Skip to main contentSkip to navigation
2.26 Acres of Residential Land with Home for Sale in Frankfort, Indiana
1 / 35
Images
Map
Street

Residential Land with Home for Sale in Frankfort, Indiana

4787 W State Road 38, Frankfort, IN 46041

$480,000
2.26 acres
Active
ago
Est $2,550/mo

PRICED UNDER APPRAISED VALUE! Escape to your private 2.25 acres. This updated farmhouse blends classic charm with modern luxury, featuring premium appliances, quartz counter top and laminate flooring throughout the house. The main house offers 4 bedrooms and 3 bathrooms. The property features a 44x36 barn, offering endless possibilities for storage, hobbies, or a workshop. Adding exceptional value is a detached in-law apartment, perfect for multi-generational living, or a private guest suite. A rare find combining pastoral serenity with sophisticated living.

2,208
Sq feet
4
Beds
3
Full baths
1900
Built

Location

Street address
4787 W State Road 38
County
Clinton County
School district
Clinton Prairie School Corp.
Elevation
806 feet
Coordinates
40.3438, -86.5944
Land for sale in Indiana

Directions

From Mulberry take State Road 38 East approximately 3.5 miles. Home is on the South side of the road.

Property details

Acreage
2.26 acres
MLS #
LRAOR 202602133
Posted

Property taxes

Recent
$2,375

Parcels

  • 12-05-24-100-002.000-020

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Attached Garage, Garage

Structure

Stories
2
Heating
Fireplace(s), Propane
Cooling
Central Air
Roof
Shingle

Interior

Room Count
7
Rooms
Basement, Bathroom x 3, Bedroom x 4, Dining Room, Great Room, Kitchen, Laundry, Living Room

Property utilities

CategoryTypeStatusDescription
GasPropaneConnected—

Nearby schools

NameLevelDistrictDescription
Clinton PrairieElementaryClinton Prairie School Corp.—
Clinton PrairieMiddleClinton Prairie School Corp.—
Clinton PrairieHighClinton Prairie School Corp.—

Listing history

DateEventPriceChangeSource
Jan 21, 2026New listing$480,000—LRAOR
Subscribe to listing updates

Payment calculator

This 2.26-acre property is located at 4787 W State Road 38 in Frankfort, IN 46041. The property is available for sale for $480,000. It has a 2,208 sq ft 4 bedroom, 3 bath house built in 1900.

Checked 2 hours ago — Updated

Report listing issue

Copyright (C) 2026 Lafayette Regional Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Message rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact