**Prime Commercial Development Opportunity - Anderson, IN** Exceptional 1.0 acre commercial lot located in a high-visibility corridor of Anderson with daily traffic counts exceeding 20,000 vehicles. Zoned for a variety of commercial uses including retail, professional and business offices, personal service businesses, restaurants, carryout establishments, financial institutions, and other neighborhood commercial uses. Surrounded by established businesses, residential neighborhoods, and major amenities, this site offers outstanding exposure and accessibility for your next development project. Don't miss this rare opportunity in one of Anderson's busiest commercial corridors.
Active
Price cut: $20K (9/10)
$199,000
1402 S Madison Ave, Anderson, IN 46016
--beds
--baths
1Acres
Unimproved Land
Built in ----
1 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
High-visibility corridor of anderson
- 124 days
- 25
- 2
Zillow last checked:
Listing updated:
Listed by:
Barinder Singh barinder.singh@exprealty.com,
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22106078
Facts & features
Property
Lot
- Size: 1 Acres
- Features: City, Corner
- Topography: Level
Details
- Parcel number: 481113203122000003
- Zoning: Commercial
- Zoning description: Commercial
- Horse amenities: None
Utilities & green energy
- Water: Municipal Water on Site
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Anderson
Financial & listing details
- Annual tax amount: $560
- Date on market: 6/4/2026
- Cumulative days on market: 118 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Price change | $199,000-9.1% |
Source: | ||
| 7/6/2026 | Price change | $219,000-12% |
Source: | ||
| 6/4/2026 | Listed for sale | $249,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 46016
Nearby schools
Schools provided by the listing agent
- Middle: Highland 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.





