853 E Walnut St
Frankfort, IN 46041
3 Beds
2 Baths
2,353 sqft (on 0.27 acres)
3 Beds
2 Baths
2,353 sqft
(on 0.27 acres)
Local Information
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Description
Welcome to this 3-bedroom, 2-bath home offering over 2,300 square feet of space in the heart of Frankfort. Situated in a great neighborhood with sidewalks and just a short walk to Dorner Park, this home is full of opportunity for the right buyer.
Inside, you’ll find a generous layout with large living spaces and plenty of natural light. The home features an unfinished basement and attic, offering ample storage or future expansion possibilities.
One of the standout features is the flexibility of the upstairs—currently set up as a bedroom, but it could easily be converted back into a kitchen to create a duplex setup or finished as a true third bedroom for a single-family layout.
The upstairs bathroom is functional but ready for your personal updates, making this a great opportunity to add value and make it your own.
Enjoy the bonus of an all-seasons room off the back of the home, perfect for a playroom, second living area, or relaxing space year-round.
Major improvements have already been completed, including a new roof in 2023 and a new furnace in 2025, giving peace of mind on big-ticket items.
Outside, the 11,880 sq ft lot provides room to enjoy the outdoors, entertain, or expand your vision.
Whether you’re looking for a spacious single-family home or an investment opportunity, this property offers versatility, location, and potential all in one.
Inside, you’ll find a generous layout with large living spaces and plenty of natural light. The home features an unfinished basement and attic, offering ample storage or future expansion possibilities.
One of the standout features is the flexibility of the upstairs—currently set up as a bedroom, but it could easily be converted back into a kitchen to create a duplex setup or finished as a true third bedroom for a single-family layout.
The upstairs bathroom is functional but ready for your personal updates, making this a great opportunity to add value and make it your own.
Enjoy the bonus of an all-seasons room off the back of the home, perfect for a playroom, second living area, or relaxing space year-round.
Major improvements have already been completed, including a new roof in 2023 and a new furnace in 2025, giving peace of mind on big-ticket items.
Outside, the 11,880 sq ft lot provides room to enjoy the outdoors, entertain, or expand your vision.
Whether you’re looking for a spacious single-family home or an investment opportunity, this property offers versatility, location, and potential all in one.
Home Highlights
Parking
No Info
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
$106
Listed
41 days ago
Home Details for 853 E Walnut St
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Interior Details BasementAtticNumber of Rooms: 9Types of Rooms: Walk In Closet, Dining Room, Family Room, Laundry Room, PantryCeiling Fan |
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2Floors: Carpet, Laminate, Linoleum Vinyl |
Appliances & Utilities Cable ReadyDisposal |
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Exterior Home Features Roof: Asphalt, Shake ShingleExterior: VinylFoundation Type: Crawl RaisedLawnPorch |
Parking & Garage Parking Spaces: 6Parking: Off Street |
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Days on Market: 41 days on Trulia |
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Year Built Year Built: 1905 |
Property Type / Style Property Type: Multi FamilyArchitecture: Queen Anne / Victorian |
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Price Price Per Sqft: $106 |
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Lot Area: 0.27 acres |
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RV Parking Rv Parking |
Price History for 853 E Walnut St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/21/2026 | $250,000 | Listed For Sale | N/A |
| 05/06/2023 | ListingRemoved | N/A | |
| 04/07/2023 | $150,000 | Pending | N/A |
| 02/06/2023 | $150,000 | Listed For Sale | N/A |
| 07/01/2002 | $65,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,867 |
| Assessment | $160,300 |
Home facts updated by county records
Comparable Sales for 853 E Walnut St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.24 | Multi-Family Home | $70,000 | 09/05/25 | 7 | 4 | 2,905 | |
0.63 | Multi-Family Home | $165,000 | 01/26/26 | 4 | 2 | 2,516 | |
0.58 | Multi-Family Home | $165,000 | 11/25/25 | 5 | 40 | 2,302 | |
0.78 | Multi-Family Home | $218,000 | 08/01/25 | 5 | 5 | 2,710 | |
0.77 | Multi-Family Home | $172,000 | 03/06/26 | 5 | 2 | - | |
0.61 | Multi-Family Home | $191,400 | 12/18/25 | 3 | 1 | - | |
0.59 | Multi-Family Home | $420,000 | 12/02/25 | 6 | 8 | 8,234 |
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OFF MARKETJazah J Jones, BerkshireHathaway HS IN Realty, IRMLS
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Assigned Schools
These are the assigned schools for 853 E Walnut St.
- Frankfort Middle School
- 6-8
- Public
- 706 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
- 895 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
- 440 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
- 410 Students
5/10GreatSchools RatingParent Rating AverageLove this school love it children's this school is the besttt overallParent Review4mo ago 
Check out schools near 853 E Walnut St.
What Locals Say about Frankfort
At least 68 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
41 % 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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
This property is for sale by owner and Zillow, Inc. is displaying it at the owner’s request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
853 E Walnut St, Frankfort, IN 46041 is a 3 bedroom, 2 bathroom, 2,353 sqft multi-family built in 1905. This property is currently available for sale and was listed on Apr 21, 2026.