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Residential Home Site Land
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Pending

5156 S 400 W, New Palestine, IN 46163

Ten-acre home site with no HOA and a well-and-septic requirement, including septic drainage tile installed on the eastern side.

Property SizeContact for details
Lot Size10.00 Acres
Days on Market122

Property Features for 5156 S 400 W

General Information

Standard status Pending
Lot size 10.00 Acres
Property subtype Land
Listing Agency: Berkshire Hathaway - HomeServices Indiana Realty - Commercial Division
Listed By: Jim Stone · License #IN
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 6:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway - HomeServices Indiana Realty - Commercial Division

Investment Insights

Based on property information with market context.

This offering is a ten-acre residential home site with no HOA and no covenants or restrictions, allowing you to choose the timing and builder for your future home. Well and septic are required. A perimeter drainage tile for septic systems is installed on the eastern side of the lot.

The property is described as being in the heart of New Palestine, with proximity to town, schools, and shopping, and it is associated with the Southern Hancock School System. Purchase is contingent upon completion of a lot survey with a legal description, and possession is not available until fall of 2023 after crops have been harvested. Once crops are planted, entry onto the lot is not permitted.

Key Highlights

  • 10‑acre home site with no HOA and no covenants or restrictions.
  • Build when you desire and choose your own builder.
  • Located in the Southern Hancock School System.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Building Supply Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

75
Businesses Nearby

Demographics for 46163, IN

13,489
Population
5,476
Households
2.5
Avg Household Size
43
Median Age
44%
College-Educated
96%
High-School Grad
29.7 sq mi
ZIP Area
454
Density / Sq Mi
$111,378
Median Household Income
$59,962
Median Earnings
$1,232
Median Rent
$313,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Ten-acre home site with no HOA and a well-and-septic requirement, including septic drainage tile installed on the eastern side.
Where is this residential land & home lot located?
The property is located at 5156 S 400 W New Palestine, IN.
What are key features of this property?
This property features: 10‑acre home site with no HOA and no covenants or restrictions.; Build when you desire and choose your own builder.; Located in the Southern Hancock School System.
More about this property
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