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Frankfort

Frankfort

Located in Clinton County

$192,769 Average Value
$130 Average Price per Sq Ft
30 Homes For Sale

A small city with historic architecture and employment opportunities

Frankfort, Indiana is a small city of nearly 17,000 people is located less than 50 miles northwest of Indianapolis. Frankfort's downtown is home to historic buildings, with the most iconic being "Old Stoney," a former 1892 sandstone schoolhouse that resembles a castle, turret and all. Today, the Clinton County Historical Society and Museum, as well as some city government offices call Old Stoney home. In the distance, the Clinton County Courthouse's dome and clock are also visible, while a short walk down Main Street produces walls of murals depicting this city's colorful past. Once known as the "gem city" for its bright lights during the introduction of electricity, today, Frankfort is better known for its role in manufacturing. The city is home to two Frito-Lay plants, which jointly employ more than 1,300 people, as well as the Donaldson Company, an air filter supplier, that adds around 400 jobs to the local workforce.

Frankfort's downtown is home to historic buildings, with the most iconic being
Frankfort's downtown is home to historic buildings, with the most iconic being "Old Stoney," a former 1892 sandstone schoolhouse that resembles a castle, turret and all.
Frankfort is home to two Frito-Lay plants, which jointly employ more than 1,300 people.
Frankfort is home to two Frito-Lay plants, which jointly employ more than 1,300 people.
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Frankfort offers affordable housing below the national median

Many neighborhoods in Frankfort are laid out in neat grid patterns, starting from the center of town, and stretching though the outer streets. The farther from city center, the more organic the road shapes become. There’s a range of housing options here, from Victorian-era homes to new builds, plus Queen Annes, brick Federal-styles, cottages and bungalows. The median home price in Frankfort is about $200,000, which is well below the national median. Smaller homes, like bungalows with a footprint of less than 1,000 square feet, may sell for around $160,000, while homes twice as big may go for around $340,000. Crime in Frankfort is overall lower than the national average.

Frankfort has a range of housing options, from Victorian-era homes to new builds, plus Queen Annes, brick Federal-styles, cottages and bungalows.
Frankfort has a range of housing options, from Victorian-era homes to new builds, plus Queen Annes, brick Federal-styles, cottages and bungalows.
The median home price in Frankfort is about $200,000, which is well below the national median.
The median home price in Frankfort is about $200,000, which is well below the national median.
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Frankfort schools earn a C rating

Frankfort students are part of the Community Schools of Frankfort district, which earns a C rating on Niche. There are three elementary schools, one middle school and one high school. The district’s student-teacher ratio is 15:1. There’s also an Ivy Tech Community College campus in Frankfort, which is a public community college system in Indiana.

There’s an Ivy Tech Community College campus in Frankfort, which is a public community college system in Indiana.
There’s an Ivy Tech Community College campus in Frankfort, which is a public community college system in Indiana.
Frankfort Senior High School receives an overall Niche grade of C+.
Frankfort Senior High School receives an overall Niche grade of C+.
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Annual festivals celebrate Hispanic community, hot dogs

There are two big annual festivals in Frankfort – The Hot Dog Festival and the Hispanic Heritage Festival. The Hot Dog Festival features a hot dog eating contest, live entertainment on three stages, a street vault and BMX shows. Plus, there’s a dachshund race, as well as prizes for the longest and shortest dachshund – the high school’s mascot is also a dachshund. “The town mascot is a hot dog,” Hundley says. “It’s very silly, and everyone likes to go around and find the mascot and take their picture with Frankie.”
The Hispanic Heritage Festival honors Frankfort's multicultural population. “I see different cultures working together and supporting each other, here,” says Hundley. The festival features live music, dancing, traditional outfits, a flag parade and plenty of vendors. “There’s really good food and food trucks,” Hundley says. “It’s become a nice cultural event that people are excited for.”

Smaller neighborhood parks and big petting zoos in Frankfort

Frankfort has no shortage of green spaces. For those looking to get outdoors, there are a handful of small neighborhood parks like Circle Park, which has a playground and basketball court, and Dorner Park, which has a gazebo, playground and horseshoe pits. Larger city parks like TPA Park, offer a pool, baseball diamonds, tennis, basketball, horseshoe and volleyball courts, plus a petting zoo with a wide variety of animals. The parks are popular despite the weather, with summers in Frankfort being hot and humid, and winters cold and snowy. This area is also at risk of tornadoes, though the storms tend not to be as frequent or intense as in Tornado Alley states.

Frankfort's TPA Park has multiple pickleball courts.
Frankfort's TPA Park has multiple pickleball courts.
Many neighborhood children are within walking distance to Frankfort's Circle Park.
Many neighborhood children are within walking distance to Frankfort's Circle Park.
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No shortage of Mexican grocers, restaurants in Frankfort

Due in part to the large Hispanic community in Frankfort, there are an abundance of Mexican restaurants and markets to visit. Fresitas is an artisan ice cream shop downtown that also serves Mexican desserts like churros and paletas, plus entrees like tortas and elote. Tienda Michocan is a Mexican grocery store that sells fresh meat, produce and a variety of grocery items. Frankfort also has a barbecue restaurant, a few pizza spots, and assorted cafes. For groceries, there’s a Walmart and an Aldi.

For groceries Frankfort residents head to Walmart.
For groceries Frankfort residents head to Walmart.
Frankfort's Tienda Michocan is a Mexican grocery store that sells fresh meat, produce and a variety of grocery items.
Frankfort's Tienda Michocan is a Mexican grocery store that sells fresh meat, produce and a variety of grocery items.
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State highway connects Frankfort drivers to Indianapolis

State Highway 39, which connects drivers to Indianapolis, runs through Frankfort. The nearest commercial airport is Indianapolis International Airport, 50 miles away. IU Health Frankfort Hospital, which is partnered with the Indiana University School of Medicine, is located right in the city.

Written By
Tanner Harding
Travis Patton
Photography Contributed By
Travis Patton
Joshua Kassabian
Video By
Joshua Kassabian

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Frankfort Housing Trends

Housing Trends

Median List Price
$219,450
Median Sale Price
$195,000
Median Single Family Sale Price
$203,000
Median Townhouse Sale Price
$220,950
Median 2 Bedroom Sale Price
$295,000
Median Change From 1st List Price
5%
Last 12 months Home Sales
191
Median Home Sale Price YoY Change
8%
Average Price Per Sq Ft
$130

Area Facts

Number of Homes
5,145
Number of Homes for Sale
30
Median Year Built
1940
Months of Supply
1.90
Average Single Family Home Size Sq Ft
1,569
Below the national average
1,929
Average Townhouse Size Sq Ft
2,171
Average 2 Bedroom Size Sq Ft
1,800
Median Lot Size Sq Ft
7,405

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Frankfort Has More Owners

Demographics

Total Population
17,262
Median Age
35
Population under 18
29.7%
Above the national average
23.8%
Population over 65
16.2%
On par with the national average
19.1%

Finances

Median Household Income
$48,724
Significantly below the national average
$79,601
Average Household Income
$60,499

Education and Workforce

High School Graduates
79.8%
College Graduates
11.9%
Below the national average
34.1%
Advanced Degrees
4%
Below the national average
13.3%
% Population in Labor Force
65.8%

Weather

Annual Precipitation
41''
Average Winter Low Temperature
19°F
Average Summer High Temperature
83°F
Annual Snowfall
16''

Area Factors

Somewhat Bikeable

Bike Score®®

48 / 100

Somewhat Walkable

Walk Score®®

64 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Frankfort