502 E Walnut St, Frankfort, IN 46041
Property image
Property image
OFF MARKET

$243,700

Trulia Estimate
  • 4 Beds
  • 2.5 Baths
  • 2,333 sqft

502 E Walnut St, Frankfort, IN 46041

Est. Refi. Payment $1,456/mo*
Refinance Your Home
Currently Off Market - Sold Mar 16, 2020 for $1,280

Home Value

Trulia Estimate
$244K
Since last month
Increased$2K (+1%)
Since last year
Increased$8K (+3.4%)
Since last sale
Increased$243K (+18,946.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +212% in the last 10 years
MonthEstimated value
2026
August 2026$244K
July 2026$241K
June 2026$246K
May 2026$243K
April 2026$242K
March 2026$238K
February 2026$235K
January 2026$233K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
507 E Washington St, Frankfort, IN
0.11
Single-Family Home
$185,000
05/01/26
4
2
2,150
255 N East St, Frankfort, IN
0.20
Single-Family Home
$250,000
04/17/26
4
2
2,304
258 E South St, Frankfort, IN
0.19
Single-Family Home
$225,000
09/23/25
4
2.5
3,016
457 S Jackson St, Frankfort, IN
0.26
Single-Family Home
$210,000
07/06/26
4
2
2,328
650 Glendale Dr, Frankfort, IN
0.32
Single-Family Home
$219,000
07/06/26
3
2
2,280
554 S Clay St, Frankfort, IN
0.24
Single-Family Home
$118,000
07/02/26
3
1.5
1,843
209 Main Ave, Frankfort, IN
0.42
Single-Family Home
$50,000
08/12/26
3
1.5
2,405
601 S Clay St, Frankfort, IN
0.27
Single-Family Home
$163,500
03/10/26
3
2
1,894
855 E Washington St, Frankfort, IN
0.24
Single-Family Home
$185,000
05/15/26
3
1.5
1,656
855 E Boone St, Frankfort, IN
0.30
Single-Family Home
$313,000
06/12/26
4
2
1,064

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
453 E Clinton St, Frankfort, IN 46041
0.05
$224,100
4
2
2,880
Off Market
453 E Walnut St, Frankfort, IN 46041
0.05
$72,100
7
4
2,905
Off Market
555 E Walnut St, Frankfort, IN 46041
0.04
$244,500
4
1.5
4,664
Off Market
653 E Walnut St, Frankfort, IN 46041
0.09
$210,800
3
2
1,768
Off Market
507 E Washington St, Frankfort, IN 46041
0.11
$185,000
4
2
2,150
Recently Sold
405 E Washington St #1, Frankfort, IN 46041
0.12
$136,300
3
2
1,919
Off Market
358 S Clay St, Frankfort, IN 46041
0.13
$288,100
4
3.5
3,542
Off Market
659 E Washington St, Frankfort, IN 46041
0.14
-
9
9
5,026
Off Market
708 E Wabash St, Frankfort, IN 46041
0.14
$169,800
2
1
1,499
Off Market
400 S Clay St, Frankfort, IN 46041
0.15
$227,500
4
2
1,879
Off Market
59 N East St, Frankfort, IN 46041
0.16
$220,400
3
2
1,708
Off Market
300 E South St, Frankfort, IN 46041
0.17
$230,000
4
2
4,046
For Sale

Local Information

  • Map ViewExplore the area around 502 E Walnut St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1910
Living Area
2,333 sqft
Price/Sqft
$104
Parking
Garage

About this House

There is a lot to like in this large traditional 2 story home! Starting with 4 good sized bedrooms and 2.5 baths, this home also offers a large entry foyer with beautiful wood finishes and a big living room with fireplace. Beautiful kitchen with granite counter tops and stainless steel range, refrigerator and dishwasher. Upper level and main level laundry hook-ups. Large attic room is adaptable for may uses. High efficiency gas furnace is just 2 years old and central air is new this summer. Updated 200 amp electrical service. Covered front porch and detached 1.5 car garage.
502 E Walnut St, Frankfort, IN 46041 is a 4 bedroom, 3 bathroom, 2,333 sqft single-family home built in 1910. It last sold for $1,280 on Mar 16, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $243,700, with a rent estimate of $1,941/month.

Home Details for 502 E Walnut St

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: Single Family Home

Interior Features

Interior Details
Number of Rooms: 9Types of Rooms: Family Room
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Lot Information

Lot Area: 6098 sqft

Price and Tax history

DateEventPrice
Mar 16, 2020
Source: N/A
Sold
$1,280
Aug 28, 2017
Source: Agent Provided
ListingRemoved
$84,900
Aug 18, 2017
Source: Agent Provided
Listed For Sale
$84,900
Sep 14, 1998
Source: N/A
Sold
$65,000

Market trends in Frankfort

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$218K
$6.02KMoM
Sale-to-List Price
—
Price per sq ft
$145
$13MoM
Available listings
67
3MoM

Around this home

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."
    0
    Flag
  • Kenny J.
    "I dont think they wouldnt like living in this neighborhood. Its quiet and people are somewhat friendly"
    0
    Flag
  • 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."
    4
    Flag
  • 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. "
    2
    Flag
  • Heather A.
    "They would like that all the other dogs are fenced in and maintained in their yards, however the barking excites other dogs. "
    3
    Flag
  • 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. "
    1
    Flag
  • 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"
    4
    Flag
  • 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. "
    1
    Flag
  • Wendy
    "I stay for my kids cause the school is good. That is about the only reason I stay around here...................... "
    1
    Flag
  • 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....."
    6
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 502 E Walnut St

  • What is 502 E Walnut St estimated to be worth?
    Trulia's estimated value for 502 E Walnut St in Frankfort, IN is $243,700.
  • What is the price history for 502 E Walnut St?
    502 E Walnut St in Frankfort, IN last sold for $1,280 in March 2020.
  • Is Frankfort a buyer's or seller's market?
    Frankfort is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Frankfort?
    The median sale price in Frankfort is $218K. That is down $6.02K from the prior month.
  • Does 502 E Walnut St have air conditioning?
    Yes, 502 E Walnut St in Frankfort, IN has air conditioning.
  • How big is the lot at 502 E Walnut St?
    The lot at 502 E Walnut St in Frankfort, IN is about 0.14 acres (6,098 sq ft).

Explore by feature - Air Conditioning

6 rentals with air conditioning in Frankfort, IN

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