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$899,000
Rare opportunity to own one of the last large residential investment properties in Greenwood! This approximately 5-acre, flat and usable property offers tremendous potential for builders, developers, and investors. Conveniently located approximately 20 minutes south of Downtown Indianapolis and just minutes from I-65, major shopping, parks, and highly rated Greenwood schools. The property is directly across from Greenwood Middle School and approximately half a mile from Greenwood High School and Freedom Park. Major utilities, including gas, electric, water, and sewer, are located along Averitt Road. Previous development plans outlined 13-20 duplexes, offering the potential for 26-40 total units subject to zoning and governmental approvals. The property also offers flexibility for custom home development, with potential lot sizes ranging from approximately 1/4-acre lots to larger estate-sized parcels. Currently on the property is an approximately 4,300-square-foot, 11/2-story home featuring 5 bedrooms, 3 bathrooms, 2 fireplaces, gas forced air, and central A/C. Additional improvements include an approximately 2,500-square-foot pole building, a 900-square-foot red barn, and a pool in need of improvements.

1301 Averitt Road, Greenwood

Listing courtesy of Trueblood Real Estate.

$325,000
LAST CHANCE ESTATE: 10 Wooded Acres with Indian Creek Lake Access Rare opportunity to own the final undeveloped 10-acre tract in the prestigious Indian Creek Lake Lot Owners Association (ICLLOA). This fully wooded parcel offers ultimate privacy and a ?legacy? building site in an established community. Situated in Hensley Township of Johnson County, this residential lot is the perfect canvas for a sprawling estate, a walk-out basement, or a private forest retreat. LIFESTYLE & AMENITIES: EXCEPTIONAL FISHING: All homeowners have access to the 7-acre Indian Creek Lake, renowned for exceptional fishing. Perfect for quiet mornings on the water, kayaking, or swimming. WOODED PRIVACY: 10 acres of mature woods providing a natural buffer. SCHOOLS: 1.7 miles from Indian Creek Schools; Nineveh-Hensley-Jackson school district. BUILD-READY HIGHLIGHTS: PROVEN SOIL: Historical Perc Test completed by Franklin Homes; property is site-validated for a custom residence. BUILDING STANDARDS: A 2,200 sq. ft. minimum living area requirement ensures a neighborhood of high-value, high-caliber custom homes. UTILITIES: Underground electricity and telephone accessible on W Bear Claw Rd; internet; water to be sourced by private well. SURVEYED: Boundary and topography data available to identify the ideal high-ground building envelope. FINANCIALS: HOA DUES: $600/year (2026 dues already PAID by Seller!) ANNUAL TAXES: $1496 (Split into two $748 installments) REMOTE BUYING & SHOWINGS: Potential buyers are welcome to drive by and walk the property at their convenience. Survey, CC&Rs, and historical soil data is available upon request. Approximately 1.5 Miles south, Bear Claw Rd Is a private, paved road on the west (right) side of 300 W. The property is located on the left side of the private drive starting at the road entrance. Final reminders:: Home type: Lots / Land Listing Type: For Sale By Owner Lot Size: 10 Acres Zoning: Residential

3299-3201 W Bear Claw Road, Trafalgar

Listing courtesy of 1 Percent Lists Indiana Real Estate.

$675,000
Exceptional development along State Road 135. This highly visible property is ideally positioned for commercial, retail, or mixed-use development, with utilities available nearby. The location offers outstanding accessibility and exposure, making it an excellent site for a neighborhood retail center, professional offices, or other commercial ventures. Surrounded by established and expanding residential and commercial developments, the property is situated in a rapidly growing corridor. Additionally, the 68 acres at the rear of the property is currently under development for a proposed residential community, creating future demand and increased traffic for nearby businesses. Don't miss this rare opportunity to invest in one of the area's most promising growth locations.

4100 N State Road 135, Bargersville

Listing courtesy of Carpenter, REALTORS®.

$2,750,000
Exceptional development along State Road 135. This highly visible property is ideally positioned for commercial, retail, or mixed-use development, with utilities available nearby. The location offers outstanding accessibility and exposure, making it an excellent site for a neighborhood retail center, professional offices, or other commercial ventures. Surrounded by established and expanding residential and commercial developments, the property is situated in a rapidly growing corridor. Additionally, the 68 acres at the rear of the property are currently under development for a proposed residential community, creating future demand and increased traffic for nearby businesses. Don't miss this rare opportunity to invest in one of the area's most promising growth locations.

