Loan Price
$33,926
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IMAGE
1/2 IMAGE
1/2 $6,000,000
7221 US 31 S Edinburgh, IN 46124
- 19.70 Acres
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Property Description for 7221 US 31 S Edinburgh, IN 46124
EXCEPTIONAL OPPORTUNITY for new commercial development. ACRES: +/- 19.7 Acres (Appx. 400 x 2,270 Ft). IMMEDIATELY ADJACENT NEW DEVELOPMENT: Pending 287 ACRE Residential Development (700 to 900 new homes by DR Horton). ZONING: Pending - Commercial (RB - Roadside Business) Zoning. PERMITTED USES: Retail, Restaurant, Service, Supermarket, Entertainment, Hotel, Office, & much more. PRICE: $6,000,000 --- PRICE/ACRE: Appx. $300k/Acre. FRONTAGE: 2,270 FT along US 31. TRAFFIC: 13,551 VPD - US 31. UTILITIES: Edinburgh and/or DR Horton will bring all utilities Adjacent to Site.
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Address:7221 US 31 S Edinburgh IN 46124
Status:Active
on site: 129 days
Price:$6,000,000
Bathrooms:0
Lot Size:19.70
County: Johnson
Township: Blue River
MLS #:21994122
Property Type:Commercial Land
Lot Dimensions:858132
Road Frontage:Highway
Road Access:Frontage Road
Road Surface:Asphalt
Zoning:RB - Roadside Business
Directions:GPS Friendly
Semi-Annual Property Tax:$761
Tax Year:2023
Mandatory HOA Fee:$
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Listing provided courtesy of Michael Huff with Keller Williams Indy Metro S from MIBOR as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 08/01/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Edinburgh Market Report
153
Avg. DOM
$142.67
Avg. $ / Sq.Ft.
$ 234,950
Med. List Price
The house prices in Edinburgh are not dropping at the moment. There has been a increase in price of $119,762.50. 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 Edinburgh are going Up. The average house price is $249,900.00 and the average price per square feet is $150.04 per square feet. At the moment, the amount of homes listed is exactly 70 houses, with 11 with active status, 7 with pending status and 52 sold in Edinburgh .
The most popular place to buy a home in Edinburgh is 4109 - Johnson - Blue River. 4109 - Johnson - Blue River 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 Edinburgh .
The average amount of property taxes you would have to pay for a home in Edinburgh is $1,518.41. 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 Edinburgh are staying listed for an average of 84 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 Edinburgh was 8919 minutes ago.
At the moment we have 1 open houses that you can visit.
The cost of the most expensive home in Edinburgh is $875,000.00. 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 Edinburgh is $149,900.00 . 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 Edinburgh in year 1896 and the newest built house is in year 2024.
The average size of properties in Edinburgh is 2118.09 sq.ft. , the biggest one being 4828 sq.ft. and the smaller being 1050 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.