NOT LISTED FOR SALE

5844 S State Road 39 Frankfort, IN 46041

Estimated Value: $185,578 - $230,000

4 Beds
1 Bath
2,048 Sq Ft
$100/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $124,000 $61 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,186/month

Highlights

  • Traditional Architecture
  • Formal Dining Room
  • Woodwork
  • Wood Flooring
  • Eat-In Kitchen
  • Walk-In Closet

About This Home

As of November 2020

Investor special!! Endless opportunties is all that needs to be said about this home. Whether you are looking for a flip project or a place to renovate and call home, then this 2 story home is it! With easy access to I-65, SR 47 and US-52 you can be in Lebanon, Frankfort, Lafayette or Indianapolis in no time at all. This farmhouse is nestled on 2 acres with a large barn, chicken coop, plus a 2 car attached garage with heater. Home has 4 bedrooms with Master on main level, huge Dining room and kitchen with plenty of cabinet space. Bonus Room plus Laundry all on main level, Upstairs has 3 bedrooms. Home is being sold AS-IS!! Bring your remodel ideas, roll up your sleeves, and with a little elbow grease, this home could be amazing!!!

Last Agent to Sell the Property

Cory Lamb

La Terre Boutique License #RB18001120 Listed on: 09/16/2020

Last Buyer's Agent

Mary Slavens

Keller Williams Lafayette

Keller Williams Lafayette

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $456

Year Built

  • Built in 1910

Lot Details

  • 1.99 Acre Lot
  • Partially Fenced Property

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Window Screens
  • Formal Dining Room
  • Wood Flooring
  • Attic Access Panel
  • Fire and Smoke Detector
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Unfinished Basement

  • Basement Cellar
  • Crawl Space

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Well
  • Septic Tank

Additional Features

  • Outdoor Storage
  • Horse or Livestock Barn

Listing and Financial Details

  • Assessor Parcel Number 121402400006000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$456

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts&Crafts/Craftsman, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1910
  • Garage Y N: Yes
  • Lot Size Acres: 1.99
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Investor special!! Endless opportunties is all that needs to be said about this home. Whether you are looking for a flip project or a place to renovate and call home, then this 2 story home is it! With easy access to I-65, SR 47 and US-52 you can be in Lebanon, Frankfort, Lafayette or Indianapolis in no time at all. This farmhouse is nestled on 2 acres with a large barn, chicken coop, plus a 2 car attached garage with heater. Home has 4 bedrooms with Master on main level, huge Dining room and kitchen with plenty of cabinet space. Bonus Room plus Laundry all on main level, Upstairs has 3 bedrooms. Home is being sold AS-IS!! Bring your remodel ideas, roll up your sleeves, and with a little elbow grease, this home could be amazing!!!
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Floor Number: 2
  • Special Features: None

Interior Features

  • Basement: No
  • Basement Type: Cellar, Unfinished
  • Appliances: None
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Attic Access, Walk-in Closet(s), Hardwood Floors, Screens Some, Wood Work Stained, WoodWorkStain/Painted
  • Living Area: 2048
  • Other Equipment: Smoke Detector, Programmable Thermostat, Water-Softener Owned
  • Room Count: 10
  • Areas Interior: Living Room Formal,Laundry Room Main Level,Utility Room
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2048
  • Main Level Sq Ft: 1459
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2048
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 589

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Horse, Driveway Gravel, Fence Partial, Storage
  • Foundation Details: Crawl Space, Other
  • List Price: 134900
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch,Porch Open

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached,Other
  • Garage Parking Other: Garage Door Opener
  • Garage Sq Ft: 624

Utilities

  • Sewer: Septic Tank
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Forced Air, Heat Pump
  • Water Source: Well
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 121402400006000004
  • Acres: 1-3 Acres
  • Lot Information: Street Lights,Rural No Subdivision,Tree Mature
  • Lot Number: 0
  • Lot Size: 86,684

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 456
  • Semi Annual Property Tax Amt: 228
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Clinton Prairie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Nov 13, 2020
Sold by
Norris Jeremiah
Bought by
Madera Armando and Madera Alicia
Seller's Agent
Cory Lamb
La Terre Boutique
Buyer's Agent
Mary Slavens
Keller Williams Lafayette
List Price
$134,900
Sold Price
$124,000
Premium/Discount to List
-$10,900
-8.08%
Current Estimated Value
$205,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,645
Avg. Annual Appreciation
11.51%
Original Mortgage
$54,000
Outstanding Balance
$31,999
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$176,516

Purchase Details

Closed on
Mar 21, 2014
Sold by
Tang Michael C
Bought by
Norris Jeremiah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,612
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2009
Sold by
Pletch Mary R
Bought by
Tang Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2009
Sold by
Pletch Mary R
Bought by
Hession Enterprises Lp

Purchase Details

Closed on
Oct 18, 2000
Sold by
Pletch Mary R Sold 2617 A
Bought by
Pletch Max R and Pletch Zillah M
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
Madera Armando -- Mtc
Norris Jeremiah $79,000 Meridian Title Corp
Norris Jeremiah -- None Available
Tang Michael C $80,000 Robison Robison Bergum & Joh
Tang Michael C -- None Available
Hession Enterprises Lp $78,341 Robison Robison Bergum & Joh
Pletch Max R $523 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madera Armando $54,000
Previous Owner Norris Jeremiah $80,612
Previous Owner Tang Michael C $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $124,000 -8.1% $61 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $134,900 -- $66 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $781 $123,800 $28,700 $95,100
2023 $788 $122,200 $28,700 $93,500
2022 $678 $122,200 $28,700 $93,500
2021 $510 $99,300 $28,700 $70,600
2020 $520 $99,300 $28,700 $70,600
2019 $461 $98,300 $28,700 $69,600
2018 $448 $98,300 $28,700 $69,600
2017 $379 $95,400 $28,700 $66,700
2016 $1,032 $90,400 $28,700 $61,700
2014 $248 $85,600 $28,700 $56,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21739248

MIBOR Broker Listing Cooperative®

APN: 12-14-02-400-006.000-004