453 E Walnut St Frankfort, IN 46041
Estimated payment $908/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 |
|---|---|---|---|---|
| 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
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