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16405 Carey Road

Westfield, IN 46074

ActiveListed Nov 15, 2025 · 70 days on market

Key facts

Lot
34.92 acres
Type
Land · Residential Lots
MLS #
22055814
County
Hamilton
Subdivision
No Subdivision

About this home

Discover a rare opportunity to secure nearly 35 acres in one of Westfield's most desirable and fast-growing corridors. Located just northwest of 161st Street and Carey Road, this offering includes 28.27 acres of residential land and a highly desirable 6.657-acre commercial parcel zoned SF2, providing exceptional flexibility for elevated residential, commercial, or mixed-use development. Surrounded by affluent neighborhoods-including the prestigious Bridgewater community-the property offers immediate access to Carey Elementary School, Kroger, US-31, and US-32, placing it firmly within Westfield's thriving growth pattern. The residential acreage holds the potential for approximately 38 upscale homes based on prior planning, while the SF2-zoned commercial parcel is ideal for retail, wholesale, merchandising establishments, and professional services that support and enhance the surrounding community. Permitted SF2 uses include single-family dwellings, churches, private schools without dormitories, public parks, accessory buildings, golf courses, fire stations, temporary construction buildings, signs, stables, cemeteries, utilities, child care homes (IC 36-7-4-1108), and residential facilities for the mentally ill (IC 12-28-4-7). With its prestigious location, strong demographics, and versatile zoning, this property stands as a premier development opportunity in one of Indiana's most sought-after markets.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Not Applicable

Lot and HOA

Zoning
Agricultural,Residential

Schools

High school
Westfield High School
School district
Westfield-Washington Schools

Taxes

Estimated annual tax
$1,608 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$22,775per month, estimated
Principal and interest $21,171Property tax $134Insurance $1,470
20% · $840,000
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$4,200,000
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