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774 S Morgantown Road

Greenwood, IN 46143

ActiveListed Sep 8, 2024 · 657 days on market

Key facts

Living area
3,552 sqft
Lot
2.01 acres
Year built
1980
Type
Commercial Sale · Business
MLS #
21999756
County
Johnson
Total building area
3,552 sqft

About this home

This strategically located property presents a unique opportunity for commercial development amidst a rapidly growing area. Currently zoned R2, the site offers flexibility for various commercial uses. The existing two-story, 3,552-square-foot building, features multiple private rooms, spacious community areas, a full kitchen, and four bathrooms. Additionally, the property includes a 400-square-foot pole barn, all on 2+ acres. Benefit from the proximity to other businesses and the highly anticipated Shops at Center Grove. This prime location offers excellent visibility and accessibility only minutes from the new I-69 interchange at Smith Valley Road. It is an ideal choice for businesses seeking to capitalize on the area's thriving commercial scene.

Description provided by the listing brokerage.

Exterior

Parking and garage
Gravel

Systems

Cooling
Central Air
Utilities
Electricity ConnectedNatural Gas ConnectedSeptic SystemWater Connected

Lot and HOA

Zoning
R2

Schools

High school
Center Grove High School
School district
Center Grove Community School Corp

Taxes

Estimated annual tax
$2,290 / yearTwice the semi-annual installment the listing reports.
Tax year
2023

Estimate your monthly payment

$4,498per month, estimated
Principal and interest $4,028Property tax $191Insurance $280
20% · $159,800
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$799,000
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