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    1004 Shepherd Rd Anderson, IN 46011

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    For Sale
    $210,000

    Land suitable for farming or building in Madison County.

    Lot size:
    18.75 Acres

    Property Features for 1004 Shepherd Rd

    General Information

    Lot size
    18.75 Acres
    Source: Kw

    Listing Agent: Kown

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Acreage in Madison County

    This property offers an opportunity to own acreage in Madison County, Indiana. The land is suitable for farming or a potential building site, presenting a clean slate for realizing various development goals. The location is convenient to downtown Anderson and Chesterfield. The property is mostly surrounded by trees. Gas and municipal water lines are available at Shepherd Road. Municipal sewer service extends to Lindberg Road. The farmland is currently rented.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Pharmacy Department Store Skin Care Clinic Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Madison
    State
    Indiana
    Longitude
    -85.6427893
    Latitude
    40.1243731

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    FAQs

    What type of property is this?
    Agricultural land - Land suitable for farming or building in Madison County.
    Where is this agricultural land located?
    The property is located at 1004 Shepherd Rd Anderson, IN.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: - Acreage in Madison County, ideal for farming or building your dream home.; - Gas and municipal water lines available at Shepherd Rd.; - Conveniently located near downtown Anderson and Chesterfield.
    (765) 524-3018
    Request Owner's contact information
    1004 Shepherd Rd Anderson, IN 46011
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    Anderson, IN 46011
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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
    1004 Shepherd Rd Anderson, IN 46011
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