$1,326,000
SOLD OCT 16, 2025

17325 Spring Mill Rd Westfield, IN 46074

3 Acres
$442,000 Price per Acre
130,680 Sq Ft Lot

Recently Sold

26% Below List Price

116 Days on Market

About This Lot

As of October 2025

Located at the high-traffic intersection of US 32 and Spring Mill Road, this stunning 3+ acre parcel offers exceptional frontage and visibility, making it ideal for commercial development. With utilities already on site, the property is ready for your vision. Take advantage of the prime location with easy access and great exposure from both Spring Mill Road and State Route 32. Don't miss this fantastic opportunity to build your dream project!

Last Agent to Sell the Property

Sanam Khan

Highgarden Real Estate License #RB18001423 Listed on: 01/09/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $104

Lot Details

  • 3 Acre Lot

Schools

  • Maple Glen Elementary School
  • Westfield Middle School
  • Westfield Intermediate School
  • Westfield High School

Community Details

  • No Home Owners Association
  • Springmill Villas Subdivision

Listing and Financial Details

  • Legal Lot and Block 2004, / B
  • Assessor Parcel Number 290902060092000015
  • Seller Concessions Not Offered

Property Details

Property Type

Land

Est. Annual Taxes

$104

Lot Details

0

Listing Details

  • Type: Undeveloped
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2023
  • Lot Size Acres: 3
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Springmill Villas
  • Transaction Type: Sale
  • Special Features: None

Exterior Features

  • Other Structures: Not Applicable
  • Topography: Not Applic
  • View Y N: No
  • Waterfront: No
  • Road Access: Frontage Road,Street Cuts
  • Water: Not Applic

Utilities

  • Sewer: Not Applicable
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Westfield Middle School
  • MBR_IntermediateSchool: Westfield Intermediate School

Lot Info

  • Additional Parcels: No
  • Development Status: Surveyed
  • Horse Amenities: None
  • Lot Size Sq Ft: 130680
  • Parcel Number: 290902060092000015
  • Zoning: Commercial
  • Acres: 3-5 Acres
  • Land Characteristics: City
  • Present Zoning: Commercial
  • Soil Type: Not Applic
  • Divisible: Yes

Tax Info

  • Tax Annual Amount: 104
  • Tax Block: B
  • Tax Lot: 2004,
  • Semi Annual Property Tax Amt: 52

MLS Schools

  • Elementary School: Maple Glen Elementary
  • High School: Westfield High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Oct 16, 2025
Sold by
O5-West Llc
Bought by
Young Leaders Properties Llc
Seller's Agent
Sanam Khan
Highgarden Real Estate
List Price
$1,800,000
Sold Price
$1,326,000
Premium/Discount to List
-$474,000
-26.33%
Views
31
Current Estimated Value
$1,387,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,141
Avg. Annual Appreciation
18.17%
Original Mortgage
$900,000
Outstanding Balance
$900,000
Interest Rate
6.5%
Mortgage Type
Construction
Estimated Equity
$487,141

Purchase Details

Closed on
Apr 29, 2022
Sold by
N & O Ii Llc
Bought by
O5-West Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$842,105
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2021
Sold by
Springmill Shoppes Limited Liability Com
Bought by
N & O Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2021
Sold by
Springmill Shoppes Limited Liability Com
Bought by
N & O Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
3.05%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $1,200,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 Construction
Previous Owner $842,105 New Conventional
Previous Owner $862,500 New Conventional
Previous Owner $862,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2025 10/16/25 Sold $1,326,000 -26.3% --
05/05/2025 05/05/25 Pending -- -- --
01/09/2025 01/09/25 For Sale $1,800,000 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

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 $105 $6,800 $6,800 --
2023 $210 $4,500 $4,500 $0
2022 $207 $4,500 $4,500 $0
2021 $199 $4,000 $4,000 $0
2020 $218 $4,800 $4,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22015834

MIBOR Broker Listing Cooperative®

APN: 29-09-02-060-092.000-015