$35,000

$0Reward *

506 W Walnut Street, Frankfort, IN 46041Listing ID 22082394

506 W Walnut Street, Frankfort, IN 46041

Active

Time on site: 193 days • Last updated: Apr 3, 2026

Property Type

Land

Property Sub Type

Residential Lots

Acres

0.11

Days on Site

193

Vacant Residential Lot Sold with an Updated Commercial Building in Frankfort, IN. Rare opportunity to own a residential lot at 506 W Walnut St alongside an updated commercial property at 550 W Walnut St. The vacant lot offers potential for residential build, parking, or expansion (subject to zoning). The adjoining building originally built for a salon can be converted to add a drive through service, extra parking opportunity. New roof, facia, A/C, and modern finishes. Together, these parcels provide flexibility for live/work, mixed-use, or investment possibilities in a convenient, high-visibility location. See BLC#22082405 for pictures and Listing price and information.

Property Information

Property Details

Location

Address

506 W Walnut Street

County

Clinton

City

Frankfort

Zip Code

46041

School District

Community Schools of Frankfort

MLS Area

1210 - Clinton - Center

Financial

Special Conditions

As Is, Package, Other

Property Taxes

Tax Year

2025

Listing provided by AXEN Realty LLC, (317) 506-8626

Market Report for 46041

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MIBOR REALTOR® Association

Based on information submitted to the MLS GRID as of 16 Aug 2026, 11:07 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MBR40166