NOT LISTED FOR SALE

775 W Norris Way Unit 9 Frankfort, IN 46041

Estimated Value: $260,000 - $334,371

0.36 Acre
$834,769 Price per Acre
15,464 Sq Ft Lot

Last Sold August 16, 2019

Last sale price $8,571

Est. 3,358% increase in value since last sale

Current estimated payment $1,799/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

  • $2,731

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 78.5' 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 12-10-15-126-006.008-001

Property Details

Property Type

Land

Est. Annual Taxes

$2,731

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Clintonside Estates Lot #9
  • Parcel Number ID: 12-10-15-126-006.008-001
  • Platted: Yes
  • Location: Subdivision
  • Road Access: City
  • Road Surface: Concrete
  • Sp Lp Percent: 90.22
  • 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: 78.5' x 196.93
  • Estimated Lot Sq Ft: 15464
  • Estimated Lot Size Acres: 0.355
  • Lot Number: 9
  • Improvements: Storm Sewers

Tax Info

  • Annual Taxes: 26
  • Total Assessed Value: 1100

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
Dec 18, 2023
Sold by
Ream Grant J and Ruiz Michaela
Bought by
Fulton David and Fulton Christa
Current Estimated Value
$296,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$236,211
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$60,132

Purchase Details

Closed on
Nov 20, 2020
Sold by
Majestic Custom Homes Of Lafayette Inc
Bought by
Ream Grant J and Ruiz Michaela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,550
Interest Rate
2.8%
Mortgage Type
New Conventional

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
$9,500
Sold Price
$8,571
Premium/Discount to List
-$929
-9.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.75%
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
Fulton David -- None Listed On Document
Ream Grant J -- Metropolitan Title Of In
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 Fulton David $240,000
Previous Owner Ream Grant J $217,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2019 08/16/19 Sold $8,571 -9.8% --
07/25/2019 07/25/19 Pending -- -- --
07/21/2019 07/21/19 For Sale $9,500 -- --
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 $2,731 $242,500 $17,900 $224,600
2023 $2,769 $242,500 $17,900 $224,600
2022 $2,517 $244,800 $17,900 $226,900
2021 $2,402 $225,500 $17,900 $207,600
2020 $29 $1,100 $1,100 $0
2019 $41 $1,100 $1,100 $0
2018 $41 $1,100 $1,100 $0
2017 $37 $1,100 $1,100 $0
2016 $37 $1,100 $1,100 $0
2014 $20 $1,100 $1,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201931211

Indiana Regional MLS

APN: 12-10-15-126-006.008-001