Listing courtesy of Patton Hall Real Estate · Listing agent: Jeff Owens · Office: 574-267-7501

Virtual tour
ActiveSite-Built Home

328 Jay Street

$65,000

$31.68 / sq ft

Est. $380/mo

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
Your loan

  • 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.
Change taxes, insurance and more in the full calculator

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

Loading map...

Similar homes

$65,000

4 beds · 1 bath