This commercial property consists of 3 lots totaling 2.62 acres. Currently zoned C1 Commercial. Two of the lots are 1acre each and the 3rd lot is .62 acres. Property is located just across from active strip mall and large neighborhood! Great location w/lots of possibilities
Active
$325,000
3936 W State Road 47, Sheridan, IN 46069
0beds
--baths
2.62Acres
Unimproved Land
Built in ----
2.62 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 525 days |
- 130 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Paula Hardin 317-840-8310,
Carpenter, REALTORS®
Source: MIBOR as distributed by MLS GRID,MLS#: 21544229
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
Interior area
- Total structure area: 0
Property
Lot
- Size: 2.62 Acres
- Features: Other
- Topography: Level
Details
- Additional parcels included: 290131411002000002,2901314110
- Parcel number: 290131411001000002
- Zoning: C1 Commercial
- Zoning description: Commercial
- Horse amenities: None
Utilities & green energy
- Water: Municipal Water Near By
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Sheridan
Financial & listing details
- Tax assessed value: $48,800
- Annual tax amount: $4,118
- Date on market: 2/11/2025
- Cumulative days on market: 3075 days
- Listing terms: Conventional
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,744/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/29/2026 | Listed for sale | $325,000-7.1% |
Source:  MIBOR as distributed by MLS GRID #21544229 Report a problem | ||
| 10/25/2023 | Listing removed | -- |
Source:  Carpenter Realtors Report a problem | ||
| 2/23/2021 | Price change | $350,000+27.3% |
Source: MIBOR as distributed by MLS GRID #21544229 Report a problem | ||
| 3/14/2018 | Listed for sale | $275,000 |
Source: Carpenter, REALTORS� #21544229 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,098 -21.7% | $48,800 |
| 2024 | $1,402 -5.7% | $48,800 -1.6% |
| 2023 | $1,487 -3.5% | $49,600 |
| 2022 | $1,541 +1.9% | $49,600 |
| 2021 | $1,513 +47.1% | $49,600 |
| 2020 | $1,028 -3.7% | $49,600 +54% |
| 2019 | $1,067 +0.8% | $32,200 |
| 2018 | $1,059 | $32,200 |
| 2017 | -- | $32,200 |
| 2016 | -- | $32,200 |
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: 1.1 mi
- 8/10Sheridan High SchoolGrades: 9-12Distance: 1.1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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