$230,000
SOLD OCT 8, 2025

1501 E Walnut St Frankfort, IN 46041

3 Beds
1 Bath
1,176 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$196 Per Sq Ft

152 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Porch
  • Bathtub with Shower
  • Wood Fence

About This Home

As of October 2025

Great new listing that is move-in ready, just bring your belongings and furniture, and you're good to go! The landscaping on this one is second to none, when you walk into this backyard you will not want to leave. Everything has been gone over in this home, this is the list of items that have been added on or replaced in the last two years. Roof, Air conditioner, blacktop drive way, Chamberlain garage door opener, Windows in the garage, new storm doors front and back, Kitchen backsplash, Carpet in the living room, Faucets in the Kitchen and bathroom, and shower curtains. There has also been $2000 in electrical upgrades and new lighting in the dining room. Don't miss this one, it's a real good one!

Last Agent to Sell the Property

Scott Irons

Snyder Strategy Realty, Inc Listed on: 04/08/2025

Last Buyer's Agent

Sherry Cole

Keller Williams Lafayette

Keller Williams Lafayette

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,858

Year Built

  • Built in 1956

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 66 x 120
  • Wood Fence
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • 1,176 Sq Ft Home
  • Ranch Style House
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Gas Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Schools

  • Blue Ridge / Green Meadows Elementary School
  • Frankfort Middle School
  • Frankfort High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 12-10-11-257-010.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,858

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1956
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT:50,51 DIST:0001 CITY/MUNI/TWP:CENTER TOWNSHIP 016-12097-00 LOT 50 & E 1/2 LOT 51 KELLEY ADD 4031-4032-B MAP REF:MP 016-53-044
  • Parcel Number ID: 12-10-11-257-010.000-021
  • Platted: Yes
  • Amenities: Countertops-Laminate, Detector-Smoke, Dryer Hook Up Gas, Porch Open, Range/Oven Hook Up Gas, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1176
  • Total Finished Sq Ft: 1176
  • Above Grade Finished Sq Ft: 1176
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 12x17, On Level: Main
  • Kitchen: Dimensions: 12x20, On Level: Main
  • Dining Room: Dimensions: 12x18, On Level: Main
  • Bedroom 1: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 8x12, On Level: Main
  • Bedroom 3: Dimensions: 8x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Dimensional Shingles
  • Outbuilding1: None
  • Fence: Wood

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 13x21
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Frankfort Munic. Util.
  • Gas Company: CenterPoint Energy

Schools

  • Elementary School: Blue Ridge / Green Meadows

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 66 x 120
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Tax Info

  • Annual Taxes: 1858.18
  • Exemptions: Homestead, Supplemental

MLS Schools

  • High School: Frankfort
  • Middle School: Frankfort
  • School District: Community Schools of Frankfort

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2025
Closed on
Oct 8, 2025
Sold by
Reed Shirley A
Bought by
Vaughn Kelsey M
Seller's Agent
Scott Irons
Snyder Strategy Realty, Inc
Buyer's Agent
Sherry Cole
Keller Williams Lafayette
List Price
$230,000
Sold Price
$230,000
Views
123
Current Estimated Value
$224,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,118
Avg. Annual Appreciation
-7.47%
Original Mortgage
$170,000
Outstanding Balance
$168,954
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$55,928

Purchase Details

Listed on
Dec 15, 2022
Closed on
Jan 18, 2023
Sold by
Bolanos Maria Ramos
Bought by
Reed Melvin L and Reed Shirley A
Seller's Agent
Michelle Rainey
Keller Williams Lafayette
Buyer's Agent
Jennifer Lane
Homeward Bound Realty LLC
List Price
$194,900
Sold Price
$189,000
Premium/Discount to List
-$5,900
-3.03%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$151,200
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2020
Sold by
Bolanos Maria Ramos and Deramos Maria De
Bought by
Bolanos Maria Ramos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,334
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 14, 2019
Closed on
Mar 15, 2019
Sold by
Rank Management Group Llc
Bought by
Ramos Maria Del Roclo
Seller's Agent
Alex Risse
Risse Realty
Buyer's Agent
Carole King
Keller Williams Lafayette
List Price
$104,900
Sold Price
$101,000
Premium/Discount to List
-$3,900
-3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.38%
Original Mortgage
$99,170
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 2018
Sold by
Finney Patricia
Bought by
Rank Manangement Group Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed -- Meridian Title Corporation
Sheriffs Deed $51,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,000 New Conventional
Previous Owner $151,200 New Conventional
Previous Owner $99,334 FHA
Previous Owner $99,170 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2025 10/08/25 Sold $230,000 0.0% $196 / Sq Ft
09/07/2025 09/07/25 Pending -- -- --
09/02/2025 09/02/25 For Sale $230,000 0.0% $196 / Sq Ft
06/21/2025 06/21/25 Pending -- -- --
05/17/2025 05/17/25 Price Changed $230,000 -2.7% $196 / Sq Ft
05/05/2025 05/05/25 Price Changed $236,500 -1.5% $201 / Sq Ft
04/26/2025 04/26/25 Price Changed $240,000 -2.0% $204 / Sq Ft
04/16/2025 04/16/25 For Sale $245,000 0.0% $208 / Sq Ft
04/09/2025 04/09/25 Pending -- -- --
04/08/2025 04/08/25 For Sale $245,000 +29.6% $208 / Sq Ft
01/19/2023 01/19/23 Sold $189,000 -3.0% $161 / Sq Ft View Prior Sale
12/18/2022 12/18/22 Pending -- -- --
12/15/2022 12/15/22 For Sale $194,900 +93.0% $166 / Sq Ft
03/15/2019 03/15/19 Sold $101,000 -3.7% $86 / Sq Ft View Prior Sale
02/16/2019 02/16/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $104,900 -- $89 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,858 $167,400 $13,600 $153,800
2023 $2,954 $127,300 $13,600 $113,700
2022 $1,219 $111,000 $13,600 $97,400
2021 $584 $70,100 $13,600 $56,500
2020 $597 $70,100 $13,600 $56,500
2019 $564 $70,100 $13,600 $56,500
2018 $110 $70,100 $13,600 $56,500
2017 $108 $68,700 $13,300 $55,400
2016 $106 $67,300 $13,300 $54,000
2014 $88 $62,400 $13,300 $49,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202511759

Indiana Regional MLS

APN: 12-10-11-257-010.000-021