14571 N Cedar St Carbon, IN 47837
Estimated payment $2,786/month
About This Home
Incredible Investment Opportunity 5-Bedroom Home + 3-Bedroom Home on 22 City Lots!
Welcome to 14571 N Cedar Street in the quiet town of Carbon, Indiana a truly unique and versatile property offering massive potential for homeowners, investors, or developers. Situated on 22 city lots, this expansive parcel features not one, but two homes, two pole buildings, and a detached garage, with plenty of space left to expand.
The main residence is a spacious 5-bedroom, 2-bathroom home, perfect for a large family or rental income. The second home is a 3-bedroom house that could serve as a guest home, rental unit, or multi-generational living space. Two large pole barns provide ample room for storage, workshops, or business use, while the oversized lot allows endless possibilities for future development.
Zoned for residential use, this property offers the potential to build additional homes, duplexes, or apartment units, making it an ideal investment for developers looking to expand in a peaceful, small-town setting. Whether you’re seeking a multi-family living arrangement, rental income, or your next development project this property is ready to deliver.
Highlights:
5-bed, 2-bath main home
3-bed secondary home
2 large pole buildings + detached garage
22 total city lots with development potential
Ideal for residential investment or expansion
Contact Land Specialists Caleb Emrick at 812-605-3163 or Todd Harrison at 812-229-1189 for more information or to schedule a showing.
Caleb Emrick
Listed on: 05/29/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $565
Lot Details
- Potential uses include for development
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
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 | $565 | $165,400 | $7,800 | $157,600 |
| 2023 | $668 | $158,300 | $700 | $157,600 |
| 2022 | $1,689 | $165,200 | $700 | $164,500 |
| 2021 | $84 | $4,000 | $700 | $3,300 |
| 2020 | $95 | $5,200 | $1,600 | $3,600 |
| 2019 | $104 | $40,400 | $1,600 | $38,800 |
| 2018 | $136 | $42,500 | $1,600 | $40,900 |
| 2017 | $160 | $41,800 | $1,600 | $40,200 |
| 2016 | $161 | $41,900 | $1,600 | $40,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Price Changed | $495,000 | -8.3% | $204 / Sq Ft |
| 05/29/2025 05/29/25 | For Sale | $540,000 | -- | $222 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $12,000 | -- | |
| Deed | $31,500 | None |
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