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    10406 Hodge Rd Clayton, IN 46118

    For Sale
    $250,000

    Two parcels of land with pasture and building potential.

    Lot size:
    4.27 Acres

    Property Features for 10406 Hodge Rd

    General Information

    Lot size
    4.27 Acres

    Source: Keller Williams Realty Indy Metro South Agent Penni Mayes

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

    Overview

    Pasture Land with Building Potential

    This property features a gentle rolling landscape and comprises two parcels being sold together as a single entity. The first parcel, triangular in shape, offers road frontage, a small area of mature trees, and mostly pasture land, presenting potential for new construction. The second parcel, rectangular in shape, is adjacent to the first, extending further back and accessible via the first lot. Electricity is located nearby. Please be considerate and do not drive on the property when walking around.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Kitchen & Bath HVAC Service Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Clayton
    County
    Hendricks
    State
    Indiana
    Longitude
    -86.53119
    Latitude
    39.608864

    FAQs

    What type of property is this?
    Land - Two parcels of land with pasture and building potential.
    Where is this land located?
    The property is located at 10406 Hodge Rd Clayton, IN.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Two parcels being sold together.; - Ample pasture land suitable for building a new home.; - Road frontage on the first triangular parcel.
    Request Owner's contact information
    10406 Hodge Rd Clayton, IN 46118
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    Clayton, IN 46118
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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
    10406 Hodge Rd Clayton, IN 46118
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