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Greenwood Land with Development Potential
For Sale
$990,000
Pending

2231 S State Road 135, Greenwood, IN 46143

Land, Greenwood, IN

Property SizeContact for details
Lot Size9.96 Acres
Days on Market1909

Property Features for 2231 S State Road 135

General Information

Property type Land
Property subtype Other
Zoning R4
Subdivision No Subdivision
Elementary school district Center Grove Community School Corp
Middle school district Center Grove Community School Corp
High school district Center Grove Community School Corp
Directions South on St Rd 135 from Smith Valley Rd. 1.5 miles to the property on the eastside of the street.
Standard status Pending
APN 410412032013000041
Lot size 9.96 Acres

Taxes and HOA fees

Tax Year 2020
Tax Description W SW S12 T13 R3
Legal Description W SW S12 T13 R3

Utilities

Sewer type Public Sewer
Listing Agency: Keller Williams Indy Metro S · Keller Williams Realty
Listed By: David Lucas · License #RB14044269
Added: Jun 25, 2021 Changed: Sep 1 Last Checked: Sep 15 at 10:06AM
MLS# 21795285

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property features just under 10 acres of land situated in Center Grove. The tract offers opportunities for development. The land includes mature trees and a creek. A 3-bedroom log home is currently located on the property, and the seller is willing to remove it.

Key Highlights

  • Just under 10 acres of land in Center Grove
  • Endless opportunities for the land
  • Mature trees on the property

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Spa & Massage Center Hair Salon Restaurant Auto Parts Store Nail Salon

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

257
Businesses Nearby

Demographics for 46143, IN

62,618
Population
23,417
Households
2.7
Avg Household Size
36
Median Age
36%
College-Educated
93%
High-School Grad
49.4 sq mi
ZIP Area
1,268
Density / Sq Mi
$89,401
Median Household Income
$51,213
Median Earnings
$1,427
Median Rent
$295,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Land - 9.963 acres of land in Center Grove with mature trees.
Where is this land located?
The property is located at 2231 S State Road 135 Greenwood, IN.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Just under 10 acres of land in Center Grove; Endless opportunities for the land; Mature trees on the property
More about this property
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