Vacant Agricultural Land with Road
Indiana Ave County Road 1 Elkhart, IN 46517
Indiana Ave County Road 1, Elkhart, IN, 46517
$2,900,000
For Sale
$2,900,000
LAND - Elkhart, IN
Lot Size148.00 Acres
Days on Market1061
Property Features for Indiana Ave County Road 1
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 20-05-10-176-001.000-001
- Lot size
- 148.00 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- Property Address: Indiana Avenue, CR 1, Ash Road, Osceola, In 46561 Parcel Numbers 20-05-10-176-001.000-001 (72.723A assessor) 20-05-10-129-001.000-001 (6.5 acres measured 8.2 A assessor) 20-05-10-251-001.000-001 (41A assessor) 20-05-10-276-010.000-001 (28.223A assessor) 148 acres +/-
- Tax Annual Amount
- 5000
Listing agency
Bartel & Company
(574) 825-2115
Listed by
Brad Hooley · License #RB14018099
(574) 596-9890
Added: Aug 28, 2023 Updated: Jul 6 at 4:13PM Checked: Jul 23 at 7:06AM
MLS# 202331029
Copyright © 2026 Elkhart County Board 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.
Investment Insights
Based on property information with market context.
The offering consists of 148 acres of vacant land that has been converted back to agricultural use from the former Osceola Raceway. The site is described as having sandy, well-drained soil. A commercial shop building and a concession building to the west are also listed for sale separately.
The property has road frontage and access to Indiana Avenue, County Road 1, and Ash Road. The area includes much residential development, which may be relevant for planning site use and future development considerations. The current zoning is M2, and the listing remarks indicate that a down-zone to R or Ag may be a straightforward process, subject to verification.
This land may suit buyers looking for agricultural use or other redevelopment opportunities consistent with local zoning and approvals. Prospective buyers and brokers should review the zoning basis for the requested down-zone and confirm which agricultural or related uses are supported under M2 and any planned rezoning pathway. Given the presence of additional buildings sold separately, due diligence on the overall site configuration and separate parcel ownership should be part of the decision process.
The property has road frontage and access to Indiana Avenue, County Road 1, and Ash Road. The area includes much residential development, which may be relevant for planning site use and future development considerations. The current zoning is M2, and the listing remarks indicate that a down-zone to R or Ag may be a straightforward process, subject to verification.
This land may suit buyers looking for agricultural use or other redevelopment opportunities consistent with local zoning and approvals. Prospective buyers and brokers should review the zoning basis for the requested down-zone and confirm which agricultural or related uses are supported under M2 and any planned rezoning pathway. Given the presence of additional buildings sold separately, due diligence on the overall site configuration and separate parcel ownership should be part of the decision process.
Key Highlights
- 148 acres (more or less) vacant land; former Osceola Raceway converted back to agricultural use
- Sandy, well‑drained soil
- Road frontage and access to Indiana Avenue, CR 1, and Ash Road
Property Analytics
Location Intelligence
Current Use by Public Records
Agricultural land / Farmland
Similar For Sale Nearby
FAQs
What type of property is this?
Agricultural land / Farmland - Vacant acreage with sandy, well-drained soil and multiple road access points in Elkhart County.
Where is this agricultural land / farmland located?
The property is located at Indiana Ave County Road 1 Elkhart, IN.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 148 acres (more or less) vacant land; former Osceola Raceway converted back to agricultural use; Sandy, well‑drained soil; Road frontage and access to Indiana Avenue, CR 1, and Ash Road
