NOT LISTED FOR SALE

808 S 1st St Frankfort, IN 46041

Estimated Value: $68,000 - $170,595

9 Beds
2 Baths
2,629 Sq Ft
$44/Sq Ft Est. Value

Last Sold March 22, 2019

Last sale price $42,000 $16 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $717/month

106 Days on Market

Highlights

  • Partially Wooded Lot
  • 2 Car Attached Garage
  • Storm Windows
  • Enclosed Patio or Porch
  • Eat-In Kitchen
  • Covered Deck

About This Home

As of March 2019

You can have one really big house or 2 units. Currently set up as a duplex with each unit having 4 bedrooms. Front unit has an enclosed porch. Rear unit has a covered deck. Huge garage and storage areas. Needs some TLC, but if you want lots of space and bedrooms, check this out!

Last Agent to Sell the Property

Greg Risse

Risse Realty Listed on: 10/19/2018

Last Buyer's Agent

Nubia Medina

BerkshireHathaway HS IN Realty

BerkshireHathaway HS IN Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,046

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66' x 132'
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Laundry in Kitchen

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Laundry in Basement

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Covered Deck
  • Enclosed Patio or Porch

Location

  • Suburban Location

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 12-10-10-453-006.000-021

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,046

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 119
  • Style: One and Half Story
  • Bedrooms: 9
  • Number Above Grade Bedrooms: 9
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: COULTER & SIMS ADD LOT 18 |
  • Parcel Number ID: 12-10-10-453-006.000-021
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Cable Available, Countertops-Laminate, Deck Covered, Deck Open, Detector-Smoke, Eat-In Kitchen, Porch Enclosed, Storm Doors, Storm Windows, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 84.17
  • Monthly Gross Income: 400
  • Special Features: None

Interior Features

  • Total Sq Ft: 3317
  • Total Finished Sq Ft: 2629
  • Above Grade Finished Sq Ft: 2629
  • Below Grade Sq Ft: 688
  • Price Per Sq Ft: 15.98
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 688
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1.5

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 4
  • Parking: Garage, Off Street, Paved, Street

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Frankfort Munic. Util.
  • Gas Company: Vectren Energy
  • Cable Company: Comcast, AT&T
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level, Partially Wooded, 0-2.9999
  • Lot Dimensions: 66' x 132'
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2
  • Lot Number: 18

Green Features

  • Energy Efficient Windows/Doors: Storm Doors, Storm Windows

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Heating

Tax Info

  • Total Assessed Value: 44700
  • Annual Property Tax: 1046

Multi Family

  • Gross Monthly Rent: 400
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Number Of 4 Bedrooms: 2
  • Num Of Units Rented: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2019
Sold by
Regalado Mijia
Bought by
Mejia Isamar
Current Estimated Value
$116,149

Purchase Details

Listed on
Oct 19, 2018
Closed on
Mar 22, 2019
Sold by
Cardinal Properties & Management Llc
Bought by
Mejia Regalado Lourdes
Seller's Agent
Greg Risse
Risse Realty
Buyer's Agent
Nubia Medina
BerkshireHathaway HS IN Realty
List Price
$54,900
Sold Price
$42,000
Premium/Discount to List
-$12,900
-23.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.77%
Original Mortgage
$33,600
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 1997
Sold by
Lester Toney Charles
Bought by
Cartwright Meike S and Smith Angela
Source: Public Records

Range of Values:

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Average Value
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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
Mejia Isamar -- None Available
Mejia Regalado Lourdes -- None Available
Cartwright Meike S $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mejia Regalado Lourdes $33,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2019 03/22/19 Sold $42,000 -15.8% $16 / Sq Ft
02/02/2019 02/02/19 Pending -- -- --
12/13/2018 12/13/18 Price Changed $49,900 -9.1% $19 / Sq Ft
10/19/2018 10/19/18 For Sale $54,900 -- $21 / 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 $1,215 $76,200 $8,900 $67,300
2023 $1,204 $76,200 $8,900 $67,300
2022 $1,167 $76,200 $8,900 $67,300
2021 $1,197 $39,500 $8,900 $30,600
2020 $818 $39,500 $8,900 $30,600
2019 $913 $43,700 $8,900 $34,800
2018 $1,026 $43,700 $8,900 $34,800
2017 $1,061 $44,700 $10,600 $34,100
2016 $1,045 $43,500 $10,600 $32,900
2014 $930 $46,500 $10,600 $35,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201847535

Indiana Regional MLS

APN: 12-10-10-453-006.000-021