51405 Elm Rd 5.01 Acres of Residential Land Offered at $1,250,000 in Granger, IN 46530
INVESTMENT HIGHLIGHTS
- Penn-Harris Madison School District
- Potential for residential or commercial development
- Prime location within Harris Township: Across from Harris Branch Library (P-H-M) & nearby to Harris Township Park and Granger Paths Walking Trail
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$4,618
|
$921.76
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$4,618
|
$921.76
|
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,250,000 |
| Price Per AC | $249,501.00 |
| Lot Size | 5.01 AC |
DESCRIPTION
PRIME LOCATION: Discover this remarkable investment or development opportunity on Elm Road on 5 +/- acres. Located directly across from Harris Branch Library (P-H-M) and just a short walk to Harris Township Park and Granger Paths walking/biking trail, this property offers limitless potential for residential or commercial development. While there is currently a house and barn on property, the value is in the land. Home sold as-is. The seller will not pay for demolition, repairs, or permits. Currently zoned Residential.
