Seize this exceptional investment opportunity in the thriving community of Plainfield, Indiana. This prime 5 +/- acre parcel of land, conveniently located off the Quaker Blvd exit, is a rare gem offering immense potential for a variety of uses. With its strategic location and excellent accessibility, this property is poised to deliver significant returns for savvy investors. Plainfield, Indiana, is renowned for its business-friendly environment, excellent infrastructure, and vibrant community life. The town boasts a diverse economy with strong industrial, retail, and residential sectors. Investing in this 5 +/- acre parcel provides a unique opportunity to capitalize on the region's growth and development potential. Flexible zoning options suitable for commercial, industrial, or residential development. Full access to essential utilities including water, electricity, and sewer services. Level terrain, ideal for construction and development projects. Perfect for mixed-use developments, retail centers, industrial parks, or residential communities. Proximity to major transportation routes enhances logistics and accessibility. Positioned in a high-growth corridor with promising future prospects.
Property Details
Property Features
Listing Office:
Office Name: eXp Realty, LLC
Office Email: glenn.bill@exprealty.com
Listing Agent: Glenn Bill
Lot Features
Lot Information:
Lot Size: 4.41 Acres
Other
Directions Information:
Directions: From I-465 take I-70 west to Quaker Blvd exit (exit 66), turn right and follow to Hartford Ave turn right. Property sits at corner of Hartford Ave and Cambridge Way.
Price Information
Listing Price Info
Price Summary:
List Price: $1,725,000
Tax Information:
Annual Amount: $111
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Plainfield, IN.
This property is $1.4M more than the Median Sold Price in Plainfield, IN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MIBOR
MLS Number: #22008460
Listing Office:
Office Name: eXp Realty, LLC
Office Email: glenn.bill@exprealty.com
Listing Agent: Glenn Bill
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.
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Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$111
$5,300
2019
$112
$5,300
2018
$42
$1,900
2017
$46
$2,100
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Clarks Creek Elementary School
401 Elm Dr
Distance between this listing and this school1.77 miles
Public District Grades KG-5
7
/10
Brentwood Elementary School
1630 Oliver Ave
Distance between this listing and this school1.80 miles
Public District Grades KG-5
7
/10
Van Buren Elementary School
225 Shaw St
Distance between this listing and this school2.19 miles
Public District Grades KG-5
Nearby Schools
8
/10
Plainfield Community Middle School
709 Stafford Rd
Distance between this listing and this school1.75 miles
Public District Grades 6-8
5
/10
Paul Hadley Middle School
200 W Carlisle St
Distance between this listing and this school4.15 miles
Public District Grades 7-8
4
/10
Decatur Middle School
5108 S High School Rd
Distance between this listing and this school5.27 miles
Public District Grades 7-8
Nearby Schools
6
/10
Plainfield High School
1 Red Pride Dr
Distance between this listing and this school0.55 miles
Public District Grades 9-12
1
/10
Damar Charter Academy
5125 Decatur Blvd Ste D
Distance between this listing and this school3.59 miles
Public Charter Grades KG-12
7
/10
Mooresville High School
550 N Indiana St
Distance between this listing and this school4.14 miles
The neighbors living near this home have an average income of $62,687. The majority of Plainfield, IN residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Plainfield, IN
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
Types of housing in Plainfield, IN.
Plainfield's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate various preferences. The architectural styles in the area range from contemporary to traditional, with a noticeable presence of ranch-style homes. The majority of the residential construction reflects growth in recent decades, with many homes dating back to the late 20th century.
What is it like to live in Plainfield, IN?
Plainfield is celebrated for its welcoming community spirit and family-friendly atmosphere. The town prides itself on its well-maintained parks and recreational facilities, which serve as hubs for local events and gatherings. Annual festivals and community events are a testament to the town's strong sense of local culture and tradition.
Is it easy to get around Plainfield, IN without a car?
The community is served by a number of public schools, ensuring educational opportunities for children of all ages. Healthcare needs are met by local clinics and a nearby hospital that offers a range of services from emergency care to specialized treatments. Retail and dining options in Plainfield reflect the local culture, with a variety of shops and restaurants catering to residents' needs.
Transportation in Plainfield, IN.
Transportation options in Plainfield include a network of major roads that provide easy access to surrounding areas. Public transit services are available, with schedules designed to accommodate commuters. The town also features areas with higher walkability, particularly around the downtown district, and has made efforts to improve bike lanes and pedestrian paths for safer, more convenient travel.
Frequently Asked Questions About 5011 Cambridge Way
What is the listing price of this property?
The listing price of 5011 Cambridge Way property is $1,725,000.
What type of property is this?
The property 5011 Cambridge Way is land located in Plainfield, Indiana, 46168.
Is this property for sale now?
Active Listing: 5011 Cambridge Way is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $111 (source: MLS/based on county public records data).
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This home is located at 5011 Cambridge Way in Plainfield, IN and zip code 46168. This home sits on a 4.41 acre lot. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $1,725,000.
Plainfield, IN housing market in October 2024 saw over 7 listings sold above listed price, more than 8 sold at listed price and over 16 sold below. The number of listings in Plainfield, IN increased by 4.9% between September 2024 and October 2024. In October 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $320,000.
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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