457 N Main St Frankfort, IN 46041
Estimated payment $1,221/month
Highlights
- Traditional Architecture
- Level Lot
- Carpet
- Forced Air Heating System
About This Home
Great opportunity for a really good overall fourplex! This apartment house is a money maker from day one! One unit is completely ready to rent, and two units need some minor repairs to be rented very quickly. One other unit requires a remodel but could be done quickly in the right hands. Investors, you do not want to miss this one! This property is being sold as is, with everything that is currently in the building going with the sale.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,236
Year Built
- Built in 1880
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 50 x 132
- Level Lot
Home Design
- Quadruplex
- Traditional Architecture
- Brick Foundation
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 2,302 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Laminate Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 40 Full Bathrooms
Parking
- 8 Parking Spaces
- Paved Parking
- On-Street Parking
Location
- Suburban Location
Schools
- Blue Ridge / Green Meadows Elementary School
- Frankfort Middle School
- Frankfort High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- The owner pays for heating, lawn maintenance, maintenance, sewer
- Assessor Parcel Number 12-10-10-210-014.000-021
Community Details
Overview
- 4 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
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 | $3,236 | $144,000 | $8,800 | $135,200 |
| 2023 | $2,915 | $127,100 | $8,800 | $118,300 |
| 2022 | $2,358 | $103,400 | $8,800 | $94,600 |
| 2021 | $2,489 | $71,600 | $8,800 | $62,800 |
| 2020 | $1,687 | $71,600 | $8,800 | $62,800 |
| 2019 | $1,690 | $71,600 | $8,800 | $62,800 |
| 2018 | $1,667 | $71,400 | $8,800 | $62,600 |
| 2017 | $1,665 | $70,500 | $8,500 | $62,000 |
| 2016 | $1,615 | $67,600 | $8,500 | $59,100 |
| 2014 | $1,344 | $67,200 | $8,500 | $58,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/24/2025 10/24/25 | Pending | -- | -- | -- |
| 10/16/2025 10/16/25 | Price Changed | $180,000 | -10.0% | $78 / Sq Ft |
| 10/03/2025 10/03/25 | For Sale | $200,000 | -- | $87 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document |
Source: Indiana Regional MLS
MLS Number: 202540164
APN: 12-10-10-210-014.000-021
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