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407 W 8th Street

Sheridan, IN 46069

ActiveListed Jul 30, 2025 · 319 days on market

Key facts

Lot
0.18 acres
Type
Land · Residential Lots
MLS #
22053694
County
Hamilton
Subdivision
Sheridan

About this home

Shovel ready multi-family building lot with all utilities on-site. Zoned R2, multi-family allows single family, duplex or triplex, townhomes and manufactured homes. The lot adjacent (707 S. Hamilton Avenue) is also available at the same price of $149,900. A total of 6 units could be built without needing a zoning change. Agent-owned

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Water
Public
Sewer
Public Sewer

Lot and HOA

Lot features
City LotCorner LotSidewalksStorm SewerStreet LightsMature Trees
Zoning
R2

Schools

School district
Sheridan Community Schools

Taxes

Estimated annual tax
$738 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$573per month, estimated
Principal and interest $479Property tax $62Insurance $33
20% · $18,990
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$94,950
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