Check Availability

308 South Main Street

308 South Main Street, Frankfort, IN 46041
Property in Center
1 Units For Sale
Unit for sale at 308 S Main Street, Frankfort, IN 46041

$120,000

  • 3 Beds
  • 3 Baths
  • 3,155 ft²
308 S Main Street, Frankfort, IN 46041 Listing by Heather Roth

308 South Main Street has been categorized by the local assessors in Frankfort, IN as a residential type of property. The building on the property was first built in 1900 and is 124 years old. The home has a total of 13 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 308 South Main Street has 3,155 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,492 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,410 ft and across the front of the lot is 580 ft. The area measurement of the land has been determined as 8,178 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 360 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with other control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The roof of the building is made of asphalt. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $2,299 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 308 South Main Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $116,200. To break that down further, the land itself was valued at $13,200. While improvements to the property were assessed at a total of $103,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 20
  • Building Condition: Fair
  • Building Quality: C+
  • Construction Type: Other
  • Building Style: Triplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 4
  • Basement Type: Full basement
  • Basement Area: 1,492
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,178
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 580
  • Total Building Area: 3,155
  • Building Area: 3,155
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 3,155
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PENCESS ADD
  • Land Acres: 0.188
  • Standard Land Use Code: Triplex (3 units, any combination)
  • County Land Use Code: Structures (general)
  • Legal Description 1: 016-28111-00 PENCES'S ADD 57 1/2' X 132' BLK 1 129

Ownership

  • Current Owner : BEACON PROPERTY PARTNERS LLC
  • Previous Owner : WAGGONER JOHN J
  • Owner Before Previous Owner: MATHEWS MARTIN L
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Frankfort Community Schools
  • Census Tract: 950800

Geography

  • Assessors Map Reference: MP 016-48-067
  • Account Number: 01648015
  • District: 0001
  • Parcel: 12-10-10-403-004.000-021
  • Block: 1
  • Municipality: CENTER TOWNSHIP
  • Latitude: 40.2784
  • Longitude: -86.5122

    Address

  • Full Address: 308 S Main St
  • Address - House Number: 308
  • Street Direction: S
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: IN
  • City Name: Frankfort
  • Carrier Code: C004
  • 4-Digit Zip Code: 2682
  • Zip Code: 46041

Valuation

    Tax

  • Total Area: 5,927
  • Tax Year: 2022
  • Tax Amount: $2,299
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 21:FRANKFO

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 127,491
  • High Value: 149,113
  • Low Value: 105,869

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $86,068
  • First Open Lien Mortgage Lender: BEDROCK MORTGAGE FUND LLC
  • First Open Lien Mortgage Recording Date: Jul 25, 2023
  • First Open Lien Mortgage Loan Amount: $86,068
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 17, 2024

    Market Valuation

  • Market Total Value: $116,200
  • Market Land Value: $13,200
  • Market Improvement Value: $103,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $116,200
  • Assessed Land Value: $13,200
  • Assessed Improvements Value: $103,000

    Sales

  • Current Sale Contract Date: Jul 06, 2022
  • Current Sale Recording Date: Jul 08, 2022
  • Current Sale Transaction ID: 11897941200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2790
  • Previous Sale Recording Date: May 09, 2022
  • Previous Sale Contract Date: Apr 16, 2022
  • Previous Sale Document Type: Warranty Deed

About Frankfort



Similar Buildings

Property at 308 South Main Street,

56 North Main Street

  • 1 Unit for Sale
  • 2 Stories
56 North Main Street, Frankfort, IN 46041
Property at 308 South Main Street,

358 South Clay Street

  • 1 Unit for Sale
  • 3 Stories
358 South Clay Street, Frankfort, IN 46041
Property at 308 South Main Street,

206 South 4th Street

  • 1 Unit for Sale
  • 2 Stories
206 South 4th Street, Frankfort, IN 46041
Property at 308 South Main Street,

301 North Jackson Street

  • 1 Unit for Sale
  • 2 Stories
301 North Jackson Street, Frankfort, IN 46041
Property at 308 South Main Street,

659 East Washington Street

  • 1 Unit for Sale
  • 2 Stories
659 East Washington Street, Frankfort, IN 46041
Property at 308 South Main Street,

407 East Jefferson Street

  • 1 Unit for Sale
  • 1 Story
407 East Jefferson Street, Frankfort, IN 46041
Property at 308 South Main Street,

1003 Short 4th Street

  • 1 Unit for Sale
  • 1 Story
1003 Short 4th Street, Frankfort, IN 46041
Property at 308 South Main Street,

11 West Barner Street

  • 1 Unit for Sale
  • 2 Stories
11 West Barner Street, Frankfort, IN 46041
Property at 308 South Main Street,

852 North Gentry Street

  • 1 Unit for Sale
852 North Gentry Street, Frankfort, IN 46041

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 308 South Main Street located in?
The 308 South Main Street is a located in the neighborhood of Center in Frankfort, Frankfort.
How many listings are currently for sale in 308 South Main Street?
There is one unit for sale right now.
What is the average sales price for listings in 308 South Main Street?
The average sales price for units in 308 South Main Street is $120,000 , or $38/sqft. currently.

Quantcast