Skip To Content

506 W Walnut Street

Frankfort, IN 46041
  • $35,000
  • STATUS: Active
  • ON SITE: 158 Days
  • MLS #: 22082394
$35,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

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.

Monthly Payment Calculator



© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2026-07-14T00:24:58.673. 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.
Click here for MLS GRID DMCA Notice
www.theindypropertysource.com/homes/172765780
Print Image

506 W Walnut Street Frankfort, IN 46041

  • Price: $35,000
  • Status: Active
  • On Site: 158 Days
  • MLS #: 22082394
0
Beds
0
Baths
0
½ Baths
0.11
Acres
Neighborhood:
No Subdivision
County:
Clinton
Area:
1210 - Clinton - Center
School District:
Community Schools Of Frankfort
Property 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.
Exterior Features

Horse Amenities None Land Characteristics RectangleRural Not in Subdivision Lot Information Not In SubdivisionSidewalksSee Remarks Other Structures See Remarks Road Access Access Rd Road Frontage Type City Street Road Surface Type NotApplic Soil Type Other Topography See Remarks

Property Features

Acres <1/4 Acre Development Status Not Applicable Divisible No Dpr YN No Facilities Near ElectricGasTelephoneWater & Sewer Facilities On Not Applicable Listing Terms See Remarks New Construction YN No Possession ClosingNegotiable Present Zoning Not Applicable Property Sub Type Residential Lots Semi Annual Property Tax Amt 103 Sewer Not Applicable Solid Waste No Special Listing Conditions As IsPackageOther Tax Year 2025 Township Center Transaction Type Sale Type Single Lot Water See Remarks Zoning Residential

Listing provided courtesy of AXEN Realty LLC: . © 2026 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2026-07-14T00:24:58.673. 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.
Click here for MLS GRID DMCA Notice
 
https://bt-photos.global.ssl.fastly.net/indy/orig_boomver_1_22082394-1.jpg https://bt-photos.global.ssl.fastly.net/indy/orig_boomver_1_22082394-1.jpg https://bt-photos.global.ssl.fastly.net/indy/orig_boomver_1_22082394-1.jpg
Logo
The Indy Property Source | Keller Williams Realty
,