$600,000
SOLD MAR 19, 2025

1053 S Jackson St Frankfort, IN 46041

12 Beds
8 Baths
4,100 Sq Ft
1969 Built

Recently Sold

$146 Per Sq Ft

11% Below List Price

8 Days on Market

Highlights

  • Baseboard Heating
  • Level Lot
  • Carpet

About This Home

As of March 2025

8 Unit Apartment Building for sale! 4- 2 bedroom units / 4- 1 bedroom units . Renovations to some units have been completed. Sold as-is. Owner would prefer to sell as a package with 606 N Jackson, also listed in MLS.

Last Agent to Sell the Property

Lori Crampton

MA REALTY Listed on: 01/02/2025

Last Buyer's Agent

Charise Goodnight

RE/MAX Realty One

RE/MAX Realty One

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,320

Year Built

  • Built in 1969

Lot Details

  • Lot Dimensions are 66 x 178
  • Level Lot

Parking

  • 8 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 6 Bedrooms in Basement
  • Fire and Smoke Detector
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Full Bathrooms

Schools

  • Blue Ridge / Green Meadows Elementary School
  • Frankfort Middle School
  • Frankfort High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric, water
  • The owner pays for lawn maintenance, maintenance, sewer, trash collection, water
  • Assessor Parcel Number 12-10-10-482-021.000-021

Community Details

Overview

  • 8 Units
  • Center Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 9 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $950
  • Insurance Expense $4,911
  • Maintenance Expense $7,459
  • Trash Expense $984
  • Water Sewer Expense $3,200

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,320

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1969
  • Age: 56
  • Style: Two Story
  • Bedrooms: 12
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 8
  • Total Full Bathrooms: 8
  • Legal Description: 016-18246-00 G A SMITH PT LTS 6-7 HOOVER & LEE LT 1 PT SE 10-21-1 W .03A & .1053A 3333
  • Parcel Number ID: 12-10-10-482-021.000-021
  • Platted: Yes
  • Amenities: Countertops-Laminate, Detector-Smoke, Water Heater Electric
  • Number Below Grade Bedrooms: 6
  • Sp Lp Percent: 88.89
  • Monthly Gross Income: 6350
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 4100
  • Total Finished Sq Ft: 4100
  • Above Grade Finished Sq Ft: 4100
  • Price Per Sq Ft: 146.34
  • Flooring: Carpet, Laminate, Vinyl
  • Main Level Sq Ft: 2050
  • Number Of Ranges Ovens: 8

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 8

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Frankfort Munic. Util.
  • Annual Electric: 950
  • Annual Insurance Expense: 4911
  • Annual Maintenance Expense: 7459
  • Annual Trash Expense: 984
  • Annual Water Sewer Expense: 3200
  • Number Electric Meters: 9
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Community Schools of Frankfort
  • Elementary School: Blue Ridge / Green Meadows
  • Middle School: Frankfort
  • High School: Frankfort
  • Elementary School: Blue Ridge / Green Meadows

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66 x 178

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Water

Multi Family

  • Gross Monthly Rent: 6350
  • Number Of Refrigerators: 8
  • Number Of Units: 8
  • Num Of1 Bedrooms: 4
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 7

Tax Info

  • Annual Property Tax: 3320

MLS Schools

  • High School: Frankfort
  • Middle School: Frankfort
  • School District: Community Schools of Frankfort

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 Sold $600,000 -11.1% $146 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
01/02/2025 01/02/25 For Sale $675,000 -- $165 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202500125

Indiana Regional MLS