5011 Cambridge Way Plainfield, IN 46168
Estimated payment $8,987/month
About This Lot
Possible Multifamily Development opportunity. Seize this exceptional investment opportunity in the thriving community of Plainfield, Indiana. This prime 5 +/- acre parcel of land, conveniently located off the Quaker Blvd exit, is a rare gem offering immense potential for a variety of uses. With its strategic location and excellent accessibility, this property is poised to deliver significant returns for savvy investors. Plainfield, Indiana, is renowned for its business-friendly environment, excellent infrastructure, and vibrant community life. The town boasts a diverse economy with strong industrial, retail, and residential sectors. Investing in this 5 +/- acre parcel provides a unique opportunity to capitalize on the region's growth and development potential. Flexible zoning options suitable for commercial, industrial, or residential development. Full access to essential utilities including water, electricity, and sewer services. Level terrain, ideal for construction and development projects. Perfect for mixed-use developments, retail centers, industrial parks, or residential communities. Proximity to major transportation routes enhances logistics and accessibility. Positioned in a high-growth corridor with promising future prospects.
Property Details
Property Type
- Land
Est. Annual Taxes
- $428
Lot Details
- 4.41 Acre Lot
- Additional Parcels
Listing and Financial Details
- Tax Lot 7, 8, pt 13
- Assessor Parcel Number 321501465001000012
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 | $103 | $5,300 | $5,300 | $0 |
| 2023 | $106 | $5,300 | $5,300 | $0 |
| 2022 | $107 | $5,300 | $5,300 | $0 |
| 2021 | $110 | $5,300 | $5,300 | $0 |
| 2020 | $111 | $5,300 | $5,300 | $0 |
| 2019 | $110 | $5,300 | $5,300 | $0 |
| 2018 | $112 | $5,300 | $5,300 | $0 |
| 2017 | $42 | $1,900 | $1,900 | $0 |
| 2016 | $46 | $2,100 | $2,100 | $0 |
| 2014 | $28 | $1,200 | $1,200 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/04/2025 11/04/25 | Price Changed | $1,700,000 | -1.4% | -- |
| 08/26/2025 08/26/25 | For Sale | $1,725,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Limited Warranty Deed | -- | None Available |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22058953
APN: 32-15-01-465-001.000-012
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