Timberlake Woods Residential Development

Vacant Land for Sale
Catylist Listing ID: 30754706
Property Subtypes: Residential (Single Family)
Gross Land Area: 82 Acres
Sale Price: $1,650,000
Unit Price: $20,121 Per Acre
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/7/2021

Overview / Comments

SVN | The Martin Group is pleased to present 82 +/- acres of residential development land located just south of Indianapolis, IN. The property has easy access to the newly extended I-69 corridor providing a quick commute to Indianapolis to the north or Bloomington/Martinsville to the south. This offering contains two 1+ acre sites ready for a new home in the development's phase 1. This offering also contains a second phase consisting of 80+/- acres primed for development of the remaining 31 lots. The entire neighborhood contains 4 beautiful ponds, is 1 mile from Green Township elementary school, and is only 30 minutes from Indianapolis International Airport.

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Morgan
Tax ID/APN: 55-10-15-300.001-009
Zoning: R-1
Site Description: The development property is located just north of Martinsville, IN and approximately 15 miles south of Indianapolis. The property also easy access to multiple new I-69 interchanges.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,884 10,563
Median Age: 41.36 40.04
Households: 1,381 3,922
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