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    0000 St Rd Laurel, IN 47024

    • Land
    • 161.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0000 St Rd

    Lot size
    161.00 lot acres
    Property type
    Land

    Description

    This exceptional 161+/- acre property in Franklin County, Indiana, presents a unique investment opportunity. Recently harvested mature timber offers immediate sustainable resource potential, while the diverse terrain provides ample space for various uses. Multiple buildable sites with panoramic views are scattered across the land, ideal for residential, commercial, or mixed-use development. The property boasts a well-established trail system perfect for hiking, biking, and horseback riding, enhancing its recreational appeal. The varied topography and wooded areas create an ideal hunting environment, attracting a diverse wildlife population. Located near Laurel, Indiana, at 0000 St Road 121, zip code 47024 (APN: 24-02-28-300-005.000-010, 8007013104, 8007013201, 24-02-33-100-004.000-010), this property offers a blend of natural beauty and economic potential. Its strategic location and varied uses make it attractive to developers, investors, and outdoor enthusiasts. The asking price is $949,900. Note that property lines are estimates. This land offers a multitude of possibilities, from sustainable timber harvesting to creating a private recreational retreat or developing a unique residential community. The combination of mature timber, diverse wildlife, and scenic views makes this a truly exceptional property.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Franklin
    State
    Indiana
    Longitude
    -85.1969
    Latitude
    39.4856

    Comparable in this City

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      000 Us 52

      Agricultural land • 24.00 Acres
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      24.00 Acres

      Us-52

      Agricultural land • 24.00 Acres
      0 Us-52, Laurel, IN 47024
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      27009 Us-52

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      27009 Us-52, Laurel, IN 47024
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      99.83 Acres

      99.83+/- Acres Recreational Property With Income Producing Crop Acres

      Land • 99.83 Acres
      0 99.83+/- Acres Recreational Property With Income Producing Crop Acres, Laurel, IN 47024
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    0000 St Rd
    Laurel, IN 47024
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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
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