Discover a rare opportunity to secure nearly 35 acres in one of Westfield's most desirable and fast-growing corridors. Located just northwest of 161st Street and Carey Road, this offering includes 28.27 acres of residential land and a highly desirable 6.657-acre commercial parcel zoned SF2, providing exceptional flexibility for elevated residential, commercial, or mixed-use development. Surrounded by affluent neighborhoods-including the prestigious Bridgewater community-the property offers immediate access to Carey Elementary School, Kroger, US-31, and US-32, placing it firmly within Westfield's thriving growth pattern. The residential acreage holds the potential for approximately 38 upscale homes based on prior planning, while the SF2-zoned commercial parcel is ideal for retail, wholesale, merchandising establishments, and professional services that support and enhance the surrounding community. Permitted SF2 uses include single-family dwellings, churches, private schools without dormitories, public parks, accessory buildings, golf courses, fire stations, temporary construction buildings, signs, stables, cemeteries, utilities, child care homes (IC 36-7-4-1108), and residential facilities for the mentally ill (IC 12-28-4-7). With its prestigious location, strong demographics, and versatile zoning, this property stands as a premier development opportunity in one of Indiana's most sought-after markets.
Active
$4,200,000
16405 Carey Rd, Westfield, IN 46074
--beds
--baths
34.92Acres
Unimproved Land, Residential Lots
Built in ----
34.92 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Surrounded by affluent neighborhoods
- 236 days |
- 224 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Jennil Salazar 317-610-6252,
Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22055814
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 34.92 Acres
- Features: Rectangle
- Topography: Level
Details
- Additional parcels included: 0910060000019.201
- Parcel number: 291007000008000015
- Zoning: Agricultural,Residential
- Zoning description: Agricultur,Commercial
- Horse amenities: None
Utilities & green energy
- Water: Not Applic
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Westfield
Financial & listing details
- Annual tax amount: $1,607
- Date on market: 11/15/2025
- Cumulative days on market: 452 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/15/2025 | Listed for sale | $4,200,000+44.9% |
Source: | ||
| 8/10/2025 | Listing removed | $2,899,000 |
Source: | ||
| 8/8/2025 | Listed for sale | $2,899,000 |
Source: | ||
| 2/14/2025 | Pending sale | $2,899,000 |
Source: | ||
| 7/17/2024 | Listed for sale | $2,899,000+176.1% |
Source: | ||
| 10/6/2022 | Listing removed | -- |
Source: | ||
| 4/18/2022 | Listed for sale | $1,050,000 |
Source: | ||
| 12/6/2021 | Pending sale | $1,050,000 |
Source: | ||
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: 46074
Nearby schools
GreatSchools rating
- 8/10Carey Ridge Elementary SchoolGrades: PK-4Distance: 0.2 mi
- 9/10Westfield Middle SchoolGrades: 7-8Distance: 2 mi
- 10/10Westfield High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- High: Westfield 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Hamilton County
- Westfield
- 46074
- 16405 Carey Rd





