Higgins ID

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This time it is a Higgins. Just trying to find the year and other details.heres the serial from left rear dropout:
502 45200 851857. That last digit "7" may be a 1 or nothing at all
397728c490f00b5a73cac00b67da6344.jpg
 
Murray-built frame from the 60's--all the Sears bikes start with the 502 prefix. I've read that the last set of digits can determine the year, but I don't know what the secret is.
 
That pointy dropout is the tell tale sign on a Murray frame ...
 
I've read that some of those numbers are the model number, and can be tracked down using the Sears catalogs. The numbers after the 502 is the part number listed in the catalog.
 
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