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940 W 1090 N

Fountaintown, IN 46130

ActiveListed Jul 8, 2026 · 22 days on market

Key facts

Lot
4.29 acres
Type
Land · Residential Lots
MLS #
22112747
County
Shelby
Subdivision
No Subdivision

About this home

This prime lot at 940 W 1090 N offers a rare blend of rural flexibility and premium utility readiness, making it the perfect canvas for your next chapter. This property gives you the ultimate choice in design: you can purchase the lot as-is to capitalize on the exciting, highly sought-after custom barndominium layout featuring soaring ceilings and open-concept living, or you can partner with renowned builder Davis Homes for a complete build-to-suit experience tailored to your exact floor plan preferences. Unlike raw land that requires extensive utility development, this site is uniquely equipped with the rare convenience of city gas at the street, alongside a private well and septic setup to keep your ongoing utility overhead incredibly low.

Description provided by the listing brokerage.

Exterior

Other structures
See Remarks

Systems

Sewer
Septic Tank

Lot and HOA

Zoning
Residential

Schools

School district
Shelby Eastern Schools

Taxes

Estimated annual tax
$1,086 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,708per month, estimated
Principal and interest $1,512Property tax $91Insurance $105
20% · $60,000
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$300,000
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