453 E Walnut St Frankfort, IN 46041
Estimated payment $735/month
About This Home
Huge investment opportunity with a clean slate to make it exactly how you want it. Come see this very large fourplex very close to downtown Frankfort. This complex has a three bedroom unit, a one bedroom unit and two of the two bedroom units as it is and ready for someone to bring it back to life! There is a lot of potential for some real cashflow with this property for the right savvy investor. This property for sale AS-IS cash only.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,281
Year Built
- Built in 1890
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 56 x 132
- Level Lot
Home Design
- Quadruplex
- Brick Foundation
- Shingle Roof
- Masonite
Interior Spaces
- 2,905 Sq Ft Home
- 2-Story Property
- Laminate Countertops
- Partially Finished Basement
Flooring
- Wood
- Partially Carpeted
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Parking
- 4 Parking Spaces
- Gravel Driveway
Location
- Suburban Location
Schools
- Blue Ridge / Green Meadows Elementary School
- Frankfort Middle School
- Frankfort High School
Community Details
- 4 Units
- 4 Separate Electric Meters
Listing and Financial Details
- Assessor Parcel Number 12-10-10-289-003.000-021
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,281 | $101,100 | $12,300 | $88,800 |
| 2023 | $2,198 | $95,700 | $12,300 | $83,400 |
| 2022 | $1,882 | $82,400 | $12,300 | $70,100 |
| 2021 | $21,412 | $59,800 | $12,300 | $47,500 |
| 2020 | $1,412 | $59,800 | $12,300 | $47,500 |
| 2019 | $1,414 | $59,800 | $12,300 | $47,500 |
| 2018 | $1,394 | $59,600 | $12,300 | $47,300 |
| 2017 | $1,386 | $58,600 | $11,500 | $47,100 |
| 2016 | $1,314 | $59,200 | $11,500 | $47,700 |
| 2014 | $1,174 | $58,700 | $11,500 | $47,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2025 08/13/25 | Price Changed | $100,000 | -23.1% | $34 / Sq Ft |
| 08/13/2025 08/13/25 | For Sale | $130,000 | 0.0% | $45 / Sq Ft |
| 08/08/2025 08/08/25 | Pending | -- | -- | -- |
| 07/23/2025 07/23/25 | For Sale | $130,000 | 0.0% | $45 / Sq Ft |
| 07/16/2025 07/16/25 | Pending | -- | -- | -- |
| 07/12/2025 07/12/25 | For Sale | $130,000 | -- | $45 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Contract Of Sale | -- | -- |
Source: Indiana Regional MLS
MLS Number: 202527112
APN: 12-10-10-289-003.000-021
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
- 1209 E Wabash St
- 258 E South St
- 557 E Boone St
- 251 S Van Buren St
- 458 S Jackson St
- 251 N East St
- 508 Glendale Dr
- 758 Glendale Dr
- 1001 E Clinton St
- 353 Harvard Terrace
- 820 Hackberry Ct
- 1105 E Wabash St
- 1107 E Wabash St
- 258 Main Ave Unit 1-8
- 1153 E Clinton St
- 862 S Jackson St
- 0 State Rd
- --- State Rd
- 455 E Barner St
- 901 Harvard Terrace
- 55 N Jackson
- 700 Saint Marys Ave
- 1055 Delphi Ave Unit 1055
- 112 Autumn Ct
- 495 Hot Dog St
- 113 E Main St Unit B
- 990 Sunchaser Rd
- 2375 Shaker Ln
- 1401 Thomas Dr
- 1935 Lafayette Ave
- 1711 Lafayette Ave Unit 9
- 613 Ann St
- 451 N Lebanon St
- 318 N Clark St Unit 9
- 316-322 W Washington St
- 230 S Lebanon St
- 323 S East St
- 206 E Superior St
- 3 Honor Dr
- 2 Honor Dr