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(SOLD) $55,000

460 W Palmer Street Frankfort, IN  46041-1367

  • 4 Beds
  • 1 Baths
  • 1,868 sq. Ft

Property Description for 460 W Palmer Street Frankfort, IN 46041-1367

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.

Address:460 W Palmer Street Frankfort IN 46041-1367
Status:Sold
Sold On: 8/13/2024
Price:$59,900
Bedrooms:4 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,868
Year Built:1915
Lot Size:0.15
County: Clinton County
Township: Center
MLS #:202428266
Property Type:Site-Built Home

Lot Dimensions:40X159
Lot Description:Other
Directions:Head north on N Jackson St 138 ft Turn left 0.2 mi Turn right 344 ft Turn left toward W Palmer St 354 ft Turn right toward W Palmer St 164 ft Turn left onto W Palmer St Destination will be on the right
Total Sq. Ft. :1,868
Basement:No

Loan Price
$442
Price And Interest $287/month
Property Tax $132/month
MTG INS $0/month
HOME INS $23/month
Price
$55,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$132/month
Home Owner Insurance
$276 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 16 x 24 Upper
2nd Bedroom 14 x 20 Upper
3rd Bedroom 14 x 14 Upper
4th Bedroom 12 x 14 Main
Kitchen 10 x 16 Main
Dining Room 12 x 16 Main
Living Room 16 x 20 Main

Semi-Annual Property Tax:$792
Tax Year:2024
Mandatory HOA Fee:$

Subdivision: None
Zip Code:46041-1367

High School:Frankfort
Middle School:Frankfort
Elementary School:Suncrest

Total Sq. Ft.:1,868
Appliances:Refrigerator, Washer, Dryer-Electric, Oven-Gas, Range-Gas
Exterior Features:Wood
Fuel:Gas
Cool:None
Heat:Gas
Total Rooms:7
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Derek Morgan with Unreal Estate LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Frankfort Market Report

165
Avg. DOM
$129.15
Avg. $ / Sq.Ft.
$ 257,500
Med. List Price

The house prices in Frankfort are indeed dropping at the moment. There has been a decrease in price of $19,217.35. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Frankfort are going Down. The average house price is $228,279.00 and the average price per square feet is $129.77 per square feet. At the moment, the amount of homes listed is exactly 302 houses, with 48 with active status, 25 with pending status and 229 sold in Frankfort .

The most popular place to buy a home in Frankfort is 1210 - Clinton - Center. 1210 - Clinton - Center is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Frankfort .

The average amount of property taxes you would have to pay for a home in Frankfort is $1,430.99. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Frankfort are staying listed for an average of 60 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Frankfort was 3058 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Frankfort is $640,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Frankfort is $59,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Frankfort in year 1880 and the newest built house is in year 2024.

The average size of properties in Frankfort is 1953.23 sq.ft. , the biggest one being 4998 sq.ft. and the smaller being 832 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.