453 E Walnut St
Frankfort, IN 46041
7 Beds
4 Baths
2,905 sqft
7 Beds
4 Baths
2,905 sqft
Local Information
- Map ViewExplore the area around 453 E Walnut St.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1890
Living Area
2,905 sqft
Price/Sqft
$25
Parking
4 Parking Spaces
Description
Huge investment opportunity with a clean slate to make it exactly how you want it. Come see this very large fourplex very close to downtown Frankfort. This complex has a three bedroom unit, a one bedroom unit and two of the two bedroom units as it is and ready for someone to bring it back to life! There is a lot of potential for some real cashflow with this property for the right savvy investor. This property for sale AS-IS cash only.
453 E Walnut St, Frankfort, IN 46041 is a 7 bedroom, 4 bathroom, 2,905 sqft multi-family built in 1890. It last sold for $70,000 on Sep 5, 2025 (30% below the $100,000 asking price). It is currently off market. The Trulia Estimate is $72,000, with a rent estimate of $1,215/month.
Home Details for 453 E Walnut St
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MLS Status: Closed |
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Interior Details Basement: Partial,Brick |
Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 2905 Square Feet |
Heating & Cooling Heating: NoneNo CoolingAir Conditioning: NoneNo Heating |
Gas & Electric Electric: Frankfort Munic. Util.Gas: CenterPoint Energy |
Windows, Doors, Floors & Walls Flooring: Part Carpet, Wood, Vinyl |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Part Carpet, Wood, Vinyl |
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Exterior Home Features Roof: ShingleOther Structures: None |
Parking & Garage No GarageParking Spaces: 4Parking: Gravel |
Frontage Not on Waterfront |
Water & Sewer Sewer: City |
Finished Area Finished Area (above surface): 2905 Square Feet |
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Year Built Year Built: 1890 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex |
Building Construction Materials: MasoniteNot a New ConstructionDoes Not Include Home Warranty |
Property Information Included in Sale: Building, LandParcel Number: 121010289003.000021 |
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Price List Price: $100,000 |
Status Change & Dates Off Market Date: Wed Aug 27 2025 |
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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 |
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Building Area Building Area: 2905 Square Feet |
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Lot Area: 7405.2 sqft |
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Listing Terms: Cash |
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Expense Tenant Pays: Other |
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Owner Pays: Other |
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BasementMls Number: 202527112Above Grade Unfinished Area: 2905 |
Last check for updates: 1 day ago
Listed by Scott Irons, (765) 670-9220
Snyder Strategy Realty, Inc
Bought with: Scott Irons, (765) 670-9220, Snyder Strategy Realty, Inc
Source: IRMLS, MLS#202527112
Price History for 453 E Walnut St
| Date | Price | Event | Source |
|---|---|---|---|
| 09/05/2025 | $70,000 | Sold | IRMLS #202527112 |
| 08/28/2025 | $100,000 | Pending | IRMLS #202527112 |
| 08/13/2025 | $100,000 | PriceChange | IRMLS #202527112 |
| 08/08/2025 | $130,000 | Pending | IRMLS #202527112 |
| 07/23/2025 | $130,000 | PendingToActive | IRMLS #202527112 |
| 07/16/2025 | $130,000 | Pending | IRMLS #202527112 |
| 07/12/2025 | $130,000 | Listed For Sale | IRMLS #202527112 |
Market trends in Frankfort
Last updated June 2026
Avg. sale price
$233K
$8.86KMoM
Sale-to-List Price
98.1%
0.4%MoM
Price per sq ft
$136
$1MoM
Available listings
70
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,251 |
| Assessment | $116,400 |
Home facts updated by county records
Comparable Sales for 453 E Walnut St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.54 | Multi-Family Home | $218,000 | 08/01/25 | 5 | 5 | 2,710 | |
0.40 | Multi-Family Home | $165,000 | 11/25/25 | 5 | 40 | 2,302 | |
0.42 | Multi-Family Home | $420,000 | 12/02/25 | 6 | 8 | 8,234 | |
0.58 | Multi-Family Home | $172,000 | 03/06/26 | 5 | 2 | - | |
0.37 | Multi-Family Home | $191,400 | 12/18/25 | 3 | 1 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
OFF MARKETTrueblood Real Estate, Sold
OFF MARKETReal Broker, LLC, Sold
OFF MARKETKarina Hernandez, Trueblood Real Estate, IRMLS
OFF MARKETBatts Real Estate Group, Sold
SOLDSEP 23, 2025Jazah J Jones, BerkshireHathaway HS IN Realty, IRMLS
OFF MARKETJazah J Jones, BerkshireHathaway HS IN Realty, IRMLS
OFF MARKETKeller Williams Indpls Metro N, Sold
OFF MARKETKeller Williams Indy Metro NE, Sold
OFF MARKETEmily Cary, Keller Williams Realty Group, IRMLS
SOLDJUL 14, 2026Chuck W Oldfather, Carriger Oldfather Realty, Inc, IRMLS
OFF MARKETKiersten Hoffman, Find Your Bliss Real Estate, IRMLS
Assigned Schools
These are the assigned schools for 453 E Walnut St.
