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408 N Elm Street

Brazil, IN 47834

ActiveListed Aug 31, 2026 · 32 days on market

Key facts

Lot
0.17 acres
Type
Land · Residential Lots
MLS #
22123620
County
Clay
Subdivision
Rishers

About this home

Build your future on this cleared, mostly level 0.17 acre city lot on N. Elm Street in Brazil! Conveniently located near local shopping, schools, and other community amenities, this property offers an excellent opportunity for a new home or long-term investment. Utilities are available nearby, helping make the development process more convenient. Don't miss this affordable opportunity to own land in town! Buyer to verify zoning, building requirements, utility availability, and connection costs.

Description provided by the listing brokerage.

Systems

Sewer
Public Sewer

Lot and HOA

Zoning
unknown

Schools

Middle school
North Clay Middle School
School district
Clay Community Schools

Taxes

Estimated annual tax
$442 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$128per month, estimated
Principal and interest $85Property tax $37Insurance $6
20% · $3,380
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$16,900
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