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Agricultural Land with Lake
For Sale
$1,900,000

S Morgantown S Road, Greenwood, IN 46143

Land, Greenwood, IN

Property Size1,600 SF
Lot Size30.85 Acres
Price / SF$1,187
Days on Market104

Property Features for S Morgantown S Road

General Information

Property type Land
Property subtype Other
Zoning r2
Subdivision Subdivision Not Available See Legal
View Water
Elementary school district Center Grove Community School Corp
Middle school district Center Grove Community School Corp
High school district Center Grove Community School Corp
Directions North of the bridge on Morgantown Rd. in between Olive Branch Rd. and Smith Valley Rd. 31 acres east of Morgantown Rd.
Standard status Active
APN 410403032009000038
Lot size 30.85 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description W Sw S3 T13 R3
Legal Description W Sw S3 T13 R3

Utilities

Sewer type Septic Needed
Water front features Lake, Lake Front, Creek
Water front 1
Listing Agency: Jeff Paxson Team
Listed By: Jeffrey Paxson · License #RB14044826
Added: May 19 Changed: Aug 28 Last Checked: Aug 30 at 4:06AM
MLS# 22103295

Copyright © 2026 Broker Listing Cooperative®. 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 30.85-acre agricultural property is currently used for farming and includes a 4.95-acre lake, creek features, and a 1600 ft. pole barn. The parcel is zoned R-2 and located in White River Township within the Center Grove Schools district.

City water is currently available at Morgantown Rd, while septic is needed. An additional adjacent 6 acres may be available if purchased with or after the listed parcel. The seller retains crop rights if applicable.

Key Highlights

  • 30.85 acres of agricultural land in White River Township
  • 4.95‑acre lake with lakefront and creek features
  • R‑2 zoning with current agricultural use

Property Analytics

Current Use

Waterfront Land

Location Intelligence

Trade Area within ½ mile

50
Businesses Nearby

Demographics for 46143, IN

62,618
Population
23,417
Households
2.7
Avg Household Size
36
Median Age
36%
College-Educated
93%
High-School Grad
49.4 sq mi
ZIP Area
1,268
Density / Sq Mi
$89,401
Median Household Income
$51,213
Median Earnings
$1,427
Median Rent
$295,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - R-2-zoned agricultural property with lake frontage, creek features, and city water available at Morgantown Rd.
Where is this agricultural land / farmland located?
The property is located at S Morgantown S Road Greenwood, IN.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 30.85 acres of agricultural land in White River Township; 4.95‑acre lake with lakefront and creek features; R‑2 zoning with current agricultural use
More about this property
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