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507 S Main

Sheridan, IN 46069

ActiveListed Sep 24, 2026 · 1 day on market

Key facts

Lot
0.45 acres
Type
Land · Unimproved Land
MLS #
22128029
County
Hamilton
Subdivision
No Subdivision

About this home

MAIN STREET SHERIDAN There are very few potential vacant land development sites on Main St in Sheridan so this should be a popular one. Half an acre of blank canvas ready for a new business. Whether you want to build a multi unit retail space or a single tenant building, this is a perfect location. Property has been cleared, surveyed and has a clean environmental assessment. It now just needs the builder.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Public Sewer

Lot and HOA

Zoning
GB

Schools

School district
Sheridan Community Schools

Taxes

Estimated annual tax
$3,194 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$4,579per month, estimated
Principal and interest $4,033Property tax $266Insurance $280
20% · $160,000
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$800,000
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