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Land in Indiana

Address: Indianapolis 46239

Approximate value $: 179,000

Six acres located in Franklin Township on the southeast side of Marion County. It’s approximately 170’ by 1600’ with a small 1/3 acre pond at the rear. There is a straight driveway cut from the street that extends back about 545’ to a 24’x 36’ garage foundation that could be attached to a house up to 60’ in width. I originally had planned for a 96’ wide home counting an attached portico on the east side of the garage. 3 acres are open between the foundation and pond. Mature trees (12 to 15 yo) line the entire east property line and approximately 300’ of the west property line. Neighbor’s white horse fence extends on the west line for approximately 1000’ to the rear. In addition an electrical transformer (capacity at least 500 amp service; cable buried) sits across the drive from the garage foundation concealed in the wood line. I had the property on the market approximately 2 years ago for 6 months just when the market was crashing. Comps valued it at $179,000 partially due to the scarcity of buildable land in Marion County (3 acres minimum to build in Franklin Township). Currently the land is zoned DA (Dwelling Agriculture), which is hard to find in Marion County. Currently well and septic required, however city water and sewer may be available in the future.

In exchange for House in Florida, Indiana, North Carolina, South Carolina, Tennessee

Approximate value $ : $179,000

Prefer a house or condo in a city near the ocean (gulf) or in southeastern Tennessee.

ID: 13693, Submitted: 04/17/2011 08:13:32, Updated: 04/17/2011 08:25:22, Visitors: 2474

   

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