NOT LISTED FOR SALE

801 E Clinton St Frankfort, IN 46041

21 Beds
14 Baths
8,914 Sq Ft
0.4 Acres

Last Sold December 11, 2015

Last sale price $372,500 $42 Per Sq Ft

23 Days on Market

Highlights

  • Partially Wooded Lot
  • Corner Lot
  • Baseboard Heating
  • Traditional Architecture
  • Double Pane Windows
  • Carpet

About This Home

As of December 2015

14 unit apartment complex. Has six 2 bedroom units and eight 1 bedroom units. All brick exterior. Paved off street parking. All electric units.

Last Agent to Sell the Property

John Milholland

Risse Realty Listed on: 09/28/2015

Last Buyer's Agent

Greg Risse

Risse Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,641

Year Built

  • Built in 1971

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 132 x 132
  • Corner Lot
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Block Basement Construction

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 14 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cooling, electric, heating
  • The owner pays for building insurance, lawn maintenance, snow removal, sewer, tax, water
  • Assessor Parcel Number 12-10-11-161-001.000-021

Community Details

Overview

  • 14 Units

Pet Policy

  • Pet Restriction

Building Details

  • 14 Separate Electric Meters
  • Insurance Expense $4,502
  • Maintenance Expense $1,425
  • Trash Expense $1,288
  • Water Sewer Expense $6,021

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,641

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Complex
  • Year Built: 1971
  • Age: 44
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 21
  • Number Above Grade Bedrooms: 21
  • Total Bathrooms: 14
  • Total Full Bathrooms: 14
  • Legal Description: Southards Addition Lots #1 & 2 |
  • Parcel Number ID: 12-10-11-161-001.000-021
  • Platted: Yes
  • Amenities: Cable Available
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 87.65
  • Zoning Description: D Residence District
  • Annual Miscellaneous: 3440
  • Monthly Gross Income: 4000
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 8914
  • Total Finished Sq Ft: 8914
  • Above Grade Finished Sq Ft: 8914
  • Price Per Sq Ft: 41.79
  • Basement Foundation: Slab
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 4457
  • Number Of Ranges Ovens: 14

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Stories: 2
  • Outbuilding Sq Ft: 1728

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 6
  • Parking: Off Street, Street

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Frankfort Munic. Util.
  • Gas Company: CenterPoint Energy
  • Cable Company: Comcast
  • Annual Insurance Expense: 4502
  • Annual Maintenance Expense: 1425
  • Annual Trash Expense: 1288
  • Annual Water Sewer Expense: 6021
  • Number Electric Meters: 14

Condo/Co-op/Association

  • Pet Restrictions: Yes

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 Description: Corner, Level, Partially Wooded
  • Lot Dimensions: 132 x 132
  • Estimated Lot Sq Ft: 17424
  • Estimated Lot Size Acres: 0.4

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Lawn Maintenance, Snow Removal, Sewer, Tax, Water
  • Tenant Pays: Cooling, Electric, Heating

Tax Info

  • Total Assessed Value: 293700
  • Annual Property Tax: 5641

Multi Family

  • Gross Monthly Rent: 4000
  • Number Of Refrigerators: 14
  • Number Of Units: 14
  • Num Of1 Bedrooms: 8
  • Num Of2 Bedrooms: 6
  • Num Of Units Rented: 9

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2015 12/11/15 Sold $372,500 -12.4% $42 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
09/28/2015 09/28/15 For Sale $425,000 -- $48 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201546377

Indiana Regional MLS