400 E  Walnut St, Frankfort, IN 46041
FOR SALE
NEW - 6 HRS AGO

$34,900

    400 E Walnut St, Frankfort, IN 46041

    Est. Mortgage $280/mo*
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    Home Highlights

    Lot/Land

    Local Information

    • Map ViewExplore the area around 400 E Walnut St.
    • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    66' x 132' Building site near downtown Frankfort. D Residence zoning will allow up to 4 units on the site. Any business or commercial use will require a variance from the City of Frankfort.
    Last check for updates: about 1 hour ago
    Listing courtesy of Alex C Risse, (765) 654-8892
    Risse Realty
    Gregory Risse
    Risse Realty
    Source: IRMLS, MLS#202638479
    Also Listed on IRMLS.

    Home Details for 400 E Walnut St

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available
    Gas & Electric
    Electric: Frankfort Munic. Util.Gas: CenterPoint EnergyHas Electric on Property

    Exterior Features

    Exterior Home Features
    Fencing: None
    Parking & Garage
    Parking: None
    Frontage
    Road Frontage: Road Frontage(State), Road Access(State)Road Surface Type: AsphaltNot on Waterfront
    Water & Sewer
    Sewer: City

    Days on Market

    Days on Market: <1 day on Trulia

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Residential Land
    Building
    Does Not Include Home Warranty
    Property Information
    Usage of Home: ResidentialParcel Number: 121010286012.000021

    Price & Status

    Price
    List Price: $34,900

    Location

    Direction & Address
    City: FrankfortCommunity: None
    School Information
    Elementary School: Blue Ridge / Green MeadowsElementary School District: Community Schools of FrankfortJr High / Middle School: FrankfortJr High / Middle School District: Community Schools of FrankfortHigh School: FrankfortHigh School District: Community Schools of Frankfort

    Agent Information

    Listing Agent
    Listing ID: 202638479

    Lot Information

    Lot Area: 8712 sqft

    Offer

    Listing Terms: Cash

    Miscellaneous

    Mls Number: 202638479Attribution Contact: OFC: 765-654-8892

    What Locals Say about Frankfort

    At least 69 Trulia users voted on each feature.
    • 88 % Say yards are well-kept

    • 84 % Say parking is easy

    • 81 % Say car is needed

    • 80 % Say there are sidewalks

    • 75 % Say it's dog friendly

    • 66 % Say there's holiday spirit

    • 57 % Say kids play outside

    • 54 % Say it's quiet

    • 53 % Say people would walk alone at night

    • 48 % Say neighbors are friendly

    • 44 % Say it's walkable to restaurants

    • 44 % Say streets are well-lit

    • 43 % Say there's wildlife

    • 42 % Say it's walkable to grocery stores

    • 37 % Say they plan to stay for at least 5 years

    • 22 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Crochet Maven
      "Beautiful small farming town. Generations of families still here together gives this community a sense of pride and closeness not found in larger cities."
    • Kenny J.
      "I dont think they wouldnt like living in this neighborhood. Its quiet and people are somewhat friendly"
    • Poodalicious
      "Not many dog owners walk their dogs because of the abundance of feral cats throughout all of Frankfort. Most neighborhoods have nice sidewalks that would support a safe way to walk their dogs."
    • Heather A.
      "It’s a very quiet and nice neighborhood and all other pet owners have their dogs inside the only problem would be the barking of other dogs. "
    • Heather A.
      "They would like that all the other dogs are fenced in and maintained in their yards, however the barking excites other dogs. "
    • Jtlsbejmm47
      "You always see people or walking around with their dogs when it is warmer. There are several different sizes of dogs in our neighborhood, but many dog. Even though there are many dogs they aren't barking constantly. This is a peaceful neighborhood. With low crime. "
    • Sweettear23
      "It’s not bad. It’s quiet but sometimes there’s noise everywhere. It’s a small town so everyone knows each other. Definitely need more stuff for kids around here though"
    • Disappointingrobot
      "people help each other. i was struggling to put on a spare tire in the parking lot of my building. a couple of guys i didn’t know saw me struggling and did it for me. we couldn’t really understand each other—they didn’t speak much english, i speak no spanish—but they still went out of their way to help me out. "
    • Wendy
      "I stay for my kids cause the school is good. That is about the only reason I stay around here...................... "
    • craigunroe
      "Large historic homes nestled arround mature trees. Many homes are setting on the edge of a large creek over looking a park beside a multi. acre woods. Very beautiful area....."

    Market trends in Frankfort

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    65
    2
    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.15
    Lot/Land
    $50,000
    07/14/26
    -
    -
    0.80
    Lot/Land
    $20,000
    05/15/26
    -
    -
    1.42
    Lot/Land
    $55,000
    01/30/26
    -
    -
    1.40
    Lot/Land
    $53,000
    12/12/25
    -
    -
    1.39
    Lot/Land
    $55,000
    01/30/26
    -
    -
    1.41
    Lot/Land
    $55,000
    01/30/26
    -
    -
    1.41
    Lot/Land
    $55,000
    01/30/26
    -
    -
    1.41
    Lot/Land
    $55,000
    01/30/26
    -
    -
    1.42
    Lot/Land
    $55,000
    01/30/26
    -
    -
    1.43
    Lot/Land
    $55,000
    01/30/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    0.04
    $220,300
    4
    2
    2,880
    Off Market
    0.04
    $72,100
    7
    4
    2,905
    Off Market
    0.09
    $245,400
    4
    1.5
    4,664
    Off Market
    0.11
    $167,400
    3
    2
    1,919
    Off Market
    0.13
    $185,000
    4
    2
    2,150
    Recently Sold
    0.14
    $288,100
    4
    3.5
    3,542
    Off Market
    0.13
    $219,900
    4
    2
    4,046
    For Sale
    0.15
    $208,700
    3
    2
    1,768
    Off Market
    0.15
    $650,000
    3
    3.5
    6,590
    For Sale
    0.15
    $50,000
    -
    -
    -
    Recently Sold
    0.15
    $254,700
    4
    1
    1,400
    Off Market

    Price and Tax history

    DateEventPrice
    Sep 17, 2026
    Source: IRMLS #202638479
    Listed For Sale
    $34,900

    LGBTQ Local Legal Protections

    Alex C Risse, Risse Realty
    Agent Phone: (765) 654-8892
    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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    Frequently asked questions about 400 E Walnut St

    • How big is 400 E Walnut St?
      400 E Walnut St in Frankfort, IN is about 0.20 acres (8,712 sq ft).
    • What is the price per acre for 400 E Walnut St?
      400 E Walnut St in Frankfort, IN is listed at $34,900, or about $175K per acre.
    • What do residents say about Frankfort?
      Residents describe Frankfort, IN as well-kept, easy to park in, and pedestrian-friendly. See homes for sale in Frankfort, IN.
    • What are the closest schools to 400 E Walnut St?
      The closest schools to 400 E Walnut St in Frankfort, IN are Blue Ridge Primary Elementary School (Pre-K), Frankfort Middle School (rated 6/10), Frankfort Senior High School (rated 4/10).
    400 E Walnut St, Frankfort, IN 46041 is a lot/land. This property is currently available for sale and was listed by IRMLS on Sep 17, 2026. The MLS # for this home is MLS# 202638479.