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Sold
  • $155,000

    1306 Magnolia Ave, Frankfort, IN 46041

    3beds
    1,558sqft
    Residential, Single Family Residence
    Built in 1876
    5,227.2 Square Feet Lot
    $156,000 Zestimate®
    $99/sqft
    $1,503 Estimated rent

    Home value

    $156,000

    $126,000 - $184,000

    $1,503/mo

    Zestimate® history
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    $975/mo

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    What's special

    Welcome to this unique property that's brimming with possibilities! Two city lots are included. The 1st lot has a home offering a fantastic opportunity for investors, DIY enthusiasts, or first-time homebuyers looking for a project to make their own. This older gem is in need of renovation, but its solid foundation and generous lot size provide a perfect canvas for your vision. With its vintage character, lots of built ins, and unlimited potential, this property is a dream come true for those looking to create their ideal living space. The home features ample room to reimagine its floor plan to suit your needs. Imagine transforming the existing spaces into a cozy retreat or a stylish contemporary residence. Being situated on two city lots there is plenty of outdoor space, ideal for creating a beautiful garden, expanding the home, or even adding additional structures. There's already a huge double car detached garage for all your storage needs. Keep the 2nd lot or sell it to someone else looking to build their own home. This property is perfect for anyone ready to roll up their sleeves and invest in a rewarding project. Location is perfect for those needing to commute to Eli Lilly.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Karen Kummer 317-853-9144,

    Carpenter, REALTORS®

    Bought with:

    Non-BLC Member

    MIBOR REALTOR® Association

    Source: MIBOR as distributed by MLS GRID,MLS#: 21994945MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Primary bedroom
    • Features: Carpet
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13x10
    Bedroom 2
    • Features: Carpet
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Bedroom 3
    • Features: Carpet
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Bonus room
    • Features: Carpet
    • Level: Main
    • Area: 312 Square Feet
    • Dimensions: 26x12
    Kitchen
    • Features: Vinyl
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Library
    • Features: Carpet
    • Level: Main
    • Area: 165 Square Feet
    • Dimensions: 11x15
    Living room
    • Features: Carpet
    • Level: Main
    • Area: 264 Square Feet
    • Dimensions: 22x12
    Utility room
    • Features: Other
    • Level: Main
    • Area: 200 Square Feet
    • Dimensions: 20x10
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • None
    Appliances
    • Included: None
    • Laundry: Connections All, Main Level
    Features
    • Attic Access, Bookcases, Entrance Foyer, Eat-in Kitchen, Pantry, Walk-In Closet(s)
    • Windows: Screens, Window Bay Bow
    • Has basement: No
    • Attic: Access Only
    Interior area
    • Total structure area: 1,558
    • Total interior livable area: 1,558 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Detached, Garage Door Opener
    • Attached garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 5,227 sqft
    • Features: City Lot, Corner Lot, Sidewalks, Mature Trees
    Details
    • Additional parcels included: 121004433016.000021
    • Parcel number: 121004433017000021
    • Special conditions: As Is
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Cedar
    • Foundation: Crawl Space
    Condition
    • New construction: No
    • Year built: 1876

    Utilities & green energy

    • Water: Municipal/City
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Frankfort
    • Subdivision: Woodside

    Price history

    DateEventPrice
    9/17/2024Sold$155,000+40.9%$99/sqft
    Source: MIBOR as distributed by MLS GRID #21994945 Report a problem
    8/11/2024Pending sale$110,000$71/sqft
    Source: MIBOR as distributed by MLS GRID #21994945 Report a problem
    8/8/2024Listed for sale$110,000+51.7%$71/sqft
    Source: MIBOR as distributed by MLS GRID #21994945 Report a problem
    7/30/2017Listing removed$72,500$47/sqft
    Source: Dave Rodkey, REALTORS #201729091 Report a problem
    6/26/2017Listed for sale$72,500+16%$47/sqft
    Source: Dave Rodkey, REALTORS #201729091 Report a problem
    11/12/2015Listing removed$62,500$40/sqft
    Source: Dave Rodkey REALTOR #201539131 Report a problem
    8/15/2015Listed for sale$62,500$40/sqft
    Source: Dave Rodkey REALTOR #201539131 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,068 -55.7%$128,600 +29.2%
    2024$2,408 +0.6%$99,500
    2023$2,393 +56.7%$99,500
    2022$1,527 -1.1%$99,500 +59.7%
    2021$1,544 -0.1%$62,300
    2020$1,546 +0.7%$62,300
    2019$1,535 -2.7%$62,300
    2018$1,578 -2.7%$62,300 -1.9%
    2017$1,622 +8.8%$63,500 +6%
    2016$1,490 +9.8%$59,900 -5.4%
    2014$1,357 $63,300
    2013$1,357 +1.2%$63,300 +1.4%
    2012$1,341 -1.3%$62,400 -1.6%
    2011$1,359 -1.9%$63,400 -2%
    2010$1,385 -5.7%$64,700 -6.1%
    2009$1,469 $68,900 -6.3%
    2006-- $73,500 +10.7%
    2005-- $66,400

    Find assessor info on the county website

    Neighborhood: 46041

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Suncrest Elementary School
    • Middle: Frankfort Middle School
    • High: Frankfort High School

    Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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