Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1645 Dye Crk Ct Zionsville, IN 46077

    Sponsored
    For Sale
    $395,000

    Residential Lots - Zionsville, IN

    Lot size:
    0.36 Acres
    Days on Market:
    226
    Last Refresh:
    Feb 7 at 10:06 am

    Property Features for 1645 Dye Crk Ct

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Planned Development
    APN
    000000000000000001
    Lot size
    0.36 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Andrea Kelly
    Andrea Kelly

    Encore Sotheby's International Realty (317) 660-4444

    Listing agent Andrea Kelly (317) 660-4444 License #RB14045433

    Listing date Jun 27, 2025

    MLS# 22044541 Listing URL

    Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Residential Lots in Gated Community

    Located in Zionsville, the property is part of the Bradley Ridge residential neighborhood, a 350-acre gated community set within woodlands with Eagle Creek at its center. Residents will have access to community amenities and social membership at Holliday Farms. The property is intended for residential use, offering the opportunity to build a custom estate.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Zionsville
    County
    Boone
    State
    Indiana
    Longitude
    -86.2811
    Latitude
    39.9647

    Nearby Similar for Sale

    • $1,049,000
      Pending

      7-Acre Property in Zionsville

      7-acre property with modern living space and premium improvements.
      440 South 800 East, Zionsville, IN 46077
      View Details
    • Contact for pricing

      Class A Office Building Zionsville

      Multi-tenant office building in Zionsville, near downtown retailers and restaurants.
      106th St & Main St, Zionsville, IN 46077
      View Details
    • $4,600,000

      Modern Office Building in Zionsville

      Modern office building for sale in Zionsville, Indiana.
      625 South Main St, Zionsville, IN 46077
      View Details
    • Contact for pricing
      6.00 Acres

      Prime Zionsville Fitness Center

      45K SF Fitness Center, 6 Acres
      10574 Workout Way, Zionsville, IN 46077
      View Details
    • $6,920,000
      14,550 SF

      Walgreens Zionsville, IN NNN Lease

      High-yield Walgreens investment. Strong tenant, long lease.
      200 Ford Rd, Zionsville, IN 46077
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lots in Zionsville's gated community with Holliday Farms membership.
    Where is this residential land & home lot located?
    The property is located at 1645 Dye Crk Ct Zionsville, IN.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - Located in Bradley Ridge, a 350-acre gated community in Zionsville.; - Nestled in lush woodlands with Eagle Creek at its core.; - Offers comfort, elegance, and a deep connection to nature.
    (317) 840-4056
    Request Owner's contact information
    1645 Dye Crk Ct Zionsville, IN 46077
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1645 Dye Crk Ct
    Zionsville, IN 46077
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1645 Dye Crk Ct Zionsville, IN 46077
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Andrea Kelly
    Andrea Kelly
    Real Estate License ID: RB14045433
    (317) 840-4056
    Learn more
    Google sign-in failed. Please try again or use another login method.