$76,000

328 Jay Street, Rochester, IN 46975

  • 4 beds |
  • 1 bath |
  • 2,511 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $30/sqft
  • Property List Date Icon Listed 13 days ago

Property Description

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.

Listing Status:
Active
Date Added:
March 22, 2026
Data Last Updated:
April 4, 2026 at 7:57AM
Listing Office:
Patton Hall Real Estate : 574-267-7501
Listing Agent:
Jeff Owens : 574-527-1387
MLS ID:
202609602
  • Basement: CrawlPartial Basement
  • A/C: Central Air
  • Heating: Gas
  • General: Vinyl
  • Style: TraditionalTwo Story
  • School District: Rochester Community School Corp.
  • Zoning: LOT 627 SHOUPS ADD ( LADY BUG LEARNING CENTER )25-07-91-364-010.010-009
  • Water: City
  • Sewer: City

This listing courtesy of Jeff Owens , Patton Hall Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

George M Riddle Elementary School

302 Barkman St, Rochester, IN, 46975

Grades 3-5

0.09 miles away

R

Rochester Community Middle School

650 Zebra Ln, Rochester, IN, 46975

Grades 6-8

1.03 miles away

R

Rochester Community High School

1 Zebra Ln, Rochester, IN, 46975

Grades 9-12

0.91 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.