551 E Morrison St
Frankfort, IN 46041
- 2 Beds
- 1 Bath
- 708 sqft
2 Beds
1 Bath
708 sqft
Local Information
-- mins to
Description
Welcome to this charming home! Two bedroom, one bath home offers a large yard and tasteful updates to make moving easy. This home is being sold "as is" but inspections are welcomed.
551 E Morrison St, Frankfort, IN 46041 is a 2 bedroom, 1 bathroom, 708 sqft single-family home built in 1896. It last sold for the $100,000 asking price on Sep 18, 2023. It is currently off market. The Trulia Estimate is $123,000, with a rent estimate of $1,081/month.
Home Highlights
Parking
Open Parking
Outdoor
Porch, Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 551 E Morrison St
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MLS Status: Closed |
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Interior Details Basement: Crawl Space,NoneNumber of Rooms: 4Types of Rooms: Bedroom 1, Bedroom 2, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 708 Square Feet |
Appliances & Utilities Appliances: Refrigerator, Exhaust Fan, Gas Oven, Gas Water HeaterLaundry: Electric Dryer HookupRefrigerator |
Heating & Cooling Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Fireplace: NoneNo Fireplace |
Gas & Electric Electric: Frankfort Munic. Util.Gas: CenterPoint Energy |
Windows, Doors, Floors & Walls Flooring: Carpet, Laminate |
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Carpet, Laminate |
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Exterior Home Features Roof: ShinglePatio / Porch: Patio, PorchOther Structures: Shed |
Parking & Garage No GarageHas Open ParkingParking: Gravel |
Frontage Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: City |
Finished Area Finished Area (above surface): 708 Square Feet |
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Year Built Year Built: 1896 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Vinyl SidingNot a New ConstructionDoes Not Include Home Warranty |
Property Information Parcel Number: 121010240003.000021 |
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Price List Price: $100,000 |
Status Change & Dates Off Market Date: Tue Sep 05 2023 |
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Direction & Address City: FrankfortCommunity: None |
School Information Elementary School: SuncrestElementary School District: Community Schools of FrankfortJr High / Middle School: FrankfortJr High / Middle School District: Community Schools of FrankfortHigh School: FrankfortHigh School District: Community Schools of Frankfort |
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Building Area Building Area: 1416 Square Feet |
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Community Features: None |
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Lot Area: 4756.752 sqft |
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Listing Terms: Cash, Conventional |
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Mls Number: 202327044Attribution Contact: Agt: 765-670-9065Above Grade Unfinished Area: 708 |
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None |
Last check for updates: about 2 hours ago
Listed by Jazah J Jones, (765) 670-9065
BerkshireHathaway HS IN Realty
Bought with: Frank G Martinez, (765) 242-4858, Omega Realty
Source: IRMLS, MLS#202327044

Price History for 551 E Morrison St
| Date | Price | Event | Source |
|---|---|---|---|
| 09/18/2023 | $100,000 | Sold | IRMLS #202327044 |
| 09/05/2023 | $100,000 | Pending | IRMLS #202327044 |
| 09/01/2023 | $100,000 | PriceChange | IRMLS #202327044 |
| 08/30/2023 | $115,000 | PriceChange | IRMLS #202327044 |
| 08/22/2023 | $132,000 | PriceChange | IRMLS #202327044 |
| 08/09/2023 | $139,000 | PriceChange | IRMLS #202327044 |
| 08/01/2023 | $145,000 | Listed For Sale | IRMLS #202327044 |
| 06/17/2011 | $39,900 | Sold | MIBOR as distributed by MLS GRID #21019047 |
| 02/12/2011 | $45,900 | Listed For Sale | Agent Provided |
| 01/12/2010 | $15,000 | Sold | N/A |
Market trends in Frankfort
Last updated June 2026
Avg. sale price
$233K
$8.86KMoM
Sale-to-List Price
98.1%
0.4%MoM
Price per sq ft
$136
$1MoM
Available listings
70
Property Tax and Assessment
| Year | 2025 |
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| Tax | $542 |
| Assessment | $57,500 |
Home facts updated by county records
Comparable Sales for 551 E Morrison St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.19 | Single-Family Home | $140,000 | 07/14/26 | 2 | 1 | 960 | |
0.16 | Single-Family Home | $189,000 | 05/25/26 | 2 | 1 | 918 | |
0.45 | Single-Family Home | $90,000 | 08/19/25 | 2 | 1 | 950 | |
0.60 | Single-Family Home | $120,000 | 08/19/25 | 2 | 1 | 799 | |
0.67 | Single-Family Home | $99,900 | 12/05/25 | 2 | 1 | 672 | |
0.47 | Single-Family Home | $179,900 | 04/30/26 | 2 | 1 | 984 | |
0.41 | Single-Family Home | $181,000 | 08/28/25 | 2 | 1 | 1,152 | |
0.41 | Single-Family Home | $103,000 | 08/19/25 | 3 | 1 | 1,440 | |
0.41 | Single-Family Home | $176,000 | 12/12/25 | 2 | 1 | 1,204 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 551 E Morrison St.
What Locals Say about Frankfort
At least 69 Trulia users voted on each feature.
88 % Say yards are well-kept
84 % Say parking is easy
81 % Say car is needed
80 % Say there are sidewalks
75 % Say it's dog friendly
66 % Say there's holiday spirit
57 % Say kids play outside
54 % Say it's quiet
53 % Say people would walk alone at night
48 % Say neighbors are friendly
44 % Say it's walkable to restaurants
44 % Say streets are well-lit
43 % Say there's wildlife
42 % Say it's walkable to grocery stores
37 % Say they plan to stay for at least 5 years
22 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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