NOT LISTED FOR SALE

631 N County Road 700 W Frankfort, IN 46041

Estimated Value: $305,000 - $447,000

2 Beds
1 Bath
1,190 Sq Ft
$316/Sq Ft Est. Value

Last Sold January 03, 2018

Last sale price $136,500 $115 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $2,284/month

470 Days on Market

Highlights

  • Golf Course View
  • Screened Porch
  • 4 Car Detached Garage
  • Partially Wooded Lot
  • Workshop
  • Eat-In Kitchen

About This Home

As of January 2018

WHAT AN OPPORTUNITY !! - There's so much you can do with this place. 1.6 acres right there adjoining Deer Track golf course and its upscale housing subdivision. This house was the house on the farm that became Deer Track. It was built as a 3 bedroom house, but the current owner combined two of the bedrooms (still needs some finishing). Other first floor features: kitchen, dining area with golf course view and living room with fireplace. There's a screened porch/patio, deck and hot tub. The walk out basement features utility room and game room. The back and side lot is chain link fenced for your dogs and there is a play gym for the kids. And wait until you see the garage/shop!! 62x40 (2,480 sq. ft.) divided into 34x40 garage space and 28x40 shop space. BE SURE YOU SEE THIS !!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $716

Year Built

  • Built in 1955

Lot Details

  • 1.6 Acre Lot
  • Rural Setting
  • Chain Link Fence
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 4 Car Detached Garage
  • Heated Garage
  • Garage Door Opener
  • Stone Driveway

Home Design

  • Walk-Out Ranch
  • Shingle Roof
  • Limestone

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Workshop
  • Screened Porch
  • Golf Course Views
  • Fire and Smoke Detector
  • Eat-In Kitchen

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Covered Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 12-09-03-151-003.000-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$716

Year Built

Built in 1955

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1955
  • Age: 62
  • Architectural Style: Walkout Ranch
  • Total Number of Rooms: 5
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: part NW Sec 3, Twp 21N, R2W - 1.662 acres
  • Parcel Number ID: 12-09-03-151-003.000-020
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Deck Covered, Deck Open, Detector-Smoke, Eat-In Kitchen, Garage Door Opener, Patio Open, Porch Screened, Workshop, Garage-Heated
  • Location: Rural Subdivision
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 94.14
  • Special Features: None

Interior Features

  • Total Sq Ft: 2380
  • Total Finished Sq Ft: 1190
  • Above Grade Finished Sq Ft: 1190
  • Below Grade Sq Ft: 1190
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning
  • Flooring: Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 23x11, On Level: Main
  • Kitchen: Dimensions: 11x10, On Level: Main
  • Dining Room: Dimensions: 12x8, On Level: Main
  • Bedroom 1: Dimensions: 22x9, On Level: Main
  • Bedroom 2: Dimensions: 11x9, On Level: Main
  • Main Level Sq Ft: 1190
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1190

Exterior Features

  • Exterior: Limestone
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Chain Link

Garage/Parking

  • Driveway: Stone
  • Garage Type: Detached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 40x62
  • Garage Sq Ft: 2480

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: Vectren Energy
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Golf Frontage, Irregular, Partially Wooded, Rolling
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 69696
  • Estimated Lot Size Acres: 1.6
  • Zoning: R-1 Residential

Tax Info

  • Annual Taxes: 715.74
  • Total Assessed Value: 146000
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2020
Sold by
Ream Dennis F and Ream Reba J
Bought by
Ream Chris A and Ream Robin S
Current Estimated Value
$376,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2016
Closed on
Jan 3, 2018
Sold by
Robinson Reginald D
Bought by
Ream Chris A and Ream Dennis F
List Price
$179,000
Sold Price
$136,500
Premium/Discount to List
-$42,500
-23.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.66%
Original Mortgage
$184,000
Interest Rate
3.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Ream Chris A -- None Available
Ream Chris A $136,500 Moore Title & Escrow
Ream Chris N $136,500 Moore Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ream Chris A $300,000
Closed Ream Chris A $35,000
Closed Ream Chris A $135,000
Closed Ream Chris N $184,000
Previous Owner Robinson Reginald D $130,941
Previous Owner Robinson Reginald D $129,006
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2018 01/03/18 Sold $136,500 -23.7% $115 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
08/07/2016 08/07/16 For Sale $179,000 -- $150 / 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 $2,866 $333,500 $43,000 $290,500
2023 $2,074 $251,700 $43,000 $208,700
2022 $1,841 $256,100 $43,000 $213,100
2021 $1,807 $236,400 $38,700 $197,700
2020 $1,748 $234,400 $34,700 $199,700
2019 $1,808 $136,200 $34,700 $101,500
2018 $1,773 $137,000 $34,700 $102,300
2017 $790 $143,300 $34,700 $108,600
2016 $716 $143,200 $33,500 $109,700
2014 $586 $140,200 $33,500 $106,700
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201637142

Indiana Regional MLS

APN: 12-09-03-151-003.000-020