55 +/- Acres Expansive Est Greenwood, IN 46143
This exceptional 55+/- acre Johnson County estate presents a unique investment opportunity. The property boasts a remodeled, approximately 4600 sq ft main house featuring modern updates, a new roof (less than two years old), a geothermal heat pump (installed 2019), and a backup propane generator. Adding to its versatility is a 3000 sq ft pole building complete with a fully equipped Tiki bar and additional sheds providing ample storage. A stunning 12+/- acre stocked lake serves as a centerpiece, complemented by 19.3+/- acres of pastureland suitable for various agricultural or equestrian uses. Two campsites, one with power, enhance the recreational potential. Excellent accessibility is ensured by 510 feet of frontage on State Road 252 and 50 feet on 500 S. The property, comprised of multiple parcels (APN: 41-12-07-031-001.000-004, 41-12-07-042-015.000-004, 41-12-07-034-001.000-004, 41-12-07-043-023.004-004), offers significant development potential. Located in Greenwood, Indiana (zip code 46143), this property is priced at $2,590,000 and presents endless possibilities for a variety of commercial ventures, from event centers to family compounds or serene retreats. The property includes two additional cabins.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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