Key facts
- Lot
- 18.38 acres
- Type
- Land · Residential Lots
- MLS #
- 22120732
- County
- Morgan
- Subdivision
- No Subdivision
About this home
Discover an opportunity to own two separate parcels totaling approximately 18+ acres, offering a unique combination of open space, potential homesites, and recreational possibilities. The 8+ acre parcel and 10+ acre parcel are each divided by the highway, creating multiple areas with different potential uses. The acreage on one side of the highway includes areas within the flood zone, making it well suited for recreational use, open space, hunting, or other uses subject to applicable regulations. The acreage on the opposite side offers potential build sites for homes, providing an excellent opportunity for those looking for residential development possibilities in a country setting. With two sizable parcels and approximately 18+ acres combined, this property provides flexibility for a variety of uses. Whether you're looking for land to build a home, investment property, recreational acreage, or a combination of uses, this property is worth exploring. Buyers should verify flood-zone boundaries, building restrictions, utilities, access, sewer requirements, and permitted uses with the appropriate county and governmental agencies. Opportunities to find this much acreage with potential residential homesites can be hard to come by!
Description provided by the listing brokerage.
Exterior
- Other structures
Systems
- Sewer
Lot and HOA
- Zoning
- Res
Schools
- Middle school
- John R. Wooden Middle School
- High school
- Martinsville High School
- School district
- MSD Martinsville Schools
Taxes
- Estimated annual tax
- $78 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
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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