$140,000

251 N E St Frankfort, IN 46041

$1,663
Closing credit¹
4 beds
2 full
0.2 acres
$78 / sqft
House

Property details

About 251 N E St

Investors opportunity! Welcome to this large duplex that is ready for new owners to take over and make their own cash flow. The lower unit is currently rented with a quality tenant that is month to month and the upper unit is available for new tenants. This has lots of ROI potential right from the get go so don't miss your opportunity to own this money maker today.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
Lot size0.2 Acres
Year built1910
ParkingGravel
MLS #202523454

Virtual tour

Summary

  • Full Bathrooms: 2
  • Flooring Type: Carpet, Vinyl
  • Fireplace: None
  • Total Bedroom Count: 4
  • Parking: Gravel
  • Exterior: Vinyl
  • Architectural Style: Traditional
  • Heating: Natural Gas, Forced Air
  • Cooling: None
  • List Price: $140,000
  • Price/SqFt: $78
  • Annual Tax Amount: $2,298
  • Tax Year: 2023
  • Directions: See GPS for directions
  • Year Built: 1910
  • Lot Size: 0.2 Acres
  • MLS Number: 202523454
  • Office Name: Snyder Strategy Realty, Inc
  • Listing Agent: Scott Irons

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). 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. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/21/2025, 11:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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251 N E St, Frankfort, IN 46041 - farmhouse featuring a porch and a front lawn

$140,000

251 N E St

$1,663

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$100,100$2,298
2021$58,700$1,386
2020$58,700$1,388
2019$58,700$1,370
2017$57,200$1,353

History based on county public records data.

Nearby schools

5

Green Meadows Intermediate Elementary School

Public District 3-5

1.3 mi

1900 S Jackson St

4

Suncrest Elementary School

Public District PK-5

1.5 mi

1608 W Kyger St

6

Clinton Prairie Elementary School

Public District PK-6

5.1 mi

2500 S County Road 450 W

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,214. Typical income of Frankfort, IN residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

41%
<35k
50%
35k-100k
8%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

42%
Single, No Kids
15%
Single, with Kids
22%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
9%
12-17 yrs old
24%
18-34 yrs old
36%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • KmartKmart
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Bob EvansBob Evans
  • SonicSonic

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • CountryCountry
  • OldiesOldies
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 251 N E St

The listing price of 251 N E St property is $140,000.

The property 251 N E St is a house located in Frankfort, Indiana, 46041.

Active Listing: 251 N E St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 251 N E St are: Green Meadows Intermediate Elementary School (GreatSchools Rating 5/10), Suncrest Elementary School (GreatSchools Rating 4/10), Clinton Prairie Elementary School (GreatSchools Rating 6/10), Frankfort Middle School (GreatSchools Rating 7/10), Wainwright Middle School (GreatSchools Rating 5/10), Lebanon Middle School (GreatSchools Rating 5/10), Frankfort High School (GreatSchools Rating 3/10), Clinton Prairie Jr-Sr High School (GreatSchools Rating 5/10), Clinton Central Junior-Senior High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $2,298 (source: MLS/based on county public records data).

The property at 251 N E St has 4 bedrooms and 2 bathrooms.

The year of construction for 251 N E St is 1910.

This home is located at 251 N E St in Frankfort, IN and zip code 46041. This home, which was built in 1910, sits on a 0.20 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $140,000.

Frankfort, IN housing market in May 2025 saw over 5 listings sold above listed price, more than 2 sold at listed price and over 11 sold below. The inventory of homes for sale in Frankfort, IN between April and May 2025 increased by 12.5%. In May 2025 median list price was $202,500 and the average listing age was 22 days.

From Rocket Homes Real Estate and based on county public records data.

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