$194,900
SOLD OCT 18, 2024

5889 W Homestead Dr Frankton, IN 46044

3 Beds
1.5 Baths
1,297 Sq Ft
0.42 Acres

Recently Sold

$150 Per Sq Ft

3% Below List Price

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Combination Kitchen and Dining Room
  • No HOA
  • Forced Air Heating System

About This Home

As of July 2025

This adorable ranch sits on almost half an acre with no HOA. Laminated hardwood floors throughout , stainless steel appliances, 4 year old roof, 3 year old furnace and central air conditioning, brand new water softener / filter system, and recently updated kitchen are just some of the perks. Seller happy to leave all kitchen appliances, garage refrigerator, washer AND dryer.

Last Agent to Sell the Property

Shea Ellington

United Real Estate Indpls Brokerage Email: shea@ellingtonassociates.com License #RB15000026 Listed on: 09/10/2024

United Real Estate Indpls

Last Buyer's Agent

Shelly Hughes

Indy A-Team Realty License #RB14052270

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,472

Year Built

  • Built in 1962

Lot Details

  • 0.42 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,297 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Electric Oven
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Lapel Middle School

Utilities

  • Forced Air Heating System
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 480806300051000017
  • Assessor Parcel Number 480806300051000017
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,472

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1962
  • Building Area Total: 1297
  • Garage Y N: Yes
  • Lot Size Acres: 0.42
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: shea@ellingtonassociates.com
  • Attribution Contact: shea@ellingtonassociates.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Microwave, Electric Oven, Range Hood, Refrigerator, Washer, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hi-Speed Internet Availbl
  • Living Area: 1297
  • Main Level Bedrooms: 3
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1297
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Crawl Space
  • List Price: 199900

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Sq Ft: 500

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Lapel Middle School

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 18252
  • Parcel Number: 480806300051000017
  • Acres: 1/4-1/2 Acre
  • Price Acre: 464048

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2472
  • Tax Lot: 480806300051000017
  • Semi Annual Property Tax Amt: 1236
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2025
Closed on
Jul 3, 2025
Sold by
Thomas G Gates Living Trust and Young Michelle
Bought by
Moore Thomas and Moore Hannah
Seller's Agent
Shelly Hughes
Indy A-Team Realty
Buyer's Agent
Daimon Buck
F.C. Tucker Company
List Price
$205,000
Sold Price
$217,000
Premium/Discount to List
$12,000
5.85%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-78.05%
Original Mortgage
$210,490
Outstanding Balance
$210,490
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
-$12,362

Purchase Details

Closed on
Feb 18, 2025
Sold by
Gates Thomas G
Bought by
Thomas G Gates Living Trust

Purchase Details

Listed on
Sep 10, 2024
Closed on
Oct 18, 2024
Sold by
Roach Rebecca
Bought by
Gates Thomas G and Gates Judy K
Seller's Agent
Shea Ellington
United Real Estate Indpls
Buyer's Agent
Shelly Hughes
Indy A-Team Realty
List Price
$199,900
Sold Price
$194,900
Premium/Discount to List
-$5,000
-2.5%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.16%

Purchase Details

Listed on
May 13, 2022
Closed on
Jun 28, 2022
Sold by
Michael Lee Justin
Bought by
Mulvaney Rebecca
Seller's Agent
Leslie Ramsey
CENTURY 21 Scheetz
Buyer's Agent
Shea Ellington
United Real Estate Indpls
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.11%
Original Mortgage
$180,500
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2021
Closed on
Apr 30, 2021
Sold by
Hannah Gary A
Bought by
Lee Justin Michael
Seller's Agent
Sandy Thomas
Highgarden Real Estate
Buyer's Agent
Leslie Ramsey
CENTURY 21 Scheetz
List Price
$139,500
Sold Price
$151,000
Premium/Discount to List
$11,500
8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.90%
Original Mortgage
$133,200
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2013
Closed on
May 30, 2013
Sold by
Newbury Place Roe Iii Llc
Bought by
Hannah Gary A
Seller's Agent
Chris Price
Keller Williams Indy Metro S
Buyer's Agent
William Carter
List Price
$34,900
Sold Price
$37,100
Premium/Discount to List
$2,200
6.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.39%

Purchase Details

Closed on
Jan 30, 2013
Sold by
Schlichter Ryan
Bought by
Newbury Place Reo Iii Llc

Purchase Details

Closed on
May 13, 2005
Sold by
Kelly Ronnie M and Kelly Roy J
Bought by
Schlichter Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.05%
Mortgage Type
New Conventional
Source: Public Records

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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
Deed -- Meridian Title
Quit Claim Deed -- None Listed On Document
Warranty Deed $194,900 Centurion Land Title
Warranty Deed -- Landquest Title
Warranty Deed $151,000 None Available
Warranty Deed -- --
Quit Claim Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,490 New Conventional
Previous Owner $180,500 New Conventional
Previous Owner $133,200 New Conventional
Previous Owner $92,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Sold $217,000 +5.9% $167 / Sq Ft
05/29/2025 05/29/25 Pending -- -- --
05/29/2025 05/29/25 For Sale $205,000 +5.2% $158 / Sq Ft
10/18/2024 10/18/24 Sold $194,900 -2.5% $150 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $199,900 +5.2% $154 / Sq Ft
06/28/2022 06/28/22 Sold $190,000 -2.6% $146 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $195,000 +29.1% $150 / Sq Ft
04/30/2021 04/30/21 Sold $151,000 +8.2% $116 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $139,500 +276.0% $108 / Sq Ft
05/30/2013 05/30/13 Sold $37,100 +6.3% $29 / Sq Ft
05/29/2013 05/29/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $34,900 0.0% $27 / Sq Ft
03/09/2013 03/09/13 Pending -- -- --
02/13/2013 02/13/13 For Sale $34,900 -- $27 / 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 $719 $124,500 $18,000 $106,500
2023 $2,472 $123,600 $17,100 $106,500
2022 $890 $105,000 $16,300 $88,700
2021 $767 $97,800 $16,300 $81,500
2020 $1,860 $92,900 $15,500 $77,400
2019 $1,766 $88,200 $15,500 $72,700
2018 $1,631 $81,400 $15,500 $65,900
2017 $1,612 $80,500 $15,500 $65,000
2016 $1,685 $83,900 $15,500 $68,400
2014 $1,663 $82,700 $15,500 $67,200
2013 $1,663 $82,700 $15,500 $67,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22000830

MIBOR Broker Listing Cooperative®

APN: 48-08-06-300-051.000-017