Listing courtesy of Patton Hall Real Estate · Listing agent: Jeff Owens · Office: 574-267-7501
328 Jay Street
Rochester, IN 46975-1232
Original price $76,000 · Price reduced on September 28, 2026
- Short sale
- 2-car garage
- Basement
- Bedrooms
- 4
- Bathrooms
- 1
- Living area
- 2,052 sq ft
- Lot
- 0.31 ac
- Year built
- 1930
- Type
- Site-Built Home
- Listed
- March 23, 2026
- MLS #
- 202609602
About this home
328 Jay Street is a property that demands an honest assessment and a visionary's touch. This is not a project for the faint of heart; it is a full-scale restoration opportunity in a prime Rochester location. The Reality The structure is currently in a severe state of disrepair and is officially disclosed as non-livable and not habitable in its current condition. Prospective buyers must be aware of significant structural defects, including compromised flooring, unstable roofing, weakened support beams, and crumbling masonry. Additionally, the interior likely contains airborne contaminants. Due to these hazardous conditions, entry is strictly regulated: No individuals under 18 years of age are permitted on-site. All visitors must sign a Release of Liability prior to entry. The Potential For the experienced contractor or ambitious investor, the value lies in the large yard and the unbeatable central location. This property sits just steps away from: Riddle Elementary School Fulton County Fairgrounds The Public Library Downtown Rochester The surrounding neighborhood is well-established, with property values that will support significant improvements to the site. Whether you choose a total "studs-up" reconstruction or a fresh start on a substantial lot, the footprint offers a rare chance to build equity in a highly accessible part of town.
Monthly payment estimate
$380/mo
- Principal & interest
- $356
- Property taxes
- $5
- Homeowners insurance
- $19
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2025 bill as reported to the MLS. Yours may differ once your own deductions apply.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Get pre-approved
Know your real budget before you tour, and make a stronger offer. We'll connect you with a local lender.
Property details
Interior
- Levels
- Two
- Total rooms
- 7
- Total area
- 2,511 sq ft
- Finished area above grade
- 2,052 sq ft
- Unfinished area below grade
- 459 sq ft
- Main level
- 1,161 sq ft
- Upper level
- 891 sq ft
- Below grade total
- 459 sq ft
- Bedrooms above grade
- 4
- Full baths, main level
- 1
- Basement
- Crawl Space, Partial
- Heating
- Natural Gas
- Cooling
- Central Air
- Laundry
- Main Level
Exterior & parking
- Style
- Traditional
- Construction
- Vinyl Siding
- Foundation
- Block, Stone
- Garage spaces
- 2
- Attached garage
- No
- Garage type
- Detached
- Garage sq ft
- 720 sq ft
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Corner Lot
- Lot size (acres)
- 0.31 ac
- Lot dimensions
- 82X165
- Inside city limits
- Yes
- County
- Fulton County
- Township
- Rochester
- Cross street
- 4th Street
- Lots
- 627
- Platted
- Yes
- Planned unit development
- No
- Directions
- US 31 Business Route to 4th Street, West to the Northwest corner of Jay and 4th Street
Schools
- Elementary school
- Columbia / Riddle
- Middle school
- Rochester Community
- High school
- Rochester Community
- School district
- Rochester Community School Corp.
Taxes & terms
- Annual taxes
- $64
- Tax year
- 2025
- Assessed value
- $26,800
- Possession
- DOC
- Parcel number
- 25-07-91-364-010.010-009
Utilities
- Water
- City
- Sewer
- Public Sewer
Income & commercial
- Gas meters
- 15
Location
Similar homes
$65,000
Listed May 688 Scott Street
Rochester, IN 46975
- 3 beds
- 2 baths
- 1,494 sq ft
Listing courtesy of eXp Realty, LLC
