$139,900
$10K PRICE DROP

221 E Pat Rady Way Bainbridge, IN 46105

Estimated payment $782/month

Total Views 12,080
0.24 Acre
$582,917 Price per Acre
10,542 Sq Ft Lot

About This Lot

Prime 0.24-acre commercial lot in Bainbridge, Indiana, boasting over 135 feet of road frontage along bustling US Highway 36, just minutes from rapidly growing Danville, currently thriving as a car dealership with over $900,000 in inventory sales annually for the past two years and on track to exceed $1 million this year. The property features a high-visibility 5'x10' multipurpose advertising sign, a 35-foot flagpole with a 19'x10' American flag, and a 3-year-old, insulated 12'x7' utility shed serving as an office, complete with power, WiFi, electricity, heating, and cooling. Multiple power connections across the lot enhance operational flexibility. The seller's "buy here, pay here" financing model, with loans and inventory, is excluded from the lot sale but negotiable for a full business purchase. Ideal for continuing as a dealership or redeveloping for retail or service businesses, this high-traffic lot offers proven revenue potential in a region experiencing Danville's dynamic growth.

Listing Agent

Zachary Nichols

RE/MAX Cornerstone Listed on: 07/03/2025

RE/MAX Cornerstone

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $602

Lot Details

  • 10,542 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 1-6,6-7 / H
  • Assessor Parcel Number 670501303137000014

Property Details

Property Type

Land

Est. Annual Taxes

$602

Lot Details

0

Listing Details

  • Type: Not Applic
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2024
  • Lot Size Acres: 0.24
  • Road Frontage Type: Highway
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Special Features: None

Exterior Features

  • Other Structures: See Remarks
  • Topography: Not Applic
  • Road Access: Frontage Road
  • Water: Not Applic

Utilities

  • Sewer: Not Applicable
  • Solid Waste: No

Lot Info

  • Current Use: Auto Dealer
  • Development Status: NoStatus
  • Horse Amenities: None
  • Lot Size Sq Ft: 10542
  • Parcel Number: 670501303137000014
  • Zoning: C2 General Commercial
  • Acres: <1/4 Acre
  • Land Characteristics: Other
  • Present Zoning: Commercial
  • Soil Type: Not Applic
  • Divisible: No

Tax Info

  • Tax Annual Amount: 602
  • Tax Block: H
  • Tax Lot: 1-6,6-7
  • Semi Annual Property Tax Amt: 301

Map

Range of Values:

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Sold 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 $602 $29,100 $21,300 $7,800
2023 $780 $29,000 $21,300 $7,700
2022 $614 $22,900 $21,300 $1,600
2021 $590 $22,700 $21,300 $1,400
2020 $601 $22,700 $21,300 $1,400
2019 $563 $22,700 $21,300 $1,400
2018 $498 $22,900 $21,300 $1,600
2017 $431 $20,000 $18,600 $1,400
2016 $387 $20,000 $18,600 $1,400
2014 $406 $20,000 $18,600 $1,400
2013 $406 $20,000 $18,600 $1,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2025 10/06/25 Price Changed $139,900 -3.5% --
08/25/2025 08/25/25 Price Changed $145,000 -3.3% --
07/03/2025 07/03/25 For Sale $150,000 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $10,000 None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

About the Listing Agent

Zachary Nichols

RE/MAX Cornerstone

(765) 300-4079

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Raised in Cloverdale, I grew up with a passion for serving and helping others. My upbringing, coupled with some excellent advice from my wonderful parents, Pastor Matt and Andrea Nichols, eventually led me to Charis Bible College in Colorado. I graduated with an associate degree in biblical studies, while working part time as a car salesman at the most successful used car dealer in the nation. Following my studies, I left for the military to pursue my desire to serve. I joined the Marine Corps,

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22048843

MIBOR Broker Listing Cooperative®

APN: 67-05-01-303-137.000-014