.49 acre lot on the SE corner of State Highway 135 and Stones Crossing Road, zoned CM including multi-family, condos, apartments, retail, offices, overnight lodging, medical, restaurant, day care, mixed-use, and more. Lot could potentially accommodate up to an approximately 40,000 square foot, four story building with a ground floor parking garage with 37 parking spaces. Entrance to building could utilize the existing two curb cuts on to Stones Crossing Road and pavement. All utilities available within a few feet including 12,600 volt three phase electrical, 12 inch water main with 70 psi., high pressure 4 inch natural gas main, municipal sewer, and several different fiber services. Property is currently served by Bargersville water, Duke Energy, and Center Point Natural Gas, Both ends of property is served by two municipal storm water drains maintained by INDOT. Rapidly growing Center Grove area, located on the new East/West Highway crossing the county. Seven acres of additional vacant land currently available with the same zoning. There will soon be ten restaurants within walking distance of 1771. The newest restaurants will be Bruburger, Stone Creek Dining, and Fujiyama. A new entertainment center, Slick City , and a new car wash, Crew, will open soon. Two liquor licenses are available. The new water tower is now finished offering a boost to the water pressure. The average worth of homes in the immediate area has increased 9.5 percent in the last year to $426,557. New roundabout to the East in now open. The third new bank has now opened, all three are within view of 1771. Average household income within of $135,000 within a mile radius. Phase two of the East/West Highway which connects Interstate 65 to US Highway 31 to State Road 135 to the new Interstate 69 has increased traffic flow on the Stones Crossing Road segment. The daily traffic count by 1771 in 2019 was 6,240, much higher now. The daily traffic count on State Road 135 in 2022 was 30,048. The fourth senior housing complex now opened also within view of 1771. A few thousand feet to the south construction to begin this year on Advenir's 77 acre Center Grove Park, consisting of 150K sq.ft. commercial office and retail, 250 1 to 3 bedroom apts., 325 single family homes. A few thousand feet to the SE Lennar Homes will build 380 $500K to $600K homes.
For sale by owner
$575,000
1771 W Stones Crossing Rd, Greenwood, IN 46143
2beds
1,268sqft
Est.:
SingleFamily
Built in 1958
0.48 Acres Lot
$-- Zestimate®
$453/sqft
$-- HOA
Overview
What the owner loves about this home
COMMERCIAL LOCATION, LOCATION, LOCATION, while still remaining as a good residential home with home occupation possibilities and excellent neighbors. Getting busier during the day but still quiet in the evening. Emergency services less than five minutes away. Center of Indianapolis ( Monument Circle ) is thirteen miles due north. Center Grove School System is outstanding. Adjacent land sold for $ 825,000 per acre in 2018.
- 4 days
- on Zillow |
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Listed by:
(317) 242-8615
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air, Gas, Solar
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Carpet, Linoleum / Vinyl
- Basement: None
Interior area
- Total interior livable area: 1,268 sqft
Property
Parking
- Total spaces: 7
- Parking features: Carport, Garage - Attached, Off-street
Features
- Exterior features: Shingle, Stone, Wood, Metal
Lot
- Size: 0.48 Acres
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Shake / Shingle
Condition
- New construction: No
- Year built: 1958
Community & HOA
Location
- Region: Greenwood
Financial & listing details
- Price per square foot: $453/sqft
- Date on market: 4/22/2025
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