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Janko Realty Group
1301 Averitt Road, Greenwood, IN 46143
- $799,000
- 5
- BD
- 3
- BA
- 4,112
- SqFt
- List Price
- $799,000
- Price Change
- ▼ $100,000 1791499341
- MLS#
- 22122443
- Property Type
- Residential
- Bedrooms
- 5
- Bathrooms
- 3
- Sqft. of Residence
- 4,112
- Year Built
- 1930
- Days on Market
- 49
- Status
- ACTIVE
Property Description
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.
Additional Information
- Foundation
- Crawl Space
- Number of Fireplaces
- 2
- Fireplace Description
- Other
- Stories
- One and One Half
- Architecture
- Traditional
- Acres
- 5
- Heat
- Gas
- Cooling
- Central Air
- Financing
- Conventional, FHA, VA
- Appliances
- Dishwasher
- Semi-Annual Taxes
- $3,150
- Garage
- Yes
- Region
- Pleasant
- Eating Areas
- Dining Combo/Family Room
Listing courtesy of Colton Cassel. Trueblood Real Estate
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