TITLE: Frankfort IN 3/1 SFR | 2-Car Garage + Workshop | $70K | ARV ~$140K
3 bed / 1 bath single-family in Frankfort, IN, 1,080 SF on a 6,969 SF lot, built 1900. In at about half of ARV, plus a detached 2-car garage with loft and workshop.
THE NUMBERS
Asking: $70,000
Est. ARV: ~$140,000 (comps below)
Est. rehab: $20,000–$40,000 (light: functional but dated)
Best exit: fix-and-flip or buy-and-hold rental (rent est. $1,250/mo)
CONDITION
Roof: asphalt shingle, ~12 years old
HVAC: forced-air gas heat; window A/C units
Foundation: crawl/raised, no known issues
Electrical: updated
Plumbing: good condition
Water/drainage: N/A
COMPS
1356 S Columbia St: sold $155,000 (7/31/26), 3/1, 956 SF
1854 S Jackson St: sold $135,000 (6/11/26), 3/1, 940 SF
208 W Jefferson St: sold $180,000 (6/8/26), 3/1, 1,014 SF
1752 W Barner St: sold $203,000 (6/30/26), 3/1, 1,204 SF
GOOD TO KNOW
Occupancy: currently occupied, delivered vacant at closing
No open permits or code violations on record
Access: by appointment only; do not visit or contact occupants
Offers with proof of funds due Monday, 10/12/26. EMD: $6,500, non-refundable. Questions: Christian Toledo, (631) 502-5336.
More About This Property
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ARV $140,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $135,000.
