The name of the game here is POTENTIAL. Here's the thing about land...they just aren't making any more of it. This is 120 acres of prime commercial land in an area booming with commercial growth. Located approx. 1.5 miles from the Interstate 70/State Road 59 intersection with multiple businesses & amenities nearby, the possibilities here are endless. NO ZONING and NO LOCAL PERMITTING REQUIRED. Just 120 acres of land, woods & fields with Birch Creek running through it. 1-acre pond, plus shared access to a 7-acre docked and stocked lake. There are many structures on-site, including a completely renovated & fully-furnished primary residence w/commercial grade Kitchen, LR, 1/2 BA primary BR suite w/ en suite BA & home office. There is a secondary residence on the property w/ 2 BRs and 1 full BA that can be rented out as an AirBNB or to a permanent tenant. This residence has also been completely renovated and comes fully-furnished. The 60x30 pole barn includes a 30x30 lean-to for additional storage. You'll also find 2 guest cabins further back on the property with climate control & electric, a 16x12 stand alone art studio w/ electric that can also be used as an office, a 16x12 mini barn and a 8x4 guard shack. There are multiple RV hook-ups 13 gravel cut-ins and multiple ADA compliant BAs on the property, as well. HUGE GREEN FLAG: 2 new 200 amp. electrical services on-site, 3 electrical transformers on the front 40 acres and 6 NEW 20/30/50 amp electrical hook-ups with all new electrical wiring. The amenities & upgrades cannot possibly be covered adequately in the words allotted here, so please see the attached list of details and amenities.
Active
$3,999,900
250 E State Road 42, Brazil, IN 47834
--beds
--baths
120Acres
Unimproved Land
Built in ----
120 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 120 days
- 100
- 2
Zillow last checked:
Listing updated:
Listed by:
Amber Greene 317-370-7869,
Greene Realty, LLC,
Brette Land
Source: MIBOR as distributed by MLS GRID,MLS#: 22100576
Facts & features
Property
Features
- Has view: Yes
- View description: Pasture, Pond, Trees/Woods, Water
- Has water view: Yes
- Water view: Pond,Water
Lot
- Size: 120 Acres
- Features: Rural - Not Subdivision, Mature Trees, Trees-Small (Under 20 Ft), Wooded, See Remarks, On Pond, On Trail, Small Trees, Water View
- Topography: See Remarks,Other
Details
- Additional structures: Barn(s), Shed(s), Tenant House, Utility Buildings(s), See Remarks, Other
- Additional parcels included: 2 20acre parcels and 2 40acre parcels
- Parcel number: 110432200006000007
- Zoning: NONE
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well on Site
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Brazil
Financial & listing details
- Tax assessed value: $217,500
- Annual tax amount: $1,584
- Date on market: 5/7/2026
- Cumulative days on market: 122 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$977/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Listed for sale | $3,999,900 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,299 -19.9% | $217,500 +22.8% |
| 2024 | $1,622 -3.4% | $177,100 +14.7% |
| 2023 | $1,680 +4.5% | $154,400 -6.5% |
| 2022 | $1,607 +1.2% | $165,100 +16.2% |
| 2021 | $1,588 +0.1% | $142,100 +3.5% |
| 2020 | $1,586 -0.4% | $137,300 -1.7% |
| 2019 | $1,592 +8% | $139,700 -1.8% |
| 2018 | $1,474 +64.4% | $142,200 +2.3% |
| 2017 | $896 | $139,000 +77.5% |
| 2016 | $896 -1.2% | $78,300 -1.3% |
| 2014 | $907 | $79,300 |
Find assessor info on the county website



