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5** Luellen Way

IN 47362

ActiveListed Feb 1, 2026 · 120 days on market

Key facts

Lot
3.88 acres
Type
Land · Unimproved Land
MLS #
22082338
County
Henry
Subdivision
No Subdivision

About this home

Great development opportunity. Prime SR 3 frontage for high visibility restaurant, retail or other commercial business. High traffic area, C-1 zoning. Located near new medical facility and YMCA. City utilities available.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Public Sewer

Lot and HOA

Zoning
C-1

Schools

School district
New Castle Community School Corp

Taxes

Estimated annual tax
$150 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,360per month, estimated
Principal and interest $1,260Property tax $13Insurance $88
20% · $50,000
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$250,000
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