- Frankfort Middle School
- 6-8
- Public
- 654 Students
7/10GreatSchools RatingParent Rating AverageI'm a student at FMS. We have several outstanding teachers, but several really lousy ones too. Our test scores are really kind of lacking, but that's just because about 75% of the kids don't care about their work. It's obnoxious, really, to those of us who choose to take our education seriously. No teacher can make a student try unless the student wants to try, and most of the students here just don't want to. If you come in, though, with a good attitude and willing to apply yourself, you can thrive.Other Review15y ago - Frankfort Senior High School
- 9-12
- Public
- 922 Students
3/10GreatSchools RatingParent Rating AverageAs a teacher here I see a lot of kids that want to be here and get an education. I also see a lot of kids that are more concerned with sports, and you tube, or games on their phones than their education. This page measures the state standards based on how each school is doing, but it doesnt judge those students that dont want another test, or arent interested in college, or AP, or the SAT. Those students are the reason FHS ranks lower in those stats, but that doesnt mean FHS is a bad school or under performing. It just means in this cycle, under those stats, that is how our sstudent population is doing. We as teachers can advise, and try to educate our kids, but if they arent interested in what we are teaching it doesnt matter. For my subject, I reach out to a lot of my kids parents, and I really get very few that respond back. It also shows up during Parent/Teacher conference. Very few of my kids/parents come to the conference. That is also an aspect not measured. If you are looking for facts, make sure you check all of them, not just a few.Teacher Review2y ago - Blue Ridge Primary Elementary School
- PK-2
- Public
- 456 Students
NAGreatSchools RatingParent Rating AverageI love this School, My daughter is in Kindergarten, she has learned so much this year already, she is excited to get up and go to school in the mornings. All the teachers are so patient with all the kids. I love how I get to be apart of school activities if I want to be. I would love for my youngest daughter to go to Blue Ridge Elementary as well.Parent Review12y ago - Green Meadows Intermediate Elementary
- 3-5
- Public
- 395 Students
5/10GreatSchools RatingParent Rating AverageLove this school love it children's this school is the besttt overallParent Review5mo ago 
Check out schools near 453 E Walnut St.
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.
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NEW CONSTRUCTIONJohn Brannan, Epique Inc., IRMLS
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Off Market Homes Near 453 E Walnut St
- SOLDJUL 14, 2026Chuck W Oldfather, Carriger Oldfather Realty, Inc, IRMLS
SOLDJUN 24, 2026Elizabeth Hobbs, Keller Williams Lafayette, IRMLS
SOLDMAY 29, 2026Charna J Virtue, BerkshireHathaway HS IN Realty, IRMLS
SOLDMAY 14, 2026Michael Clark, F.C. Tucker/Shook, IRMLS
SOLDAPR 30, 2026Matthew Brown, Tom Hayes Realty, IRMLS
SOLDAPR 10, 2026Leonard Wilson, Weichert Realtors Len Wilson, IRMLS
SOLDAPR 3, 2026Miguel Lagunes, Keller Williams Lafayette, IRMLS- SOLDFEB 9, 2026
SOLDJAN 30, 2026Charna J Virtue, BerkshireHathaway HS IN Realty, IRMLS- See more homes for sale inFrankfort
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.