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  • $1,325,000

    5290 W State Road 28, Frankfort, IN 46041

    5beds
    5,610sqft
    Residential, Farm
    Built in 2006
    21.83 Acres Lot
    $1,309,000 Zestimate®
    $236/sqft
    $3,859 Estimated rent

    Home value

    $1,309,000

    $1.20M - $1.41M

    $3,859/mo

    Zestimate® history
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    What's special

    Additional living spaceRecreation roomExpansive groundsSpacious layoutPrimary suiteGreat roomLuxurious living
    Welcome to a dream farmstead nestled on 22 acres of open countryside! This magnificent property boasts a sprawling 5000 sq ft home with ample space for luxurious living and entertaining. With 5 bedrooms and 4 bathrooms, including a first floor primary suite, comfort and convenience are paramount. Upon entering, you'll be greeted by the grandeur of a two-story foyer and great room, featuring stunning architectural details and abundant natural light pouring in through expansive windows. The spacious layout flows seamlessly into the kitchen, complete with stainless steel appliances, plenty of cabinet space, and a center island perfect for extra seating and entertaining. The home's finished lower level offers additional living space, ideal for a recreation room, home gym, or media center-providing endless possibilities for relaxation and enjoyment. For those with a passion for agriculture or equestrian pursuits, this property includes a vast 250' x 80' pole barn and a 140' x 66' pole barn, offering ample storage for equipment, livestock, or workshop needs. But that's not all-this unique farm also features 9 acres of land zoned for commercial use, presenting an incredible opportunity for entrepreneurial endeavors, whether it be farming operations, retail space, or other commercial ventures. Outside, the expansive grounds offer a serene retreat from the hustle and bustle of city life, with plenty of space for outdoor recreation, gardening, or simply enjoying the large yard. Located in a rural setting yet conveniently close to amenities and major thoroughfares (3 miles east of I65), this property offers the perfect blend of privacy, luxury, and versatility. Don't miss your chance to own this exceptional farmstead and prepare to embark on a life of unparalleled countryside living!

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin Steill 317-538-5705,

    Berkshire Hathaway Home,

    Ky Irwin,

    Berkshire Hathaway Home

    Bought with:

    Non-BLC Member

    MIBOR REALTOR® Association

    Source: MIBOR as distributed by MLS GRID,MLS#: 21968402MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Features: Carpet
    • Level: Main
    • Area: 238 Square Feet
    • Dimensions: 14 x 17
    Bedroom 2
    • Features: Carpet
    • Level: Upper
    • Area: 154 Square Feet
    • Dimensions: 14 X 11
    Bedroom 3
    • Features: Carpet
    • Level: Upper
    • Area: 143 Square Feet
    • Dimensions: 13 X 11
    Bedroom 4
    • Features: Carpet
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10 X 10
    Bedroom 5
    • Features: Carpet
    • Level: Basement
    • Area: 195 Square Feet
    • Dimensions: 13 x 15
    Bonus room
    • Features: Carpet
    • Level: Basement
    • Area: 100 Square Feet
    • Dimensions: 10 x 10
    Bonus room
    • Features: Carpet
    • Level: Basement
    • Area: 260 Square Feet
    • Dimensions: 13 x 20
    Breakfast room
    • Features: Tile-Ceramic
    • Level: Main
    • Area: 112 Square Feet
    • Dimensions: 14 x 8
    Dining room
    • Features: Hardwood
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 14 x 11
    Exercise room
    • Features: Other
    • Level: Basement
    • Area: 182 Square Feet
    • Dimensions: 13 X 14
    Great room
    • Features: Carpet
    • Level: Main
    • Area: 378 Square Feet
    • Dimensions: 18 x 21
    Kitchen
    • Features: Tile-Ceramic
    • Level: Main
    • Area: 414 Square Feet
    • Dimensions: 18 x 23
    Living room
    • Features: Carpet
    • Level: Basement
    • Area: 378 Square Feet
    • Dimensions: 21 X 18
    Heating
    • Heat Pump
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Electric Cooktop, Dishwasher
    • Laundry: Main Level, In Basement
    Features
    • Attic Access, Kitchen Island, Entrance Foyer, Pantry, Walk-In Closet(s), Wet Bar
    • Windows: Window Bay Bow
    • Basement: Ceiling - 9+ feet,Egress Window(s),Finished,Full
    • Attic: Access Only
    • Number of fireplaces: 1
    • Fireplace features: Great Room
    Interior area
    • Total structure area: 5,610
    • Total interior livable area: 5,610 sqft
    • Finished area below ground: 2,391

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Detached
    • Attached garage spaces: 3
    • Details: Garage Parking Other(Finished Garage)
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Basketball Court
    • Has spa: Yes
    • Spa features: Above Ground
    • Fencing: Fenced,Invisible
    Lot
    • Size: 21.83 Acres
    • Features: See Remarks
    Details
    • Additional structures: Barn Pole, Barn Storage, Outbuilding
    • Parcel number: 120911400014000020
    • Special conditions: Other
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Residential, Farm
    Materials
    • Cement Siding
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 2006

    Utilities & green energy

    • Water: Private Well

    Community & HOA

    Community
    • Subdivision: No Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Frankfort

    Financial & listing details

    • Price per square foot: $236/sqft
    • Tax assessed value: $791,200
    • Annual tax amount: $5,556
    • Date on market: 3/15/2024
    • Cumulative days on market: 2 days

    Price history

    DateEventPrice
    4/26/2024Sold$1,325,000-1.9%$236/sqft
    Source: MIBOR as distributed by MLS GRID #21968402 Report a problem
    3/19/2024Pending sale$1,350,000$241/sqft
    Source: MIBOR as distributed by MLS GRID #21968402 Report a problem
    3/15/2024Listed for sale$1,350,000+45.2%$241/sqft
    Source: MIBOR as distributed by MLS GRID #21968402 Report a problem
    11/30/2018Listing removed$930,000$166/sqft
    Source: Cory Southern Realty #201822098 Report a problem
    6/28/2018Price change$930,000-4.6%$166/sqft
    Source: Cory Southern Realty #201822098 Report a problem
    5/25/2018Listed for sale$975,000$174/sqft
    Source: Cory Southern Realty #201822098 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,521 +4.9%$791,200 +18.3%
    2024$6,216 +11.9%$668,600 +28%
    2023$5,557 +6.8%$522,200 +1.1%
    2022$5,203 +0.3%$516,700 +13.7%
    2021$5,185 +4.6%$454,500 -0.7%
    2020$4,958 -0.7%$457,500 -2.9%
    2019$4,993 -2%$471,300 -1.6%
    2018$5,097 +4.6%$479,100 -8.3%
    2017$4,873 -1.8%$522,600 -2.3%
    2016$4,962 +4%$534,700 +2%
    2014$4,769 +53.9%$524,400 +36.5%
    2013$3,099 -4.5%$384,300 -4.6%
    2012$3,246 +7.2%$402,800 +5.1%
    2011$3,029 +13.7%$383,300 +7.8%
    2010$2,665 +8.7%$355,700 +2.4%
    2009$2,451 $347,200
    Find assessor info on the county website

    Neighborhood: 46041

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Clinton Prairie Elementary School
    • High: Clinton Prairie Jr-Sr 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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