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No-HOA Residential Home Site
For Sale
Contact for pricing
Pending

5218 S 400 W, New Palestine, IN 46163

Ten-acre home site requiring well and septic, with perimeter drainage tile on the eastern side for septic systems.

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

Property Features for 5218 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 10-acre residential home site is offered for sale with no HOA, covenants, or restrictions, allowing you to select your builder and build when you’re ready. Purchase is contingent upon completion of a lot survey with a legal description, and tenant crop rights apply.

Possession is not available until fall of 2023 after crops are harvested, and there is no entry onto the lot once crops are planted. A well and septic system are required for development, and a perimeter drainage tile for septic systems is installed on the eastern side of the lots.

The property is described as being in the heart of New Palestine, with access to town, schools, and shopping, and it is associated with the Southern Hancock School System.

Key Highlights

  • 10‑acre home site with quiet, private setting close to town, schools, and shopping
  • No HOA, covenants, or restrictions; build when desired and choose your own builder
  • 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 requiring well and septic, with perimeter drainage tile on the eastern side for septic systems.
Where is this residential land & home lot located?
The property is located at 5218 S 400 W New Palestine, IN.
What are key features of this property?
This property features: 10‑acre home site with quiet, private setting close to town, schools, and shopping; No HOA, covenants, or restrictions; build when desired and choose your own builder; Southern Hancock School System
More about this property
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