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$420,000   Price Analysis
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757 E Clinton St
Frankfort, IN 46041
6 bed 6 bath 6,389 SqFt ($65/SqFt)
0.29 acre lot. Built 1900
Listed 2024-04-26, Taxes $5,007
USDA Eligible
near Frankfort, IN
 Restrictions may apply
due to home size

Inve stment Opportunity!

Victorian home that has 5 1 bedroom apartments and a cottage apartment in the back. All apartments have a range and refrigerator. Th 2 apartments on the main level have washer dryer hookups.

All apartments in the Victorian home have new windows. Brand new roof in 2023. 3 of the apartments have been completely remodeled 2023. 1 has had the kitchen remodeled 2023. New sewer drain line in 2020.


Presented by Wendy Yuill at
PMI Lafayette.


Property MLS #202414421 from IRMLS

Bedrooms: 6

Total Bathrooms: 6 / 0
Full Bathrooms: 6

Cooling Features: Window
Fuel Expense: 480
Heating Features: Baseboard

Furnished Description: Lease
Flooring: Carpet, Laminate, Wood

Basement Description: Full Basement

Outbuilding Width: 20

Lot Description: Corner
Lot Size Acres: 0.29
Lot Size Dimensions: 96x132
Lot Size Square Feet: 12632

Driveway: Gravel
Garage Spaces: 4
Garage Description: Off Street, Street

Number of Buildings: 2
Number of Units: 6
Number of 1 Bedroom Units: 6
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-6: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 4
Total Rooms in Unit-3: 3
Total Rooms in Unit-4: 3
Total Rooms in Unit-5: 4
Total Rooms in Unit-6: 3
Unit-6 Square Feet: 440
Unit 1 Total Actual Rent: 750
Unit 2 Total Actual Rent: 590
Unit 3 Total Actual Rent: 750
Unit 4 Total Actual Rent: 825
Unit 5 Total Actual Rent: 735
Unit 6 Total Actual Rent: 615

Elementary School: Suncrest
High School: Frankfort
Middle School: Frankfort
School District: Community Schools of Frankfort

Frankfort Senior High School is a public high school located approximately 1 miles away.
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Frankfort Middle School is a public middle school located approximately 1.2 miles away.
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Green Meadows Intermediate Elementary is a public elementary school located approximately 1.2 miles away.
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Frankfort Covenant Academy is a private elementary, middle and high school located approximately 1.2 miles away.
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Income Includes: 49500
Tenant Pays: Cable, Cooling, Electric, Heating

Sidewalks
Community Features: Basement, Countertops-Laminate, Porch Covered, Water Heater Gas

Maintenance Expense: 2500

Annual Tax Amount: 5914.96
Source Listing Status: Active
County: Clinton County
Directions: St RD 28 W turn left at Van Buren turn left on Clinton home is on the left on the corner.
Source Property Type: INVESTMENT
Insurance Expense: 2800
Number of Separate Electric Meters: 6
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Owner Pays: Building Insurance, Fuel, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Tax, Trash Collection, Water
Parcel Number: 12-10-11-160-002.000-021
Property Location: City/Town/Suburb
Township: Center
Trash Expense: 1680
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$201,300 + $19,000
$220,300
$5,007
2021$99,900 + $19,000
$118,900
$2,744
2021$99,900 + $19,000
$118,900
$2,744
2020$99,900 + $19,000
$118,900
$2,792
2019$99,700 + $19,000
$118,700
$2,796
2018$89,500 + $17,700
$107,200
$2,760
2017$82,700 + $17,700
$100,400
$2,569
2016$91,000 + $17,700
$108,700
$2,434
2015$90,900 + $17,700
$108,600
$2,570
2013$90,900 + $17,700
$108,600
$3,578
2012$88,300 + $17,700
$106,000
$2,165
2011$99,000 + $19,300
$118,300
$2,366
2010$102,200 + $19,900
$122,100
$2,484

Price Changed 2024-06-25
$420,000
IRMLS
Listed 2024-04-26
$450,000
IRMLS
Sold 2022-05-31
$225,000
IRMLS
Listed 2022-05-06
$250,000
IRMLS
Sold 2018-09-12
$125,000
Public Record
Listing removed 2018-09-04
$134,900
IRMLS
Listing removed 2018-07-13
$125,000
IRMLS
Listed 2018-07-13
$134,900
IRMLS
Listing removed 2018-01-01
$125,000
IRMLS
Listed 2017-10-05
$125,000
IRMLS
Listing removed 2014-09-01
$109,900
LafayetteIN
Price Changed 2014-04-14
$109,900
LafayetteIN
Listed 2013-10-21
$124,900
LafayetteIN
Listing removed 2012-10-02
$119,900
Frankfort
Price Changed 2011-08-12
$119,900
Frankfort
Relisted 2011-07-08
$124,900
Frankfort
Listing removed 2011-07-02
$129,900
Frankfort
Relisted 2011-01-03
$129,900
Frankfort
Listing removed 2011-01-02
$129,900
Frankfort
Listed 2010-04-24
$129,900
Frankfort

Net Operating Income: 34225.04

Total Square Feet Living: 6389
Year Built: 1900
Above Grade Finished Area: 6389
Below Grade Unfinished Area: 1965
Other Buildings: Outbuilding SqFt: 440, Outbuilding Length: 22, Outbuilding: Outbuilding
Construction Materials: Block
Property Age: 124
Roof: Asphalt
Levels or Stories: 3
Structure Type: Sixplex
House Style: Three Story
Total Area Main: 1992
Total Area Sqft: 8354
Total Area Upper: 1992
Total Below Grade Area: 1965
Architectural Style: Victorian

Electric Expense: 100
Sewer: City
City
Water Sewer Expense: 1800

Green Energy Efficient: Energy Efficient: Windows, Enrgy Efficient Win/Doors: Double Pane Windows
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.