Don't miss out on this hidden gem. This is a 7 plus acre parcel located in the fast-developing community of Sheridan IN. With access from 2 streets, this land is located at the end of Malott and Opal street. Surrounded by land owned by the Town of Sheridan to the East and Marathon Gas and Oil to the South. This is an R2 zoned parcel just waiting for an investor or developer to turn it into a high revenue income property. With all utilities at the adjoining streets, this is a perfect site to be developed. This amazing site is within 1000ft of the Monon Trail and could be closer if granted permission from the town to cross their parcel as well as the community park and ball fields directly across the Monon Trail. It has easy access to SR47, SR32, and SR31 for a smooth commute to and from work. The new water park is to open this upcoming year less than 10 minutes away, and Grand Park is less than 15 minutes. Currently the site is partially wooded with daily activity of wildlife from deer, rabbits, birds, etc.
Active
Price cut: $349K (6/4)
$3,250,000
1141 S Malott St, Sheridan, IN 46069
--beds
--baths
7.46Acres
Unimproved Land, Residential Lots
Built in ----
7.46 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 206 days |
- 68 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Gene Ott 317-440-7771,
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22077552
Facts & features
Property
Lot
- Size: 7.46 Acres
- Features: Not In Subdivision, Wooded, City, Rectangle
- Topography: Level,Wooded
Details
- Additional structures: None
- Parcel number: 290505104005001002
- Zoning: Residential
- Zoning description: Other
- Horse amenities: None
Utilities & green energy
- Water: Municipal Water Near By
Community & HOA
Community
- Subdivision: Sheridan Glass
Location
- Region: Sheridan
Financial & listing details
- Tax assessed value: $149,200
- Annual tax amount: $3,414
- Date on market: 12/22/2025
- Cumulative days on market: 208 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Price change | $3,250,000-9.7% |
Source:  MIBOR as distributed by MLS GRID #22077552 Report a problem | ||
| 4/14/2026 | Price change | $3,599,000-7.7% |
Source: MIBOR as distributed by MLS GRID #22077552 Report a problem | ||
| 2/24/2026 | Price change | $3,900,000-20.4% |
Source: MIBOR as distributed by MLS GRID #22077552 Report a problem | ||
| 12/22/2025 | Listed for sale | $4,900,000 |
Source: MIBOR as distributed by MLS GRID #22077552 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,357 -20.4% | $149,200 |
| 2024 | $4,218 -5.7% | $149,200 |
| 2023 | $4,473 -3.5% | $149,200 |
| 2022 | $4,637 +1.9% | $149,200 |
| 2021 | $4,550 +46.9% | $149,200 |
| 2020 | $3,097 -2.8% | $149,200 +53.8% |
| 2019 | $3,187 +0.8% | $97,000 |
| 2018 | $3,163 +107.2% | $97,000 |
| 2017 | $1,526 -46.6% | $97,000 |
| 2016 | $2,855 +0% | $97,000 +8.4% |
| 2014 | $2,855 0% | $89,500 |
| 2013 | $2,855 -4.7% | $89,500 -4.8% |
| 2012 | $2,997 +23.1% | $94,000 +8.8% |
| 2011 | $2,435 +9.4% | $86,400 |
| 2010 | $2,226 +4.2% | $86,400 |
| 2009 | $2,136 | $86,400 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 46069
Nearby schools
GreatSchools rating
- 7/10Sheridan Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 8/10Sheridan Middle SchoolGrades: 6-8Distance: 0.9 mi
- 8/10Sheridan High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Sheridan Elementary School
- Middle: Sheridan Middle School
- High: Sheridan High 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.
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- $215,5003 bd1 ba960 sqft1111 S Opel Ave, Sheridan, IN 46069Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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