$3,428,600

0 N South R 39 Monrovia, IN 46157

Estimated payment $19,440/month

Total Views 522
17 Acres
$205,183 Price per Acre
727,888 Sq Ft Lot

About This Lot

Outstanding potential awaits with this strategically located property including 2 parcels less than 2 minutes from I-70, major highway. Already zoned commercial!! Offering high visibility and easy access, this site is ideal for retail, office, service-based businesses, or mixed-use development. Situated in a rapidly growing area, this parcel presents an exceptional opportunity for investors or developers looking to capitalize on a high-traffic corridor. City water and sewer, electric all available. Don't miss your chance to secure a valuable footprint in an area poised for expansion!

Listing Agent

Tammy Everett

Everett Realty Group, LLC License #RB14035727 Listed on: 07/29/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,042

Lot Details

  • 16.71 Acre Lot
  • Additional Parcels

Schools

  • Monrovia Elementary School
  • Monrovia Middle School
  • Monrovia High School

Listing and Financial Details

  • Tax Lot 1 and 2
  • Assessor Parcel Number 550401300001000022

Property Details

Property Type

Land

Est. Annual Taxes

$6,042

Lot Details

0

Listing Details

  • Type: Undeveloped
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2024
  • Lot Size Acres: 16.71
  • Road Frontage Type: State Road
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Special Features: None

Exterior Features

  • List Price: 3428600
  • Other Structures: Not Applicable
  • Topography: Level
  • Road Access: Frontage Road
  • Water: Municipal Water Near By

Utilities

  • Sewer: Public Sewer
  • Solid Waste: No

Schools

  • Middle Or Junior School: Monrovia Middle School

Lot Info

  • Lot Features: Zoned
  • Additional Parcels Description: 550401300001000022
  • Additional Parcels: Yes
  • Current Use: Agricultural
  • Development Status: Not Applicable
  • Horse Amenities: None
  • Lot Size Sq Ft: 728062
  • Parcel Number: 550401300001000022
  • Zoning: commercial
  • Acres: 10-20 Acres
  • Land Characteristics: Not Applicable
  • Present Zoning: Commercial
  • Price Acre: 205183
  • Soil Type: Other
  • Divisible: No
  • Usable Acres: 24
  • Tillable Acres: 24

Tax Info

  • Tax Annual Amount: 6042
  • Tax Lot: 1 and 2
  • Semi Annual Property Tax Amt: 3021

MLS Schools

  • Elementary School: Monrovia Elementary School
  • High School: Monrovia High School

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 For Sale $3,428,600 -- --
Source: MIBOR Broker Listing Cooperative®

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22053764

MIBOR Broker Listing Cooperative®

Indiana Morgan County Monrovia 46157

0 N South R 39, Monrovia, IN

This home is located at 0 N South R 39, Monrovia, IN 46157 and is currently priced at $3,428,600. 0 N South R 39 is a home located in Morgan County with nearby schools including Monrovia Elementary School, Monrovia Middle School, and Monrovia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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Tammy Everett
Listing Agent
Tammy Everett
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Everett Realty Group, LLC
(317) 508-6277