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703 E Walnut

Frankton, IN 46044

ActiveListed Oct 18, 2026 · 3 days on market

Key facts

Beds
3
Baths
2 full
Living area
2,920 sqft
Lot
0.2 acres
Year built
1892
Type
Residential · Single Family Residence
Stories
Two
Garage
2 spaces
MLS #
22127340
County
Madison
Subdivision
No Subdivision
Total building area
3,230 sqft

About this home

Distinguished classic Victorian home in the heart of Frankton within walking distance to Frankton Schools & downtown Frankton! This 3Bedroom/2Bathroom home presents classic architectural design and tons of potential for personalization and enhancement. The prominent covered front porch offers welcoming curb appeal and makes a statement entry point. Inside, the home features incredibly intricate & beautiful trim/woodwork - including the most beautiful sliding pocket doors - generous room sizes, & high ceilings. Large windows throughout invite natural light indoors, too. Multiple distinct rooms including the formal entry, cozy sitting room, & a gorgeous living room with bay windows with tons of space. The over-sized family room features vaulted ceilings, exposed wood beams, & has a masonry brick fireplace. Several rooms include ornate antique light fixtures and ceiling fans, adding a touch of traditional character. The kitchen provides a functional layout, complete with existing cabinetry, counter space, and appliance hookups. Adjacent spaces are adaptable for additional utility or dining configurations currently with a long, built-in bar area which would be perfect for casual meals or entertaining. It's ready for your updates or a complete contemporary overhaul! Two functional bathrooms, one on the main & one upstairs, offer opportunities for modern renovation. Upstairs are three generous sized bedrooms awaiting your personal touch. The structure's solid bones and spaciousness lend themselves well to a DIY home renovation project. Transform it into a beatufiul living experience indoors while enjoying the spaciousness of the outdoors, too! The double 0.20 acre lots offer almost a half acre of space to run & play outdoors. This property offers the perfect opportunity to blend historical charm with updated conveniences within a well-established community.

Description provided by the listing brokerage.

Interior

Appliances
MicrowaveElectric OvenWater HeaterRefrigeratorGas Water HeaterDishwasherRange Hood
Interior features
Attic AccessBreakfast BarEntrance FoyerPaddle FanEat-in KitchenWood Work Stained
Other rooms and areas
Living Room Formal
Basement
Egress Window(s)PartialStorage SpaceUnfinished
Fireplaces
1
Fireplace type
Family RoomMasonryNon Functional
Laundry
Connections SomeMain Level
Windows
Wood Frames
Security
Fire Alarm
Rooms
8

Exterior

Exterior features
Barn Mini
Patio and porch
Covered
Construction
Vinyl Siding
Foundation
Crawl Space
Style
ColonialTraditional
Parking and garage
AttachedGravelGarage Door OpenerWorkshop in Garage
Other equipment
Satellite Dish

Systems

Heating
Forced Air
Cooling
Central Air
Water
Public

Lot and HOA

Lot features
City LotMature Trees

Schools

Elementary school
Frankton Elementary School
High school
Frankton Jr-Sr High School
School district
Frankton-Lapel Community Schools

Taxes

Estimated annual tax
$1,480 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,067per month, estimated
Principal and interest $882Property tax $123Insurance $61
20% · $35,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$175,000
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