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    23518 Oak Ridge Rd Sheridan, IN 46069

    Pending
    For Sale
    $280,000

    Residential Lots - Sheridan, IN

    Lot size:
    3.00 Acres
    Days on Market:
    62
    Last Refresh:
    Dec 7 at 6:06 pm

    Property Features for 23518 Oak Ridge Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    AGRI/RESIDENTIAL
    APN
    010502000000010002
    Lot size
    3.00 Acres

    Building Details

    Architectural style
    Other

    REAL BROKER, LLC (317) 614-5445 [email protected]

    Listing agent Andrea Lougheed (317) 794-2827 License #RB17002099

    Listing date Oct 7, 2025

    MLS# 22065905 Listing URL

    Copyright © 2025 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.

    Overview

    Hamilton County Residential Land Opportunity

    This 3-acre property in Hamilton County presents an opportunity to build a custom home. The land offers open, tillable ground suitable for various uses, including livestock, barns, and gardens. Utilities are available, with natural gas accessible from Oak Ridge Road. Electric service is provided by Duke Energy. Soil tests confirm the land's suitability for a well and septic system. A 30-foot drainage and utility easement is planned along the rear of the tract, with a semi-annual drainage assessment of $38. High-speed connectivity is possible via Verizon 4G Hotspot or AT&T internet service. Currently part of a larger 13+ acre parcel, additional land is negotiable. The offer must be contingent upon final county approval. A new plat will be created with a new address assigned after parceling off.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Wholesale Shop Auto Parts Store Pawn Shop Bed & Breakfast Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sheridan
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.147979
    Latitude
    40.129355

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    FAQs

    What type of property is this?
    Land - 3 acres in Hamilton County, build your dream home!
    Where is this land located?
    The property is located at 23518 Oak Ridge Rd Sheridan, IN.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: - 3 Acres of land with no HOA restrictions, offering freedom and flexibility.; - Natural gas availability from Oak Ridge Road, a rare utility for rural properties.; - Positive soil tests confirm suitability for well and septic system.
    (317) 794-2827
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    Sheridan, IN 46069
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    Realmo Value Estimation

    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.

    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.

    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
    23518 Oak Ridge Rd Sheridan, IN 46069
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