554 Outer Dr, Frankfort, IN 46041
Property image
Property image
OFF MARKET

554 Outer Dr
Frankfort, IN 46041

  • 4 Beds
  • 1.5 Baths
  • 1,536 sqft

$225,800

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,358/mo*
Refinance Your Home

$225,800

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,358/mo*
Refinance Your Home
4 Beds
1.5 Baths
1,536 sqft

Home Value

Trulia Estimate
$226K
Since last month
Increased$300 (+0.1%)
Since last year
Increased$8K (+3.5%)
Since last sale
Increased$111K (+96.3%)
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 +158% in the last 10 years
MonthEstimated value
2026
August 2026$226K
July 2026$226K
June 2026$226K
May 2026$225K
April 2026$224K
March 2026$222K
February 2026$218K
January 2026$216K
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
359 Center Dr, Frankfort, IN
0.11
Single-Family Home
$198,000
01/22/26
3
1
1,248
654 N Crescent Dr, Frankfort, IN
0.17
Single-Family Home
$135,000
01/30/26
3
1
1,008
751 Center Dr, Frankfort, IN
0.09
Single-Family Home
$170,000
01/30/26
3
1
925
1758 E Clinton St, Frankfort, IN
0.23
Single-Family Home
$190,000
12/31/25
3
1
1,548
261 N Crescent Dr, Frankfort, IN
0.16
Single-Family Home
$100,000
04/30/26
2
1
1,083
600 N Crescent Dr, Frankfort, IN
0.18
Single-Family Home
$190,000
03/02/26
3
1
1,152
252 S Crescent Dr, Frankfort, IN
0.28
Single-Family Home
$200,000
10/09/25
3
1.5
1,466
2259 Redbud Blvd, Frankfort, IN
0.44
Single-Family Home
$220,000
05/29/26
4
2
1,530
1855 Goder Ct, Frankfort, IN
0.34
Single-Family Home
$90,000
02/09/26
3
1
1,152
509 N Crescent Dr, Frankfort, IN
0.16
Single-Family Home
$206,200
10/10/25
3
1
816

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
1955 E Washington Ct, Frankfort, IN 46041
0.04
$169,400
3
1
1,156
Off Market
2105 Washington Dr, Frankfort, IN 46041
0.03
$215,100
3
1.5
1,504
Off Market
2101 Washington Dr, Frankfort, IN 46041
0.03
$219,500
3
1
1,656
Off Market
401 Clinton Dr, Frankfort, IN 46041
0.11
$211,700
3
1.5
1,115
Off Market
801 Center Dr, Frankfort, IN 46041
0.08
$224,500
3
1
1,450
Off Market
809 Center Dr, Frankfort, IN 46041
0.08
$195,600
3
1
1,488
Off Market
751 Center Dr, Frankfort, IN 46041
0.09
$170,000
3
1
925
Recently Sold
359 Center Dr, Frankfort, IN 46041
0.11
$198,000
3
1
1,248
Recently Sold
404 Center Dr, Frankfort, IN 46041
0.13
$208,800
3
2
1,293
Off Market
550 Center Dr, Frankfort, IN 46041
0.13
$199,900
3
1
864
Off Market
608 Center Dr, Frankfort, IN 46041
0.13
$180,000
3
1
900
Recently Sold
261 N Crescent Dr, Frankfort, IN 46041
0.16
$100,000
2
1
1,083
Recently Sold

Local Information

  • Map ViewExplore the area around 554 Outer Dr.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1963
Living Area
1,536 sqft
Price/Sqft
$147
Parking
Garage

About this House

Well cared for 4 bedrooms, 1.5 bath home with 1 car attached garage. This home has been immaculately maintained and features living and family room, dining area, and fenced yard! This one is a must see!
554 Outer Dr, Frankfort, IN 46041 is a 4 bedroom, 2 bathroom, 1,536 sqft single-family home built in 1963. It last sold for $115,000 on Mar 27, 2019. It is currently off market. The Trulia Estimate is $225,800, with a rent estimate of $1,677/month.

Home Details for 554 Outer Dr

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
AtticNumber of Rooms: 5
Appliances & Utilities
MicrowaveRefrigerator

Exterior Features

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

Property Information

Year Built
Year Built: 1963
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 7200 sqft

Price and Tax history

DateEventPrice
Jan 9, 2022
Source: IRMLS #202152305
Pending
$164,900
Dec 30, 2021
Source: IRMLS #202152305
Listed For Sale
$164,900
Mar 27, 2019
Source: N/A
Sold
$115,000
Feb 27, 2019
Source: Agent Provided
Listed For Sale
$110,000

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
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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."
    3
    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

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Apartments for Rent

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Homes for sale near 554 Outer Dr

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Off Market Homes Near 554 Outer Dr

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Frequently asked questions about 554 Outer Dr

  • What is 554 Outer Dr estimated to be worth?
    Trulia's estimated value for 554 Outer Dr in Frankfort, IN is $225,800.
  • What is the price history for 554 Outer Dr?
    554 Outer Dr in Frankfort, IN last sold for $115,000 in March 2019.
  • 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 554 Outer Dr have air conditioning?
    Yes, 554 Outer Dr in Frankfort, IN has air conditioning.
  • How big is the lot at 554 Outer Dr?
    The lot at 554 Outer Dr in Frankfort, IN is about 0.17 acres (7,200 sq ft).