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Residential Lot in Sherwood Forest
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50 Locksley Drive, Rensselaer, IN 47978

Half-acre lot with mature trees, ideal for building a home.

Property Size23,522 SF
Lot Size0.50 Acres
Price / SF$1.27
Days on Market2838

Property Features for 50 Locksley Drive

General Information

Standard status Active
Size 23,522 SF
Lot size 0.50 Acres
Property subtype Land / Unimproved Land
Zoning RESI

Taxes and HOA fees

Annual Taxes $120

Amenities

Playground
Listing Agency: Jenkins, REALTORS, INC.
Listed By: JoAnn McElfresh · License #81281291
Source: Compass
Added: Nov 21, 2018 Changed: Aug 8 Last Checked: Aug 29 at 3:26PM

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 Jenkins, REALTORS, INC.

Investment Insights

Based on property information with market context.

This half-acre lot, located in Sherwood Forest, features mature trees and is suitable for residential construction. The property is situated minutes from I-65. Fiber optic high-speed internet is available. Natural gas is accessible through the City of Rensselaer. Well and septic systems are required. REMC electric is available. The Homeowner's Association (HOA) has an annual fee of $60. Covenants and restrictions apply to the property. Additional lots are available in Sherwood upon request. The property size is 23,522 square feet.

Key Highlights

  • Large 1/2 Acre Lot with Mature Trees: Offers ample space and natural beauty.
  • Convenient Location: Minutes from I‑65, providing easy access to transportation.
  • Low Property Taxes: Reduces the overall cost of homeownership.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Garden Center Carpet & Flooring Store Big Box & Wholesale Store

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

11
Businesses Nearby

Demographics for 47978, IN

10,815
Population
4,355
Households
2.5
Avg Household Size
42
Median Age
18%
College-Educated
91%
High-School Grad
263.7 sq mi
ZIP Area
41
Density / Sq Mi
$71,359
Median Household Income
$35,486
Median Earnings
$867
Median Rent
$180,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Half-acre lot with mature trees, ideal for building a home.
Where is this residential land & home lot located?
The property is located at 50 Locksley Drive Rensselaer, IN.
What are key features of this property?
This property features: Large 1/2 Acre Lot with Mature Trees: Offers ample space and natural beauty.; Convenient Location: Minutes from I‑65, providing easy access to transportation.; Low Property Taxes: Reduces the overall cost of homeownership.
More about this property
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