Residential Development Land with
For Sale
$950,000
4853 W Nance Ln, Greenwood, IN 46142
10.03 acres with an existing 1954 ranch house and a preliminary plat for six building lots, served by city water.
Property SizeContact for details
Days on Market228
Property Features for 4853 W Nance Ln
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Leading Edge Commercial Real Estate, LLC
(317) 590-8630
Listed By:
Brenda Richards · License #RB14023472
(317) 590-8630
Source:
Exprealty
Added: Jan 6
Changed: Aug 8
Last Checked: May 16 at 9:15AM
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 Leading Edge Commercial Real Estate, LLC
Investment Insights
Based on property information with market context.
This residential land offering totals 10.03 acres and includes an existing 1,384-square-foot ranch with a basement built in 1954. A preliminary plat shows six building lots on executive-sized lots, and the property is currently zoned R-2 under Johnson County Planning & Zoning jurisdiction. A small pond would be required for water retention.
The property is located on Nance Lane just off Morgantown Road and north of Smith Valley Road. City water service is available, and sewers are located on Morgantown Road.
Tenants are currently occupying the house. Please call the broker for permission to walk the property.
The property is located on Nance Lane just off Morgantown Road and north of Smith Valley Road. City water service is available, and sewers are located on Morgantown Road.
Tenants are currently occupying the house. Please call the broker for permission to walk the property.
Key Highlights
- 10.03 acres in Center Grove School district on Nance Lane, just off Morgantown Road and north of Smith Valley Road
- Existing 1,384 sq ft ranch house with a basement built in 1954
- Preliminary plat shows six building lots on executive‑sized lots
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
131
Businesses Nearby
Explore this area
Business Placement
Demographics for 46142, IN
32,052
Population
14,396
Households
2.2
Avg Household Size
40
Median Age
39%
College-Educated
94%
High-School Grad
14.9 sq mi
ZIP Area
2,151
Density / Sq Mi
$85,611
Median Household Income
$47,831
Median Earnings
$1,122
Median Rent
$266,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 10.03 acres with an existing 1954 ranch house and a preliminary plat for six building lots, served by city water.
Where is this residential land & home lot located?
The property is located at 4853 W Nance Ln Greenwood, IN.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 10.03 acres in Center Grove School district on Nance Lane, just off Morgantown Road and north of Smith Valley Road; Existing 1,384 sq ft ranch house with a basement built in 1954; Preliminary plat shows six building lots on executive‑sized lots
