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For sale by owner
  • $575,000

    1771 W Stones Crossing Rd, Greenwood, IN 46143

    2beds
    1,268sqft
    : 
    SingleFamily
    Built in 1958
    0.48 Acres Lot
    $-- Zestimate®
    $453/sqft
    $-- HOA

    Overview

    .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.
    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.
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    Listed by:

    (317) 242-8615

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
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    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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