3800 N State Road 135, Bargersville

Listing courtesy of Carpenter, REALTORS®.

$150,000
Rare 1.41-Acre Urban Oasis in Old Town Greenwood! An absolute unicorn of a property has hit the Greenwood market! Vacant land in this historic footprint is incredibly rare, and finding a parcel of this size is a once-in-a-lifetime opportunity. Boasting a total of 1.41 acres, this expansive property offers a perfect blend of cleared utility and private, wooded tranquility-all within easy walking distance of the absolute best that Old Town Greenwood has to offer. The front is fully secured by a 6-foot chain link fence with an access gate. Lined entirely by stunning mature trees, this section provides excellent privacy from the street and serves as a perfect gateway to the rest of the acreage. The rear portion of the property is a dense, scenic wooded retreat. It's your own private state-park experience right in your backyard. You simply cannot beat this location. Leave your car at home and take a short walk to: Greenwood Amphitheater & Craig Park (for summer concerts and community events), Old City Park & Northeast Park, Greenwood Community Center, and Old Town Greenwood Shops & Dining. Whether you are looking to build a custom dream home with unparalleled acreage in the heart of the city, or exploring a rare infill development opportunity, this parcel is a blank canvas waiting for your vision. Properties like this do not wait around-secure your piece of Old Town Greenwood today!

200 Academy Street, Greenwood

Listing courtesy of O'Brien Team Realty.

$599,000
This property offers an appealing mix of features for both agricultural and recreational use. Containing approximately 35 acres of productive tillable land, it presents solid income opportunity for farming or crop leasing. It also includes 15 acres of mature bottomland hardwoods, creating a natural habitat that enhances the land's beauty and ecological value. The tillable acres boast an overall NCCPI rating of 83, reflecting its strong agricultural potential. The farm is easily accessible with over 550 yards of frontage along State Road 44, just minutes from Franklin. Nature enthusiasts will appreciate the recreational aspects of this land. A channel of Sugar Creek flows through the wooded acreage, adding scenic value and supporting diverse wildlife. The property offers excellent hunting opportunities, thanks to its combination of open fields and mature timber. Conveniently located, it is only 10 minutes from Franklin, 30 minutes from Columbus, and 30 minutes from Indianapolis, making it a rare find for those seeking both income-producing farmland and outdoor enjoyment close to city amenities.

0 E State Road 44, Franklin

Listing courtesy of Midwest Land Group.

$13,461,132
AGENTS & DEVELOPERS - this is the opportunity you've been waiting to find. Nearly 193 contiguous acres in a prime, fast growing corridor just a half mile from the State Road 135 & State Road 252 intersection in the booming Trafalgar, Indiana market. This high visibility intersection and surrounding area already features strong national brands - McDonald's, Taco Bell, Burger King, Subway, and Dairy Queen - along with well established local favorites. Indian Creek High School sits less than one mile from the property, adding tremendous appeal for future residential growth. The surrounding area features numerous residential and commercial rooftops supported by city water and city sewer. The land itself offers flat, usable acreage, entirely outside the floodplain, making it ideal for large scale development. Recreational amenities are close by, including Sweetwater Lake, Cordry Lake, Princes Lakes, and Lamb Lake, all within a 10-20 minute drive. For commuters, the location provides convenient access to major destinations: 45 minutes to Downtown Indianapolis, 45 minutes to Indianapolis International Airport, 45 minutes to Bloomington, and only 90 minutes to Louisville This is a rare, high value development tract in one of Central Indiana's most promising growth areas - the kind of opportunity that doesn't come along often.

West 400 S, Trafalgar

Listing courtesy of CENTURY 21 Scheetz.

$808,000
Welcome to LOT 4 in the prestigious Hope Ridge Estates - where the dream luxury countryside living comes true. This stunning 10.1-acre homesite offers the rare opportunity to build your custom dream home with rolling views, peaceful privacy, and plenty of space and freedom to create your own private retreat. Whether you envision a grand estate, elegant farmhouse, pool, barn, or winding driveway lined with trees, the possibilities here are endless. Soil tests have already been completed and are available in the supplements. Electric, municipal water, and fiber internet are all on-site or at the street. Propane is a great source for non-electric cooking and heating or natural gas is available down the road. Be sure to review the plat map for lot layout and boundaries, and contact agent for additional details.

(LOT 4) 1630 N 400 W, Bargersville

Listing courtesy of Simplify Real Estate.

