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  • $109,900

    1209 Walnut Ave, Frankfort, IN 46041

    2beds
    1,052sqft
    : 
    $748/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1965
    6,534 Square Feet Lot
    $136,500 Zestimate®
    $104/sqft
    $-- HOA

    What's special

    Vinyl sidingCentral air conditioningNewer vinyl windows
    INVESTORS, REHABBERS & SWEAT-EQUITY BUYERS-TAKE A LOOK! This Frankfort 2-bedroom home offers a great opportunity for someone ready to roll up their sleeves and unlock its potential. In addition to the two bedrooms, there's a bonus room that could be used as a home office, nursery, hobby room, or other flexible space. The kitchen offers an impressive amount of usable counter space and cabinet storage for a home of this size. And don't overlook the garage! The VERY NICE oversized 1-car garage features a concrete floor, electricity, and garage door opener, providing plenty of room for more than just parking. It's an ideal setup for the car enthusiast, DIYer, mechanic, hobbyist, or anyone needing a workshop or additional storage space. Several of the big-ticket items have already been addressed, including newer vinyl windows, vinyl siding, furnace, water heater, and central air conditioning. The interior needs TLC and updating, but the home has solid bones and plenty of potential. A large unfinished basement provides even more storage and usable space. At just 764 square feet, this is a manageable renovation project where some updating and sweat equity could make a dramatic difference. Whether you're looking for your next investment, rental property, rehab project, or an affordable home to make your own, bring your tools and your ideas-this one has the ingredients to become something special!
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    Zillow last checked:

    Listing updated:

    Listed by:

    Fred McIntire 317-965-8034,

    Keller Williams Indy Metro Partners

    Source: MIBOR as distributed by MLS GRID,MLS#: 22119669MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Main
      • Area: 143 Square Feet
      • Dimensions: 11x13
      Bedroom 2
      • Level: Main
      • Area: 110 Square Feet
      • Dimensions: 10x11
      Kitchen
      • Level: Main
      • Area: 143 Square Feet
      • Dimensions: 11x13
      Laundry
      • Level: Main
      • Area: 112 Square Feet
      • Dimensions: 8x14
      Living room
      • Level: Main
      • Area: 182 Square Feet
      • Dimensions: 14x13
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Gas Water Heater, Range Hood
      Features
      • Eat-in Kitchen, Pantry
      • Has basement: Yes
      Interior area
      • Total structure area: 1,052
      • Total interior livable area: 1,052 sqft
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached
      • Garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 6,534 Square Feet
      Details
      • Parcel number: 121009281019000021
      • Special conditions: Cosmetics Needed
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Residential, Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Block
      Condition
      • New construction: No
      • Year built: 1965

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Subdivision: Cloverleaf
      HOA
      • Has HOA: No
      Location
      • Region: Frankfort

      Financial & listing details

      • Price per square foot: $104/sqft
      • Tax assessed value: $74,700
      • Annual tax amount: $1,664
      • Date on market: 8/11/2026
      • Cumulative days on market: 6 days

        Estimated market value

        $136,500

        $115,000 - $157,000

        $1,065/mo

        Price history

        DateEventPrice
        8/11/2026Listed for sale$109,900$104/sqft
        Source: MIBOR as distributed by MLS GRID #22119669 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,318 -2.4%$74,700 +26.2%
        2024$1,351 +0.7%$59,200
        2023$1,342 +39.7%$59,200
        2022$960 -2.3%$59,200 +42.3%
        2021$983 -0.2%$41,600 -1.2%
        2020$985 -37.4%$42,100
        2019$1,572 -47.9%$42,100
        2018$3,015 +75.6%$42,100 -7.1%
        2017$1,717 +49.9%$45,300 -8.3%
        2016$1,145 +18.1%$49,400 +1.9%
        2014$970 -0.2%$48,500 -0.2%
        2013$972 +0.6%$48,600 +0.6%
        2012$966 +14.5%$48,300 +14.5%
        2011$844 -0.7%$42,200 -0.7%
        2010$850 $42,500
        2009$850 $42,500 -15.7%
        2006-- $50,400 +18.3%
        2005-- $42,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 46041

        Getting around

        49 / 100
        Car-Dependent
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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