Seize this remarkable investment opportunity with a 4-bedroom, 1-bathroom home, spanning 1,868 square feet on a .14-acre lot. The home features a furnace that is just 4 years old and a water heater replaced 2 years ago, ensuring some of the critical systems are up to date. It is being sold in "As Is" condition, and the seller does not have detailed condition information available. Buyers will need to conduct their own due diligence to assess the full potential and requirements of the property. This opportunity is ideally suited for investors who are prepared to handle renovations and improvements to unlock the home’s full value. Given the competitive pricing, this property offers significant potential for a profitable investment through either flipping or renting in a market hungry for accommodations. This is an exceptional chance to acquire a property with substantial upside potential.
Closed
$55,000
460 W Palmer St, Frankfort, IN 46041
4beds
1,868sqft
Single Family Residence
Built in 1915
6,534 Square Feet Lot
$160,100 Zestimate®
$--/sqft
$1,622 Estimated rent
Home value
$160,100
$122,000 - $197,000
$1,622/mo
Zestimate® history
Owner options
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$261/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Derek Morgan Office:866-534-3726,
Unreal Estate LLC
Bought with:
Danielle Hedden, RB20001352
C&C Home Realty
Source: IRMLS,MLS#: 202428266
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Bedroom 1
- Level: Upper
Bedroom 2
- Level: Upper
Dining room
- Level: Main
- Area: 192
- Dimensions: 12 x 16
Kitchen
- Level: Main
- Area: 160
- Dimensions: 10 x 16
Living room
- Level: Main
- Area: 320
- Dimensions: 16 x 20
Heating
- Natural Gas
Cooling
- None
Appliances
- Included: Refrigerator, Washer, Dryer-Electric, Gas Oven, Gas Range
Features
- Basement: Other
- Has fireplace: No
Interior area
- Total structure area: 1,868
- Total interior livable area: 1,868 sqft
- Finished area above ground: 1,868
- Finished area below ground: 0
Property
Features
- Levels: One and One Half
- Stories: 1.5
Lot
- Size: 6,534 Square Feet
- Dimensions: 40X159
- Features: Other
Details
- Parcel number: 121003378006.000021
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Frankfort
Financial & listing details
- Tax assessed value: $68,800
- Annual tax amount: $1,584
- Date on market: 7/29/2024
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2024 | Sold | $55,000-8.2% |
Source:  IRMLS #202428266 Report a problem | ||
| 7/31/2024 | Pending sale | $59,900 |
Source: IRMLS #202428266 Report a problem | ||
| 7/29/2024 | Listed for sale | $59,900 |
Source: IRMLS #202428266 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,532 -2.4% | $88,100 +28.1% |
| 2024 | $1,570 +0.7% | $68,800 |
| 2023 | $1,559 +63.6% | $68,800 |
| 2022 | $953 -1.2% | $68,800 +66.6% |
| 2021 | $965 -0.2% | $41,300 |
| 2020 | $966 -0.4% | $41,300 |
| 2019 | $970 -26.5% | $41,300 |
| 2018 | $1,321 -1.1% | $41,300 -26% |
| 2017 | $1,336 +3.3% | $55,800 |
| 2016 | $1,294 +17.4% | $55,800 +1.3% |
| 2014 | $1,102 | $55,100 |
| 2013 | $1,102 +2% | $55,100 +2% |
| 2012 | $1,080 -4.3% | $54,000 -4.3% |
| 2011 | $1,128 +233.7% | $56,400 +15.3% |
| 2010 | $338 +26.5% | $48,900 -4.3% |
| 2009 | $267 | $51,100 -8.9% |
| 2006 | -- | $56,100 +24.4% |
| 2005 | -- | $45,100 |
Find assessor info on the county website
Neighborhood: 46041
Nearby homes
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- $153,4003 bd2 ba1.1k sqft459 W Palmer St, Frankfort, IN 46041Sold
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- $128,8003 bd1 ba1k sqft457 W Palmer St, Frankfort, IN 46041Off Market
Nearby schools
GreatSchools rating
- 3/10Suncrest Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 7/10Frankfort Middle SchoolGrades: 6-8Distance: 1.9 mi
- 3/10Frankfort Senior High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Suncrest
- Middle: Frankfort
- High: Frankfort
- District: Community Schools of Frankfort
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Indiana
- Clinton County
- Frankfort
- 46041
- 460 W Palmer St
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