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*** Luellen Way

IN 47362

ActiveListed Feb 1, 2026 · 209 days on market

Key facts

Lot
4.3 acres
Type
Land · Unimproved Land
MLS #
22082337
County
Henry
Subdivision
No Subdivision

About this home

Great development opportunity. High traffic area, C-1 zoning. Located near new medical facility, office space, YMCA and new Housing Development. Perfect location for office buildings, service businesses, or food/entertainment establishments. Easy ingress/egress options. Visibility from SR 3, road access from SR 3 and Emerson Ave. City utilities available. Multiple lots available. Price is based on per acre price.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Public Sewer

Lot and HOA

Zoning
C-1

Schools

Middle school
New Castle Middle School
School district
New Castle Community School Corp

Taxes

Estimated annual tax
$196 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$690per month, estimated
Principal and interest $630Property tax $16Insurance $44
20% · $25,000
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$125,000
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