303 S Williams St. Frankfort, IN
$ 250,000
Property Attributes
  • MLS#202114204
  • TypePending
  • CountyCLINTON
  • CityFrankfort
  • AreaCenter
  • Zip46041
  • StyleResidential Land
  • Price$ 250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6.4 Acres
Listing Provided Courtesy Of:
Dave Rodkey with Dave Rodkey, REALTORS
Data Source:
Indiana Regional MLS (IRMLS)
Property Description

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.

Elementary School Middle School High School
Blue Ridge / Green Meadows Elementary School Frankfort Middle School Frankfort High School
Price History
4/26/2021 Listed $250,000

General Features

Agent First Name Dave
Agent Last Name Rodkey
Assoc. Dues Frequency Not Applicable
Elementary School Blue Ridge / Green Meadows
High School Frankfort
Inside City Limits Yes
Legal Description 1st Riley add lots 1-10 and lots 16-25 and part SW Section 11, Twp 21N, R1W
Listing Area Clinton County
Middle School Frankfort
Parking Off Street
Present Use Residential
Road Frontage City
School District Community Schools of Frankfort
Status Pending
Status Pending
Subdivision Other
Tax Year 2021
Type Residential Land

Interior Features

Fuel Type Available, Gas

Exterior Features

Approx. Lot Size Acres 6.4
Curb Y/n Yes
Improvements Sidewalks, Storm Sewers, Street Lights
Lot Dimensions 327.9x897.5
Lot Size Area 278784
Rail Siding Y/n No
Road Access City
Road Surface Asphalt
Waterfront Y/N No


  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS. Information last updated on May 13, 2021 12:58 PM UTC

Property vs Zip Code Average in 46041

AVG $170K

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.