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12789 E State Road 28

Frankfort, IN 46041

ActiveListed Oct 15, 2026 · 2 days on market

Key facts

Lot
3.98 acres
Type
Land · Residential Lots
MLS #
22129867
County
Clinton
Subdivision
No Subdivision

About this home

This unique 3.98+/- acre tract offers a rural building site with room to spread out. It sits in between Frankfort and Tipton and less than 7.5 miles from US 31 for an easy commute north to Kokomo or south to Westfield and Carmel. The existing house is abandoned and will need to be torn down. However, its presence allows the parcel to qualify as a building site under the Clinton County Area Plan's replacement dwelling guideline, which opens the door for a new home in a setting where building sites like this are rare. A 38' x 32' barn is still usable, and, with some TLC, it could serve for equipment storage, a workshop, or a few animals. Mature trees fill the lot, and the back of the property includes remnants of an old orchard, a nod to the site's farmstead past and a feature that adds to its privacy and character. There is also plenty of open ground for a large garden, making this a natural fit for anyone who wants to grow their own food and enjoy a more self-sufficient country lifestyle. Frontage on State Road 28 keeps access convenient, and the property is in the Clinton Central School district. Buyers looking to build in the country, hobby farmers, and anyone wanting a small acreage retreat with quick access to the US 31 corridor will want to take a look.

Description provided by the listing brokerage.

Exterior

Other structures
Barn(s)

Systems

Sewer
Septic Needed

Lot and HOA

Lot features
Rural - Not SubdivisionMature TreesTrees-Small (Under 20 Ft)WoodedSee Remarks
Zoning
Agricultural A-1

Schools

Elementary school
Clinton Central Elementary School
High school
Clinton Central Junior-Senior HS
School district
Clinton Central School Corporation

Taxes

Estimated annual tax
$122 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$635per month, estimated
Principal and interest $585Property tax $10Insurance $41
20% · $23,200
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$116,000
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