NOT LISTED FOR SALE

556 Elmwood Dr Frankfort, IN 46041

Estimated Value: $128,000 - $167,000

2 Beds
1 Bath
870 Sq Ft
$164/Sq Ft Est. Value

Last Sold September 18, 2024

Last sale price $138,000 $159 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $809/month

12 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2024

Are you looking for a great starter home or looking to downsize and be in a convenient location on a quiet street? Well then, check out this 2 bedroom, 1 bath, kitchen, living room and partial basement and a 1 car garage. Backyard is fenced in and their is a deck and firepit . Seller is selling" AS IS " Inspections are welcome but no repairs will be made. Allowance of $5,000.00 is being offered for central air.

Last Agent to Sell the Property

Karen Butcher

BerkshireHathaway HS IN Realty Brokerage Phone: 765-242-3224 Listed on: 07/29/2024

BerkshireHathaway HS IN Realty

Last Buyer's Agent

Karen Miller

BerkshireHathaway HS IN Realty

BerkshireHathaway HS IN Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $709

Year Built

  • Built in 1956

Lot Details

  • 5,619 Sq Ft Lot
  • Lot Dimensions are 50x113

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 870 Sq Ft Home
  • Partially Finished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Blue Ridge / Green Meadows 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 12-10-14-105-002.000-021
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$709

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1956
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 016-20214-00 EDWARD STINSON ADD LOT 7 4782-X-1
  • Parcel Number ID: 12-10-14-105-002.000-021
  • Platted: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 870
  • Total Finished Sq Ft: 870
  • Above Grade Finished Sq Ft: 870
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Living Great Room: Dimensions: 13x15, On Level: Main
  • Kitchen: Dimensions: 11x12, On Level: Main
  • Bedroom 1: Dimensions: 10x13, On Level: Main
  • Bedroom 2: Dimensions: 10x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x15
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx4, On Level: 7

Schools

  • Elementary School: Blue Ridge / Green Meadows

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 50x113
  • Estimated Lot Sq Ft: 5619
  • Estimated Lot Size Acres: 0.129
  • Lot Number: 7

Tax Info

  • Annual Taxes: 709.15
  • 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
Jul 29, 2024
Closed on
Sep 23, 2024
Sold by
Mooneyhan Sally M and Mooneyhan Jeffrey A
Bought by
Royer Mitchell
Seller's Agent
Karen Butcher
BerkshireHathaway HS IN Realty
Buyer's Agent
Karen Miller
BerkshireHathaway HS IN Realty
List Price
$135,000
Sold Price
$138,000
Premium/Discount to List
$3,000
2.22%
Views
40
Current Estimated Value
$142,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,408
Avg. Annual Appreciation
2.61%
Original Mortgage
$139,393
Outstanding Balance
$137,826
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$4,582

Purchase Details

Closed on
Nov 18, 2019
Sold by
Mooneyhan Sally M and Freeman Sally M
Bought by
Mooneyhan Sally M and Mooneyhan Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2011
Closed on
May 16, 2012
Sold by
Mcnelly John E and Mcnelly Carol A
Bought by
Freeman Sally M
Seller's Agent
Dave Rodkey
Dave Rodkey, REALTORS
Buyer's Agent
LAF NonMember
NonMember LAF
List Price
$62,000
Sold Price
$59,500
Premium/Discount to List
-$2,500
-4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$59,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2008
Sold by
Lock Katherine L and Albaugh Connie S
Bought by
Mcnelly John E and Mcnelly Carol A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Royer Mitchell -- None Listed On Document
Mooneyhan Sally M -- Columbia Title Inc
Freeman Sally M $59,500 Morrison'S Abstract & Title
Freeman Sally M -- None Available
Mcnelly John E -- The Farmers Bank
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Royer Mitchell $139,393
Previous Owner Mooneyhan Sally M $60,000
Previous Owner Freeman Sally M $59,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2024 09/18/24 Sold $138,000 +2.2% $159 / Sq Ft
08/10/2024 08/10/24 Pending -- -- --
07/29/2024 07/29/24 For Sale $135,000 +126.9% $155 / Sq Ft
05/16/2012 05/16/12 Sold $59,500 -4.0% $68 / Sq Ft View Prior Sale
04/13/2012 04/13/12 Pending -- -- --
08/15/2011 08/15/11 For Sale $62,000 -- $71 / 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 $746 $69,900 $8,500 $61,400
2023 $709 $70,000 $8,500 $61,500
2022 $550 $70,000 $8,500 $61,500
2021 $671 $63,400 $8,500 $54,900
2020 $700 $63,800 $8,500 $55,300
2019 $643 $64,100 $8,500 $55,600
2018 $649 $64,400 $8,500 $55,900
2017 $437 $57,500 $7,800 $49,700
2016 $452 $63,000 $7,800 $55,200
2014 $313 $63,000 $7,800 $55,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202428406

Indiana Regional MLS

APN: 12-10-14-105-002.000-021