×
  • Left arrow.Go Back

  • Share

  • Add Note

  • Email to Friend

  • Ask a Question

  • Print

  • Heart Icon.Save

(SOLD) $1,325,000

5290 W State Road 28 Frankfort, IN  46041

  • 5 Beds
  • 4 Baths
  • 5,610 sq. Ft

Property Description for 5290 W State Road 28 Frankfort, IN 46041

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!

Address:5290 W State Road 28 Frankfort IN 46041
Status:Sold
Sold On: 4/26/2024
Price:$1,350,000
Bedrooms:5 Beds
Bathrooms:4 Full Baths
Sq. Feet:5,610
Year Built:2006
Lot Size:21.83
County: Clinton
Township: Washington
MLS #:21968402
Property Type:Farm

Lot Dimensions:950958
Lot Features:See Remarks
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :2,391
Upper Level Sq. Ft. :828
Total Sq. Ft. :5,610
Basement:Yes

Loan Price
$7,927
Price And Interest $6,912/month
Property Tax $463/month
MTG INS $0/month
HOME INS $552/month
Price
$1,325,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$463/month
Home Owner Insurance
$6,624 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 14 x 17 Main
Dining Room 14 x 11 Main
Kitchen 18 x 23 Main
Breakfast Room 14 x 8 Main
Great Room 18 x 21 Main
Bedroom 2 14 X 11 Upper
Bedroom 3 13 X 11 Upper
Bedroom 4 10 X 10 Main
Bedroom 5 13 x 15 Basement
Exercise Room 13 X 14 Basement
Living Room 21 X 18 Basement
Bonus Room 10 x 10 Basement
Bonus Room 13 x 20 Basement

Semi-Annual Property Tax:$2,778
Tax Year:2023
Other Disclosures:Other
Mandatory HOA Fee:$

Area: 1206 - Clinton - Washington
Subdivision: No Subdivision
Zip Code:46041

Total Sq. Ft.:5,610
Interior Features:Attic Access, Center Island, Entrance Foyer, Pantry, Walk-in Closet(s), Wet Bar, Window Bay Bow
Interior Area(s):Bedroom Other on Main, Great Room - 2 Story, Utility Room
Eating Area(s):Breakfast Room, Formal Dining Room
Appliances:Electric Cooktop, Dishwasher
Equipment:Sump Pump
Exterior Features:Barn Pole, Barn Storage, Basketball Court, Out Building With Utilities
Exterior Type:Cement Siding
Fireplace(s):Great Room
Cool:Central Electric
Heat:Heat Pump
Water Heater:Electric Cooktop, Dishwasher
Total Rooms:25
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 Justin Steill with Berkshire Hathaway Home from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 03/14/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





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 383 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.