$65,000
SOLD MAR 21, 2024

709 Magnolia Ave Frankfort, IN 46041

2 Beds
1 Bath
884 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$74 Per Sq Ft

10% Below List Price

2 Days on Market

Highlights

  • 1-Story Property
  • Wood Siding
  • 4-minute walk to Circle Park
  • Level Lot

About This Home

As of August 2024

Welcome to 709 Magnolia Ave in Frankfort! This charming fixer-upper presents a wonderful opportunity for those seeking a cozy abode ripe with potential. Boasting 2 bedrooms, 1 bathroom, and 884 square feet of space, this home offers a canvas for your imagination to flourish. Whether you're a first-time buyer eager to personalize your living space or an investor seeking a promising project, this property invites creativity and vision. With its quaint appeal and ample room for enhancement, it's an ideal canvas awaiting your personal touch. Don't miss the chance to make this adorable property your own! Inspections welcome but home to be sold-as.

Last Agent to Sell the Property

Elizabeth Hobbs

Keller Williams Lafayette Brokerage Phone: 317-459-1966 Listed on: 02/23/2024

Keller Williams Lafayette

Last Buyer's Agent

Jennifer Lane

Keller Williams Indy Metro North

Keller Williams Indy Metro North

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $260

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Level Lot

Home Design

  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 884 Sq Ft Home
  • 1-Story Property
  • Disposal
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 12-10-04-483-010.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$260

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 124
  • Style: One Story
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 016-18075-00 WOODSIDE ADD BLK A LT 22 603
  • Parcel Number ID: 12-10-04-483-010.000-021
  • Platted: Yes
  • Amenities: Disposal, Dryer Hook Up Electric
  • Sp Lp Percent: 89.66
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 884
  • Total Finished Sq Ft: 884
  • Above Grade Finished Sq Ft: 884
  • Price Per Sq Ft: 73.53
  • Living Great Room: Dimensions: 12x16, On Level: Main
  • Kitchen: Dimensions: 12x18, On Level: Main
  • Bedroom 1: Dimensions: 14x10, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt
  • Outbuilding1: None

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 50x132
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Tax Info

  • Annual Taxes: 260
  • 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 19, 2024
Closed on
Aug 19, 2024
Sold by
Moore Jayce A
Bought by
Moore Jayce A and Hernandez Italia E
Seller's Agent
Jennifer Lane
Keller Williams Indy Metro North
Buyer's Agent
RACI NonMember
NonMember RACI
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%
Views
6
Current Estimated Value
$164,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,955
Avg. Annual Appreciation
-6.86%
Original Mortgage
$175,000
Outstanding Balance
$173,956
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$9,911

Purchase Details

Listed on
Feb 23, 2024
Closed on
Mar 21, 2024
Sold by
Fouse Terry D and Fouse Nikki L
Bought by
S & J Home Rehab Company Llc
Seller's Agent
Elizabeth Hobbs
Keller Williams Lafayette
Buyer's Agent
Jennifer Lane
Keller Williams Indy Metro North
List Price
$72,500
Sold Price
$65,000
Premium/Discount to List
-$7,500
-10.34%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1019.66%

Purchase Details

Closed on
Jun 23, 2022
Sold by
Gary Dwaine Irons and Gary Nancy Jo
Bought by
Fouse Terry D and Fouse Nikki L

Purchase Details

Closed on
Jun 1, 2012
Sold by
Irons Gary D and Irons Nancy J
Bought by
Fouse Terry D and Fouse Nikki L

Purchase Details

Closed on
Aug 31, 2011
Sold by
Irons Gary D and Irons Nancy J
Bought by
Irons Gary Dwaine and Irons Nancy Jo
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 Type Sale Price Title Company
Quit Claim Deed $175,000 None Listed On Document
Warranty Deed $175,000 None Listed On Document
Warranty Deed $65,000 Columbia Title
Deed -- --
Deed $30,000 --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 New Conventional
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2024 08/19/24 Sold $175,000 -5.4% $198 / Sq Ft
07/19/2024 07/19/24 For Sale $185,000 +184.6% $209 / Sq Ft
03/21/2024 03/21/24 Sold $65,000 -10.3% $74 / Sq Ft
02/25/2024 02/25/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $72,500 -- $82 / 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 $420 $40,500 $8,500 $32,000
2023 $469 $40,600 $8,500 $32,100
2022 $347 $40,600 $8,500 $32,100
2021 $237 $29,000 $8,500 $20,500
2020 $241 $29,000 $8,500 $20,500
2019 $228 $29,200 $8,500 $20,700
2018 $227 $29,200 $8,500 $20,700
2017 $115 $23,500 $10,500 $13,000
2016 $111 $22,200 $10,500 $11,700
2014 $72 $23,300 $10,500 $12,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202405730

Indiana Regional MLS

APN: 12-10-04-483-010.000-021