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    890 Blue River Rd Carthage, IN 46115

    Sponsored
    For Sale
    $320,000

    Wooded acreage, secluded yet convenient. Build your dream home.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 16.05-acre property, located at 890 W BLUE RIVER RD, Carthage, IN 46115, presents a unique opportunity for those seeking a tranquil yet accessible building site. The land is entirely wooded, boasting private hills and valleys that offer unparalleled seclusion. Despite its remote feel, the property enjoys convenient proximity to US40, just five miles away. Access is provided via a private lane off Blue River Road. The property is zoned for agriculture, offering flexibility for future development. County records indicate the land has not been subdivided, therefore property taxes require independent verification by the buyer. Imagine building your home on a private hilltop overlooking a serene valley, shielded from neighboring properties by the lush summer foliage. This property offers a rare blend of seclusion and convenience. Note that an additional 12-acre parcel is available adjacent to the property. This information is based on available records and should be independently verified.

    Property Features for 890 Blue River Rd

    General Information

    Property type
    Farms
    Lot Size
    699,138 SF

    HighLights

    • 16.05‑acre wooded lot in Carthage, IN, offering seclusion and convenient access to US40 (5 miles).
    • Private access via lane off Blue River Road.
    • Zoned agricultural, allowing for flexible development.
    • Unsubdivided parcel; buyer to verify property taxes.
    • Adjacent 12‑acre parcel available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Carthage
    County
    RUSH
    State
    Indiana
    Longitude
    -85.5981971
    Latitude
    39.7151816

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    FAQs

    What type of property is this?
    Farm - Wooded acreage, secluded yet convenient. Build your dream home.
    Where is this farm located?
    The property is located at 890 Blue River Rd Carthage, IN.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: 16.05-acre wooded lot in Carthage, IN, offering seclusion and convenient access to US40 (5 miles).; Private access via lane off Blue River Road.; Zoned agricultural, allowing for flexible development.
    Request Owner's contact information
    890 Blue River Rd Carthage, IN 46115
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    Carthage, IN 46115
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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
    890 Blue River Rd Carthage, IN 46115
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