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    S Morgantown Rd Greenwood, IN 46142

    For Sale
    $645,000

    Residential Lots - Greenwood, IN

    Lot size:
    8.54 Acres
    Days on Market:
    57
    Last Refresh:
    Dec 9 at 3:06 pm

    Property Features for S Morgantown Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-1
    APN
    410416041079000037
    Lot size
    8.54 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Indy South (317) 882-5900 [email protected]

    Listing agent Shelly Johnson (317) 882-5900 License #RB14043056

    Listing date Oct 14, 2025

    MLS# 22067978 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

    Greenwood Residential Lots For Sale

    This 8.54-acre property in Greenwood, Indiana, offers an ideal setting for building a custom home. The land, located south of Travis Road in the Center Grove area, is cleared and ready for development. The property is zoned R-1 and has no Home Owners Association or deed restrictions. An additional 2 acres to the south may also be available for purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Greenwood
    County
    Johnson
    State
    Indiana
    Longitude
    -86.19757165073
    Latitude
    39.567106870767

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    FAQs

    What type of property is this?
    Land - 8.54 acres of residential land in Greenwood, Indiana.
    Where is this land located?
    The property is located at S Morgantown Rd 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: - Cleared 8.5-acre lot ready for custom home construction.; - Located in highly sought-after Center Grove area.; - No HOA or Deed Restrictions, offering flexibility.
    (317) 882-5900
    Request Owner's contact information
    S Morgantown Rd Greenwood, IN 46142
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    Greenwood, IN 46142
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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
    S Morgantown Rd Greenwood, IN 46142
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