Welcome to 853 East Walnut Street in Frankfort—a spacious former duplex thoughtfully converted back to a single-residence home. With some updates, it can shine as a strong investment or comfortable primary residence. The home retains elements that suggest potential to return to a duplex configuration. Currently boasting 2 bedrooms, yet has the space to easily moderate into 3 or more bedrooms! Enjoy a convenient in-town location with nearby amenities and room to personalize. Bring your ideas and unlock the value in this versatile property! This home is sold as is. Located close to downtown Frankfort, and between local dining and entertainment. This home is centrally located in the mix of all Frankfort has to offer! Make it yours and make the possibilities your reality!
Active
$185,000
853 E Walnut St, Frankfort, IN 46041
2beds
2,353sqft
Single Family Residence, Duplex
Built in 1905
-- sqft lot
$180,500 Zestimate®
$--/sqft
$-- HOA
What's special
- 7 days
- 473
- 28
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
John Brannan Agt:765-242-8835,
Epique Inc.,
Allyson Schutte,
Epique Inc.
Source: IRMLS,MLS#: 202642315
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Level: Upper
Bedroom 2
- Level: Upper
Dining room
- Area: 192
- Dimensions: 16 x 12
Family room
- Area: 204
- Dimensions: 17 x 12
Kitchen
- Area: 168
- Dimensions: 14 x 12
Living room
- Area: 180
- Dimensions: 20 x 9
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Features
- Basement: Walk-Out Access,Unfinished
- Attic: Storage,Walk-up
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 2,353
- Total interior livable area: 2,353 sqft
- Finished area above ground: 2,353
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Gravel
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
Lot
- Size: 0.27 Acres
- Dimensions: 66X180
- Features: Level, 0-2.9999
Details
- Parcel number: 121011165006.000021
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Single Family Residence, Duplex
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1905
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Frankfort
Financial & listing details
- Tax assessed value: $160,300
- Annual tax amount: $1,590
- Date on market: 10/12/2026
- Listing terms: Cash,Conventional
Estimated market value
$180,500
$171,000 - $190,000
$1,136/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/12/2026 | Listed for sale | $185,000-26% |
Source: | ||
| 7/20/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/21/2026 | Listed for sale | $250,000+66.7%$106/sqft |
Source: Owner Report a problem | ||
| 5/6/2023 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/7/2023 | Pending sale | $150,000$64/sqft |
Source: Owner Report a problem | ||
| 2/6/2023 | Listed for sale | $150,000+130.8%$64/sqft |
Source: Owner Report a problem | ||
| 7/1/2002 | Sold | $65,000$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 46041
Nearby schools
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.





