8042 W State Road 32, Thorntown, IN 46071

Listing agent Mark Coffey License #RB16000389 Show Phone

Listing office Keller Williams Indy Metro S s***@kw.com East High Street 340, Greenwood, IN Show Phone

Listing date Jan 11, 2026

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MLS# 22079941

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This property is a 1.66-acre corner lot presented for commercial use, with three homes on-site that could be restored or torn down, plus a large pole barn and a vacant lot. All three parcels are being sold together as one combined offering, giving buyers a single footprint for redevelopment planning.

The land is located at 8042 W State Road 32 in Thorntown, Indiana. The site’s corner positioning and State Road 32 frontage provide straightforward visibility for proposed commercial uses, and the public remarks note it is just minutes from the new Eli Lilly project.

The combination of a corner lot, existing structures, and an on-site pole barn may appeal to buyers looking to reposition a small multi-structure site for a new commercial concept. Given the stated zoning of Residential, Commercial, interested parties can evaluate possible redevelopment options aligned with their intended use while working through applicable approvals for the combined parcels.

Suggested Use

Gym & Fitness Center Carpet & Flooring Store

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

Location Insight

• Map
• Local Demand

City

Thorntown

County

Boone

State

Indiana

Longitude

-86.626656

Latitude

40.054546

Nearby Similar for Sale

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FAQs

What type of property is this?

Commercial land - 1.66-acre corner parcel with multiple existing structures and pole barn, offered as one combined sale for commercial ideas.

Where is this commercial land located?

The property is located at 8042 W State Road 32 Thorntown, IN.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: 1.66‑acre corner lot with commercial development potential; All three parcels sold together as one; Includes three homes that could be restored or torn down