508 E  Walnut St, Frankfort, IN 46041
OFF MARKET

508 E Walnut St
Frankfort, IN 46041

  • 4 Beds
  • 2 Baths
  • 1,843 sqft

$204,200

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $1,235/mo*

$204,200

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $1,235/mo*
4 Beds
2 Baths
1,843 sqft

Home Value

Trulia Estimate
$204K
Since last month
Decreased$5K (-2.5%)
Since last year
Increased$14K (+7.2%)
Since last sale
Increased$170K (+541%)
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 +112% in the last 10 years
MonthEstimated value
2026
August 2026$202K
July 2026$202K
June 2026$207K
May 2026$205K
April 2026$201K
March 2026$199K
February 2026$197K
January 2026$194K
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
0.09
Single-Family Home
$185,000
05/01/26
4
2
2,150
0.29
Single-Family Home
$163,500
03/10/26
3
2
1,894
0.20
Single-Family Home
$190,000
05/01/26
4
2
1,923
0.44
Single-Family Home
$50,000
08/12/26
3
1.5
2,405
0.18
Single-Family Home
$250,000
04/17/26
4
2
2,304
0.26
Single-Family Home
$118,000
07/02/26
3
1.5
1,843
0.28
Single-Family Home
$210,000
07/06/26
4
2
2,328
0.30
Single-Family Home
$285,000
09/08/25
3
2
1,649
0.41
Single-Family Home
$188,000
05/20/26
3
2
1,783
0.53
Single-Family Home
$115,000
09/24/25
3
2
1,720

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
0.05
$222,600
4
2
2,880
Off Market
0.06
$71,800
7
4
2,905
Off Market
0.05
$244,500
4
1.5
4,664
Off Market
0.09
$208,100
3
2
1,768
Off Market
0.09
$185,000
4
2
2,150
Recently Sold
0.11
$119,600
3
2
1,919
Off Market
0.15
$286,800
4
3.5
3,542
Off Market
0.12
-
9
9
5,026
Off Market
0.14
$167,400
2
1
1,499
Off Market
0.17
$227,500
4
2
1,879
Off Market
0.14
$219,500
3
2
1,708
Off Market
0.15
$165,000
3
1.5
2,247
For Sale

Local Information

  • Map ViewExplore the area around 508 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
1890
Living Area
1,843 sqft
Price/Sqft
$111

About this House

This single-family home is located at 508 E Walnut St, Frankfort, IN. 508 E Walnut St is in Frankfort, IN and in ZIP code 46041. This property has 4 bedrooms, 2 bathrooms and approximately 1,843 sqft of floor space. This property has a lot size of 9148 sqft and was built in 1890.
508 E Walnut St, Frankfort, IN 46041 is a 4 bedroom, 2 bathroom, 1,843 sqft single-family home built in 1890. It last sold for $31,500 on May 18, 2004. It is currently off market. The Trulia Estimate is $204,200, with a rent estimate of $1,677/month.

Home Details for 508 E Walnut St

Interior Features

Interior Details
BasementNumber of Rooms: 7Types of Rooms: Family Room
Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1.5
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised

Property Information

Year Built
Year Built: 1890
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 9240 sqft

Price and Tax history

DateEventPrice
May 18, 2004
Source: MIBOR as distributed by MLS GRID #2332905
Sold
$31,500
Jun 2, 2000
Source: N/A
Sold
$38,963

Market trends in Frankfort

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

LGBTQ Local Legal Protections

Homes for sale near 508 E Walnut St

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Off Market Homes Near 508 E Walnut St

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Frequently asked questions about 508 E Walnut St

  • What is 508 E Walnut St estimated to be worth?
    Trulia's estimated value for 508 E Walnut St in Frankfort, IN is $204,200.
  • What is the price history for 508 E Walnut St?
    508 E Walnut St in Frankfort, IN last sold for $31,500 in May 2004.
  • 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 508 E Walnut St have air conditioning?
    Yes, 508 E Walnut St in Frankfort, IN has air conditioning.
  • How big is the lot at 508 E Walnut St?
    The lot at 508 E Walnut St in Frankfort, IN is about 0.21 acres (9,148 sq ft).