Sheldon Barnes
For Sale — 4920 S Old County Road 500 W, Frankfort, IN 460414920 S Old County Road 500 W
Frankfort, Indiana 46041
No Subdivision
4
Beds
3
Baths
2,976
Sq Ft
2017
Year Built
1.4
Acres
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ABOUT THIS HOME
Welcome to 4920 S Co Rd 500 W in Frankfort, IN! Nestled on over 1 acre at the end of a private, dead-end road, this spacious property offers the peace and privacy you've been searching for-along with incredible potential to make it your own. With just under 3,000 square feet of finished living space, this home features 4 large bedrooms and an abundance of flexible living areas to fit your lifestyle. Whether you need multiple living rooms, a home office, playroom, or hobby space, the layout provides versatility and room to grow. The generously sized kitchen includes a walk-in pantry, offering both convenience and ample storage. Downstairs, you'll find a full-size basement ready to be finished, adding the opportunity for approximately 1,300 additional square feet of living space. Create the ultimate rec room, home gym, theater, or guest suite while instantly increasing your home's value.
Key things to know
- 1.4 acres at end of private dead-end road
- 4 large bedrooms with flexible living spaces
- Unfinished full basement with ~1,300 sq ft potential
- Walk-in pantry and breakfast bar kitchen
- 2,976 sq ft finished living space
Monthly payment
Estimate · $355,000
$2,176/mo
≈ $1,889 principal & interest · $287 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $71,000 on a loan of $284,000.
Price history
- Listedat $385,000
Apr 17, 2026
Recent comparable sales
$405,000
1309 Forest Drive
5bd · 3ba · 3,073 sqft
Sold May 2026
$499,000
5393 E County Road 400 S
4bd · 3ba · 3,020 sqft
Sold Apr 2026
$209,900
501 Elmwood Drive
5bd · 3ba · 2,284 sqft
Sold Mar 2026
$389,900
3799 N Herston Drive
4bd · 3ba · 2,176 sqft
Sold Dec 2025
$575,000
6220 W CR 200 N
3bd · 3ba · 2,224 sqft
Sold Oct 2025
Comparative value
5 comps in this range
This home is 12% below median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$385,000Listed· Apr 17, 2026
12 days on market
Layout
Schools
Clinton Prairie School Corporation
Elementary
Clinton Prairie Elementary School
High
Clinton Prairie Jr-Sr High School
Neighborhood
- Zionsville Community HS25.5 mi
- Westfield High School27.8 mi
- Carmel Central Park28.9 mi
- Clay Terrace29.1 mi
- Carmel Arts & Design District30.3 mi
- Carmel High School30.7 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,976 sq ft
Year Built
2017
Stories
Two
Subdivision
No Subdivision
Bedrooms
4
Bathrooms
2 full, 1 half
Garage
2 spaces
School District
Clinton Prairie School Corporation