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721 Indiana Court

721 Indiana Court, Frankfort, IL 60423
Property in Frankfort
Sold Jul 22, 2021
$342,000
$142,000 by Devon Bank
Mortgage Due Aug 01, 2051
Sold Apr 25, 2003
$177,500
$117,500 by Wells Fargo Home Mortgage Inc
Mortgage Due May 01, 2018
721 Indiana Court has been categorized by the local assessors in Frankfort, IL as a residential type of property. The building on the property was first built in 1968 and is 56 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 721 Indiana Court has 2,736 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 13,129 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a tri-level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 721 Indiana Court sold most recently in Jul 6, 2021 for a total of $342,000. If you work out the math, that's approximately a cost of $125.00 per sqft. Before that, the property was also sold for $177,500 in Apr 16, 2003. 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 $9,310 in taxes each year. 721 Indiana Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $115,705. If we break it down further, the land itself was valued at $18,095. Improvements to the property, however, were assessed at a total of $97,610. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Tri-level
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 576
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,129
  • Total Building Area: 2,736
  • Building Area: 2,736
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 2,736
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE OF BEECHER
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 BLOCK 7 IN ARTHUR T MCINTOSH CO'S LINCOLN MEADOWS UNIT 2, BEING A SUB OF PRT OF THE N1/2 OF THE NW1/4 OF SEC. 21, T35N

Ownership

  • Current Owner : BURNS DAWN
  • Previous Owner : UNGER CHARLOTTE
  • Previous Owner 2: UNGER LAWRENCE
  • Owner Before Previous Owner: NALLEY MICHAEL D
  • Owner Before Previous Owner 2: NALLEY MICHAEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Frankfort Community Consolidated School District 157C
  • Census Tract: 883515

Geography

  • Parcel: 19-09-21-102-004
  • Block: 7
  • Lot: 4
  • Meridian: SEC 21 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.5109
  • Longitude: -87.8686

    Address

  • Full Address: 721 Indiana Ct
  • Legal Unit: 2
  • Address - House Number: 721
  • Address - Street Name: Indiana
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Frankfort
  • Carrier Code: C003
  • 4-Digit Zip Code: 1024
  • Zip Code: 60423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,310
  • Tax Rate Code Area: 1906

    Appraisal Valuation

  • Standard Deviation: 0.1603
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 445,447
  • High Value: 516,854
  • Low Value: 374,040

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $142,000
  • First Open Lien Mortgage Lender: DEVON BANK
  • First Open Lien Mortgage Recording Date: Jul 22, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $142,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $347,115
  • Market Land Value: $54,285
  • Market Improvement Value: $292,830

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $115,705
  • Assessed Land Value: $18,095
  • Assessed Improvements Value: $97,610

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 06, 2021
  • Current Sale Recording Date: Jul 22, 2021
  • Current Sale Transaction ID: 11843900806
  • Current Sale Price: $342,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: R2021079971
  • Previous Sale Recording Date: Apr 25, 2003
  • Previous Sale Contract Date: Apr 16, 2003
  • Previous Sale Amount: $177,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DEVON BANK
  • First Mortgage Transaction Date: Jul 22, 2021
  • First Mortgage Loan Amount: $142,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: Apr 25, 2003
  • Previous Mortgage Loan Amount: $117,500
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2018

About Frankfort



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Frequently Asked Questions

What neighborhood is 721 Indiana Court located in?
The 721 Indiana Court is a located in the neighborhood of Frankfort in Frankfort, Frankfort.
What is the average sales price for listings in 721 Indiana Court?
The average sales price for units in 721 Indiana Court is $0 currently.

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