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    5 Acres Ml St Shelburn, IN 47879

    For Sale
    $100,000

    Other - Shelburn, IN

    Lot size:
    5.00 Acres
    Days on Market:
    664
    Last Refresh:
    Dec 6 at 5:06 pm

    Property Features for 5 Acres Ml St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    -
    Lot size
    5.00 Acres

    Building Details

    Architectural style
    Other

    Remax Real Estate Associates (812) 235-4433 [email protected]

    Listing agent SANDRA SCAMIHORN (812) 235-4433 License #RB14042412

    Listing date Feb 12, 2024

    MLS# 102715 Listing URL

    Copyright © 2025 Terre Haute Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cleared Land Near Highway 41

    This 5-acre lot is located just off Highway 41 South in Sullivan County, Indiana, on a hard-surfaced road. The land has been completely cleared and is currently being farmed. It is suitable for establishing a business or building a home. City water, sewer, and gas services are available.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Shelburn
    County
    Sullivan
    State
    Indiana
    Longitude
    -87.3438
    Latitude
    39.2094

    Nearby Similar for Sale

    • $360,000
      11,572 SF

      2453 In-48

      Self storage facilities • 11,572 SF
      2453 In-48, Shelburn, IN 47879
      View Details

    FAQs

    What type of property is this?
    Land - 5 acres of cleared land suitable for business or residential use.
    Where is this land located?
    The property is located at 5 Acres Ml St Shelburn, IN.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: - 5 Acres of cleared land suitable for business or residential use.; - Utilities available: City water, sewer, and gas.; - Located just off 41 S in Sullivan County.
    (812) 235-4433
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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
    5 Acres Ml St Shelburn, IN 47879
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