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Off market
  • $127,600

    406 W Morrison St, Frankfort, IN 46041

    4beds
    2,060sqft
    MultiFamily
    Built in 1890
    -- sqft lot
    $127,600 Zestimate®
    $62/sqft
    $1,199 Estimated rent

    Home value

    $127,600

    $89,000 - $172,000

    $1,199/mo

    Zestimate® history
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    Owner options

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    Rent Zestimate®

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    $791/mo

    Est. payment

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    $791/mo

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    What's special

    Triplex. Renters mow the yard. Roof on back apartment is less than a year old. Roof on main house is in good condition. There is a space in back where 2 cars can park plus a detached 11x18 garage. Make an offer. *** Under Return on Investment---the owner pays the utilities ---He combined the Gas, Electric, Water, Sewer and Trash for all 3 apartments for the year which equals $5,200.00.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 4
    Heating
    • Forced air, Electric, Gas
    Cooling
    • None
    Features
    • Flooring: Hardwood, Linoleum / Vinyl
    • Basement: None
    Interior area
    • Total interior livable area: 2,060 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Detached
    Features
    • Exterior features: Shingle (Not Wood), Vinyl
    Lot
    • Size: 7,840 sqft
    • Topography: Level
    Details
    • Additional structures: Outbuilding
    • Parcel number: 121010136012000021

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: One and Half Story
    Materials
    • Frame
    • Foundation: Crawl/Raised
    • Roof: Asphalt
    Condition
    • Year built: 1890

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Frankfort

    Other

    Other facts
    • Flooring: Wood, Vinyl
    • Sewer: Public Sewer
    • WaterSource: Public
    • Heating: Forced Air, Electric, Natural Gas
    • Topography: Level
    • HeatingYN: true
    • NumberOfUnitsTotal: 3
    • ConstructionMaterials: Vinyl Siding, Shingle Siding
    • LeaseTerm: Month To Month, Weekly
    • MainLevelBathrooms: 4
    • NumberOfUnitsLeased: 3
    • FarmLandAreaUnits: Square Feet
    • OwnerPays: Taxes, Maintenance
    • TrashExpense: 0
    • MaintenanceExpense: 500
    • TenantPays: Electricity, Sewer, Water, Trash Collection, Grounds Care, Heating, Fuel
    • OtherStructures: Outbuilding
    • Appliances: Electric Water Heater
    • BelowGradeFinishedArea: 0
    • ElectricExpense: 0
    • FuelExpense: 0
    • Gas: Gas
    • ArchitecturalStyle: One and Half Story
    • GrossIncome: 1308
    • InsuranceExpense: 1388
    • MlsStatus: Active

    Price history

    DateEventPrice
    6/27/2021Pending sale$54,900-11.5%
    Source: IRMLS #202122304 Report a problem
    2/14/2020Listing removed$61,999$30/sqft
    Source: Snellenbarger Realty #201909483 Report a problem
    3/19/2019Listed for sale$61,999$30/sqft
    Source: Snellenbarger Realty #201909483 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$725 -5.5%$54,500 +21.1%
    2024$767 +2.5%$45,000
    2023$748 -12.3%$45,000
    2022$854 -15%$45,000 +4.7%
    2021$1,004 -0.2%$43,000
    2020$1,006 -0.2%$43,000
    2019$1,007 +0.7%$43,000 +0.2%
    2018$1,000 -1.1%$42,900 +1.9%
    2017$1,012 +3.6%$42,100
    2016$976 +17%$42,100 +1%
    2014$834 $41,700
    2013$834 +2%$41,700 +2%
    2012$818 -33.1%$40,900 -32.8%
    2011$1,222 $60,900
    2010$1,222 -4.1%$60,900 -4.1%
    2009$1,274 $63,500 -8.8%
    2006-- $69,600 +24.1%
    2005-- $56,100

    Find assessor info on the county website

    Neighborhood: 46041

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Suncrest
    • Middle: Frankfort
    • High: Frankfort
    • District: Community Schools of Frankfort

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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