2014
Sold by
Boggess Glenda and Stogsdill Carol
Bought by
Bank Of America Na

Purchase Details

Closed on
May 4, 2012
Sold by
Boggess Glenda B
Bought by
Stogsdill Carol E

Purchase Details

Closed on
Aug 3, 2007
Sold by
Boggess Glenda B
Bought by
Boggess Glenda B and Stogsdill Carol E
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 Type Sale Price Title Company
Warranty Deed -- None Available
Special Warranty Deed -- First American Title
Sheriffs Deed $100,601 None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $30,000 New Conventional
Open $127,000 New Conventional
Closed $135,500 FHA
Previous Owner $80,000 New Conventional
Previous Owner $21,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $138,000 +2.6% $59 / Sq Ft
09/17/2015 09/17/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $134,500 +348.3% $58 / Sq Ft
05/28/2015 05/28/15 Sold $30,000 -64.7% $13 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $84,900 -- $36 / 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 $1,652 $214,400 $26,600 $187,800
2023 $1,071 $155,700 $26,600 $129,100
2022 $925 $155,700 $26,600 $129,100
2021 $887 $143,700 $26,600 $117,100
2020 $883 $143,700 $26,600 $117,100
2019 $698 $130,900 $26,600 $104,300
2018 $705 $133,900 $26,600 $107,300
2017 $716 $140,900 $26,600 $114,300
2016 $682 $134,900 $25,700 $109,200
2014 $620 $132,000 $25,700 $106,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201506863

Indiana Regional MLS

APN: 12-05-26-251-005.000-020