S Morgantown Road Greenwood, IN 46142

Listing agent Shelly Johnson License #RB14043056 Show Phone

Listing office Keller Williams Indy Metro S s***@kw.com N Emerson Ave Ste 300 48, Greenwood, IN Show Phone

Listing date Oct 14, 2025

Report an issue

MLS# 22067978 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.

---

Investment Insights

Based on property information with market context.

This 8.54-acre property in Greenwood, Indiana, offers a setting for a custom home. Located south of Travis Road in Center Grove, the land is cleared and ready for building. The property is zoned R-1 and has no HOA or deed restrictions. Up to 2 additional acres to the south may be available for purchase.

Key Highlights

• 8.5 acres of cleared land in Center Grove
• Ready for custom home build
• No HOA

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $1,250,000

  Downtown Retail Office Buildings

  Two-building retail and office property with lit pylon signage and in-place leases through at least 2027.

  640 S Madison Avenue, Greenwood, IN 46142

  View Details
• 

  $775,000

  Freestanding Retail/Office Building

  Freestanding building with B-1 zoning on 0.8 acres, positioned at a major road intersection for office or retail use.

  4978 W Smith Valley Road, Greenwood, IN 46142

  View Details
• 

  $799,900

  Commercial Building with Road Frontage

  Visible commercial building off Fry Road with substantial frontage, parking on-site, and flexible layout for multiple business uses.

  730 Fry Road, Greenwood, IN 46142

  View Details
• 

  $569,000

  Neighborhood Commercial Development Land

  Nearly 0.9-acre site with about 125 feet of road frontage, suited for a range of neighborhood commercial uses.

  4648 W Smith Valley Road, Greenwood, IN 46142

  View Details
• 

  $1,125,000

  Former Auto Repair Building and Land

  1.7-acre site with a 4,400 sq. ft. former auto repair building on three parcels, zoned B-1.

  4978 W Smith Valley Road, Greenwood, IN 46142

  View Details
• 

  $695,000

  3,440 SF

  Greenwood Office Building For Sale

  3,440 SF office building with 18 parking spots.

  200 N Emerson Ave, Greenwood, IN 46143

  View Details
• 

  $1,100,000

  Zoned R-2 Farmland Tract

  21.25-acre R-2 agricultural tract with city water available and defined building site area for development planning.

  1346 S Morgantown Road, Greenwood, IN 46143

  View Details
• 

  $1,900,000

  Agricultural Land with Pole Barn

  30.85 acres zoned R-2 with city water available and an on-site pole barn plus a lake.

  S Morgantown S Road, Greenwood, IN 46143

  View Details
• 

  $2,500,000

  Agricultural Land with Pole Barn

  R-2 zoned farmland includes a 1,600-ft pole barn and a 4.95-acre lake, with city water available nearby.

  Morgantown S Road, Greenwood, IN 46143

  View Details
• 

  $3,500,000

  19,500 SF

  Greenwood Retail Building with Warehouse

  High-visibility commercial property with stable income and growth potential.

  645 U.S. Highway 31 North, Greenwood, IN 46142

  View Details
• 

  $600,000

  Zoned Residential Farmland Tract

  Six-acre residentially zoned agricultural parcel with city water available, offering flexibility for future development planning.

  S Runyon Road, Greenwood, IN 46143

  View Details
• 

  $1,252,000

  Medical Office Condo with Exam Rooms

  Well-maintained medical office condo with exam rooms, offices, support space, and ample on-site parking.

  373 Meridian Parke Ln, Greenwood, IN 46142

  View Details

FAQs

What type of property is this?

Land - 8.54 acres of land ready for a custom home.

Where is this land located?

The property is located at S Morgantown Road Greenwood, IN.

What is the asking price?

The asking price for this property is $645,000.

What are key features of this property?

This property features: 8.5 acres of cleared land in Center Grove; Ready for custom home build; No HOA