NOT LISTED FOR SALE

601 Washington Ave Frankfort, IN 46041

Estimated Value: $103,983 - $207,000

5 Beds
3 Baths
2,242 Sq Ft
$69/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $65,000 $29 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,081/month

113 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Carpet
  • Covered Patio or Porch

About This Home

As of August 2019

This house is a triplex but could be converted back to a single family home with 5 bedrooms and 3 baths. Entire house has insulation blown-in all exterior walls in 2014. All new vinyl siding along with insulation board panels installed behind the siding in 2014. In 1017, remodeled a bathroom which cost $5,000.00. All new lifetime warranty vinyl windows (double pane, Argon gas, Low E) installed in 2013.

Last Agent to Sell the Property

Phil Snellenbarger

Livengood Realty Listed on: 03/20/2019

Last Buyer's Agent

Phil Snellenbarger

Livengood Realty Listed on: 03/20/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1900

Lot Details

  • 6,360 Sq Ft Lot
  • Lot Dimensions are 84 x 113
  • Corner Lot

Parking

  • 1 Parking Space

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2,242 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Exterior Basement Entry

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Suncrest Elementary School
  • Frankfort Middle School
  • Frankfort High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for building insurance, electric, fuel, lawn maintenance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 12-10-11-109-001.000-021

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $1,900
  • Fuel Expense $1,400
  • Insurance Expense $624
  • Maintenance Expense $950
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,500

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 119
  • Style: One and Half Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 016-03635-00 PT NW 11-21--1W.146A 275-A
  • Parcel Number ID: 12-10-11-109-001.000-021
  • Platted: Yes
  • Amenities: Basement, Porch Covered
  • Inside City Limits: Yes
  • Sp Lp Percent: 86.78
  • Annual Miscellaneous: 400
  • Monthly Gross Income: 1777
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 2242
  • Total Finished Sq Ft: 2242
  • Above Grade Finished Sq Ft: 2242
  • Price Per Sq Ft: 28.99
  • Basement: Yes
  • Basement Foundation: Outside Entrance Only, Partial Basement
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 1

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1900
  • Annual Fuel Expense: 1400
  • Annual Insurance Expense: 624
  • Annual Maintenance Expense: 950
  • Annual Water Sewer Expense: 1200

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Community Schools of Frankfort
  • Elementary School: Suncrest
  • Middle School: Frankfort
  • High School: Frankfort
  • Elementary School: Suncrest

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 84 X 113
  • Estimated Lot Sq Ft: 6360
  • Estimated Lot Size Acres: 0.146

Rental Info

  • Lease Term: Week to Week
  • Owner Pays: Building Insurance, Electric, Fuel, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cable

Multi Family

  • Gross Monthly Rent: 1777
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1500

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
Mar 20, 2019
Closed on
Aug 28, 2019
Sold by
Advanta Ira Services Llc
Bought by
Clinton Rental Properties Llc
Seller's Agent
Phil Snellenbarger
Livengood Realty
Buyer's Agent
Phil Snellenbarger
Livengood Realty
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%
Current Estimated Value
$155,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,496
Avg. Annual Appreciation
13.85%
Original Mortgage
$69,000
Outstanding Balance
$54,903
Interest Rate
3.8%
Mortgage Type
Commercial
Estimated Equity
$87,551

Purchase Details

Closed on
Nov 21, 2017
Sold by
Advanta Ira Services
Bought by
City Of Frankfort

Purchase Details

Closed on
Oct 21, 2013
Sold by
Srw Investments Llc
Bought by
Advanta Ira Services Llc
Source: Public Records

Range of Values:

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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
Clinton Rental Properties Llc -- None Available
City Of Frankfort $1,630 Rws South, Inc.
City Of Frankfort $1,630 None Available
Advanta Ira Services Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clinton Rental Properties Llc $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2019 08/29/19 Sold $65,000 -13.2% $29 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $74,900 0.0% $33 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
04/25/2019 04/25/19 Price Changed $74,900 -6.3% $33 / Sq Ft
03/20/2019 03/20/19 For Sale $79,900 -- $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 $3,030 $135,400 $13,300 $122,100
2023 $2,689 $117,200 $13,300 $103,900
2022 $2,200 $96,400 $13,300 $83,100
2021 $1,484 $64,300 $13,300 $51,000
2020 $1,517 $64,300 $13,300 $51,000
2019 $1,519 $64,300 $13,300 $51,000
2018 $1,500 $64,200 $13,300 $50,900
2017 $1,494 $63,200 $12,900 $50,300
2016 $1,454 $60,800 $12,900 $47,900
2014 $1,206 $60,300 $12,900 $47,400
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Phil Snellenbarger

    Livengood Realty

    (765) 242-3557

    9 Total Sales

    Phil Snellenbarger
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Map

Source: Indiana Regional MLS

MLS Number: 201909966

Indiana Regional MLS

APN: 12-10-11-109-001.000-021

Indiana Clinton County Frankfort 46041

601 Washington Ave, Frankfort, IN

This home is located at 601 Washington Ave, Frankfort, IN 46041 since 20 March 2019 and is currently estimated at $155,496, approximately $69 per square foot. This property was built in 1900. 601 Washington Ave is a home located in Clinton County with nearby schools including Frankfort Senior High School and Frankfort Covenant Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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