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    54760 County Line Rd New Carlisle, IN 46552

    For Sale
    $1,454,000

    Prime development land, near town, utilities nearby.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 37.28-acre parcel in New Carlisle, Indiana, presents a remarkable opportunity for residential development. Located at 54760 County Line Rd, (APN 71-01-34-301-002.00), this gently rolling land boasts a variety of features ideal for a large-scale project. The property includes a 5-acre gravel pit, perfect for creating a sizable pond or lake, adding significant aesthetic and recreational value to the development. Much of the land is wooded, offering a natural, tranquil setting. The property's proximity to the town of New Carlisle provides convenient access to amenities and infrastructure. While currently zoned for residential use, the land's size and features make it suitable for a variety of residential projects, including villas or multi-family dwellings, potentially requiring rezoning. Sewer and water lines are conveniently located within a few hundred feet, simplifying utility connections. The asking price for this expansive property is $1,454,000. This is a rare opportunity to acquire a substantial tract of land with high development potential in a desirable location.

    Property Features for 54760 County Line Rd

    General Information

    Property type
    Land
    Lot Size
    1,623,917 SF

    HighLights

    • $1,454,000 asking price.
    • 37.28‑acre residential land parcel.
    • Located at 54760 County Line Rd, New Carlisle, IN 46552 (APN: 71‑01‑34‑301‑002.00).
    • Gently rolling terrain with wooded areas and a 5‑acre gravel pit suitable for a pond or lake.
    • Utilities (sewer and water) are nearby.
    • Broker‑owned property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Auto Repair Shop Hair Salon Gym & Fitness Pharmacy Accounting Firm Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    New Carlisle
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.5240877
    Latitude
    41.6978611

    Nearby Comparable

    • $789,900
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      10-Acre Commercial Land, New Carlisle, IN

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    • $472,000
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      New Carlisle Residential Land

      13.48 Acres, Prime Location
      33811 Ferncrest Ct, New Carlisle, IN 46552
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    • $789,900

      Commercial Land Development Opportunity

      Commercial land for sale with frontage on West Michigan.
      860 W Michigan St, New Carlisle, IN 46552
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    • $2,830,000
      72.54 Acres

      72-Acre Residential Land, New Carlisle, IN

      Prime residential land near school. 72.54 acres, excellent potential.
      0 Us 20, New Carlisle, IN 46552
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    Nearby Similar for Sale

    • $270,000
      0.12 Acres

      Hardware Store in Historic Downtown

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    • $1,300,000

      New Carlisle Restaurant - $1.3M

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    FAQs

    What type of property is this?
    Land - Prime development land, near town, utilities nearby.
    Where is this land located?
    The property is located at 54760 County Line Rd New Carlisle, IN.
    What is the asking price?
    The asking price for this property is $1,454,000.
    What are key features of this property?
    This property features: $1,454,000 asking price.; 37.28-acre residential land parcel.; Located at 54760 County Line Rd, New Carlisle, IN 46552 (APN: 71-01-34-301-002.00).
    (574) 250-5024
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    New Carlisle, IN 46552
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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
    54760 County Line Rd New Carlisle, IN 46552
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