Listing courtesy of Trueblood Real Estate · Listing agent: Ryan Dilley · Agt: 765-412-6761

Virtual tour
ActiveSite-Built Home

507 E McClurg Street

$85,000

$88.54 / sq ft

Est. $549/mo

Frankfort, IN 46041-1765

Original price $100,000 · Price reduced on September 14, 2026

  • Short sale
  • Basement
Bedrooms
2
Bathrooms
1
Living area
960 sq ft
Lot
0.08 ac
Year built
1920
Type
Site-Built Home
Listed
August 31, 2026
MLS #
202635852

About this home

Opportunity for the experienced investor or renovator! This 2-bedroom, 1-bath home offers approximately 960 square feet of living space plus a partial unfinished basement and an 8x12 storage shed. Hardwood flooring remains in portions of the home, and the property offers an opportunity for a substantial renovation or redevelopment project. Property is in need of extensive repairs and is being sold as-is. Cash or renovation financing strongly preferred; property condition may prevent qualification for conventional financing. Buyer to conduct all desired inspections and independently verify property condition, utilities, and suitability for intended use.

Monthly payment estimate

$549/mo

Principal & interest
$465
Property taxes
$59
Homeowners insurance
$25
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2026 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

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Property details

Interior

Levels
One
Total rooms
5
Total area
1,152 sq ft
Finished area above grade
960 sq ft
Unfinished area below grade
192 sq ft
Below grade total
192 sq ft
Bedrooms above grade
2
Full baths, main level
1
Basement
Crawl Space, Partial, Unfinished
Heating
Natural Gas, Forced Air
Cooling
Central Air
Laundry
Main Level

Exterior & parking

Style
Bungalow
Construction
Shingle Siding
Foundation
Block
Private pool
No
Other structures
Shed(s)
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Level
Lot size (acres)
0.08 ac
Lot dimensions
55X59
County
Clinton County
Township
Center
Platted
Yes
Planned unit development
No
Directions
GPS friendly

Schools

Elementary school
Suncrest
Middle school
Frankfort
High school
Frankfort
School district
Community Schools of Frankfort

Taxes & terms

Annual taxes
$709
Tax year
2026
Tax exemptions
Homestead, Supplemental
Listing terms
Cash
Possession
DOC
Parcel number
12-10-11-102-001.000-021

Included in the sale

Included in sale
Microwave,Refrigerator,Water Heater Gas

Utilities

Water
City
Sewer
Public Sewer

Location

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