4051 State RteSheridan, IN 46069

For Sale
$1,350,000

Prime Sheridan location, future Monon Trail access.

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional 19-acre property in Sheridan, Indiana, presents a unique investment opportunity. Situated along the planned extension of the Monon Trail, just north of Sheridan's downtown area, this land offers unparalleled potential. The property includes a substantial barn, suitable for agricultural use or conversion into an event space or party barn, along with two additional outbuildings. A three-bedroom ranch-style home is also situated on the property. Its prime location offers easy access to the amenities of Sheridan while enjoying a tranquil setting. The proximity to the future Monon Trail extension promises significant future value appreciation, making this land ideal for redevelopment into custom homes or a thriving event center. The property's size and existing structures provide flexibility for a variety of development scenarios, catering to diverse investment strategies. The asking price is $1,350,000. The property is located at 4051 State Rte 38, Sheridan, IN 46069, in Hamilton County. The lot size is 19 acres. Co-op opportunities are available.

Highlights

  • 19-acre site adjacent to the planned Monon Trail extension, north of downtown Sheridan.
  • Features a large barn, two additional outbuildings, and a 3-bedroom ranch house.
  • Excellent redevelopment potential for residential, commercial (event center), or mixed-use projects.
  • Existing barn suitable for agricultural use or conversion to an event venue.

Property Details for 4051 State Rte

Property type
Other land, Land
Lot Size (sq. ft)
827,640 SF

Location Insight

City
Sheridan
County
Hamilton
State
Indiana
Latitude
40.141946
Longitude
-86.2303398
4051 State Rte, Sheridan, Indiana

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4051 State Rte
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