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Zoned Agricultural Waterfront Land
For Sale
$1,900,000

S Morgantown S Road, Greenwood, IN 46143

LAND - Greenwood, IN

Property Size1,600 SF
Lot Size30.85 Acres
Price / SF$1,187
Days on Market75

Property Features for S Morgantown S Road

General Information

Property type Land
Property subtype Other
Zoning r2
Subdivision Subdivision Not Available See Legal
View Water
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 the bridge on Morgantown Rd. in between Olive Branch Rd. and Smith Valley Rd. 31 acres east of Morgantown Rd.
Standard status Active
APN 410403032009000038
Lot size 30.85 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 Septic Needed
Water front features Lake Front, Lake, Creek
Water front 1
Listing Agency: Jeff Paxson Team
Listed By: Jeffrey Paxson · License #RB14044826
Added: May 19 Changed: Jul 29 Last Checked: Aug 1 at 1:06AM
MLS# 22103295

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 30.85-acre parcel is located in White River Township and is zoned R-2, currently in agricultural use. The property includes an approximately 1,600-foot pole barn and a 4.95-acre lake.

City water is currently available at Morgantown Rd. Additional adjacent 6 acres are available if purchased in conjunction with, or after, the sale of the listed parcel. The seller retains crop rights if applicable.

Key Highlights

  • 30.85‑acre property in White River Township with Center Grove Schools
  • Zoned R‑2 and currently agricultural use
  • Lakefront property with creek and a 4.95‑acre lake

Property Analytics

Current Use

Waterfront Land

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 - 30.85 acres zoned R-2 with a pole barn, a 4.95-acre lake, and city water available nearby.
Where is this agricultural land / farmland located?
The property is located at S Morgantown S Road Greenwood, IN.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 30.85‑acre property in White River Township with Center Grove Schools; Zoned R‑2 and currently agricultural use; Lakefront property with creek and a 4.95‑acre lake
More about this property
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