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

$201,700

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,353 sqft (on 0.27 acres)

853 E Walnut St, Frankfort, IN 46041

Est. Refi. Payment $1,218/mo*
Refinance Your Home
Currently Off Market - Sold Jul 1, 2002 for $65,000

Home Value

Trulia Estimate
$202K
Since last month
Decreased$3K (-1.2%)
Since last year
Increased$6K (+3.2%)
Since last sale
Increased$137K (+210.9%)
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 +118% in the last 10 years
MonthEstimated value
2026
August 2026$202K
July 2026$205K
June 2026$203K
May 2026$204K
April 2026$202K
March 2026$199K
February 2026$195K
January 2026$196K
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
453 E Walnut St, Frankfort, IN
0.24
Multi-Family Home
$70,000
09/05/25
7
4
2,905
658 N Jackson St, Frankfort, IN
0.63
Multi-Family Home
$165,000
01/26/26
4
2
2,516
457 N Main St, Frankfort, IN
0.58
Multi-Family Home
$165,000
11/25/25
5
40
2,302
652 N Gentry St, Frankfort, IN
0.77
Multi-Family Home
$172,000
03/06/26
5
2
-
250-252 W Washington St, Frankfort, IN
0.61
Multi-Family Home
$191,400
12/18/25
3
1
-
258 Main Ave #1-8, Frankfort, IN
0.59
Multi-Family Home
$420,000
12/02/25
6
8
8,234

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
251 S Van Buren St, Frankfort, IN 46041
0.03
$190,400
3
2
1,201
Off Market
308 S Oneil St, Frankfort, IN 46041
0.07
$202,000
3
1.5
1,944
Off Market
858 E Walnut St, Frankfort, IN 46041
0.04
$189,400
3
1
1,304
Off Market
708 E Wabash St, Frankfort, IN 46041
0.08
$169,800
2
1
1,499
Off Market
955 E Walnut St, Frankfort, IN 46041
0.07
$203,800
3
2
1,617
Off Market
956 E South St, Frankfort, IN 46041
0.11
$229,800
3
2
1,354
Off Market
953 E South St, Frankfort, IN 46041
0.13
$185,600
3
1
1,144
Off Market
1008 E Wabash St, Frankfort, IN 46041
0.11
$124,100
1
1
1,184
Off Market
653 E Walnut St, Frankfort, IN 46041
0.13
$210,800
3
2
1,768
Off Market
1004 E South St, Frankfort, IN 46041
0.14
$307,400
3
2
1,634
Recently Sold
1053 E Wabash St, Frankfort, IN 46041
0.14
$305,000
3
2
1,634
Recently Sold
1001 E Clinton St, Frankfort, IN 46041
0.12
$293,200
3
2
1,649
Off Market

Local Information

  • Map ViewExplore the area around 853 E Walnut St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1905
Lot Size
0.27 acres
Living Area
2,353 sqft
Price/Sqft
$86

About this House

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.
853 E Walnut St, Frankfort, IN 46041 is a 3 bedroom, 2 bathroom, 2,353 sqft multi-family built in 1905. It last sold for $65,000 on Jul 1, 2002. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $201,700, with a rent estimate of $1,119/month.

Home Details for 853 E Walnut St

Interior Features

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

Exterior Features

Exterior Home Features
Roof: Asphalt, Shake ShingleExterior: VinylFoundation Type: Crawl RaisedLawnPorch
Parking & Garage
Parking Spaces: 6Parking: Off Street

Property Information

Year Built
Year Built: 1905
Property Type / Style
Property Type: Multi FamilyArchitecture: Queen Anne / Victorian

Lot Information

Lot Area: 0.27 acres

Mobile R/V

RV Parking
Rv Parking

Price and Tax history

DateEventPrice
Jul 20, 2026
Source: N/A
ListingRemoved
Apr 21, 2026
Source: N/A
Listed For Sale
$250,000
May 6, 2023
Source: N/A
ListingRemoved
Apr 7, 2023
Source: N/A
Pending
$150,000
Feb 6, 2023
Source: N/A
Listed For Sale
$150,000

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 853 E Walnut St

  • What is 853 E Walnut St estimated to be worth?
    Trulia's estimated value for 853 E Walnut St in Frankfort, IN is $201,700.
  • What is the price history for 853 E Walnut St?
    853 E Walnut St in Frankfort, IN last sold for $65,000 in July 2002.
  • 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 853 E Walnut St have air conditioning?
    Yes, 853 E Walnut St in Frankfort, IN has air conditioning.
  • Does 853 E Walnut St have laundry facilities?
    Yes, 853 E Walnut St in Frankfort, IN has laundry facilities.

Explore by feature - Air Conditioning

6 rentals with air conditioning in Frankfort, IN

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