Potential development land currently zoned Agricultural just 2 miles northwest of the Indianapolis/Shelbyville Horseshoe Casino Racetrack. 57.87 acres with over 700 feet of frontage on Michigan Road and Interstate 74. Beautifully tree lined on 3 sides with approx 3 acres of woods at back end of property. Existing drainage tile installed years ago that can be expanded or possibly install your own pond on property. Currently planted in corn to be harvested late September or October. New development is being planned at the casino - announcements expected soon.
Active
$1,750,000
5682 N Michigan Rd, Fairland, IN 46126
--beds
--baths
57.87Acres
Unimproved Land, Farm
Built in ----
57.87 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 43 days
- 110
- 4
Zillow last checked:
Listing updated:
Listed by:
Randall Schwier randyschwier@att.net,
Schwier & Co
Source: MIBOR as distributed by MLS GRID,MLS#: 22122467
Facts & features
Property
Lot
- Size: 57.87 Acres
- Features: Corner, Mature Trees, Wooded, See Remarks
- Topography: Level,See Remarks
Details
- Additional structures: Barn(s), See Remarks
- Parcel number: 730603100011000004
- Zoning: Residential/Agricultural
- Zoning description: Agricultur
- Horse amenities: None
Utilities & green energy
- Sewer: See Remarks
- Water: Well Required
Community & HOA
Community
- Subdivision: Farmers Addn
HOA
- Has HOA: No
Location
- Region: Fairland
Financial & listing details
- Annual tax amount: $1,642
- Date on market: 8/26/2026
- Cumulative days on market: 24 days
- Listing terms: See Remarks
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Listed for sale | $1,750,000+305.6% |
Source:  MIBOR as distributed by MLS GRID #22122467 Report a problem | ||
| 12/5/2025 | Sold | $431,500-4.1% |
Source: MIBOR as distributed by MLS GRID #22017103 Report a problem | ||
| 10/15/2025 | Pending sale | $449,900 |
Source: MIBOR as distributed by MLS GRID #22017103 Report a problem | ||
| 10/4/2025 | Listed for sale | $449,900+2.3% |
Source: MIBOR as distributed by MLS GRID #22017103 Report a problem | ||
| 8/9/2025 | Listing removed | $439,900 |
Source: MIBOR as distributed by MLS GRID #22017103 Report a problem | ||
| 6/11/2025 | Price change | $439,900-2.2% |
Source: MIBOR as distributed by MLS GRID #22017103 Report a problem | ||
| 5/18/2025 | Listed for sale | $449,900 |
Source: MIBOR as distributed by MLS GRID #22017103 Report a problem | ||
| 5/2/2025 | Pending sale | $449,900 |
Source: MIBOR as distributed by MLS GRID #22017103 Report a problem | ||
| 3/2/2025 | Listed for sale | $449,900-10% |
Source: MIBOR as distributed by MLS GRID #22017103 Report a problem | ||
| 11/27/2023 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21923419 Report a problem | ||
| 6/13/2023 | Price change | $500,000-4.8% |
Source: MIBOR as distributed by MLS GRID #21923419 Report a problem | ||
| 5/26/2023 | Listed for sale | $525,000+224.1% |
Source: MIBOR as distributed by MLS GRID #21923419 Report a problem | ||
| 1/3/2003 | Sold | $162,000 |
Source: MIBOR as distributed by MLS GRID #2237066 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 46126
Nearby schools
Schools provided by the listing agent
- Elementary: Triton Elementary School
- High: Triton Jr-Sr 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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