506 W Walnut Street Frankfort, IN $ 35,000
506 W Walnut Street
$ 35,000
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506 W Walnut Street

Frankfort, IN, 46041
$ 35,000
Baths0.0

Monthly Estimate*

$ 216

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Studio

Lots and Land for sale in Frankfort, IN

for $35,000. The lot size is 0.11.

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, 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 information.

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Lots and Land Active

Price

$ 35,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 206

Style

Residential Lots

Lot Size

0.11

Town/City

Frankfort

County/Region

Clinton

MLS | Web ID

22082394

Features
General
Sewer Not Applicable
Possession Closing Negotiable
Development Status Not Applicable
Zoning Residential
Topography See Remarks
Township Center
Property Subtype Residential Lots
Tax Year 2025
County Clinton
New Construction N
Property Type Land
Subdivision Name No Subdivision
Other Structures See Remarks
Status Active
Directions GPS Friendly
City Frankfort
High School District Community Schools of Frankfort
MLS Area 1210 - Clinton - Center
Lot Size Square Feet 4800
Additional Parcels Y/N N
Standard Status Active
Tax Lot 21
Legal Description 016-02380-50 Pt Lot 21 Armantrouts Add
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Exterior
Lot Features Not In Subdivision Sidewalks See Remarks
Lot Size Acres 0.11
Road Surface Type NotApplic
Road Frontage Type City Street
Horse Amenities None
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* Excluded Features
List By
Axen Realty Llc

Broker

Kathy@Zamora-Homes.com

Email

Affordability Calculator

$233
Per Month
93%
7%
0%
Monthly Principal & Interest
$216
Monthly Property Taxes
$17
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4048512 Elementary School
5229032 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/5/2026$35,000 Listed Price

Map


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506 W Walnut Street, Frankfort, IN, 46041 is a Lots and Land for sale at $35,000 with a lot size of 0.11. 506 W Walnut Street is a studio with 0.0 baths. The property's zip code is 46041 which is in Frankfort, IN