$700,000

Estimated payment $4,566/month

2 Acres
$350,000 Price per Acre
87,120 Sq Ft Lot

About This Lot

Excellent opportunity for new religious/church development! 4.56 Acre Development Site, 3 Parcel Portfolio for Sale. Zoned for Religious Use (SU-1) Also zoned, D-A (Dwelling Agriculture) and D-3 (Dwelling District Three). List price ($700,000) is for all 3 parcels ($154,525/Acre) (MLS#s: 21991753, 21991789, 21991791). Parcel #s: 49-15-19-115-019.000-500, 49-15-19-115-020.000-500, 49-15-19-115-021.000-500. Property is situated conveniently between the U.S. 31 and Madison Avenue corridors with literally hundreds of major retail, restaurant, entertainment, and service providers nearby. There is a 26' x 28' storage building on the property with loft. Building has electricity, well and septic. Municipal water and gas at easement, sanitary sewer close by. The property is an exceptional investment opportunity with multiple development options. Potential Buyers are encouraged to conduct appropriate due diligence and explore the various possibilities this property has to offer. TAX NOTE: Property is currently owned by a religious organization and is therefore exempt from property tax.

Listing Agent

Michael Huff

Keller Williams Indy Metro S Brokerage Email: michael.huff@kw.com License #RB14047252 Listed on: 07/23/2024

Keller Williams Indy Metro S

Property Details

Property Type

  • Land

Lot Details

  • 2 Acre Lot

Listing and Financial Details

  • Tax Lot 49-15-19-115-020.000-500
  • Assessor Parcel Number 491519115020000500

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Type: Undeveloped
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2023
  • Lot Size Acres: 2
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • MBR_AttributionContact: michael.huff@kw.com
  • Attribution Contact: michael.huff@kw.com
  • Special Features: None

Exterior Features

  • List Price: 700000
  • Other Structures: Equipment Shed
  • Topography: Level
  • Road Access: Frontage Road
  • Water: Municipal Water Near By

Utilities

  • Sewer: Municipal Sewer Near
  • Solid Waste: No

Lot Info

  • Additional Parcels: No
  • Development Status: NoStatus
  • Horse Amenities: None
  • Lot Size Sq Ft: 87120
  • Parcel Number: 491519115020000500
  • Zoning: SU-1, D-3
  • Acres: 1-3 Acres
  • Land Characteristics: Mature Trees,Suburban
  • Present Zoning: See Remarks
  • Price Acre: 350000
  • Soil Type: Not Applic
  • Divisible: Yes

Tax Info

  • Tax Lot: 49-15-19-115-020.000-500
  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: Other Tax Exemption/See Remarks

Map

Range of Values:

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List Price
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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 -- $34,100 $11,500 $22,600
2023 -- $33,400 $11,500 $21,900
2022 $0 $31,100 $11,500 $19,600
2021 $0 $27,600 $11,500 $16,100
2020 $0 $26,800 $11,500 $15,300
2019 $0 $24,700 $10,500 $14,200
2018 $0 $24,200 $10,500 $13,700
2017 $0 $24,300 $10,500 $13,800
2016 -- $23,400 $10,500 $12,900
2014 -- $22,000 $10,500 $11,500
2013 -- $21,200 $10,500 $10,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Off Market $700,000 -- --
11/02/2024 11/02/24 For Sale $700,000 0.0% --
11/02/2024 11/02/24 For Sale $700,000 0.0% --
08/13/2024 08/13/24 Pending -- -- --
08/13/2024 08/13/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $700,000 0.0% --
07/24/2024 07/24/24 For Sale $700,000 -- --
Source: MIBOR Broker Listing Cooperative®

Mortgage History

Date Status Loan Amount Loan Type
Closed $160,000 Unknown
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21991789

MIBOR Broker Listing Cooperative®

APN: 49-15-19-115-019.000-500