$1,500,000

7477 W Raymond Run Ellettsville, IN 47429

Estimated payment $8,951/month

Total Views 766
4.82 Acres
$311,333 Price per Acre
209,872 Sq Ft Lot

About This Lot

Shovel ready commercial land totaling approximately 4.818 acres. Includes 2 parcels: 7477 & 7485 W Raymond Run. Seller has apartment complex plans approved from Town of Ellettsville for 72 units and 150 bedrooms total. Unit mix is 6-1 bedrooms, 54-2 bedrooms, and 12-3 bedrooms. All permits and plans for apartment complex will be included in the sale.

Listing Agent

Andy Lynch

Millican Realty Brokerage Phone: 812-345-0806 Listed on: 09/05/2025

Co-Listing Agent

Alan Pemberton

Millican Realty Brokerage Phone: 812-345-0806

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,981

Lot Details

  • 4.82 Acre Lot
  • Finished Lot(s)
  • Property is zoned C3, General Commercial

Schools

  • Edgewood Elementary And Middle School
  • Edgewood High School

Utilities

  • Heating System Uses Gas

Community Details

  • Litten Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 53-04-04-400-027.001-013

Property Details

Property Type

Land

Est. Annual Taxes

$11,981

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: 009-27630-00 PT NW SE 4-9-2W 3.858A PLAT 25 & 009-20605-73 Litten Estates Ph 2 Lot 73
  • Parcel Number ID: 53-04-04-400-027.001-013
  • Platted: Yes
  • Inside City Limits: Yes
  • Location: City, Subdivision
  • Parcel Id2: 53-04-04-400-040.073-013
  • Road Access: City
  • Road Surface: Paved
  • Zoning Description: General Commercial
  • Parcel Description: Slope, Undeveloped, 3-5.9999
  • Restrictions: Sidewalk Required, SqFt Restrictions
  • Platted Development: Yes
  • Side Of Road: East
  • Type Use: Commercial, Multi-Family, Residential
  • Year Taxes Payable: 2025
  • Special Features: None

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Ellettsville Water Sewage
  • Cable Company: Comcast/Xfinity, Smithville Communications
  • Electricity Type: Available
  • Fuel Type: Electric, Gas
  • Sewer Type: City

Schools

  • School District: Richland-Bean Blossom Community Schools
  • Elementary School: Edgewood
  • Middle School: Edgewood
  • High School: Edgewood
  • Elementary School: Edgewood

Lot Info

  • Lot Dimensions: IRR
  • Estimated Lot Sq Ft: 209872
  • Estimated Lot Size Acres: 4.818

Tax Info

  • Annual Taxes: 11980.58

MLS Schools

  • High School: Edgewood
  • Middle School: Edgewood
  • School District: Richland-Bean Blossom Community Schools

Map

Range of Values:

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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 $11,700 $578,700 $578,700 $0
2023 $3,048 $289,400 $289,400 $0
2022 $5,883 $289,400 $289,400 $0
2021 $6,488 $289,400 $289,400 $0
2020 $6,768 $289,400 $289,400 $0
2019 $228 $9,700 $9,700 $0
2018 $233 $9,700 $9,700 $0
2017 $259 $9,700 $9,700 $0
2016 $246 $9,700 $9,700 $0
2014 $234 $9,700 $9,700 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 For Sale $1,500,000 +402.5% --
12/05/2019 12/05/19 Sold $298,500 -8.2% --
08/01/2019 08/01/19 Pending -- -- --
03/08/2019 03/08/19 Price Changed $325,000 -7.1% --
08/08/2018 08/08/18 Price Changed $350,000 -12.5% --
01/31/2018 01/31/18 For Sale $400,000 -- --
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 None Available
Limited Warranty Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Sheriffs Deed $91,000 None Available
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202535828

Indiana Regional MLS

APN: 53-04-04-400-027.001-013