Rare Find in the Heart of Greenwood with a curb cut onto US Highway 31. Traffic count around 32,000. Zoned commercial. Has been used as a stone yard and office in the past. Includes 4000+ sq. foot residence and workshop/garage. Entrances both on Us 31 and Browning Drive connecting to Smith Valley Road. Highest and best use may be the development of luxury apartments overlooking the creek on both sides. Other uses could be business owner residence with business attached, assisted living, rehabilitation center, and more. Over 4+ acres. Adjacent to proposed Greenwood Trails project. Near Greenwood Park Mall, Greenwood High School, Old Town Greenwood and easy access to I-65, I-465, and I-69. Use your imagination.
Property Details
Property Features
Listing Office:
Office Name: Doc Real Estate, Inc
Office Email: heather@indydocteam.com
Listing Agent: Heather Bottorff
Lot Features
Lot Information:
Lot Size: 4.13 Acres
School Info
Assigned Schools Information:
Greenwood Community High School, Public District Grades 9-12
Greenwood Middle School, Public District Grades 6-8
Southwest Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: GPS Friendly
Price Information
Listing Price Info
Price Summary:
List Price: $975,000
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Housing Market Comparison
See how this home compares to others in Greenwood, IN.
This property is $669.8K more than the Median Sold Price in Greenwood, IN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MIBOR
MLS Number: #21967351
Listing Office:
Office Name: Doc Real Estate, Inc
Office Email: heather@indydocteam.com
Listing Agent: Heather Bottorff
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.
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Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Southwest Elementary School
619 W Smith Valley Rd
Distance between this listing and this school1.00 miles
Public District Grades KG-5
Middle School
7
/10
Greenwood Middle School
523 S Madison Ave
Distance between this listing and this school1.00 miles
Public District Grades 6-8
High School
8
/10
Greenwood Community High School
615 W Smith Valley Rd
Distance between this listing and this school1.23 miles
Public District Grades 9-12
Assigned Schools
7
/10
Southwest Elementary School
619 W Smith Valley Rd
Distance between this listing and this school1.00 miles
Public District Grades KG-5
Nearby Schools
7
/10
V O Isom Central Elementary School
50 E Broadway St
Distance between this listing and this school0.72 miles
Public District Grades KG-5
7
/10
Greenwood Northeast Elementary School
99 Crestview Dr
Distance between this listing and this school1.11 miles
Public District Grades KG-5
Assigned Schools
7
/10
Greenwood Middle School
523 S Madison Ave
Distance between this listing and this school1.00 miles
Public District Grades 6-8
Nearby Schools
8
/10
Perry Meridian Middle School
202 W Meridian School Rd
Distance between this listing and this school3.10 miles
Public District Grades 7-8
5
/10
Perry Meridian 6th Grade Academy
202 W Meridian School Rd
Distance between this listing and this school3.10 miles
Public District Grades 6-6
Assigned Schools
8
/10
Greenwood Community High School
615 W Smith Valley Rd
Distance between this listing and this school1.23 miles
Public District Grades 9-12
Nearby Schools
5
/10
Perry Meridian High School
401 W Meridian School Rd
Distance between this listing and this school3.23 miles
Public District Grades 9-12
3
/10
Southport High School
971 E Banta Rd
Distance between this listing and this school3.73 miles
The neighbors living near this home have an average income of $48,909. Most Greenwood, IN residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 440 S US Highway 31
What is the listing price of this property?
The listing price of 440 S US Highway 31 property is $975,000.
What type of property is this?
The property 440 S US Highway 31 is land located in Greenwood, Indiana, 46142.
Is this property for sale now?
Active Listing: 440 S US Highway 31 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 440 S US Highway 31 are: Southwest Elementary School: GreatSchools Rating 7/10Greenwood Middle School: GreatSchools Rating 7/10Greenwood Community High School: GreatSchools Rating 8/10
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This home is located at 440 S US Highway 31 in Greenwood, IN and zip code 46142. This home sits on a 4.13 acre lot. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $975,000.
In March 2024 more than 16 listings in Greenwood, IN were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 48 were sold below. The inventory of homes for sale in Greenwood, IN between February 2024 and March 2024 increased by 4.6%. In March 2024 median list price was $305,132 and the average listing age was 46 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.
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