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3840 W Us 40

Greenfield, IN 46140

PendingListed May 19, 2026 · 91 days on market

Key facts

Lot
8.32 acres
Type
Land · Unimproved Land
MLS #
22103207
County
Hancock
Subdivision
No Subdivision

About this home

This exceptional 8.32-acre parcel in Greenfield, Indiana, presents a highly versatile investment or owner-user opportunity. Currently utilized for agricultural purposes, the property offers a clean slate for developers, investors, or businesses looking to capitalize on Hancock County's explosive economic growth. Positioned just outside the immediate Indianapolis metropolitan footprint, this site provides the perfect balance of rural flexibility and rapid suburban expansion. Logistical Hub: Exceptional proximity to the I-70 corridor, providing seamless logistics and transit access directly into downtown Indianapolis, the Indianapolis International Airport, and major regional distribution routes. Path of Progress: Situated directly within Hancock County's primary expansion zone, making it a prime candidate for future rezoning and transition out of agricultural use. Strong Demographics: Benefits from a surging local population, a robust workforce talent pool, and significant nearby commercial and industrial investments.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Lot and HOA

Zoning
A

Schools

School district
Eastern Hancock Co Com Sch Corp

Taxes

Estimated annual tax
$288 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,719per month, estimated
Principal and interest $2,520Property tax $24Insurance $175
20% · $100,000
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$500,000
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