551 E Morrison St, Frankfort, IN 46041
Property image
Property image
OFF MARKET

$122,700

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 708 sqft

551 E Morrison St, Frankfort, IN 46041

Est. Refi. Payment $770/mo*
Refinance Your Home
Currently Off Market - Sold Sep 18, 2023 for $100,000

Home Value

Trulia Estimate
$123K
Since last month
Decreased$100 (-0.1%)
Since last year
Decreased$500 (-0.4%)
Since last sale
Increased$23K (+23%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +341% in the last 10 years
MonthEstimated value
2026
August 2026$123K
July 2026$123K
June 2026$124K
May 2026$124K
April 2026$123K
March 2026$120K
February 2026$122K
January 2026$121K
2025
2024
2023
2022
2021
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
354 N Oneil St, Frankfort, IN
0.19
Single-Family Home
$140,000
07/14/26
2
1
960
602 N Clay St, Frankfort, IN
0.16
Single-Family Home
$189,000
05/25/26
2
1
918
1605 E Morrison St, Frankfort, IN
0.67
Single-Family Home
$99,900
12/05/25
2
1
672
1258 McCarty St, Frankfort, IN
0.47
Single-Family Home
$179,900
04/30/26
2
1
984
521 N Young St, Frankfort, IN
0.41
Single-Family Home
$176,000
12/12/25
2
1
1,204
951 N Harrison St, Frankfort, IN
0.38
Single-Family Home
$110,000
08/12/26
2
2
956
454 N Kelley Ave, Frankfort, IN
0.61
Single-Family Home
$150,000
09/25/25
2
1
832
403 Beard St, Frankfort, IN
0.46
Single-Family Home
$91,000
06/24/26
3
1
1,233
102 N Hoke Ave, Frankfort, IN
0.52
Single-Family Home
$120,000
06/03/26
2
2
976

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
302 Washington Ave, Frankfort, IN 46041
0.04
$190,000
4
2
1,923
Recently Sold
358 Sims St, Frankfort, IN 46041
0.03
$149,900
2
1
1,104
For Sale
357 Sims St, Frankfort, IN 46041
0.06
$170,000
2
1
1,048
For Sale
407 Sims St, Frankfort, IN 46041
0.06
$174,700
2
2
1,092
Off Market
401 N Clay St, Frankfort, IN 46041
0.04
$142,600
4
2
-
Off Market
450 Sims St, Frankfort, IN 46041
0.06
$134,200
4
2
1,774
Off Market
255 N East St, Frankfort, IN 46041
0.12
$250,000
4
2
2,304
Recently Sold
251 N East St, Frankfort, IN 46041
0.12
$103,200
4
2
1,793
Off Market
452 E Morrison St, Frankfort, IN 46041
0.07
$156,000
3
1
937
Off Market
507 E Washington St, Frankfort, IN 46041
0.14
$185,000
4
2
2,150
Recently Sold
600-602 E Jefferson St, Frankfort, IN 46041
0.08
$157,900
4
2
2,088
Off Market

Local Information

  • Map ViewExplore the area around 551 E Morrison St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1896
Living Area
708 sqft
Price/Sqft
$173
Parking
Open Parking

About this House

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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $122,700, with a rent estimate of $1,081/month.
Last check for updates: about 5 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

Home Details for 551 E Morrison St

Active Status

MLS Status: Closed

Interior Features

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

Exterior Features

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

Property Information

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

Price & Status

Price
List Price: $100,000
Status Change & Dates
Off Market Date: Tue Sep 05 2023

Media

Location

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

Building

Building Area
Building Area: 1416 Square Feet

Community

Community Features: None

Lot Information

Lot Area: 4756.752 sqft

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 202327044Attribution Contact: Agt: 765-670-9065Above Grade Unfinished Area: 708

Additional Information

None

Price and Tax history

DateEventPrice
Sep 18, 2023
Source: IRMLS #202327044
Sold
$100,000
Sep 5, 2023
Source: IRMLS #202327044
Pending
$100,000
Sep 1, 2023
Source: IRMLS #202327044
PriceChange
$100,000
Price decreased by 13%
Aug 30, 2023
Source: IRMLS #202327044
PriceChange
$115,000
Price decreased by 13%
Aug 22, 2023
Source: IRMLS #202327044
PriceChange
$132,000
Price decreased by 5%

Market trends in Frankfort

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$218K
$6.02KMoM
Sale-to-List Price
—
Price per sq ft
$145
$13MoM
Available listings
67
3MoM

Around this home

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.
  • Crochet Maven
    "Beautiful small farming town. Generations of families still here together gives this community a sense of pride and closeness not found in larger cities."
    0
    Flag
  • Kenny J.
    "I dont think they wouldnt like living in this neighborhood. Its quiet and people are somewhat friendly"
    0
    Flag
  • Poodalicious
    "Not many dog owners walk their dogs because of the abundance of feral cats throughout all of Frankfort. Most neighborhoods have nice sidewalks that would support a safe way to walk their dogs."
    4
    Flag
  • Heather A.
    "It’s a very quiet and nice neighborhood and all other pet owners have their dogs inside the only problem would be the barking of other dogs. "
    2
    Flag
  • Heather A.
    "They would like that all the other dogs are fenced in and maintained in their yards, however the barking excites other dogs. "
    3
    Flag
  • Jtlsbejmm47
    "You always see people or walking around with their dogs when it is warmer. There are several different sizes of dogs in our neighborhood, but many dog. Even though there are many dogs they aren't barking constantly. This is a peaceful neighborhood. With low crime. "
    1
    Flag
  • Sweettear23
    "It’s not bad. It’s quiet but sometimes there’s noise everywhere. It’s a small town so everyone knows each other. Definitely need more stuff for kids around here though"
    4
    Flag
  • Disappointingrobot
    "people help each other. i was struggling to put on a spare tire in the parking lot of my building. a couple of guys i didn’t know saw me struggling and did it for me. we couldn’t really understand each other—they didn’t speak much english, i speak no spanish—but they still went out of their way to help me out. "
    1
    Flag
  • Wendy
    "I stay for my kids cause the school is good. That is about the only reason I stay around here...................... "
    1
    Flag
  • craigunroe
    "Large historic homes nestled arround mature trees. Many homes are setting on the edge of a large creek over looking a park beside a multi. acre woods. Very beautiful area....."
    6
    Flag

LGBTQ Local Legal Protections

IDX 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. Information is deemed reliable but not guaranteed.

Frequently asked questions about 551 E Morrison St

  • What is 551 E Morrison St estimated to be worth?
    Trulia's estimated value for 551 E Morrison St in Frankfort, IN is $122,700.
  • What is the price history for 551 E Morrison St?
    551 E Morrison St in Frankfort, IN last sold for $100,000 in September 2023.
  • Is Frankfort a buyer's or seller's market?
    Frankfort is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Frankfort?
    The median sale price in Frankfort is $218K. That is down $6.02K from the prior month.
  • Does 551 E Morrison St have air conditioning?
    Yes, 551 E Morrison St in Frankfort, IN has air conditioning.
  • Does 551 E Morrison St have laundry facilities?
    Yes, 551 E Morrison St in Frankfort, IN has laundry facilities.

Explore by feature - Air Conditioning

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