NOT LISTED FOR SALE

303 S Williams St Frankfort, IN 46041

6.4 Acres
-- Price per Acre
278,784 Sq Ft Lot

Last Sold May 14, 2021

Last sale price $312,500

8 Days on Market

About This Lot

As of May 2021

INVESTMENT OPPORTUNITY !! – Residential development investment opportunity. The former Riley School building was on the west part and the east part was platted as the 1st Riley addition in 1927. The east part was platted with 20 lots, with alleys and S. Young St extended through the property. The alleys and S. Young St. have been vacated, but a sewer line running west/east divides the property. AT&T has an easement for equipment at the northeast corner of the property. The lot dimensions given are approximate. A site plan with precise dimensions is being prepared, but not yet available. The current zoning is PB (Institutional) for the west part and Parks for the east part. Community Schools of Frankfort prefers to sell only to a user that will develop single family residential lots. A deed restriction is proposed, but not yet available. When the school building was demolished the basement floor was not removed. It was drilled with holes for drainage and backfilled. The tax exempt status will apply for the 2021 pay 2022 real estate taxes. Taxes will not be due until May, 2023.

Last Agent to Sell the Property

Dave Rodkey

Dave Rodkey, REALTORS Listed on: 04/26/2021

Last Buyer's Agent

Dave Rodkey

Dave Rodkey, REALTORS Listed on: 04/26/2021

Property Details

Property Type

  • Land

Lot Details

  • 6.4 Acre Lot
  • Lot Dimensions are 327.9x897.5
  • Finished Lot(s)

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Heating System Uses Gas
  • Gas Available

Community Details

  • The community has rules related to deed restrictions

Listing and Financial Details

  • Other Tax Exemptions
  • Assessor Parcel Number 12-10-11-326-001.000-021

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: 1st Riley add lots 1-10 and lots 16-25 and part SW Section 11, Twp 21N, R1W
  • Parcel Number ID: 12-10-11-326-001.000-021
  • Platted: Yes
  • Inside City Limits: Yes
  • Location: City
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 125
  • Parcel Description: Corner
  • Restrictions: Deed Restrictions
  • Type of Sale: Traditional
  • Options: Sell Entirely
  • Platted Development: Yes
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Road Frontage: City

Garage/Parking

  • Parking: Off Street

Utilities

  • Water Utilities: City, Available
  • Electric Company: Frankfort Munic. Util.
  • Gas Company: Vectren Energy
  • Electricity Type: Available
  • Fuel Type: Gas, Available
  • Sewer Type: City, Available

Schools

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

Lot Info

  • Lot Dimensions: 327.9x897.5
  • Estimated Lot Sq Ft: 278784
  • Estimated Lot Size Acres: 6.4
  • Improvements: Storm Sewers, Street Lights, Sidewalks

Tax Info

  • Exemptions: Tax Exempt

Range of Values:

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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $312,500 +25.0% --
05/04/2021 05/04/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $250,000 -- --
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dave Rodkey

    Seller's Agent in 2021

    Dave Rodkey

    Dave Rodkey, REALTORS

    (765) 659-1828

    61 Total Sales

    Dave Rodkey
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Map

Source: Indiana Regional MLS

MLS Number: 202114204

Indiana Regional MLS
Indiana Clinton County Frankfort 46041

303 S Williams St, Frankfort, IN

This home is located at 303 S Williams St, Frankfort, IN 46041 since 26 April 2021. 303 S Williams St is a home located in Clinton County with nearby schools including Frankfort Senior High School and Frankfort Covenant Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS 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.

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