NOT LISTED FOR SALE

901 E Walnut St Frankfort, IN 46041

Estimated Value: $95,000 - $228,000

6 Beds
3 Baths
2,772 Sq Ft
$56/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $57,500 $21 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $1,044/month

116 Days on Market

Highlights

  • Corner Lot
  • Entrance Foyer
  • Luxury Vinyl Tile Flooring
  • Covered Patio or Porch
  • Laundry in Utility Room
  • Baseboard Heating

About This Home

As of February 2018

INVESTMENT PROPERTY !! - Currently a 3 unit income property. 2 apartments on the first level and one up. Each unit has electric baseboard heat. Off-street parking. Zoned C-Residence (in Christian Ridge Historical District). Owner reports 3 year average (2014,2015 & 2016) of gross annual rent = $16,697/year. Water/sewer, electric & fuel cost above are combined as fuel cost for 2016. Owner reports 3 year average = $5,565/year. Misc, trash & maintenance above are combined as maintenance. Owner reports 3 year average = $2,119/year.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,378

Year Built

  • Built in 1890

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 66x108
  • Corner Lot
  • Level Lot

Home Design

  • Triplex
  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 2,772 Sq Ft Home
  • 1.5-Story Property
  • Entrance Foyer
  • Laundry in Utility Room
  • Partially Finished Basement

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Stone Driveway
  • Off-Street Parking

Additional Features

  • Covered Patio or Porch
  • Suburban Location
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 12-10-11-166-001.000-021

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $1
  • Fuel Expense $6,077
  • Insurance Expense $1,107
  • Maintenance Expense $1,531
  • Trash Expense $1
  • Water Sewer Expense $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,378

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1890
  • Age: 128
  • Style: One and Half Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: A.H. Southard's 3rd add part lot 28
  • Parcel Number ID: 12-10-11-166-001.000-021
  • Platted: Yes
  • Amenities: Off Street Parking, Foyer Entry, Porch Covered
  • Cross Street: S. O'Neil St.
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 82.73
  • Annual Miscellaneous: 1
  • Monthly Gross Income: 1720
  • Special Features: None

Interior Features

  • Total Sq Ft: 2772
  • Total Finished Sq Ft: 2772
  • Above Grade Finished Sq Ft: 2772
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Brick
  • Flooring: Carpet, Vinyl Tile
  • Number Of Ranges Ovens: 3

Exterior Features

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

Garage/Parking

  • Driveway: Stone
  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Frankfort Munic. Util.
  • Gas Company: Vectren Energy
  • Annual Electric: 1
  • Annual Fuel Expense: 6077
  • Annual Insurance Expense: 1107
  • Annual Maintenance Expense: 1531
  • Annual Trash Expense: 1
  • Annual Water Sewer Expense: 1
  • Number Of W D Hookups: 1

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 66x108
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16

Rental Info

  • Lease Term: Month to Month

Tax Info

  • Total Assessed Value: 57600
  • Annual Property Tax: 1378.4

Multi Family

  • Gross Monthly Rent: 1720
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2017
Closed on
Feb 16, 2018
Sold by
Sheets Travis C and Sheets Gina L
Bought by
Bucio-Yanez Basilio and Mora-Angeles Gertrudis
List Price
$69,500
Sold Price
$57,500
Premium/Discount to List
-$12,000
-17.27%
Current Estimated Value
$154,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,717
Avg. Annual Appreciation
13.76%
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
Bucio-Yanez Basilio $57,500 Moore Title & Escrow
Bucio Yanez Basilio $57,500 Moore Title & Escrow
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2018 02/16/18 Sold $57,500 -17.3% $21 / Sq Ft
02/10/2018 02/10/18 Pending -- -- --
10/17/2017 10/17/17 For Sale $69,500 -- $25 / 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 $2,673 $118,700 $14,500 $104,200
2023 $2,703 $117,800 $14,500 $103,300
2022 $2,311 $101,300 $14,500 $86,800
2021 $1,447 $62,700 $14,500 $48,200
2020 $1,479 $62,700 $14,500 $48,200
2019 $1,482 $62,700 $14,500 $48,200
2018 $1,461 $62,500 $14,500 $48,000
2017 $1,449 $61,300 $13,500 $47,800
2016 $1,378 $61,900 $13,500 $48,400
2014 $1,228 $61,400 $13,500 $47,900
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201747849

Indiana Regional MLS

APN: 12-10-11-166-001.000-021

Indiana Clinton County Frankfort 46041

901 E Walnut St, Frankfort, IN

This home is located at 901 E Walnut St, Frankfort, IN 46041 since 17 October 2017 and is currently estimated at $154,217, approximately $55 per square foot. This property was built in 1890. 901 E Walnut St 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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