51405 Elm Rd Granger, IN 46530
Estimated payment $6,947/month
About This Lot
PRIME LOCATION: Discover this remarkable investment or development opportunity on Elm Road on 5 +/- acres. Located directly across from Harris Branch Library (P-H-M) and just a short walk to Harris Township Park and Granger Paths walking/biking trail, this property offers limitless potential for residential or commercial development. While there is currently a house and barn on property, the value is in the land. Property is sold as-is. The seller will not pay for demolition, repairs, or permits. Currently zoned Residential.
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,618
Lot Details
- 5.01 Acre Lot
- Lot Dimensions are 330x661
- Property fronts a county road
- Finished Lot(s)
- Subdivision Possible
Schools
- Northpoint Elementary School
- Discovery Middle School
- Penn High School
Utilities
- Heating System Uses Gas
- Private Water Source
- Well
- Septic System
Listing and Financial Details
- Assessor Parcel Number 71-04-14-277-017.000-011
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 | $2,307 | $288,300 | $80,800 | $207,500 |
| 2023 | $2,259 | $259,800 | $79,700 | $180,100 |
| 2022 | $4,618 | $259,100 | $78,500 | $180,600 |
| 2021 | $2,415 | $236,700 | $61,200 | $175,500 |
| 2020 | $2,162 | $220,900 | $57,300 | $163,600 |
| 2019 | $1,296 | $148,300 | $40,000 | $108,300 |
| 2018 | $1,292 | $149,500 | $40,200 | $109,300 |
| 2017 | $1,362 | $149,500 | $40,900 | $108,600 |
| 2016 | $1,593 | $157,400 | $41,200 | $116,200 |
| 2014 | $1,676 | $163,200 | $50,400 | $112,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2025 11/12/25 | Price Changed | $1,245,000 | -0.4% | -- |
| 04/05/2024 04/05/24 | For Sale | $1,250,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Indiana Regional MLS
MLS Number: 202411282
APN: 71-04-14-277-017.000-011
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