Skip main navigation
Off market
  • $201,700

    853 E Walnut St, Frankfort, IN 46041

    3beds
    2,353sqft
    MultiFamily
    Built in 1905
    -- sqft lot
    $201,700 Zestimate®
    $86/sqft
    $1,083 Estimated rent

    Home value

    $201,700

    $186,000 - $220,000

    $1,083/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,083/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,083/mo

    Rent Zestimate®

    Refinance and save

    $1,252/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $1,252/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Unfinished basementPlenty of natural light

    Welcome to this 3-bedroom, 2-bath home offering over 2,300 square feet of space in the heart of Frankfort. Situated in a great neighborhood with sidewalks and just a short walk to Dorner Park, this home is full of opportunity for the right buyer. Inside, you’ll find a generous layout with large living spaces and plenty of natural light. The home features an unfinished basement and attic, offering ample storage or future expansion possibilities. One of the standout features is the flexibility of the upstairs—currently set up as a bedroom, but it could easily be converted back into a kitchen to create a duplex setup or finished as a true third bedroom for a single-family layout. The upstairs bathroom is functional but ready for your personal updates, making this a great opportunity to add value and make it your own. Enjoy the bonus of an all-seasons room off the back of the home, perfect for a playroom, second living area, or relaxing space year-round. Major improvements have already been completed, including a new roof in 2023 and a new furnace in 2025, giving peace of mind on big-ticket items. Outside, the 11,880 sq ft lot provides room to enjoy the outdoors, entertain, or expand your vision. Whether you’re looking for a spacious single-family home or an investment opportunity, this property offers versatility, location, and potential all in one.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Garbage disposal, Range / Oven
    Features
    • Flooring: Carpet, Laminate, Linoleum / Vinyl
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 2,353 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Off-street
    Features
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: City
    Lot
    • Size: 0.27 Acres
    Details
    • Parcel number: 121011165006000021

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Foundation: Crawl/Raised
    • Roof: Asphalt
    Condition
    • Year built: 1905

    Community & HOA

    Location
    • Region: Frankfort

    Financial & listing details

    • Price per square foot: $86/sqft
    • Tax assessed value: $160,300
    • Annual tax amount: $2,867

    Price history

    DateEventPrice
    7/20/2026Listing removed--
    Source: Owner Report a problem
    4/21/2026Listed for sale$250,000+66.7%$106/sqft
    Source: Owner Report a problem
    5/6/2023Listing removed--
    Source: Owner Report a problem
    4/7/2023Pending sale$150,000$64/sqft
    Source: Owner Report a problem
    2/6/2023Listed for sale$150,000+130.8%$64/sqft
    Source: Owner Report a problem
    7/1/2002Sold$65,000$28/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,867 -3.5%$160,300 +16.6%
    2024$2,971 +17%$137,500 +5.6%
    2023$2,538 +50.4%$130,200 +16.3%
    2022$1,687 -1.2%$112,000 +53.2%
    2021$1,707 -0.2%$73,100
    2020$1,710 +0.4%$73,100
    2019$1,704 -3.6%$73,100 +0.1%
    2018$1,768 -1.9%$73,000 -2.5%
    2017$1,802 -4%$74,900 -7.5%
    2016$1,878 +16.8%$81,000 +0.7%
    2014$1,608 $80,400
    2013$1,608 +1.8%$80,400 +1.8%
    2012$1,580 +1.4%$79,000 +1.4%
    2011$1,558 -3.2%$77,900 -3.2%
    2010$1,610 -16.6%$80,500 -16.6%
    2009$1,930 $96,500 -4.4%
    2006-- $100,900 +11.9%
    2005-- $90,200
    Find assessor info on the county website

    Neighborhood: 46041

    Nearby schools

    GreatSchools rating
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.