21993 Oak Ridge Rd Sheridan, IN 46069
Estimated payment $7,730/month
About This Lot
Prime 40-Acre Development Opportunity - Rural Sheridan, Indiana | Sheridan School District Welcome to a rare and versatile offering in the heart of Hamilton County-40 scenic acres split between two parcels (5 acres and 35 acres), located in peaceful rural Sheridan, Indiana, and proudly situated within the highly regarded Sheridan Community School Corporation. This expansive tract of land presents incredible potential for development into 10-acre estate lots, ideal for luxury country homes, equestrian estates, or a private family compound. The property features gentle rolling terrain, mature tree lines, and wide-open spaces, creating a tranquil canvas for custom estate living. Highlights: Total of 40 Acres: Two contiguous parcels - one 5-acre lot and one 35-acre lot Zoned for Residential Use (subject to local approvals) Ideal for 10-Acre Estate Lot Subdivision Excellent Road Access and proximity to utilities Located in the Sheridan School District Quick Access to SR-47, US-31, and Westfield/Carmel Amenities Whether you're a developer looking to create high-end rural estates, or a private buyer seeking acreage for your dream home with room to expand, this property checks all the boxes. Properties of this size and flexibility in Sheridan are increasingly rare-don't miss your opportunity to invest in one of Central Indiana's most promising rural communities. Schedule a tour today and explore the possibilities of this unique land opportunity!
Listing Agent
eXp Realty, LLC Brokerage Email: thomas.colvin@exprealty.com License #RB14025301 Listed on: 04/18/2025
Co-Listing Agent
eXp Realty, LLC Brokerage Email: thomas.colvin@exprealty.com License #RB19002244
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,398
Lot Details
- 40 Acre Lot
- Additional Parcels
Schools
- Sheridan Elementary School
- Sheridan Middle School
- Sheridan High School
Utilities
- Water Not Available
- Septic Needed
Listing and Financial Details
- Legal Lot and Block 290512000003.000-001 / 12
- Assessor Parcel Number 290512000003000001
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 | $1,219 | $137,800 | $84,300 | $53,500 |
| 2023 | $1,254 | $133,900 | $83,300 | $50,600 |
| 2022 | $1,274 | $128,300 | $82,200 | $46,100 |
| 2021 | $1,241 | $123,500 | $81,600 | $41,900 |
| 2020 | $1,239 | $124,900 | $81,600 | $43,300 |
| 2019 | $898 | $102,200 | $54,900 | $47,300 |
| 2018 | $904 | $100,900 | $55,100 | $45,800 |
| 2017 | $868 | $99,300 | $55,700 | $43,600 |
| 2016 | $846 | $99,200 | $56,000 | $43,200 |
| 2014 | $804 | $89,900 | $52,300 | $37,600 |
| 2013 | $804 | $89,200 | $51,600 | $37,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/14/2025 05/14/25 | Pending | -- | -- | -- |
| 04/18/2025 04/18/25 | For Sale | $1,400,000 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22033713
APN: 29-05-12-000-003.001-001
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