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9020 W 650 S

Knightstown, IN 46148

ActiveListed Sep 6, 2023 · 1091 days on market

Key facts

Lot
7.059 acres
Type
Land · Unimproved Land
MLS #
21942131
County
Henry
Subdivision
No Subdivision

About this home

Seven commercial acres! Approximately 1,400 feet of road frontage! Henry Community Health construction underway! Be on the front end of development taking place at this exit just east of Indianapolis! Ideal for HOSPITALITY, RESTAURANT, MEDICAL services/business plaza! So many possibilities! FULL visibility on interstate, adjacent to both Interstate 70 and new medical complex! Electricity, gas, and fiber optics all available on site. Ideal for any commercial buyer, but especially for commercial developer, may be subdivided. (There currently is a 3,600 square foot mini-storage building, with 29 rental units and an office, in fair condition, on the property. Currently, pasture grass is baled for hay.)

Description provided by the listing brokerage.

Exterior

Other structures
See Remarks

Systems

Sewer
See Remarks

Lot and HOA

Zoning
Commercial

Schools

Elementary school
Knightstown Elementary School
High school
Knightstown High School
School district
C A Beard Memorial School Corp

Taxes

Estimated annual tax
$3,100 / yearTwice the semi-annual installment the listing reports.
Tax year
2023

Estimate your monthly payment

$4,409per month, estimated
Principal and interest $3,881Property tax $258Insurance $270
20% · $154,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$770,000
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