3 Unit apartment building for sale. The apartment in the back has 2 bedrooms (one up and one down) with 2 full baths, fenced back yard and small deck. 16X12 Kitchen, 16X13 Living room, eat-n kitchen, 18X12 bedroom up with bath and 10X13 bedroom down with bath. The other 2 apartments need work. The other lower level apartment is an efficiency. 16X22 Kitchen & Living area, 12X11 bedroom, stackable W&D hookups, and has a full bath. The 3rd apartment is upstairs and has a 15X18 living room and kitchen, 2 bedrooms that are 10X12 each, W&D hook ups, and a rough-in full bath. Apartments are all electric with baseboard heat on 3 separate meters. Owner pays all water/sewage. The decks & stairways need repair and roof needs replaced. Apartment in back is currently occupied by owner. Only rented to family so no financial records available. Sell As-Is only.
Closed
$130,000
551 E Green St, Frankfort, IN 46041
5beds
2,528sqft
Multi Family
Built in 1915
-- sqft lot
$226,500 Zestimate®
$--/sqft
$1,273 Estimated rent
Home value
$226,500
$197,000 - $256,000
$1,273/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Julie K Knight Agt:765-412-0067,
BerkshireHathaway HS IN Realty
Bought with:
Karen S Butcher, RB14048165
BerkshireHathaway HS IN Realty
Source: IRMLS,MLS#: 202431499
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Baseboard
Cooling
- Wall Unit(s), Ceiling Fan(s)
Appliances
- Included: Electric Water Heater
- Laundry: Washer Hookup
Features
- Ceiling Fan(s), Laminate Counters, Eat-in Kitchen, Open Floorplan, Rough-In Bath
- Flooring: Carpet, Ceramic Tile, Part Carpet, Wood, Vinyl
- Basement: None,Block
Interior area
- Total structure area: 2,528
- Total interior livable area: 2,528 sqft
- Finished area above ground: 2,528
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Parking features: Off Street, On Street, Off Street Parking, Gravel
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Porch
- Fencing: Full,Privacy,Wood,Fenced
Lot
- Size: 5,445 Square Feet
- Dimensions: 41X132
- Features: Level, City/Town/Suburb
Details
- Additional structures: Shed(s)
- Parcel number: 121003483005.000021
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Electric: Frankfort Munic. Util.
- Gas: None
- Sewer: City
- Water: City
Community & HOA
Community
- Features: None
- Subdivision: None
Location
- Region: Frankfort
Financial & listing details
- Tax assessed value: $85,500
- Annual tax amount: $2,080
- Date on market: 8/19/2024
- Listing terms: Cash,Conventional
- Inclusions: Building, Land
- Lease term: None
- Total actual rent: 0
- Tenant pays: Electricity, Heating, Trash Collection
Price history
| Date | Event | Price |
|---|---|---|
| 9/6/2024 | Sold | $130,000+0.1% |
Source:  IRMLS #202431499 Report a problem | ||
| 8/21/2024 | Pending sale | $129,900 |
Source: IRMLS #202431499 Report a problem | ||
| 8/19/2024 | Listed for sale | $129,900 |
Source: IRMLS #202431499 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,904 +12% | $92,400 +8.1% |
| 2024 | $1,700 +21.9% | $85,500 +15.5% |
| 2023 | $1,395 +22.4% | $74,000 +21.3% |
| 2022 | $1,140 -6% | $61,000 +24.7% |
| 2021 | $1,213 -0.2% | $48,900 -4.9% |
| 2020 | $1,214 -36% | $51,400 |
| 2019 | $1,897 +51.7% | $51,400 |
| 2018 | $1,251 +2.9% | $51,400 -2.7% |
| 2017 | $1,215 +3.4% | $52,800 +4.1% |
| 2016 | $1,175 +16.6% | $50,700 +0.6% |
| 2014 | $1,008 | $50,400 |
| 2013 | $1,008 +2.2% | $50,400 +2.2% |
| 2012 | $986 -16.2% | $49,300 -16.2% |
| 2011 | $1,176 -24.9% | $58,800 -24.9% |
| 2010 | $1,566 | $78,300 |
| 2009 | $1,566 | $78,300 -9.4% |
| 2006 | -- | $86,400 +10.9% |
| 2005 | -- | $77,900 |
Find assessor info on the county website
Neighborhood: 46041
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Nearby schools
GreatSchools rating
- 3/10Suncrest Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 7/10Frankfort Middle SchoolGrades: 6-8Distance: 1.3 mi
- 3/10Frankfort Senior High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Blue Ridge / Green Meadows
- 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
- 551 E Green St
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