120 S Franklin St Garrett, IN 46738
Estimated payment $1,987/month
Highlights
- Corner Lot
- Hot Water Heating System
- 5-minute walk to Eastside Park
About This Home
Contingent on financing and appraisal. Accepting backup offers. Multifamily 8 Plex investment opportunity in DeKalb County, Garrett, IN. Great investment for the hands on investor who knows a rare gem, as these rarely become available. A stones throw to downtown Main, this property sits at the northwest corner of S Franklin and E Keyser St. With some upgrades and remodeling, this opportunity can prove to be a true gem in the making. A total of 10 Beds & 8 Baths.
Listing Agent
Hosler Realty Inc - Kendallville Brokerage Phone: 260-302-5200 Listed on: 07/30/2025
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $3,257
Year Built
- Built in 1878
Lot Details
- 6,098 Sq Ft Lot
- Corner Lot
Parking
- On-Street Parking
Home Design
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Laminate Flooring
- Laminate Countertops
- Unfinished Basement
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Full Bathrooms
Schools
- J.E. Ober Elementary School
- Garrett Middle School
- Garrett High School
Utilities
- Hot Water Heating System
Community Details
- 8 Units
Listing and Financial Details
- Assessor Parcel Number 17-09-03-109-044.000-013
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,495 | $130,400 | $16,700 | $113,700 |
| 2023 | $2,387 | $119,200 | $15,200 | $104,000 |
| 2022 | $2,002 | $100,100 | $12,400 | $87,700 |
| 2021 | $1,638 | $81,900 | $11,100 | $70,800 |
| 2020 | $1,517 | $75,300 | $10,600 | $64,700 |
| 2019 | $1,472 | $73,300 | $10,600 | $62,700 |
| 2018 | $1,468 | $73,100 | $10,600 | $62,500 |
| 2017 | $1,529 | $75,900 | $10,600 | $65,300 |
| 2016 | $1,515 | $75,200 | $10,600 | $64,600 |
| 2014 | $1,548 | $77,400 | $10,600 | $66,800 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | For Sale | $315,000 | 0.0% | $59 / Sq Ft |
| 08/04/2025 08/04/25 | Pending | -- | -- | -- |
| 07/30/2025 07/30/25 | For Sale | $315,000 | +304.4% | $59 / Sq Ft |
| 05/18/2012 05/18/12 | Sold | $77,900 | -40.0% | $15 / Sq Ft |
| 05/15/2012 05/15/12 | Pending | -- | -- | -- |
| 09/24/2010 09/24/10 | For Sale | $129,900 | -- | $24 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Lawyers Title | |
| Warranty Deed | -- | J Bryan Nugen Attorney At La | |
| Deed | $140,000 | -- |
Source: Indiana Regional MLS
MLS Number: 202529995
APN: 17-09-03-109-045.000-013
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