Real Estate Investors and Developers Dream Property! 8.5+ Acres of land in Sheridan, in. Located on Second St. - right in the middle of town. Zoned R2 Residential Small Lot. Zoning includes single family homes and single family attached homes ~ Duplexes, Triplexes, Quadplexes, & Townhomes. Preliminary Engineering Plans have 21 Duplexes with 42 units planned for this near 9 acre site. Property shares the entrance to Spicewood Gardens. City Streets up to this site are in place with curb cuts. City and sewer are up to this parcel. Northwest side of property borders the Monon Trail.
Property Details
Property Features
Listing Office:
Office Name: Snyder Strategy Realty, Inc
Office Email: wandalyons1@gmail.com
Listing Agent: Wanda Lyons
Lot Features
Lot Information:
Lot Size: 8.65 Acres
School Info
Assigned Schools Information:
Sheridan High School, Public District Grades 9-12
Sheridan Middle School, Public District Grades 6-8
Sheridan Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: GPS Friendly
Price Information
Listing Price Info
Price Summary:
List Price: $575,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Sheridan, IN.
This property is $264.2K more than the Median Sold Price in Sheridan, IN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MIBOR
MLS Number: #21993154
Listing Office:
Office Name: Snyder Strategy Realty, Inc
Office Email: wandalyons1@gmail.com
Listing Agent: Wanda Lyons
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to helpdesk@miborsupport.com and DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/4/2024, 10:46:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,937
Per Month
Principal & Interest
$2,870
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,790
Powered By
Advertisement
NMLS#3030
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
6
/10
Sheridan Elementary School
24795 Hinesley Rd
Distance between this listing and this school0.83 miles
Public District Grades PK-5
Middle School
7
/10
Sheridan Middle School
3030 W 246th St
Distance between this listing and this school0.93 miles
Public District Grades 6-8
High School
4
/10
Sheridan High School
24185 Hinesley Rd
Distance between this listing and this school0.84 miles
Public District Grades 9-12
Assigned Schools
6
/10
Sheridan Elementary School
24795 Hinesley Rd
Distance between this listing and this school0.83 miles
Public District Grades PK-5
Nearby Schools
4
/10
Monon Trail Elementary School
19400 Tomlinson Rd
Distance between this listing and this school6.85 miles
Public District Grades PK-4
7
/10
Maple Glen Elementary School
17171 Ditch Rd
Distance between this listing and this school7.54 miles
Public District Grades PK-4
Assigned Schools
7
/10
Sheridan Middle School
3030 W 246th St
Distance between this listing and this school0.93 miles
Public District Grades 6-8
Nearby Schools
7
/10
Westfield Middle School
345 W Hoover St
Distance between this listing and this school8.19 miles
Public District Grades 6-8
7
/10
Westfield Intermediate School
326 W Main St
Distance between this listing and this school8.54 miles
Public District Grades 5-6
Assigned Schools
4
/10
Sheridan High School
24185 Hinesley Rd
Distance between this listing and this school0.84 miles
Public District Grades 9-12
Nearby Schools
8
/10
Westfield High School
18250 N Union St
Distance between this listing and this school8.08 miles
Public District Grades 9-12
8
/10
Hamilton Heights High School
25802 State Road 19
Distance between this listing and this school11.53 miles
The neighbors living near this home have an average income of $44,333. Most Sheridan, IN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Basil Ln
What is the listing price of this property?
The listing price of 0 Basil Ln property is $575,000.
What type of property is this?
The property 0 Basil Ln is land located in Sheridan, Indiana, 46069.
Is this property for sale now?
Active Listing: 0 Basil Ln is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 0 Basil Ln are: Sheridan Elementary School: GreatSchools Rating 6/10Sheridan Middle School: GreatSchools Rating 7/10Sheridan High School: GreatSchools Rating 4/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0 Basil Ln in Sheridan, IN and zip code 46069. This home sits on a 8.65 acre lot. It has been listed on Rocket Homes since July 29, 2024 and is currently priced at $575,000.
While more than 1 listings in Sheridan, IN in October 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 3 were sold below. In October 2024 in Sheridan, IN there were 50% more homes for sale than in September 2024. In October 2024, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $310,744.
From Rocket Homes Real Estate and based on county public records data.