Check Availability

500 East Washington Street

500 East Washington Street, Frankfort, IN 46041
House in Center
Sold Jun 04, 2020
$367,100
$375,000 by United Wholesale Mortgage
Mortgage Due Jun 01, 2050
Sold Feb 02, 2009
Transfer
500 East Washington Street in Frankfort, IN was first built in 1978 and is 46 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 500 East Washington Street has 4,975 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,615 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 730 ft and the linear feet between the front and back of the lot is 960. In total, the area measurement of the land is 7,008 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A+. The condition of the building has been evaluated as good. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 500 East Washington Street sold most recently in Jun 1, 2020 for a total of $367,100. If you work out the math, that's approximately a cost of $73.79 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,425 in taxes each year. 500 East Washington Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $555,800. If we break it down further, the land itself was valued at $13,900. Improvements to the property, however, were assessed at a total of $541,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stone Exterior
Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: Good
  • Building Quality: A+
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,615
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,008
  • Lot Size Depth Feet: 960
  • Lot Size Frontage Feet: 730
  • Total Building Area: 4,975
  • Building Area: 4,975
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,975
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: AUGHES ADDITION
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 016-02079-00 AUGHE'S ADD W PT LOT 11 & NW PT LOT 12

Ownership

  • Current Owner : ESSICK RICHARD L
  • Current Owner 2: ESSICK ERICA M
  • Previous Owner : REID JOHN W
  • Owner Before Previous Owner: THE FEDERAL HOME LOAN MORTGAGE CORP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Frankfort Community Schools
  • Census Tract: 950600

Geography

  • Assessors Map Reference: MP 016-38-019
  • Account Number: 01638022,024
  • District: 0001
  • Parcel: 12-10-10-280-004.000-021
  • Lot: 11,12
  • Municipality: CENTER TOWNSHIP
  • Latitude: 40.2818
  • Longitude: -86.5069

    Address

  • Full Address: 500 E Washington St
  • Address - House Number: 500
  • Street Direction: E
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: IN
  • City Name: Frankfort
  • Carrier Code: C009
  • 4-Digit Zip Code: 2055
  • Zip Code: 46041

Valuation

    Tax

  • Total Area: 6,590
  • Tax Year: 2022
  • Tax Amount: $5,425
  • Tax Rate Code Area: 21:FRANKFO

    Appraisal Valuation

  • Standard Deviation: 0.2232
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 369,399
  • High Value: 451,874
  • Low Value: 286,925

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $458,093
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 04, 2020
  • First Open Lien Mortgage Loan Amount: $375,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050
  • Second Open Lien Mortgage Lender: UNITED FIDELITY FUNDING CORP
  • Second Open Lien Mortgage Recording Date: Mar 11, 2021
  • Second Open Lien Mortgage Loan Amount: $83,093
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: VA
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $555,800
  • Market Land Value: $13,900
  • Market Improvement Value: $541,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $555,800
  • Assessed Land Value: $13,900
  • Assessed Improvements Value: $541,900

    Sales

  • Current Sale Contract Date: Jun 01, 2020
  • Current Sale Recording Date: Jun 04, 2020
  • Current Sale Transaction ID: 11775339619
  • Current Sale Price: $367,100
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-2064
  • Previous Sale Recording Date: Feb 02, 2009
  • Previous Sale Contract Date: Jan 30, 2009
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jun 04, 2020
  • First Mortgage Loan Amount: $375,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2050

About Frankfort



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 500 East Washington Street located in?
The 500 East Washington Street is a house located in the neighborhood of Center in Frankfort, Frankfort.
What is the average sales price for listings in 500 East Washington Street?
The average sales price for units in 500 East Washington Street is $0 currently.

Quantcast