$52,500
SOLD APR 23, 2025

90 S Chestnut St Monrovia, IN 46157

0.22 Acre
$238,636 Price per Acre
9,627 Sq Ft Lot

Recently Sold

$45 Per Sq Ft

25% Below List Price

140 Days on Market

About This Lot

As of April 2025

Prime Vacant Lot with Multi-Family Potential in Charming Small Town Seize the opportunity to own a versatile property in the heart of Monrovia! This lot is ideally situated for developers, investors, or visionaries looking to create something special. Zoned R4 for residential/multi-family, the property offers endless possibilities, including building duplexes or townhomes. Key Features: Centrally located in the heart of town, near local amenities, schools, and post office Flat terrain, ready for development Water, sewer and electric are available at the street Potential for strong rental demand in a growing community This rare opportunity combines small-town charm with big potential. Whether you're building for your portfolio or your dream home, this lot is the blank canvas you've been waiting for.

Last Listed By

Tammy Everett

Everett Realty Group, LLC Brokerage Email: Tammy@EverettRealtyGroup.com License #RB14035727 Listed on: 12/02/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $242

Year Built

  • 1920

Lot Details

  • 9,627 Sq Ft Lot

Schools

  • Monrovia Elementary School
  • Monrovia Middle School
  • Monrovia High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 5 / 2
  • Assessor Parcel Number 550412310009000022
  • Seller Concessions Not Offered

Property Details

Property Type

Land

Est. Annual Taxes

$242

Year Built

1920

Lot Details

0

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2023
  • Lot Size Acres: 0.22
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: Tammy@EverettRealtyGroup.com
  • Attribution Contact: Tammy@EverettRealtyGroup.com
  • Special Features: None
  • Year Built: 1920

Exterior Features

  • List Price: 69900
  • Other Structures: Not Applicable
  • Topography: Cleared,Level
  • View Y N: No
  • Waterfront: No
  • Road Access: Street Cuts
  • Water: Municipal Water Near By

Utilities

  • Sewer: Municipal Sewer Near
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Monrovia Middle School

Lot Info

  • Lot Features: Access, Not In Subdivision
  • Additional Parcels: No
  • Development Status: Plat Recorded
  • Horse Amenities: None
  • Lot Size Sq Ft: 9627
  • Parcel Number: 550412310009000022
  • Zoning: R3
  • Acres: <1/4 Acre
  • Land Characteristics: Corner,Rectangle
  • Present Zoning: Single Family
  • Price Acre: 238636
  • Soil Type: Not Applic
  • Divisible: No

Tax Info

  • Tax Annual Amount: 242
  • Tax Block: 2
  • Tax Lot: 5
  • Semi Annual Property Tax Amt: 121
  • Tax Exemption: None

MLS Schools

  • Elementary School: Monrovia Elementary School
  • High School: Monrovia High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2017
Sold by
Walker Linda K
Bought by
Pierce Scott T
Total Days on Market
140
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Sold $52,500 -24.9% $45 / Sq Ft
04/21/2025 04/21/25 Pending -- -- --
12/02/2024 12/02/24 For Sale $69,900 -- $60 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

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 $255 $18,900 $18,900 $0
2023 $243 $18,900 $18,900 $0
2022 $244 $18,900 $18,900 $0
2021 $215 $17,200 $17,200 $0
2020 $204 $17,200 $17,200 $0
2019 $216 $17,200 $17,200 $0
2018 $541 $29,000 $24,600 $4,400
2017 $366 $29,300 $24,600 $4,700
2016 $1,040 $78,000 $24,600 $53,400
2014 $833 $77,000 $24,600 $52,400
2013 $833 $77,000 $24,600 $52,400
Source: Public Records

Agents Affiliated with this Home

  • Tammy Everett

    Seller's Agent in 2025

    Tammy Everett

    Everett Realty Group, LLC

    (317) 508-6277

    64 Total Sales

    Tammy Everett
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22013452

MIBOR Broker Listing Cooperative®

APN: 55-04-12-310-009.000-022

Indiana Morgan County Monrovia 46157

90 S Chestnut St, Monrovia, IN

This home is located at 90 S Chestnut St, Monrovia, IN 46157 and is currently priced at $52,500, approximately $45 per square foot. This property was built in 1920. 90 S Chestnut St is a home located in Morgan County with nearby schools including Monrovia Elementary School, Monrovia Middle School, and Monrovia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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