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    5230 E Us Highway 50 Butlerville, IN 47223

    For Sale
    Contact for pricing

    Lot in Butlerville with concrete pad and fire hydrant.

    Lot size:
    0.15 Acres

    Property Features for 5230 E Us Highway 50

    General Information

    Lot size
    0.15 Acres

    Source: Pieratt Robbins Mobility Agent Inc

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Butlerville Lot with Concrete Pad

    This lot is located in Butlerville and was formerly part of the Campbell Township Fire Department. The fire department constructed a new facility and retained the adjacent lot for tower service during emergencies. The subject lot previously housed the fire trucks. A 5-inch concrete pad, measuring approximately 30 feet by 30 feet, remains on the property where the building was situated. The pad was plumbed for water and sewer, but these connections have not been utilized since the building's removal. A fire hydrant is located at the front right of the lot. The owner initially acquired the property for overnight semi-truck parking. According to the deed, the lot measures approximately 60 feet by 120 feet and extends to the rail bed. Currently zoned for residential use, the zoning would need to be adjusted at the county level for commercial applications. The existing concrete pad presents various potential uses depending on specific requirements. The Campbell Township Fire Department shares the same address and will require separation at the County courthouse.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Kitchen & Bath Food Market Grocery Store Bar & Pub Pawn Shop Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Butlerville
    County
    Jennings
    State
    Indiana
    Longitude
    -85.514385
    Latitude
    39.033094

    Nearby Similar for Sale

    • $99,900
      1.25 Acres

      Butlerville Investment: Highway 50 Property

      High-traffic location, income potential.
      5095 Us Highway 50, Butlerville, IN 47223
      View Details

    FAQs

    What type of property is this?
    Land - Lot in Butlerville with concrete pad and fire hydrant.
    Where is this land located?
    The property is located at 5230 E Us Highway 50 Butlerville, IN.
    What is the asking price?
    The asking price for this property is $10,000.
    What are key features of this property?
    This property features: - 5" concrete pad (approx. 30' x 30') already in place.; - Previously plumbed for water and sewer.; - Fire hydrant located on the property.
    Request Owner's contact information
    5230 E Us Highway 50 Butlerville, IN 47223
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    Butlerville, IN 47223
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    Realmo Value Estimation

    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.

    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.

    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
    5230 E Us Highway 50 Butlerville, IN 47223
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