Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Corydon Land Auction: 5 Acres Title is generated by Realmo AI

    Tract 2 - Grange Hall Road NE, Corydon, IN 47112

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Corydon, IN

    Lot size:
    5.00 Acres
    Added:
    May 20, 2026
    Days on Market:
    18
    Last Refresh:
    Jun 6 at 3:06 am

    Property Features for Tract 2 - Grange Hall Road NE

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Agri/ Residential
    Standard status
    Active
    APN
    311033200007000007
    Lot size
    5.00 Acres

    Taxes and HOA fees

    Tax Year
    4051
    Tax Description
    New Survey Plat 5 +/- Acres
    Tax Annual Amount
    1746

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Brian D Beckort

    Listing agent Brian D Beckort License #RB14035061

    Listing office Beckort Auctions, LLC 117 1/2 Chestnut St, Corydon, IN

    Listing date May 20, 2026

    MLS# 202608484 Listing URL

    Copyright © 2026 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 5 +/- acre building lot, partially wooded.
    • Utilities available.
    • Road frontage on Grange Hall Road.
    • Located 3 miles east of downtown Corydon.
    • Part of an 8.3 +/- acre multi‑tract auction, bid on individually or in combination.
    • Public water source.

    Overview

    This property is part of a multi-tract online-only auction featuring 8.3 +/- contiguous acres of Harrison County land, located 3 miles east of downtown Corydon. The auction ends June 10 at 4 PM. This specific tract, designated as TRACT #2, comprises 5 +/- acres. The land is partially wooded and considered a suitable building site. Utilities are available, and the property has road frontage on Grange Hall Road. Note that the list price is not the current bid or asking price, as the property will be sold at auction to the highest bidder, subject to the owner's confirmation. Property taxes are based on parent parcel totals and may change upon transfer of real estate. The property is zoned Agri/Residential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Corydon
    County
    Harrison
    State
    Indiana
    Longitude
    -86.1397
    Latitude
    38.1945

    Nearby Similar for Sale

    • $381,865

      Commercial Land in Corydon, IN

      1.44-acre commercial property with high visibility in Corydon, IN.
      Pacer Drive, Corydon, IN 47111
      View Details
    • $299,900

      Commercial Land in High-Growth Area

      0.95 acre commercial land ready for development.
      Pacer Court NW, Corydon, IN 47112
      View Details
    • $550,000

      Corydon Land with Hunting Potential

      81.5 acres of land ideal for recreation and residential use.
      Walnut Valley Road, Corydon, IN 47112
      View Details
    • $2,600,000
      9,500 SF

      Modern Medical Office Building

      Renovated medical office building for sale in Corydon, Indiana.
      2230 Edsel Ln NW, Corydon, IN
      View Details
    • $266,000

      Commercial Land in Corydon, IN

      High-visibility commercial land suitable for various business uses.
      Corner of Pacer Drive and Federal Drive, Corydon, IN 47112
      View Details
    • $59,999

      Secluded Land with River Proximity

      Secluded 2.34-acre land near O'Bannon Woods and the river.
      0 Cold Friday Road, Corydon, IN 47112
      View Details
    • $1,900,000

      Turnkey Wrecker Service For Sale

      Established wrecker service in historic Corydon since 1970.
      1020 Highway 62 NW, Corydon, IN
      View Details
    • $3,250,000

      79-Room Hotel in Corydon, Indiana

      79-room Baymont Inn & Suites in historic Corydon, Indiana.
      2495 Landmark Ave NE, Corydon, IN 47112
      View Details
    • $1.00

      Corydon Land Auction: 1.6 Acres

      1.6 acre building site near Corydon, utilities available.
      Tract 3 - 2645 Grange Hall Road NE, Corydon, IN 47112
      View Details
    • $2,400,000

      58-Room Hotel in Corydon, Indiana

      58-room Super 8 hotel off I-64 in Corydon, Indiana.
      168 Pacer Court Northwest, Corydon, IN 47112
      View Details
    • $207,000
      135,036 SF

      Land with Commercial and Residential Zoning

      3.21+/- acres with utilities, buildings, and mixed zoning.
      87 Big Indian Road Northeast, Corydon, IN 47112
      View Details
    • $1,225,000
      15,934 SF

      Mixed-Use Property For Sale

      Mixed-use property suitable for various commercial purposes.
      1849 Gardner Ln NW, Corydon, IN 47112
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 5 acre building lot near Corydon, Indiana. Online auction.
    Where is this residential land & home lot located?
    The property is located at Tract 2 - Grange Hall Road NE Corydon, IN.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: 5 +/- acre building lot, partially wooded.; Utilities available.; Road frontage on Grange Hall Road.
    (812) 738-9476
    We can help!
    Listing Contact
    Brian D Beckort
    Real Estate License ID: RB14035061
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Tract 2 - Grange Hall Road NE, Corydon, IN 47112
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!