Current Use by Public Records
- Land
Property Details for 4051 State Rte
- Lot size
- 19.00 lot acres
- Property type
- Land
Description
This exceptional 19-acre property in Sheridan, Indiana, presents a unique investment opportunity. Situated along the planned extension of the Monon Trail, just north of Sheridan's downtown area, this land offers unparalleled potential. The property includes a substantial barn, suitable for agricultural use or conversion into an event space or party barn, along with two additional outbuildings. A three-bedroom ranch-style home is also situated on the property. Its prime location offers easy access to the amenities of Sheridan while enjoying a tranquil setting. The proximity to the future Monon Trail extension promises significant future value appreciation, making this land ideal for redevelopment into custom homes or a thriving event center. The property's size and existing structures provide flexibility for a variety of development scenarios, catering to diverse investment strategies. The asking price is $1,350,000. The property is located at 4051 State Rte 38, Sheridan, IN 46069, in Hamilton County. The lot size is 19 acres. Co-op opportunities are available.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sheridan
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.2303
- Latitude
- 40.1419
