For Sale
Land for sale at 506 W Walnut St, Frankfort, IN 46041 | MLS# 22082394 | Listing updated on 2026-04-03
Photo 1 of Land for sale at 506 W Walnut St, Frankfort, IN 46041 | MLS# 22082394 | Listing updated on 2026-04-03
Photo 2 of Land for sale at 506 W Walnut St, Frankfort, IN 46041 | MLS# 22082394 | Listing updated on 2026-04-03
Photo 3 of Land for sale at 506 W Walnut St, Frankfort, IN 46041 | MLS# 22082394 | Listing updated on 2026-04-03
Photo 4 of Land for sale at 506 W Walnut St, Frankfort, IN 46041 | MLS# 22082394 | Listing updated on 2026-04-03
12+
Beds Icon

Street View

$35,000

Monthly Est:$174

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon4,800sqft lot

506 W Walnut St, Frankfort, IN 46041

$174/moEst:

Get Pre-Approved

  • Residential Lot

  • Built in -

  • $-- HOA

  • 4,800 sqft lot

  • $7/sq.ft

Description

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.

  • Houzeo last checked: 5 minutes ago
  • Listing updated: April 3, 2026 at 7:22 pm
  • Listing Provided by: Kathy Zamora | AXEN Realty LLC (317) 506-8626
  • Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN as distributed by MLS GRID | MLS#: 22082394 Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN as distributed by MLS GRID

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Clinton County

  • City

    Frankfort

  • Neighborhood

    --

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    4,800 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS

  • MLS Number

    22082394

  • MLS Status

    Active

  • Days on Market

    273

  • Cumulative Days on Market

    174

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Sewer

    Not Applicable

Other Features

  • Lot Features

    Not In Subdivision, Sidewalks, See Remarks

  • Subdivision Name

    No Subdivision

Price History

DateEventPrice

02/05/2026

Source: #MBR22082394

Listed for Sale

$35,000 -93.46%

$0/sqft

01/21/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN as distributed by MLS GRID #MBR22072870

Listing Removed

$535,000

$0/sqft

11/11/2025

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22072870

Listed for Sale

$535,000

$0/sqft

11/10/2025

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22069385

Listing Removed

$535,000

$0/sqft

Nearby Homes

Based on information from MIBOR REALTOR® Association through Nov 04, 2026, 05:15AM as submitted to and distributed by MLS GRID. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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. IDX information is provided exclusively for consumers personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. All Rights Reserved. © 2026 MIBOR REALTOR® Association.

Advertising Broker: Jonah Hartsburg | Hoosier Hub Realty

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