$25,000
$5K PRICE DROP

420 S Section St Sullivan, IN 47882

Estimated payment $178/month

Total Views 32,072
0.48 Acre
$52,083 Price per Acre
20,909 Sq Ft Lot

About This Lot

Discover an exceptional opportunity on Section Street in the heart of Sullivan, IN. This expansive property spans from Section Street to Star Avenue, offering immense potential for commercial development with the possibility of creating two separate building lots. Nestled in a tranquil neighborhood, this property provides a perfect canvas for your vision, whether it's a business in a prime location, a single sprawling estate, two distinct homes, 2 duplexes or an apartment building. The location combines the charm of a quiet residential area with the convenience of being close to local businesses, amenities, schools, and parks. Imagine the endless possibilities for building your dream home or investment properties in this desirable area. Don’t miss out on this rare chance to own a substantial piece of land in Sullivan, IN. Embrace the potential and make your vision a reality on Section Street.

Listing Agent

Wes Bedwell

SIGNATURE REAL ESTATE License #RB14025748 Listed on: 07/24/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $540

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 88 x 239
  • Cleared Lot
  • Property is zoned Commercial

Schools

  • Sullivan Elementary School
  • Sullivan Middle School
  • Sullivan High School

Utilities

  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 07-33-441-123.000-012

Property Details

Property Type

Land

Est. Annual Taxes

$540

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 420 S Section Street
  • OFFICELIST_ADDRESS2: 405 Star Avenue
  • Second Address Number: 420
  • Master Lav: 23,900
  • Home Sale Contingency: No
  • Directions: US to Section Street in Sullivan. The property is on the West side of Section Street just South of Sullivan Laundry Center and the former Acorn Grill.
  • Property Includes: This property includes the lot that faces Section Street as well as the lot that faces Star Avenue.
  • OFFICELIST_STATE: IN
  • Street Designation: Street
  • Parcel1Number: 07-33-441-056.000-012
  • Parcel2Number: 07-33-441-123.000-012
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Foreclosure: No
  • Basement Type: Commercial

Exterior Features

  • Number of Acres: 0.48
  • Price Per Acre: 52083.33

Utilities

  • Gas Company: City Gas
  • Sewer: City Sewer
  • Water Supply: City Water
  • Utilities Available: Electric

Fee Information

  • Tax Class: LAND
  • Taxes: 540

Schools

  • Elementary School: Sullivan Elem
  • Middle School: Sullivan MS
  • High School: Sullivan
  • Elementary School: Sullivan Elem
  • High School: Sullivan
  • Middle School: Sullivan MS

Lot Info

  • Lot Description: Cleared Lot
  • Lot Size: 88 X 239
  • Zoning: Commercial

Tax Info

  • Tax Year: 2023

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 $540 $18,000 $18,000 $0
2023 $540 $18,000 $18,000 $0
2022 $540 $18,000 $18,000 $0
2021 $540 $18,000 $18,000 $0
2020 $1,146 $38,200 $18,000 $20,200
2019 $1,146 $38,200 $18,000 $20,200
2018 $1,146 $38,200 $18,000 $20,200
2017 $1,122 $37,400 $18,000 $19,400
2016 $1,122 $37,400 $18,000 $19,400
2014 $540 $18,000 $18,000 $0
2013 $540 $18,000 $18,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2024 10/03/24 Price Changed $25,000 -16.7% --
07/24/2024 07/24/24 For Sale $30,000 -- --
Source: Terre Haute Area Association of REALTORS®

Source: Terre Haute Area Association of REALTORS®

MLS Number: 104089

APN: 77-07-33-441-056.000-012