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.
Closed
$70,000
453 E Walnut St, Frankfort, IN 46041
7beds
2,905sqft
Quadruplex
Built in 1890
-- sqft lot
$72,000 Zestimate®
$--/sqft
$1,215 Estimated rent
Home value
$72,000
Estimated sales range
Not available
$1,215/mo
Zestimate® history
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$332/mo
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Zillow last checked:
Listing updated:
Listed by:
Scott Irons 765-670-9220,
Snyder Strategy Realty, Inc
Bought with:
Scott Irons, RB18002219
Snyder Strategy Realty, Inc
Source: IRMLS,MLS#: 202527112
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- None
Cooling
- None
Features
- Laminate Counters
- Flooring: Part Carpet, Wood, Vinyl
- Basement: Partial,Brick
Interior area
- Total structure area: 2,905
- Total interior livable area: 2,905 sqft
- Finished area above ground: 2,905
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Gravel
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,405 sqft
- Dimensions: 56 x 132
- Features: Level, 0-2.9999, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 121010289003.000021
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Masonite
- Roof: Shingle
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: Frankfort Munic. Util.
- Gas: CenterPoint Energy
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: Frankfort
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2025 | Sold | $70,000-30% |
Source:  IRMLS #202527112 Report a problem | ||
| 8/28/2025 | Pending sale | $100,000 |
Source: IRMLS #202527112 Report a problem | ||
| 8/13/2025 | Price change | $100,000-23.1% |
Source: IRMLS #202527112 Report a problem | ||
| 8/8/2025 | Pending sale | $130,000 |
Source: IRMLS #202527112 Report a problem | ||
| 7/23/2025 | Listed for sale | $130,000 |
Source: IRMLS #202527112 Report a problem | ||
| 7/16/2025 | Pending sale | $130,000 |
Source: IRMLS #202527112 Report a problem | ||
| 7/12/2025 | Listed for sale | $130,000 |
Source: IRMLS #202527112 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,251 +3.1% | $116,400 +15.1% |
| 2024 | $2,183 +16.9% | $101,100 +5.6% |
| 2023 | $1,867 +35.3% | $95,700 +16.1% |
| 2022 | $1,380 -1.2% | $82,400 +37.8% |
| 2021 | $1,397 -0.2% | $59,800 |
| 2020 | $1,399 -95.9% | $59,800 |
| 2019 | $34,046 +15% | $59,800 +0.3% |
| 2018 | $29,603 +16.4% | $59,600 +1.7% |
| 2017 | $25,437 +1753.3% | $58,600 -1% |
| 2016 | $1,373 +16.9% | $59,200 +0.9% |
| 2014 | $1,174 | $58,700 |
| 2013 | $1,174 -14.7% | $58,700 -14.7% |
| 2012 | $1,376 -2.5% | $68,800 -2.5% |
| 2011 | $1,412 -3.3% | $70,600 -3.3% |
| 2010 | $1,460 -4.2% | $73,000 -4.2% |
| 2009 | $1,524 | $76,200 -4.4% |
| 2006 | -- | $79,700 +11.5% |
| 2005 | -- | $71,500 |
Find assessor info on the county website
Neighborhood: 46041
Nearby schools
GreatSchools rating
- 5/10Green Meadows Intermediate ElementaryGrades: 3-5Distance: 1 mi
- 7/10Frankfort Middle SchoolGrades: 6-8Distance: 1.4 mi
- 3/10Frankfort Senior High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Blue Ridge / Green Meadows
- Middle: Frankfort
- High: Frankfort
- District: Community Schools of Frankfort
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Indiana
- Clinton County
- Frankfort
- 46041
- 453 E Walnut St
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