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504 N Columbia

Frankfort, IN 46041

PendingListed Sep 9, 2026 · 3 days on market

Key facts

Beds
2
Baths
1 full
Living area
952 sqft
Lot
0.1 acres
Year built
1964
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22125177
County
Clinton
Subdivision
No Subdivision
Total building area
1,876 sqft

About this home

INVESTOR & REHAB OPPORTUNITY IN FRANKFORT! Bring your vision and your toolbox to this affordable opportunity at 504 N Columbia Street in Frankfort. Priced at just $50,000, this property offers investors, rehabbers, and buyers looking for a project the chance to transform a home and create substantial value. The property is being offered AS-IS and will require significant renovation and repairs. With the right improvements, this home has the potential to become a great investment, rental property, or personal residence. Conveniently located in Frankfort, this is an opportunity to purchase at an attractive price point and take on a project from the ground up. Cash or renovation financing may be appropriate depending on property condition and buyer qualifications. Buyers should perform their own due diligence and inspections to determine the scope of work needed. Priced to sell at $50,000 bring your contractor, bring your vision, and unlock the potential of this Frankfort property!

Description provided by the listing brokerage.

Interior

Interior features
Attic Access
Rooms
6
Main-level bedrooms
2

Exterior

Construction
Brick
Foundation
Block
Style
Ranch
Parking and garage
Detached

Systems

Water
Public

Schools

School district
Community Schools of Frankfort

Taxes

Estimated annual tax
$1,302 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$486per month, estimated
Principal and interest $353Property tax $109Insurance $25
20% · $14,000
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$70,000
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