739 W Gossett Road
Frankfort, IN, 46041 $ 240,000
Bedrooms2 Baths1.1 Sq 1,935 Monthly Estimate*
$ 1,658
for $240,000 with 2 bedrooms and 1 full bath, 1 half bath. This 1,935 square foot home was built in 1979 on a lot size of 0.69.
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
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FeaturesInteriorInterior Amenities Attic Access Built-in Features Walk-In Closet(s)
Total Fireplaces 1
Fireplace Features Gas Log Living Room
Basement (Y/N) N
Half Baths 1
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 2
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GeneralHeating Natural Gas
Cooling Heat Pump Wall Unit(s)
Utilities Septic System
Possession Negotiable
Appliances Gas Cooktop Dishwasher Dryer Disposal Gas Water Heater Refrigerator Washer
Garage Spaces 2
Patio/Porch Features Glass Enclosed
Architectural Style Ranch
Pool Features Above Ground
Construction Materials Brick Block
Year Built 1979
Township Jackson
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Clinton
New Construction N
Property Type Residential
HOA N
Subdivision Name No Subdivision
Garage Y/N Y
Total Rooms 6
Full Baths 1
Status Active
Directions GPS Friendly
High School Clinton Prairie Jr-Sr High School
City Frankfort
High School District Clinton Prairie School Corporation
MLS Area 1212 - Clinton - Jackson
Lot Size Square Feet 30000
Elementary School Clinton Prairie Elementary School
Property Attached Y/N N
Current Financing Conventional
Property Condition Fixer
Standard Status Active
Tax Lot 26
Legal Description 003-27009-00 Lot 26 Ken Dor Add 732-B-26
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ExteriorParking Features Attached
Water Source Well Private
Foundation Details Crawl Space
Building Area Total 1935
Lot Size Acres 0.69
Horse Amenities None
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* Excluded FeaturesList ByBerkshire Hathaway HomeservicesBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,658
- Monthly Property Taxes
- $94
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Frankfort, IN
Average List Price $287,577
Percent of Sale Price 20%
About Frankfort, IN 16,037 Population
-5% Since 2002
$ 41,567 Median Income
35.96 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
5076985 Elementary School
5076983 Middle School
Clinton Prairie Jr-Sr High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/24/2026 | $240,000 | -4.00% | Price Down |
| 9/3/2026 | $250,000 | -5.66% | Price Down |
| 8/27/2026 | $265,000 | | Listed Price |