Residential Land - up to 25 duplex units

Vacant Land for Sale
Catylist Listing ID: 30779319
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 9.96 Acres
Sale Price: $40,000 Per Acre
Total Price: $398,400
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/17/2022

Overview / Comments

The Twelve Oaks subdivision was started in the late 90's and never completed. Phase 1 was planned to consist of 7 duplex units, only 3 were built. Phase 2 is planned for 6 duplex units and Phase 3, 6 duplex units. Please see the attached site plan.

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Madison
Taxing Authority: Anderson
Tax ID/APN: 48-12-32-300-002.000-003
Zoning: RESIDENTIAL
Property Visibility: Good
Largest Nearby Street: 67th Street

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,740 51,536 73,567
Median Age: 32.53 38.01 39.54
Households: 3,321 21,034 30,735
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