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    303 S Williams St.

    Frankfort, IN 46041
    • $312,500
    • STATUS: Sold
    • ON SITE: 49 days
    • MLS #: 202114204
    Sold - 05/14/2021
    $312,500
    SOLD - 05/14/2021
    • 0
      BEDS
    • 6.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    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.

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    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty. Data last updated: 2021-06-15T16:28:24.097.

    www.romanskigroup.com/homes/116475693
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    303 S Williams St. Frankfort, IN 46041

    • Price: $250,000
    • Status: Sold
    • Updated: 72 min ago
    • MLS #: 202114204
    0
    Beds
    0
    Baths
    0
    ½ Baths
    6.4
    Acres
    Neighborhood:
    Other
    County:
    Clinton
    Area:
    Clinton
    Elementary School:
    Blue Ridge / Green Meadows
    Middle School:
    Frankfort
    High School:
    Frankfort
    School District:
    Community Schools Of Frankfort
    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.
    Exterior Features

    Curb YN Yes Improvements SidewalksStorm SewersStreet Lights Location City Lot Dimensions 327.9X897.5 Parcel Description Corner Parking Off Street Road Access City Road Frontage City Road Surface Asphalt Structure Building Improvements No Waterfront YN No

    Property Features

    Annual Taxes 0 Assoc Dues Frequency Not Applicable Auction YN No Can Be Divided No Documents Available Building Restrictions Easements No Electric Company Frankfort Munic. Util. Electricity Type Available Exemptions Tax Exempt For Sale Or Rent For Sale Fuel Type AvailableGas Gas Company Vectren Energy Inside City Limits Yes Leased Acres YN No Options Sell Entirely Owner Real Estate License YN No Planned Unit Dev YN No Platted Development Yes Platted YN Yes Property Sub Type Residential Land Rail Siding YN No Reo YN No Restrictions Deed Restrictions Sewer AvailableCity Township Center Type Or Use Residential Water Utility AvailableCity Year Taxes Payable 2021

    Listing courtesy of Dave Rodkey of Dave Rodkey, Realtors.
    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty.


    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty. Data last updated: 2021-06-15T16:28:24.097.

     
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    The Romanski Group - Keller Williams Realty
    Lafayette, West Lafayette
    and Kokomo IN,