$1,500,900
PENDING

Estimated payment $9,699/month

Total Views 7,343
11 Acres
$135,095 Price per Acre
483,952 Sq Ft Lot

About This Lot

Prime 11.11 Acres for Industrial & Commercial Development Location: Franklin Road Zoning: I-2 (Light Industrial) This exceptional 11.11-acre parcel presents a rare opportunity for both Light industrial and commercial development. Located with direct access to Franklin Road, the property is perfectly situated to serve a variety of businesses looking for a strategic location. With I-2 zoning, this land offers a broad range of possibilities, from Light industrial uses such as manufacturing and distribution centers to commercial applications like warehouses, retail spaces, or mixed-use developments. The size and location of this property provide ample flexibility to cater to diverse business needs. Key Features: 11.11 acres of prime, developable land Zoned I-2 for industrial and commercial use Convenient access from Franklin Road Ideal for manufacturing, distribution, warehousing, or mixed-use commercial projects High visibility and excellent potential for growth

Listing Agent

Jass Samra

Keller Williams Indy Metro NE Brokerage Email: jsamra@jassamra.com License #RB14042693

Keller Williams Indy Metro NE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,060

Lot Details

  • 11.11 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 490725111010000770

Property Details

Property Type

Land

Est. Annual Taxes

$16,060

Lot Details

0

Listing Details

  • Type: Undeveloped
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2023
  • Lot Size Acres: 11.11
  • Road Frontage Type: City Street, Interstate
  • Road Surface Type: Dirt, Gravel
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: jsamra@jassamra.com
  • Attribution Contact: jsamra@jassamra.com
  • Special Features: None

Exterior Features

  • List Price: 1500900
  • Other Structures: Not Applicable
  • Topography: Level,Wooded
  • Road Access: Frontage Road,Street Cuts
  • Water: Municipal Water Near By

Utilities

  • Sewer: Municipal Sewer Near
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Additional Parcels: No
  • Current Use: Vacant
  • Development Status: Easements
  • Horse Amenities: None
  • Lot Size Sq Ft: 484082
  • Parcel Number: 490725111010000770
  • Zoning: I-2, CS
  • Acres: 10-20 Acres
  • Land Characteristics: Commercial Park,Industrial Park
  • Present Zoning: Commercial,Industrial
  • Price Acre: 135095
  • Soil Type: Not Applic
  • Divisible: No
  • Usable Acres: 11

Tax Info

  • Tax Annual Amount: 16060
  • Tax Lot: n/a
  • Semi Annual Property Tax Amt: 8030

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
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 $16,060 $559,100 $559,100 --
2023 $16,060 $559,100 $559,100 $0
2022 $15,617 $559,100 $559,100 $0
2021 $673 $22,200 $22,200 $0
2020 $609 $22,200 $22,200 $0
2019 $658 $22,200 $22,200 $0
2018 $659 $22,200 $22,200 $0
2017 $630 $22,200 $22,200 $0
2016 $666 $22,200 $22,200 $0
2014 $666 $22,200 $22,200 $0
2013 $666 $22,200 $22,200 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Pending -- -- --
01/06/2025 01/06/25 For Sale $1,500,900 +61.4% --
11/19/2021 11/19/21 Sold $930,000 -1.5% --
10/27/2021 10/27/21 Pending -- -- --
10/02/2021 10/02/21 For Sale $944,605 -- --
Source: MIBOR Broker Listing Cooperative®

Deed History

Date Type Sale Price Title Company
Warranty Deed -- Drake Andrew R
Warranty Deed $930,000 Drake Andrew R
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $837,000 Seller Take Back
Closed $837,000 Seller Take Back
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22016999

MIBOR Broker Listing Cooperative®

APN: 49-07-25-111-010.000-770