90 S Chestnut St Monrovia, IN 46157
About This Lot
As of April 2025Prime 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 Agent to Sell the Property
Everett Realty Group, LLC Brokerage Email: Tammy@EverettRealtyGroup.com License #RB14035727
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22013452
APN: 55-04-12-310-009.000-022
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