$230,000

402 S Main St Frankfort, IN 46041

$2,731
Closing credit¹
0.2 acres
Multi-Family

Property details

About 402 S Main St

Charming Historic 4-Unit Building in the Heart of Downtown Frankfort Step into timeless elegance with this stunning 4-unit multifamily property, ideally situated in the charming and walkable downtown district of Frankfort. Each spacious 1-bedroom, 1-bath apartment is filled with character and charm, featuring 12-foot ceilings, oversized wood doors, and distinctive architectural accents that you won’t find in modern construction. Residents will love the generous living spaces, including a huge living room perfect for relaxing or entertaining, a dedicated food nook off the kitchen, and large bedrooms with ample closet space. The full-sized bathrooms feature classic claw-foot bathtubs, blending vintage charm with everyday comfort.

Highlights

Home typeQuadruplex
HeatingHot Water
StatusActive
Lot size0.248 Acres
Year built1900
MLS #202512761

Summary

  • Heating: Hot Water
  • Cooling: None
  • List Price: $230,000
  • Annual Tax Amount: $3,736
  • Tax Year: 2023
  • Directions: On the corner of Main St and W South St.
  • Year Built: 1900
  • Stories: 2
  • Lot Size: 0.248 Acres
  • MLS Number: 202512761
  • Office Name: Sue O'Brien - Titan RE
  • Office Phone: (765) 426-2220
  • Listing Agent: Cole Kesling

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: 6/22/2025, 12:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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402 S Main St, Frankfort, IN 46041 - traditional style home featuring a front yard and roof with shingles

$230,000

402 S Main St

$2,731

closing credit¹

Sell your home with Rocket and save even more!

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$163,100$3,736
2021$87,800$2,065
2020$87,800$2,068
2019$87,800$2,041
2017$85,800$2,022

History based on county public records data.

Nearby schools

5

Green Meadows Intermediate Elementary School

Public District 3-5

0.9 mi

1900 S Jackson St

4

Suncrest Elementary School

Public District PK-5

1.4 mi

1608 W Kyger St

6

Clinton Prairie Elementary School

Public District PK-6

4.6 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 $32,755. Residents of Frankfort, IN typically earn less than $<35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

58%
<35k
36%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

37%
Single, No Kids
23%
Single, with Kids
16%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

26%
<11 yrs old
9%
12-17 yrs old
29%
18-34 yrs old
29%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Family DollarFamily Dollar
  • KmartKmart

Where do the neighbors go to eat?

  • SonicSonic
  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans

What do the neighbors drive?

  • OldsmobileOldsmobile
  • FordFord
  • BuickBuick

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

Frequently asked questions

About 402 S Main St

The listing price of 402 S Main St property is $230,000.

The property 402 S Main St is a multi located in Frankfort, Indiana, 46041.

Active Listing: 402 S Main St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 402 S Main 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 $3,736 (source: MLS/based on county public records data).

The year of construction for 402 S Main St is 1900.

This home is located at 402 S Main St in Frankfort, IN and zip code 46041. This home, which was built in 1900, sits on a 0.25 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 15, 2025 and is currently priced at $230,000.

In May 2025, from all listings sold in Frankfort, IN there were more than 5 sold above asking price, over 11 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Frankfort, IN between April and May 2025 increased by 12.5%. The median list price of listings available in May 2025 was $202,500, while the average time on the real estate market was 22 days.

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

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