Zoned Residential Farmland
For Sale
$600,000
S Runyon Road, Greenwood, IN 46143
LAND - Greenwood, IN
Property SizeContact for details
Lot Size6.00 Acres
Days on Market78
Property Features for S Runyon Road
General Information
Property type
Land
Property subtype
Other
Zoning
r-2
Subdivision
Subdivision Not Available See Legal
Lot features
Not In Subdivision, Wooded
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
Morgantown Rd between Olive Branch & Smith Valley, N of the bridge on Morgantown- For Sale sign displays 31 ac; 6ac parcel is directly east of 31 ac... On Runyon Rd, 6ac parcel is behind 3182 S Runyon Rd
Standard status
Active
APN
410403031007000038
Lot size
6.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
E Sw S3 T13 R3
Legal Description
E Sw S3 T13 R3
Utilities
Sewer type
Septic Needed
Listing Agency:
Jeff Paxson Team
(317) 679-2121
Listed By:
Jeffrey Paxson · License #RB14044826
(317) 679-2121
Added: May 19
Changed: Jun 16
Last Checked: Aug 4 at 4:06AM
MLS# 22103059
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 listing offers a 6-acre parcel zoned R-2 and currently in agricultural use. The property is located in White River Township and served by Center Grove Schools, making it a straightforward option for buyers looking for land that already aligns with its current use while remaining under a residential zoning designation.
City water is currently available, with service indicated at Morgertown Rd. The parcel is offered as a standalone purchase, with an additional 30.85 acres available if purchased in conjunction with, or after, the listed 6-acre tract.
For prospective buyers, the combination of R-2 zoning and existing agricultural use provides a practical starting point for continued farming or for planning next steps related to residential development, subject to applicable requirements. The availability of city water can also be a meaningful consideration when evaluating development timelines and infrastructure needs. Buyers who may want a larger footprint have the option to expand through the additional adjacent acreage if they choose to acquire it after or along with this parcel.
City water is currently available, with service indicated at Morgertown Rd. The parcel is offered as a standalone purchase, with an additional 30.85 acres available if purchased in conjunction with, or after, the listed 6-acre tract.
For prospective buyers, the combination of R-2 zoning and existing agricultural use provides a practical starting point for continued farming or for planning next steps related to residential development, subject to applicable requirements. The availability of city water can also be a meaningful consideration when evaluating development timelines and infrastructure needs. Buyers who may want a larger footprint have the option to expand through the additional adjacent acreage if they choose to acquire it after or along with this parcel.
Key Highlights
- 6‑acre property in White River Township, within Center Grove Schools
- Zoned R‑2 and currently in agricultural use
- City water available at Morgantown Rd
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
130
Businesses Nearby
Explore this area
Business Placement
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
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 - Six-acre residentially zoned agricultural parcel with city water available, offering flexibility for future development planning.
Where is this agricultural land / farmland located?
The property is located at S Runyon Road Greenwood, IN.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 6‑acre property in White River Township, within Center Grove Schools; Zoned R‑2 and currently in agricultural use; City water available at Morgantown Rd