$866,400
Welcome to LOT 2 in the prestigious Hope Ridge Estates - where the dream luxury countryside living comes true. This stunning 10.83-acre homesite offers the rare opportunity to build your custom dream home with rolling views, peaceful privacy, and plenty of space and freedom to create your own private retreat. Whether you envision a grand estate, elegant farmhouse, pool, barn, or winding driveway lined with trees, the possibilities here are endless. Soil tests have already been completed and are available in the supplements. Electric, municipal water, and fiber internet are all on-site or at the street. Propane is a great source for non-electric cooking and heating or natural gas is available down the road. Be sure to review the plat map for lot layout and boundaries, and contact agent for additional details.

(Lot 2) 1630 N 400 W, Bargersville

Listing courtesy of Simplify Real Estate.

$795,000
Escape to the peace and privacy of country living with this beautiful 14-acre property offering endless possibilities. Whether you are dreaming of building your custom home, creating a private retreat, starting a hobby farm, or simply enjoying wide open space, this property provides the perfect setting. The acreage offers a blend of open ground and natural scenery, giving you room to spread out while still enjoying the beauty of the surrounding landscape. With plenty of space for outbuildings, recreational activities, animals, gardens, or future expansion, the opportunities here are hard to find. Enjoy quiet mornings, scenic sunsets, and the flexibility that comes with owning acreage while still being conveniently located to nearby amenities, shopping, dining, and major roadways. Rare opportunity to own a sizable piece of land with so much potential in a desirable location. Bring your vision and make this property your own.

N Harvey (Tract 2) Road, Indianapolis

Listing courtesy of Red Hot, REALTORS LLC.

$245,000
Build your dream home on this beautiful 3-acre vacant parcel offering the perfect blend of peaceful country living and convenient accessibility. Recently surveyed and split into two separate parcels, this property presents a unique opportunity for future development, investment potential, or multi-generational living. The open and level landscape provides several ideal building sites with plenty of room for a custom home, pole barn, workshop, garden, or recreational space. Enjoy scenic rural views and privacy while still being conveniently located just minutes from nearby shopping, dining, schools, and major roadways for an easy commute. Whether you are ready to build now or planning for the future, this versatile property offers endless possibilities in a desirable location. Don't miss your chance to own a beautiful piece of land with flexibility, space, and convenience all in one package.

Harvey (Tract 1), Indianapolis

Listing courtesy of Red Hot, REALTORS LLC.

$300,000
Discover a truly one-of-a-kind opportunity in the heart of Center Grove! Situated on 7.784 scenic acres along Old State Road 37, this unique property offers endless potential with a blend of character, functionality, and natural beauty. The property features a historic barn constructed from 1890 boxcars, adding distinctive charm and a rare conversation piece you won't find elsewhere. Enjoy entertaining in the large screened-in pavilion complete with bar area offering the perfect setting for gatherings, cookouts, celebrations, family reunions, or relaxing evenings surrounded by nature. The land offers a picturesque setting with mature trees, a pond with gazebo, open green space, and multiple outbuildings including a small barn, shed, and additional storage structure. The front of the property is lined with black fencing, creating an attractive entrance and added privacy. Potential commercial zoning opportunities may also exist, offering even more possibilities for future use or investment. A rare chance to own acreage in a prime Center Grove location with character, versatility, and room to bring your vision to life!

2021 Old State Road 37, Greenwood

Listing courtesy of Weichert REALTORS® Cooper Group Indy.

$645,000
Exclusive Estate Opportunity in Gated Wooded Enclave - 10 Acres in White River Township Discover a rare opportunity to build your dream residence on one of only three estate lots in an intimate gated enclave, nestled in the heart of the Center Grove area. This expansive, wooded property spans over 10 acres, offering a serene and private setting ideal for a custom home that blends seamlessly into nature. With mature trees surrounding the homesite, your future estate will enjoy both seclusion and timeless natural beauty. A private drive and shared entry gate add an extra layer of exclusivity and security. While there is no HOA, thoughtful covenants and restrictions help preserve the character and quality of this one-of-a-kind community. Situated along a key thoroughfare with quick access to Bargersville, Center Grove schools, local dining, shopping, and the interstate, this location offers the perfect balance of convenience and prestige. Duke Homes, known for crafting high quality custom homes, is the exclusive builder for this estate. The property requires a septic system for future construction, other utilities are at the site. A gas pipeline easement runs along the western edge. This is your chance to secure a legacy property in a premier location.

5830 W STATE RD 144, Greenwood

Listing courtesy of Duke Collective, Inc..

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