$395,000
PENDING

Estimated payment $2,409/month

Total Views 4,574
4.17 Acres
$94,724 Price per Acre
181,645 Sq Ft Lot

About This Lot

Excellent Residential development opportunity on just over 4 acres on heavily traveled SR 23/Adams Rd (16,000 cars daily, INDOT traffic counts) just 1/2 mile East of Bittersweet in desirable Granger. Penn Harris Madison Schools, the property has great potential for Single-Family, Condominium, or Multi-Family Development. Great proximity, located 1 mile from Martin's Supermarket, Mary Frank Elementary School, and the State Line. Also only 3 miles from IN-Capital Ave., just over 3 miles from the Indiana Toll Road Interchange on Capital Ave., 5 miles from the University Park Mall, 5.5 miles from Penn High School, and 8 miles from the University of Notre Dame. Granger sewer nearby. The property currently has a 936 SF home with a detached garage on it. Zoned R: Residential. Taxes: $2,631.72, 2023.

Listing Agent

John Piraccini

Coldwell Banker Real Estate Group Brokerage Phone: 574-243-9522

Coldwell Banker Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,632

Year Built

  • 1925

Lot Details

  • 4.17 Acre Lot
  • Lot Dimensions are 203x642
  • Property fronts a county road
  • Finished Lot(s)
  • Property is zoned R Single Family Residential District

Schools

  • Mary Frank Elementary School
  • Discovery Middle School
  • Penn High School

Utilities

  • Heating System Uses Gas
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 71-05-17-101-001.000-011

Property Details

Property Type

Land

Est. Annual Taxes

$2,632

Year Built

1925

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Commercial Land
  • Legal Description: LOT AA PARKS GARCIA 1ST REPLAT 03-04 SPT TO 021930 TR 5224 7-22-02 02-03 NEW REPLAT TRANS 7520 9-25-01 03-04 NEW REPLAT TRANS 6751 8-29-02
  • Parcel Number ID: 71-05-17-101-001.000-011
  • Platted: Yes
  • Road Access: County
  • Road Surface: Paved
  • Zoning Description: Residential
  • Parcel Description: 3-5.9999
  • Road Frontage Description: SR 23/Adams Rd
  • Type Use: Multi-Family, Office, Residential
  • County Zoning: R Single Family Residential District
  • Year Taxes Payable: 2025
  • Special Features: None
  • Year Built: 1925

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Well
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: Septic

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Mary Frank
  • Middle School: Discovery
  • High School: Penn
  • Elementary School: Mary Frank

Lot Info

  • Lot Dimensions: 203X642
  • Estimated Lot Sq Ft: 181645
  • Estimated Lot Size Acres: 4.17

Tax Info

  • Annual Taxes: 2631.72
  • Tax Code: Tax Code 06-Harris

MLS Schools

  • High School: Penn
  • Middle School: Discovery
  • School District: Penn-Harris-Madison School Corp.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,632 $162,100 $69,900 $92,200
2023 $2,584 $146,300 $70,900 $75,400
2022 $2,896 $162,500 $78,800 $83,700
2021 $2,717 $139,300 $63,500 $75,800
2020 $2,488 $128,100 $59,200 $68,900
2019 $2,286 $117,100 $54,100 $63,000
2018 $2,112 $109,100 $51,500 $57,600
2017 $2,175 $108,200 $51,500 $56,700
2016 $2,192 $108,600 $51,500 $57,100
2014 $1,788 $83,400 $39,200 $44,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2025 02/11/25 Pending -- -- --
01/02/2025 01/02/25 For Sale $395,000 -- --
Source: Indiana Regional MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202500101

Indiana Regional MLS

APN: 71-05-17-101-001.000-011