0 U S 31 Unit 202523718 Rochester, IN 46975
Estimated payment $2,124/month
About This Lot
Prime 26± Acre Development Opportunity – Corner of Southway 31 & U.S. 31 – Rochester, IN | Fulton County Unlock the potential of this 26± acre tract perfectly positioned at the high-visibility corner of Southway 31 (Liberty Road) and U.S. 31, just minutes from downtown Rochester and Lake Manitou. With approximately 1,200 feet of frontage on U.S. 31 and 700 feet along Southway 31, this parcel offers exceptional exposure and accessibility for a wide range of business, commercial, or investment ventures. Strategically located between Indianapolis and South Bend, this site benefits from strong traffic flow along the major north-south corridor of U.S. 31. Whether you're a developer, investor, or entrepreneur—large or small—this location is primed for growth and visibility. Property Highlights: 26± Acres of Vacant Land Excellent Road Frontage: ~1,200’ on U.S. 31, ~700’ on Southway 31 Access via Southway 31 (Liberty Road) Utilities Available at Road: Electric & Natural Gas Current Use: Income-producing farmland, cash rented at ~$200/acre Renter Willing to Continue with New Buyer Low Annual Taxes: Approx. $430–$550 Wooded Tree Line Through Property – Ideal for Recreational Use or Hunting Proximity to Highways 25 & 14 Whether you're planning a commercial build, land bank investment, or mixed-use development, this property offers versatility, visibility, and strong income potential. Don’t miss your chance to invest in one of Rochester’s most promising land opportunities.
Property Details
Property Type
- Land
Est. Annual Taxes
- $550
Lot Details
- 26 Acre Lot
- Property fronts a county road
- Rural Setting
- Finished Lot(s)
- Subdivision Possible
Parking
- Driveway
Schools
- Columbia / Riddle Elementary School
- Rochester Community Middle School
- Rochester Community High School
Utilities
- Heating System Uses Gas
- Well Required
Additional Features
- Suburban Location
- Agricultural
Listing and Financial Details
- Assessor Parcel Number 25-07-16-300-002.010-008
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $561 | $48,500 | $48,500 | $0 |
| 2023 | $575 | $40,400 | $40,400 | $0 |
| 2022 | $466 | $31,900 | $31,900 | $0 |
| 2021 | $438 | $27,500 | $27,500 | $0 |
| 2020 | $464 | $26,800 | $26,800 | $0 |
| 2019 | $523 | $32,600 | $32,600 | $0 |
| 2018 | $562 | $33,700 | $33,700 | $0 |
| 2017 | $594 | $38,700 | $38,700 | $0 |
| 2016 | $659 | $41,000 | $41,000 | $0 |
| 2014 | $574 | $42,900 | $42,900 | $0 |
| 2013 | $574 | $36,800 | $36,800 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | For Sale | $395,000 | -- | -- |
Source: Indiana Regional MLS
MLS Number: 202523718
APN: 25-07-16-300-002.010-008
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