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5850 S 400 W

New Palestine, IN 46163

ActiveListed Jul 1, 2026 · 97 days on market

Key facts

Lot
5.676 acres
Type
Land · Residential Lots
MLS #
22108476
County
Hancock
Subdivision
No Subdivision

About this home

Discover one of southwest Hancock County's most unique building opportunities! Located just two miles east of New Palestine, Heron Trail offers 5.6 scenic acres of gently rolling farmland currently in crop production. Tucked approximately 700-800 feet from the road, the property borders the Columbus-Jackson Ditch, where mature woods create a private, picturesque setting for your dream home. Nature lovers will appreciate the abundant wildlife, including meadowlarks, red-headed woodpeckers, hawks, and majestic herons that make this property their home. If you've been searching for the perfect blend of open countryside, wooded privacy, and an exceptional homesite, this rare offering is sure to impress. Located in the highly regarded New Palestine School District with immediate possession available. Build your future in one of Hancock County's most beautiful rural settings.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Water
Private
Sewer
Septic Needed

Lot and HOA

Lot features
Rural - Not Subdivision
Zoning
Residential

Schools

Middle school
New Palestine Jr High School
High school
New Palestine High School
School district
Southern Hancock Co Com Sch Corp

Taxes

Estimated annual tax
$354 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,560per month, estimated
Principal and interest $1,432Property tax $30Insurance $99
20% · $56,800
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$284,000
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