NOT LISTED FOR SALE

725 W Norris Way Unit 7 Frankfort, IN 46041

Estimated Value: $202,000 - $277,000

0.4 Acre
$632,164 Price per Acre
17,555 Sq Ft Lot

Last Sold August 16, 2019

Last sale price $8,571

Est. 2,872% increase in value since last sale

Current estimated payment $1,533/month

4 Days on Market

About This Lot

As of August 2019

Residential building site.

Last Agent to Sell the Property

Greg Risse

Risse Realty Listed on: 07/21/2019

Co-Listed By

Alex Risse

Risse Realty

Last Buyer's Agent

Alex Risse

Risse Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,179

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 89.12' x 196.93
  • Property fronts a county road
  • Finished Lot(s)
  • Property is zoned A1

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Blue Ridge / Green Meadows Elementary School
  • Frankfort Middle School
  • Frankfort High School

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 12-10-15-126-006.006-001

Property Details

Property Type

Land

Est. Annual Taxes

$2,179

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Clintonside Estates Lot #7
  • Parcel Number ID: 12-10-15-126-006.006-001
  • Platted: Yes
  • Location: Subdivision
  • Road Access: City
  • Road Surface: Concrete
  • Sp Lp Percent: 81.63
  • Parcel Description: Level, 0-2.9999
  • Type of Sale: Traditional
  • Options: Sell Entirely
  • Platted Development: Yes
  • Side Of Road: North
  • Type Use: Residential
  • County Zoning: A1
  • Year Taxes Payable: 2018
  • Special Features: None

Exterior Features

  • Road Frontage: County

Garage/Parking

  • Parking: Off Street

Utilities

  • Water Utilities: City
  • Electric Company: Frankfort Munic. Util.
  • Gas Company: CenterPoint Energy
  • Cable Company: Comcast, AT&T
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: City

Schools

  • School District: Community Schools of Frankfort
  • Elementary School: Blue Ridge / Green Meadows
  • Middle School: Frankfort
  • High School: Frankfort
  • Elementary School: Blue Ridge / Green Meadows

Lot Info

  • Lot Dimensions: 89.12' x 196.93
  • Estimated Lot Sq Ft: 17555
  • Estimated Lot Size Acres: 0.403
  • Lot Number: 7
  • Improvements: Storm Sewers

Tax Info

  • Annual Taxes: 28
  • Total Assessed Value: 1200

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2020
Sold by
Majestic Custom Homes Of Lafayette Inc
Bought by
Alanis Maritza
Current Estimated Value
$254,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,818
Outstanding Balance
$170,301
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$84,461

Purchase Details

Listed on
Jul 21, 2019
Closed on
Aug 16, 2019
Sold by
Norris Michael E
Bought by
Majestic Custom Homes Of Lafayett3e Inc
Seller's Agent
Greg Risse
Risse Realty
Buyer's Agent
Alex Risse
Risse Realty
List Price
$10,500
Sold Price
$8,571
Premium/Discount to List
-$1,929
-18.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.44%
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
Alanis Maritza -- None Available
Majestic Custom Homes Of Lafayett3e Inc -- None Available
Majestic Custom Homes Of Lafayette Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alanis Maritza $191,818
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2019 08/16/19 Sold $8,571 -18.4% --
07/25/2019 07/25/19 Pending -- -- --
07/21/2019 07/21/19 For Sale $10,500 -- --
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 $2,179 $194,200 $20,200 $174,000
2023 $2,178 $194,200 $20,200 $174,000
2022 $1,892 $196,000 $20,200 $175,800
2021 $2,011 $181,100 $20,200 $160,900
2020 $30 $1,200 $1,200 $0
2019 $43 $1,200 $1,200 $0
2018 $43 $1,200 $1,200 $0
2017 $39 $1,200 $1,200 $0
2016 $39 $1,200 $1,200 $0
2014 $22 $1,200 $1,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Risse

    Seller's Agent in 2019

    Greg Risse

    Risse Realty

    (765) 242-3590

    111 Total Sales

    Greg Risse
    Section Image
  • Alex Risse

    Seller Co-Listing Agent in 2019

    Alex Risse

    Risse Realty

    (765) 357-4124

    142 Total Sales

    Alex Risse
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201931208

Indiana Regional MLS

APN: 12-10-15-126-006.006-001

Indiana Clinton County Frankfort 46041

725 W Norris Way Unit 7, Frankfort, IN

This home is located at 725 W Norris Way Unit 7, Frankfort, IN 46041 since 21 July 2019 and is currently estimated at $254,762. 725 W Norris Way Unit 7 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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