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739 W Gossett Road

Frankfort, IN 46041

ActiveListed Aug 26, 2026 · 52 days on market

Key facts

Beds
2
Baths
1 full · 1 half
Living area
1,935 sqft
Lot
0.69 acres
Year built
1979
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22122472
County
Clinton
Subdivision
No Subdivision

About this home

Welcome to a property full of potential, offering 2 bedrooms, 1.5 baths, and an impressive 0.69-acre lot in a peaceful setting surrounded by beautiful open views. This home needs work and will require attention, updating, and some investment, but it offers great bones, a fantastic yard, and a setting that is hard to find. For the right buyer, this is an opportunity to bring your vision to life and create a home that truly reflects your style. Inside, you'll find a well-loved home with some great features and touches that add character and charm. The floor plan offers flexibility, including a bonus room that has been used as a possible third bedroom. While the room does not currently have a closet, it could easily serve as an office, playroom, hobby room, additional living space, or bedroom alternative depending on your needs. The home will need cosmetic updates and general attention, making it ideal for a buyer who is comfortable taking on a project and seeing the potential beyond its current condition. Where this property really shines is outside. Situated on 0.69 acres, the expansive yard offers plenty of room to enjoy the outdoors, with beautiful views of the surrounding fields and a peaceful sense of space and privacy. The mature landscaping and generous yard provide a wonderful backdrop for entertaining, gardening, recreation, or simply enjoying your own piece of the countryside. The above-ground pool and surrounding deck have created the perfect setting for summer gatherings, family fun, and relaxing afternoons. A covered rear patio/all-seasons-style space overlooks the pool and provides additional outdoor living space for entertaining or unwinding while taking in the views. The home also offers several important updates, including central air installed in 2020 and a new gas furnace installed in 2020, along with gas utilities. This is not a move-in-ready, turn-key home, and that's exactly where the opportunity lies. The property needs attention and updatin

Description provided by the listing brokerage.

Interior

Appliances
Gas CooktopDishwasherDryerDisposalGas Water HeaterRefrigeratorWasher
Interior features
Attic AccessBuilt-in FeaturesWalk-In Closet(s)
Fireplaces
1
Fireplace type
Gas LogLiving Room
Rooms
6
Main-level bedrooms
2
Condition
Fixer

Exterior

Patio and porch
Glass Enclosed
Construction
BrickBlock
Foundation
Crawl Space
Style
Ranch
Parking and garage
Attached
Pool
Above Ground
Private pool
Yes

Systems

Heating
Natural Gas
Cooling
Heat PumpWall Unit(s)
Water
WellPrivate
Utilities
Septic System

Schools

Elementary school
Clinton Prairie Elementary School
High school
Clinton Prairie Jr-Sr High School
School district
Clinton Prairie School Corporation

Taxes

Estimated annual tax
$1,126 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,388per month, estimated
Principal and interest $1,210Property tax $94Insurance $84
20% · $48,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$240,000
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