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$864,900
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Property Description
Welcome to 408 S. Market St-A Rare Historic Gem with Timeless Character! Built in 1893 by William Francis, a prominent lumber magnate and owner of one of Troy's largest industries, this stately estate showcases the finest wood craftsmanship available at the time, seen throughout every inch of the home. After Francis's passing, business partner F.C. Montross purchased the property & gifted it to his daughter in 1942 as a wedding present. Now, for only the 2nd time in its 133-year history, this remarkable home is being publicly offered for sale. Home is located on 2 lots 1.007 acre park like fenced in yard! Home has loads of quality updates inside & out, total over 500k! Boasting 5,998 square feet, 5 spacious bdrms,3 full+2 half baths, each rich in period details & timeless craftsmanship. From the moment you arrive, outstanding curb appeal+charming front porch invite you in. A grand foyer greets you w hardwood floors, elegant open staircase. The liv&fam rm feature hardwood floors,original pocket doors,crown molding,built-ins, and rich wood trim that reflect the home's storied past. The formal dining rm includes a built-in china hutch, large windows, a classic chandelier--perfect for entertaining historic style. The updated gourmet kitchen offers an island + a spacious breakfast nook, leading to a 17x8 covered back porch--an ideal spot for morning coffee. The home has a large great rm addition & bar area that leads out to a new amazing covered porch w built ins +f/p. The 2nd floor offers five bdrms, including a Jack-and-Jill bathroom setup and a private owner's suite with its own luxury bath. The walk-up 3rd floor is perfect for storage, converted into a game/rec rm. Fin Basement storage, workout rm, workshop + wine rm. Outside, the large beautifully landscaped lot includes a carriage house, covered rear porch & patio This extraordinary property combines historic significance, architectural beauty, and modern potential--all in a prime location in the heart of Troy. WOW
Full Property Details
Full Property Details for 408 S Market St
General
- Price: $864,900
- Taxes: $2,461 (2024)
- Status: Active
- Type: Single Family
- Source: 507
- MLS ID: 1038663
- Updated: 11/7/2025
- Added to Site: 248 day(s) ago
Interior
- Interior Features: Cathedral Ceiling(s), Security System, Ceiling Fan(s)
- Fireplace(s): Decorative, Three or More, Inoperable
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
- Primary Bedroom: Level 2
- Bedroom 1: Level 2
- Bedroom 2: Level 2
- Bedroom 3: Level 2
- Bedroom 4: Level 2
Other Rooms
- Living Room: Level 1
- Great Room: Level 1
- Family Room: Level 1
- Kitchen: Level 1
- Dining Room: Level 1
- Breakfast Room: Level 1
- Extra Room 3: Level 1
Exterior
- Exterior Features: Deck, Porch, Patio, Fenced
Location
- County: Miami
- Subdivision: Troy
- Neighborhood: Troy
- Driving Directions: Follow St. Rt. 55 to S. Market St., home will be on the left.
School Information
- School District: 5509 Troy CSD
Heating & Cooling
- Cooling Type: Central Air, Window Unit(s)
- Heating Type: Natural Gas, Radiant
Utilities
- Sewer: Public Sewer
- Water: Supplied Water
Structural Information
- Architectural Style: Historic
- Exterior Const.: Brick, Wood Siding, Other
- Square Feet: 5,998
- Finished Total: 5,998 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 1.01
- Zoning: Residential
Financial Considerations
- Tax Amount: $2,461
- Tax Year: 2024
Disclosures and Reports
- Property ID: D08023560
Listed by Lisa A. Nishwitz
Get Pre-Approved Today
Schools
Schools serving 408 S Market St
School District:Troy City School District
| Name | Grades | Distance |
|---|---|---|
Kyle Elementary School 501 South Plum Street, Troy, OH 45373 | K-5 | 0.1 mi |
Van Cleve Elementary School 617 East Main Street, Troy, OH 45373 | 6- | 0.5 mi |
Troy Junior High School 556 Adams Street, Troy, OH 45373 | 7-8 | 1 mi |
Troy High School 151 West Staunton Road, Troy, OH 45373 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 408 S Market St
Date
Details
Price
Change
Source
9/30/2025
Price Reduced
$864,900
-1.7%
MLS
7/16/2025
Price Reduced
$879,900
-2.22%
MLS
5/14/2025
Listed
$899,900
271.86%
MLS
1/14/2013
Sold
$242,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 408 S Market St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,957
2%
$130,590
—
2023
$4,840
45%
$130,590
30%
2021
$3,348
-19%
$100,450
-23%
2022
$4,123
23%
$130,590
30%
2020
$3,348
-1%
$100,450
—
2019
$3,378
16%
$100,450
20%
2018
$2,918
-1%
$83,410
—
2017
$2,947
2%
$83,410
—
2016
$2,900
3%
$83,410
8%
2015
$2,802
—
$77,210
—
2014
$2,800
-3%
$77,210
—
2013
$2,898
—
$77,210
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 408 S Market St
408 S Market Street, Troy, OH 45373 (MLS# 1038663) is a Single Family property with 5 bedrooms, 3 full bathrooms and 1 partial bathroom. 408 S Market Street is currently listed for $864,900 and was received on May 14, 2025. Want to learn more about 408 S Market Street? Do you have questions about finding other Single Family real estate for sale in Troy? You can browse all Troy real estate or contact a Coldwell Banker agent to request more information.

