Key facts
- Lot
- 40 acres
- Type
- Land · Unimproved Land
- MLS #
- 22076851
- County
- Morgan
- Subdivision
- No Subdivision
About this home
Approved 40.385 Acre Multi-Family Units, Res Single Family, Assisted Living & Commercial. This property has master detention with a master storm pipe installed to the property line. There is a 12" water main established through the middle of the site which included taps at each planned section. Sewer is at the front entry servicing the front 40 AC. The back 62 AC has direct access to the sewer treatment plant. All sewer is planned and approved to be gravity flow. TOTAL OF 40 ACRES: 11 ACRES ARE ON STATE ROAD 39 ZONED COMMERICAL LOTS PRICES AT 90K PER ACRE. THE REMAINDER 29 ACRES ARE PRICED AT 40K PER ACRE.
Description provided by the listing brokerage.
Exterior
- Other structures
Systems
- Sewer
Lot and HOA
- Zoning
- general
Schools
- Elementary school
- Monrovia Elementary School
- Middle school
- Monrovia Middle School
- High school
- Monrovia High School
- School district
- Monroe-Gregg School District
Taxes
- Estimated annual tax
- $510 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2024
Estimate your monthly payment
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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