NOT LISTED FOR SALE

916 S Prairie Ave Frankfort, IN 46041

Estimated Value: $113,812

5.1 Acres
$22,303 Price per Acre
222,287 Sq Ft Lot

Last Sold October 12, 2022

Last sale price $92,000 $319 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $610/month

118 Days on Market

About This Lot

As of October 2022

Listed for sale is a property located just outside of the city limits of Frankfort that has an incredible amount of potential! Build your potential dream home on this quiet tract of land just outside of town! Located just 7 miles from Interstate 65, and one mile from IN-28, this property puts you in the perfect spot to access a major travel route making that commute to work or travel that much easier. Lots like this one in this area do not come on the market very often, so act before it is too late!

Last Agent to Sell the Property

Andrew Malott

Whitetail Properties Real Estate Listed on: 04/30/2022

Whitetail Properties Real Estate

Last Buyer's Agent

Amy Knoll

Trueblood Real Estate

Trueblood Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $30

Lot Details

  • 5.1 Acre Lot
  • Lot Dimensions are 652 x 380
  • Electric Fence
  • Finished Lot(s)
  • Subdivision Possible
  • Property is zoned A1

Parking

  • Driveway

Schools

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

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 12-10-16-200-001.000-001

Property Details

Property Type

Land

Est. Annual Taxes

$30

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: 001-18044-00 PT W NE 16-21-1W 5.10A 316-A-1-A-1
  • Parcel Number ID: 12-10-16-200-001.000-001
  • Platted: Yes
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 92
  • Parcel Description: Level, Pasture, 3-5.9999
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Side Of Road: West
  • Type Use: Agriculture, Residential
  • County Zoning: A1
  • Year Taxes Payable: 2022P2023
  • Special Features: None

Exterior Features

  • Fence: Electric
  • Road Frontage: City

Utilities

  • Water Utilities: Available
  • Electricity Type: Available
  • Sewer Type: Available

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: 652 x 380
  • Estimated Lot Sq Ft: 222287
  • Estimated Lot Size Acres: 5.103

Tax Info

  • Annual Taxes: 15.31

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2022
Closed on
Oct 12, 2022
Sold by
Animal Protection Coalition Inc
Bought by
Davey Aaron Jacob
Seller's Agent
Andrew Malott
Whitetail Properties Real Estate
Buyer's Agent
Amy Knoll
Trueblood Real Estate
List Price
$125,000
Sold Price
$92,000
Premium/Discount to List
-$33,000
-26.4%
Views
33
Current Estimated Value
$113,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,812
Avg. Annual Appreciation
7.53%
Source: Public Records

Range of Values:

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ICE

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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
Davey Aaron Jacob -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $92,000 -8.0% $319 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/14/2022 08/14/22 Price Changed $100,000 -13.0% $347 / Sq Ft
06/13/2022 06/13/22 Price Changed $115,000 -8.0% $399 / Sq Ft
04/30/2022 04/30/22 For Sale $125,000 -- $434 / 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 $30 $13,300 $13,300 $0
2023 $0 $11,100 $11,100 $0
2022 $15 $8,700 $8,700 $0
2021 $15 $7,500 $7,500 $0
2020 $15 $7,500 $7,500 $0
2019 $15 $9,100 $9,100 $0
2018 $15 $9,400 $9,400 $0
2017 $15 $10,800 $10,800 $0
2016 $15 $11,900 $11,900 $0
2014 -- $11,900 $11,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202215736

Indiana Regional MLS

APN: 12-10-16-200-001.000-001