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Residential Development Land
For Sale
$160,500

E Olive Drive, Princeton, IN 47670

LAND - Princeton, IN

Property SizeContact for details
Lot Size6.42 Acres
Days on Market92

Property Features for E Olive Drive

General Information

Property type Land
Property subtype Other
Zoning description R-4
Lot features Lake, Partially Wooded, City, Rural
Elementary school Princeton
Middle school Princeton
High school Princeton
Elementary school district North Gibson School Corp.
Middle school district North Gibson School Corp.
High school district North Gibson School Corp.
Directions S Main Street, E onto Olive, Property at End of Olive Drive.
Subdivision Gibson County
Standard status Active
APN 26-12-18-404-000.269-027
Lot size 6.42 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description PT S 18 2 10 6.42 AC D-10
Tax Annual Amount 147
Legal Description PT S 18 2 10 6.42 AC D-10
Listing Agency: F.C. TUCKER EMGE
Listed By: Anita Waldroup · License #RB14028427
Added: May 20 Changed: Jul 8 Last Checked: Aug 19 at 2:06AM
MLS# 202619280

Copyright © 2026 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering is for 6.42 acres of land with a dual focus: the property can be used as farm ground for an investment approach, or it can be used to build a home for private, residential living. The listing notes that some restrictions will apply depending on the applicable zoning, and the buyer should review those limitations as part of any planning or development concept.

The property is located in Princeton, Indiana, within Gibson County, and is listed at E Olive Drive (47670). The remarks indicate the land may be configured into larger residential plots to create a degree of privacy and neighborhood control, subject to zoning approval and any applicable restrictions.

For buyers, this parcel can fit several decision paths, including owners seeking a straightforward farm-ground option, those looking to build a residence with space for privacy, or developers exploring the feasibility of establishing a residential area. As always with land deals where zoning determines what can be built, due diligence around the specific zoning-driven restrictions will be important before finalizing plans. The listing also references additional acreage available under MLS #202619284 for buyers looking to expand beyond this site.

Key Highlights

  • Great Location on Major Hwy
  • Rustic and Ready
  • Various types of businesses will fit

Property Analytics

Current Use

Agricultural land / Farmland

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby

Demographics for 47670, IN

11,934
Population
5,440
Households
2.2
Avg Household Size
41
Median Age
13%
College-Educated
89%
High-School Grad
82.0 sq mi
ZIP Area
146
Density / Sq Mi
$65,873
Median Household Income
$36,957
Median Earnings
$959
Median Rent
$140,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Versatile land offering farm ground and room for residential-style development, subject to zoning restrictions.
Where is this agricultural land / farmland located?
The property is located at E Olive Drive Princeton, IN.
What is the asking price?
The asking price for this property is $160,500.
What are key features of this property?
This property features: Great Location on Major Hwy; Rustic and Ready; Various types of businesses will fit
More about this property
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