8881 N Baltimore Rd Monrovia, IN 46157
Nestled on 86 acres just south of Monrovia, Indiana, this versatile rural area blends rolling terrain, mature trees, and nature-rich features with exceptional redevelopment potential. Located in one of Morgan County’s fastest growing areas—only about 15 miles from Indianapolis International Airport and downtown Indianapolis—the property offers buildable land amid pristine scenery. Redevelop into multiple large estate lots, single-family home sites, or a single expansive dream home sanctuary. Envision a personal paradise with horses, goats, chickens, archery, tennis, pickleball, pools, hunting, off-road adventures, motocross, niche farming (vineyards, hops), and even a retreat center—your everyday escape or family compound, tailored to your unique lifestyle.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
4 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.