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$2,841,380

2 N S R 39 Road Monrovia, IN  46157

  • 16.71 Acres

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Property Description for 2 N S R 39 Road Monrovia, IN 46157

PRIME DEVELOPMENT OPPORTUNITY!! Have you been looking for a new location for your commercial/PUD investment? Fantastic opportunity in a highly visible location at this 16.71 acres of land that is zoned commercial! Lot is in a prime location on Sate Road 39 just minutes from I-70 and the town of Monrovia ready for development. The property features approximately 1328 ft of road frontage for a future building site!

Address:2 N S R 39 Road Monrovia IN 46157
Status:Active
on site: 261 days
Price:$2,841,380
Bathrooms:0
Lot Size:16.71
County: Morgan County
Township: Monroe
School System : Monroe-Gregg
MLS #:202409757
Property Type:Commercial Land

Lot Dimensions:567x1268x544x1328
Directions:West side of State Rd 39, between SR 42 and I-70

Loan Price
$16,326
Price And Interest $14,822/month
Property Tax $320/month
MTG INS $0/month
HOME INS $1,184/month
Price
$2,841,380
Down Payment %
0 %
Down Payment
$0
Property Taxes
$320/month
Home Owner Insurance
$14,208 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$1,921
Tax Year:2023
Mandatory HOA Fee:$

Subdivision: None
Zip Code:46157

School System:Monroe-Gregg
High School:Monrovia
Middle School:Monrovia
Elementary School:Monrovia

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Pamela Prough with Carpenter Realtors Mooresville

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Monrovia Market Report

83
Avg. DOM
$184.21
Avg. $ / Sq.Ft.
$ 290,633
Med. List Price

The house prices in Monrovia are not dropping at the moment. There has been a increase in price of $33,497.18. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Monrovia are going Up. The average house price is $294,722.50 and the average price per square feet is $184.38 per square feet. At the moment, the amount of homes listed is exactly 102 houses, with 24 with active status, 16 with pending status and 62 sold in Monrovia .

The most popular place to buy a home in Monrovia is 5502 - Morgan - Monroe. 5502 - Morgan - Monroe is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Monrovia .

The average amount of property taxes you would have to pay for a home in Monrovia is $1,228.79. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Monrovia are staying listed for an average of 88 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Monrovia was 8319 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Monrovia is $615,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Monrovia is $239,999.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Monrovia in year 1947 and the newest built house is in year 2024.

The average size of properties in Monrovia is 1915 sq.ft. , the biggest one being 2826 sq.ft. and the smaller being 975 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.