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0 S State Road 109

Knightstown, IN 46148

ActiveListed Nov 13, 2025 · 25 days on market

Key facts

Lot
5.3 acres
Type
Land · Unimproved Land
MLS #
22073511
County
Henry
Subdivision
No Subdivision

About this home

5+ Acres For Commercial Development - I-70 Westbound Exit Ramp. Prime Commercial Opportunity With Exceptional Visibility From Interstate 70 And State Road 109. This Cleared 5+ Acre Parcel Sits Directly Off The Westbound Exit Ramp, Offering Strong Exposure And Easy Access For High-Traffic Commercial Use. The Property Will Need To Be Zoned For Commercial Use And Is Ideally Suited For A Fast Food Restaurant, Gas Station, Convenience Store, Or Similar Roadside Business. Though This Lot Is Positioned Independently Off The Exit Ramp, It Is Part Of A Larger 134-Acre Tract Owned By The Seller-However, Only This Specific Lot Is Being Offered For Sale. Seller Will Subdivide For Multiple Buyers. Located Adjacent To The New Henry County Community Health Facility. Utilities Will Require Installation Of A Septic System And Well.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Septic Needed

Lot and HOA

Lot features
Corner LotIrregular LotNot In Subdivision
Zoning
Agricultural

Schools

Middle school
Shelbyville Middle School
School district
Shelbyville Central Schools

Taxes

Estimated annual tax
$5,662 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$3,162per month, estimated
Principal and interest $2,515Property tax $472Insurance $175
20% · $99,800
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$499,000
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