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0 S State Road 109

Knightstown, IN 46148

ActiveListed Nov 14, 2025 · 24 days on market

Key facts

Lot
25 acres
Type
Land · Unimproved Land
MLS #
22073584
County
Henry
Subdivision
No Subdivision

About this home

Approximately 25 Acres Of Versatile Land - Knightstown, Indiana (I-70 Exit 115)... Approximately 25 Acres Of Open Farmland Positioned Directly Behind The Loves Travel Stop And Just Off The Interstate 70 Knightstown Exit (Exit 115). This Tract Is Part Of A Larger Group Of Properties Owned By The Seller; However, Only This Specific Lot Is Being Offered For Sale. The Land Currently Holds Agricultural Zoning But Offers Strong Potential For Commercial Conversion, Given Its Strategic Location, Existing Traffic Flow, And Proximity To Established Travel-Oriented Businesses. A Portion Of The Property Lies Near The Floodway And Partially Within A Flood Zone, Making It Well-Suited For Uses Such As Agriculture, Solar Farms, Trailer Storage, Outdoor Recreation, Camping, Or Other Low-impact, Flexible-Use Concepts. Higher-elevation areas provide additional placement options depending on desired development. Two Recorded Easements, Set As Deed Restrictions On The Loves Travel Center, Provide Dedicated Access From State Road 109, Increasing The Property's Utility And Keeping Access Costs Low. Utilities Will Require Installation Of A Septic System And Well, If Desired. Seller Willing To Subdivide For Multiple Buyers. Located Near The New Henry County Community Health Facility And Within A Rapidly Developing Commercial Corridor Along I-70. This Property Offers Rare Scale, Immediate Interstate Connectivity, And Strong Long-Term Investment Potential For Developers, Investors, And Users Seeking Affordable Land With Flexible-Use Options. Taxes Are NOT Accurate.

Description provided by the listing brokerage.

Exterior

Fencing
Chain Link
Other structures
Not Applicable

Systems

Sewer
Septic Needed

Lot and HOA

Lot features
See Remarks
Zoning
Agricultural

Schools

Elementary school
Tri-Elementary School
High school
Tri Junior-Senior High School
School district
South Henry School Corp

Taxes

Estimated annual tax
$506 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$6,107per month, estimated
Principal and interest $5,671Property tax $42Insurance $394
20% · $225,000
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$1,125,000
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