Prime 40-Acre Development Opportunity - Rural Sheridan, Indiana | Sheridan School District Welcome to a rare and versatile offering in the heart of Hamilton County-40 scenic acres split between two parcels (5 acres and 35 acres), located in peaceful rural Sheridan, Indiana, and proudly situated within the highly regarded Sheridan Community School Corporation. This expansive tract of land presents incredible potential for development into 10-acre estate lots, ideal for luxury country homes, equestrian estates, or a private family compound. The property features gentle rolling terrain, mature tree lines, and wide-open spaces, creating a tranquil canvas for custom estate living. Highlights: Total of 40 Acres: Two contiguous parcels - one 5-acre lot and one 35-acre lot Zoned for Residential Use (subject to local approvals) Ideal for 10-Acre Estate Lot Subdivision Excellent Road Access and proximity to utilities Located in the Sheridan School District Quick Access to SR-47, US-31, and Westfield/Carmel Amenities Whether you're a developer looking to create high-end rural estates, or a private buyer seeking acreage for your dream home with room to expand, this property checks all the boxes. Properties of this size and flexibility in Sheridan are increasingly rare-don't miss your opportunity to invest in one of Central Indiana's most promising rural communities. Schedule a tour today and explore the possibilities of this unique land opportunity!
Active
$1,400,000
21993 Oak Ridge Rd, Sheridan, IN 46069
--beds
--baths
40Acres
Unimproved Land, Farm
Built in ----
40 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Scenic acresExpansive tract of landWide-open spacesMature tree linesGentle rolling terrainTranquil canvas
- 22 days
- on Zillow |
- 370 |
- 27 |
Zillow last checked: 7 hours ago
Listing updated: April 19, 2025 at 04:04pm
Listing Provided by:
Thomas Colvin thomas.colvin@exprealty.com,
eXp Realty, LLC,
Ashley Colvin,
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22033713

Travel times
Facts & features
Property
Lot
- Size: 40 Acres
- Features: Rectangle, Rural
- Topography: Level
Details
- Additional structures: Other
- Additional parcels included: 290512000002.000001
- Parcel number: 290512000003000001
- Zoning: ag
- Zoning description: Agricultur
- Horse amenities: None
Utilities & green energy
- Sewer: Septic Needed
- Water: No Water, Well Required
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Sheridan
Financial & listing details
- Tax assessed value: $137,800
- Annual tax amount: $1,398
- Date on market: 4/19/2025
- Road surface type: Asphalt
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