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  • $470,000

    4787 W State Road 38, Frankfort, IN 46041

    4beds
    2,208sqft
    Single Family Residence
    Built in 1900
    2.26 Acres Lot
    $473,700 Zestimate®
    $--/sqft
    $2,231 Estimated rent

    Home value

    $473,700

    Estimated sales range

    Not available

    $2,231/mo

    Zestimate® history
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    What's special

    Private guest suiteDetached in-law apartmentQuartz countertopUpdated farmhousePremium appliances
    PRICED UNDER APPRAISED VALUE! Escape to your private 2.25 acres. This updated farmhouse blends classic charm with modern luxury, featuring premium appliances, quartz counter top and laminate flooring throughout the house. The main house offers 4 bedrooms and 3 bathrooms. The property features a 44x36 barn, offering endless possibilities for storage, hobbies, or a workshop. Adding exceptional value is a detached in-law apartment, perfect for multi-generational living, or a private guest suite. A rare find combining pastoral serenity with sophisticated living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Queila Fernandes Agt:407-837-7363,

    Trueblood Real Estate

    Bought with:

    Rebecca Rush, RB17001695

    BerkshireHathaway HS IN Realty

    Source: IRMLS,MLS#: 202602133MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bedrooms: 1
    Bedroom 1
    • Level: Upper
    Bedroom 2
    • Level: Upper
    Dining room
    • Level: Main
    • Area: 143
    • Dimensions: 11 x 13
    Kitchen
    • Level: Main
    • Area: 253
    • Dimensions: 23 x 11
    Living room
    • Level: Main
    • Area: 378
    • Dimensions: 27 x 14
    Heating
    • Propane
    Cooling
    • Central Air
    Features
    • Flooring: Laminate
    • Basement: Partial
    • Number of fireplaces: 3
    • Fireplace features: Living Room, 1st Bdrm, 4th Bdrm, Electric, Wood Burning Stove
    Interior area
    • Total structure area: 2,708
    • Total interior livable area: 2,208 sqft
    • Finished area above ground: 2,208
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached
    • Attached garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 2.26 Acres
    • Dimensions: 310x320
    • Features: 0-2.9999
    Details
    • Parcel number: 120524100002.000020

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Frankfort

    Financial & listing details

    • Tax assessed value: $278,800
    • Annual tax amount: $2,375
    • Date on market: 1/21/2026

    Price history

    DateEventPrice
    4/29/2026Sold$470,000-2.1%
    Source: IRMLS #202602133 Report a problem
    3/31/2026Pending sale$480,000
    Source: IRMLS #202602133 Report a problem
    1/21/2026Listed for sale$480,000+478.3%
    Source: IRMLS #202602133 Report a problem
    3/15/2019Sold$83,000-26.5%$38/sqft
    Source: Agent Provided Report a problem
    1/31/2019Price change$113,000-5%$51/sqft
    Source: Keller Williams Realty Signature Partners #201852881 Report a problem
    1/24/2019Price change$119,000-8.4%$54/sqft
    Source: Keller Williams Realty Signature Partners #201852881 Report a problem
    1/14/2019Price change$129,900-3.8%$59/sqft
    Source: Keller Williams Realty Signature Partners #201852881 Report a problem
    1/8/2019Price change$135,000-8.8%$61/sqft
    Source: Keller Williams Realty Signature Partners #201852881 Report a problem
    12/31/2018Price change$148,000-4.2%$67/sqft
    Source: Keller Williams Realty Signature Partners #201852881 Report a problem
    12/21/2018Price change$154,500-3.4%$70/sqft
    Source: Keller Williams Realty Signature Partners #201852881 Report a problem
    12/5/2018Listed for sale$160,000+310.3%$72/sqft
    Source: Keller Williams Lafayette #201852881 Report a problem
    11/29/2018Sold$39,000-56.6%$18/sqft
    Source: Public Record Report a problem
    8/31/2018Listing removed--
    Source: Hudson & Marshall Report a problem
    8/25/2018Listed for sale--
    Source: Hudson & Marshall Report a problem
    1/22/2002Sold$89,900$41/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,375 +54.8%$278,800 +26.8%
    2024$1,534 +91.4%$219,800 +65%
    2023$801 +4.3%$133,200
    2022$768 +0.6%$133,200 +7.6%
    2021$764 -54%$123,800
    2020$1,661 +47.4%$123,800
    2019$1,127 +7.5%$123,800
    2018$1,048 -40.2%$123,800 -5.3%
    2017$1,752 +152.2%$130,700 +1.2%
    2016$695 +12.8%$129,200 +1.4%
    2014$616 +6.8%$127,400 +5.4%
    2013$577 -0.5%$120,900 -3%
    2012$580 -8.6%$124,700 -2.9%
    2011$634 +8.1%$128,400 +3.1%
    2010$587 +13.2%$124,500 +1.7%
    2009$518 $122,400 +6.5%
    2006-- $114,900 +28.5%
    2005-- $89,400
    Find assessor info on the county website

    Neighborhood: 46041

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Clinton Prairie
    • Middle: Clinton Prairie
    • High: Clinton Prairie
    • District: Clinton Prairie School Corp.

    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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