1053 South Jackson Street

Frankfort, IN 46041

$675,000
Price
12
Beds
8
Baths
4,100 Sq. Ft.
$165 / Sq. Ft.
4,100
Sq. Ft.
$165
per Sq. Ft.

Description

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.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.
  1. Listed by Lori Crampton • MA REALTY

Property Details for 1053 South Jackson Street

Style
Two Story
Subdivision
Center
Waterfront
No
Pet Restrictions
Yes
LISTING UPDATED: 01/06/2025 01:28 PM

Property Details for 1053 South Jackson Street

StatusActive
MLS #202500125
Days on Market5
Taxes$3,320 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Apartment Building
Year Built1969
CountyClinton County

Building Information for 1053 South Jackson Street

Building/Complex1053 S Jackson StFloor-Stories2Residences8Pet Policy-Year Built1969Building Size-

Property Information for 1053 South Jackson Street

Summary
Location and General Information
  • Area: Clinton County
  • City: Frankfort
  • Zip Code: 46041
  • State: IN
  • Township: Center
  • Geo Latitude: 40
  • Geo Longitude: -87
  • Fips Code: 18023
  • Directions To Property: I-65 S to IN-28 East (exit 158). Follow IN-28 E to S Jackson Street in Frankfort to property.
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 12-10-10-482-021.000-021
School Information
  • School District: Community Schools of Frankfort
  • Elementary: Blue Ridge / Green Meadows
  • Middle School: Frankfort
  • High School: Frankfort
Parking
  • Number Of Parking Spaces: 8
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Apartment Building
  • Approx Lot Size Acres: 0.0
  • Lot Dimensions: 66 x 178
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 4100.0
  • Upper Level Sqft: 2050.0
  • Above Grade Finished Sqft: 4100.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 4100.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
  • Main Level Sqft: 2050.0
Property and Assessments
  • New Construction: No
  • Year Built: 1969
  • Age: 56
  • Documents Available: Rent Roll
  • Planned Unit Development: No
Utilities
  • Electric Company: Frankfort Munic. Util.
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Countertops-Laminate, Detector-Smoke, Water Heater Electric
  • Exterior: Brick, Vinyl
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Electric Meters: 9
  • Number of Gas Meters: 0
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 8
  • Number of Refrigerators: 8
  • Number of W/D Hookups: 0
  • Number of Washers: 0
  • Number Water Meters: 1
  • Basement: No
  • Basement/Foundation: None
  • Cooling: Wall AC
  • Flooring: Carpet, Laminate, Vinyl
  • Heating/Fuel: Baseboard
  • Stories: 2
  • Number of Above Grade Bedrooms: 6
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 6
  • Total Number of Bedrooms: 12
  • Total Number of Full Baths: 8
  • Total Number of Half Baths: 0
  • Total Baths: 8
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 4
  • Num Of 2 Bedrooms: 4
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 7
  • Number of Buildings: 1
  • Number of Units: 8
Income & Expenses Information
  • Annual Electric Expense: $950.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $76,200
  • Annual Insurance Expense: $4,911
  • Annual Maint. Expense: $7,459
  • Annual Misc: $0
  • Annual Net Income: $55,376
  • Annual Property Tax: $3,320
  • Annual Trash Expense: $984
  • Annual Water/Sewer Exp: $3,200
  • Gross Monthly Income: $6,350
  • Gross Monthly Rent: $6,350
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Water

Property History for 1053 South Jackson Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1053 South Jackson Street

Taxable ValueLand$17,300Additions$126,000Total$143,300
Tax Record2023$3,320 ($277 / month)
Home Facts
Total Finished SqFt4,400 SqFtAbove Grade Finished SqFt4,400 SqFtStories2Lot Size11,748 SqFtStyleMulti-Family Res (5+ Units)Year Built1969CountyCLINTONAPN12-10-10-482-021.000-021

Schools near 1053 South Jackson Street

This home is within Community Schools Of Frankfort.
Rating
School
Type
Grades
Distance
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 2
Rating
School
Distance
Green Meadows Intermediate Elementary
Public3 to 5

Frankfort Middle School
Public6 to 8

Frankfort Senior High School
Public9 to 12

Blue Ridge Primary Elementary School
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1053 South Jackson Street is a multi-family home for sale in Frankfort, IN 46041. This property was listed for sale on January 2, 2025 by MA REALTY, it's currently listed at $675,000. It has been on the market for a total of 5 days and was last sold on September 27, 2022. This listing's school district is Community Schools Of Frankfort. Nearby schools include Green Meadows Intermediate Elementary, Frankfort Middle School and Frankfort Senior High School. 1053 South Jackson Street is a 12-bed, 8-bath, 4,100 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MA REALTY

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.