5+ Acres For Commercial Development - I-70 Westbound Exit Ramp. Prime Commercial Opportunity With Exceptional Visibility From Interstate 70 And State Road 109. This Cleared 5+ Acre Parcel Sits Directly Off The Westbound Exit Ramp, Offering Strong Exposure And Easy Access For High-Traffic Commercial Use. The Property Will Need To Be Zoned For Commercial Use And Is Ideally Suited For A Fast Food Restaurant, Gas Station, Convenience Store, Or Similar Roadside Business. Though This Lot Is Positioned Independently Off The Exit Ramp, It Is Part Of A Larger 134-Acre Tract Owned By The Seller-However, Only This Specific Lot Is Being Offered For Sale. Seller Will Subdivide For Multiple Buyers. Located Adjacent To The New Henry County Community Health Facility. Utilities Will Require Installation Of A Septic System And Well.
Active
Price cut: $1.9M (4/27)
$499,000
0 S State Road 109, Knightstown, IN 46148
--beds
--baths
5.3Acres
Unimproved Land
Built in ----
5.3 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 238 days |
- 35 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Albert Stancato 317-504-2663,
Highgarden Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22073511
Facts & features
Property
Lot
- Size: 5.3 Acres
- Features: Corner Lot, Irregular Lot, Not In Subdivision, See Remarks
- Topography: Cleared
Details
- Parcel number: 331617000201002029
- Zoning: Agricultural
- Zoning description: Agricultur
- Horse amenities: None
Utilities & green energy
- Sewer: Septic Needed
- Water: None, Well Required
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Knightstown
Financial & listing details
- Annual tax amount: $5,662
- Date on market: 11/14/2025
- Cumulative days on market: 181 days
- Listing terms: See Remarks
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Pending sale | $732,178 |
Source:  MIBOR as distributed by MLS GRID #22098175 Report a problem | ||
| 4/27/2026 | Price change | $732,178-72.1% |
Source: MIBOR as distributed by MLS GRID #22098175 Report a problem | ||
| 11/15/2025 | Price change | $2,625,000+133.3% |
Source: MIBOR as distributed by MLS GRID #22073598 Report a problem | ||
| 11/15/2025 | Price change | $1,125,000+125.5% |
Source: MIBOR as distributed by MLS GRID #22073584 Report a problem | ||
| 11/14/2025 | Listed for sale | $499,000 |
Source: MIBOR as distributed by MLS GRID #22073511 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 46148
Nearby schools
GreatSchools rating
- 7/10Knightstown Elementary SchoolGrades: PK-3Distance: 4.8 mi
- 6/10Knightstown Intermediate SchoolGrades: 4-8Distance: 5.3 mi
- 4/10Knightstown High SchoolGrades: 9-12Distance: 5.4 mi
Schools provided by the listing agent
- Middle: Shelbyville Middle School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $9,300-- bd-- ba-- sqft4653 S County Road 1050 W, Knightstown, IN 46148Off Market
- $201,9003 bd1 ba1.8k sqft4653 S County Road 1050 W, Knightstown, IN 46148Off Market
- $262,0003 bd2 ba1.7k sqft4714 S State Road 109, Knightstown, IN 46148Sold
- $435,5003 bd2 ba2.2k sqft4650 S State Road 109, Knightstown, IN 46186Off Market
- $5,300-- bd-- ba-- sqftS State Road 109, Knightstown, IN 46148Off Market
- $73,000-- bd-- ba-- sqftS State Road 109, Knightstown, IN 46148Off Market
- $7,3005.017 AcresS State Road 109, Shirley, IN 46148Off Market
- $267,5003 bd1 ba1.8k sqft4812 S State Road 109, Knightstown, IN 46148Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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- Indiana
- Henry County
- Wilkinson
- 46148
- 0 S State Road 109
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