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    9113 E Gayle Dr Morgantown, IN 46160

    For Sale
    $52,575

    Residential Lots - Morgantown, IN

    Lot size:
    0.93 Acres
    Days on Market:
    48
    Last Refresh:
    Dec 10 at 10:06 pm

    Property Features for 9113 E Gayle Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RESIDENTIAL
    APN
    551413420018000012
    Lot size
    0.93 Acres

    Taxes and HOA fees

    Expense value
    500
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    Chief Realty (812) 597-5755 [email protected]

    Listing agent John Walker (317) 797-7066 License #RB14046490

    Listing date Oct 24, 2025

    MLS# 21849423 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

    Residential Lot with Lake Access

    This residential lot offers a beautiful country location suitable for building a dream home. The 0.933-acre property is fully wooded and provides enough acreage to enjoy the country without requiring full-time maintenance. The lot includes access to a 15 to 16-acre private lake shared within a quiet subdivision. The location allows for easy access to Indianapolis, Bloomington, and Columbus. The property is located in Morgantown, Indiana.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Morgantown
    County
    Morgan
    State
    Indiana
    Longitude
    -86.255684
    Latitude
    39.392426

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    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot with access to a private 15-acre lake.
    Where is this residential land & home lot located?
    The property is located at 9113 E Gayle Dr Morgantown, IN.
    What is the asking price?
    The asking price for this property is $52,575.
    What are key features of this property?
    This property features: - Access to a private 15-16 acre lake.; - Ideal acreage for country living.; - Bring your own builder to create a custom home.
    (317) 797-7066
    Request Owner's contact information
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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
    9113 E Gayle Dr Morgantown, IN 46160
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