0 State Road 10De Motte, IN 46310

For Sale
$2,495,500

115 Acres, Zoned Residential, $2.49M

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 115-acre parcel in De Motte, Indiana, presents a unique opportunity for residential development. Located on State Road 10 in Newton County, this property boasts a desirable residential zoning designation, making it ideal for single-family or multi-family housing projects. The land itself features interesting contours and a tree-lined ridge, offering attractive building sites with natural beauty. Currently, portions of the land are being farmed, showcasing its fertile potential. The property's strategic location offers convenient access to amenities while maintaining a peaceful, rural setting. A significant advantage is the proximity to the county sewer system; the county is actively planning to extend the line to the property's edge, streamlining infrastructure development for future projects. The asking price is $2,495,500, translating to an attractive price per acre of $21,700. Detailed brochures are available for review, showcasing adjacent governmental and commercially zoned properties, which may present additional investment opportunities. This substantial landholding offers significant potential for developers seeking a prime location for residential construction in a growing area. The property's size and zoning make it a highly attractive investment for large-scale residential development. Don't miss this chance to acquire a substantial tract of land with exceptional development potential.

Highlights

  • $2,495,500 asking price for 115 acres of land.
  • Residential zoning.
  • $21,700 per acre land value.
  • Located on State Road 10, De Motte, IN 46310, Newton County.
  • Suitable for single-family or multi-family residential development.
  • County sewer system nearby with planned extension to property line.

Property Details for 0 State Road 10

Property type
Other land, Land
Lot Size (sq. ft)
5,009,400 SF

Location Insight

City
De Motte
County
Newton
State
Indiana
Latitude
41.14293
Longitude
-87.291766
State Road 10, De Motte, Indiana

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0 State Road 10
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