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Agricultural Land with Pole Barn
For Sale
$2,500,000

Morgantown S Road, Greenwood, IN 46143

LAND - Greenwood, IN

Lot Size36.85 Acres
Days on Market74

Property Features for Morgantown S Road

General Information

Property type Land
Property subtype Other
Zoning r2
Subdivision Subdivision Not Available See Legal
High school Center Grove High School
Elementary school district Center Grove Community School Corp
Middle school district Center Grove Community School Corp
High school district Center Grove Community School Corp
Directions North of bridge on Morgantown Rd. in between Olive Branch Rd. and Smith Valley Rd. Acreage is east of Olive branch Rd.
Standard status Active
APN 410403032009000038
Lot size 36.85 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description W Sw S3 T13 R3
Legal Description W Sw S3 T13 R3

Utilities

Sewer type Public Sewer
Water front features Pond, Lake Front, Lake, Stream
Water front 1
Listing Agency: Jeff Paxson Team
Listed By: Jeffrey Paxson · License #RB14044826
Added: May 19 Changed: Jul 29 Last Checked: Jul 31 at 5:06PM
MLS# 22103582

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.

Investment Insights

Based on property information with market context.

This for-sale agricultural land offering combines multiple plots totaling 36.85 acres in White River Township, served by Center Grove Schools. The property is zoned R-2 and is currently in agricultural use. Improvements include a 1,600-foot pole barn, and the acreage also features a 4.95-acre lake (ex pay lake). The seller retains crop rights if applicable. City water is currently available at Morgantown Rd.

The land is located in Greenwood, Indiana, in Johnson County, with the property address listed as Morgantown S Road, Greenwood, IN 46143. Prospective buyers should review the R-2 zoning details and confirm applicable use requirements and any constraints associated with continued agricultural operations.

This site may appeal to buyers seeking a large, agricultural-configured parcel with existing storage space and a water feature already on-site. The combination of current farm use, an on-property pole barn, and access to city water can support a range of agricultural and land-management needs, subject to zoning and any applicable agreements regarding crop rights and lake use.

Key Highlights

  • 36.85 acres in White River Township, Center Grove Schools
  • Waterfront features include 4.95‑acre lake (ex pay lake), pond, lake, and stream
  • 1600 ft pole barn on the property

Property Analytics

Current Use

Agricultural land / Farmland

Location Intelligence

Trade Area within ½ mile

128
Businesses Nearby

Demographics for 46143, IN

62,618
Population
23,417
Households
2.7
Avg Household Size
36
Median Age
36%
College-Educated
93%
High-School Grad
49.4 sq mi
ZIP Area
1,268
Density / Sq Mi
$89,401
Median Household Income
$51,213
Median Earnings
$1,427
Median Rent
$295,400
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 - R-2 zoned farmland includes a 1,600-ft pole barn and a 4.95-acre lake, with city water available nearby.
Where is this agricultural land / farmland located?
The property is located at Morgantown S Road Greenwood, IN.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 36.85 acres in White River Township, Center Grove Schools; Waterfront features include 4.95‑acre lake (ex pay lake), pond, lake, and stream; 1600 ft pole barn on the property
More about this property
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