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1402 S Madison

Anderson, IN 46016

ActiveListed Jun 4, 2026 · 99 days on market

Key facts

Lot
1 acres
Type
Land · Unimproved Land
MLS #
22106078
County
Madison
Subdivision
No Subdivision

About this home

**Prime Commercial Development Opportunity - Anderson, IN** Exceptional 1.0 acre commercial lot located in a high-visibility corridor of Anderson with daily traffic counts exceeding 20,000 vehicles. Zoned for a variety of commercial uses including retail, professional and business offices, personal service businesses, restaurants, carryout establishments, financial institutions, and other neighborhood commercial uses. Surrounded by established businesses, residential neighborhoods, and major amenities, this site offers outstanding exposure and accessibility for your next development project. Don't miss this rare opportunity in one of Anderson's busiest commercial corridors.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Public Sewer

Lot and HOA

Zoning
Commercial

Schools

Middle school
Highland Middle School
School district
Anderson Community School Corp

Taxes

Estimated annual tax
$560 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,119per month, estimated
Principal and interest $1,003Property tax $47Insurance $70
20% · $39,800
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$199,000
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