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703 Race Street

Frankton, IN 46044

ActiveListed Aug 27, 2026 · 10 days on market

Key facts

Beds
4
Baths
2 full
Living area
1,684 sqft
Lot
0.52 acres
Year built
1961
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22122704
County
Madison
Subdivision
No Subdivision

About this home

Welcome to this move in ready 4 bedroom, 2 bathroom home in Frankton! Sitting on approximately 0.52 acres across two parcels, this home offers a very functional layout with plenty of room to enjoy both inside and out. The spacious corner lot features an attached 2 car garage along with 3 storage sheds, two of which are wired with electricity, providing plenty of space for storage, hobbies, or projects. With a great combination of space, functionality, and move in ready condition, this home is ready for its next owner. Schedule your showing today!

Description provided by the listing brokerage.

Interior

Appliances
Gas OvenRefrigerator
Interior features
Vaulted Ceiling(s)Paddle FanEat-in Kitchen
Windows
ScreensVinyl Windows
Rooms
8
Main-level bedrooms
4

Exterior

Construction
BrickWood SidingWood Brick
Foundation
Crawl SpaceBlock
Style
Ranch
Parking and garage
Attached

Systems

Heating
Natural Gas
Cooling
Central Air
Water
Public

Schools

Middle school
Lapel Middle School
School district
Frankton-Lapel Community Schools

Taxes

Estimated annual tax
$3,504 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,774per month, estimated
Principal and interest $1,386Property tax $292Insurance $96
20% · $54,980
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$274,900
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