5 Fields Road Mooresville, IN $ 700,000
5 Fields Road
$ 700,000
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5 Fields Road

Mooresville, IN, 46158
$ 700,000
Baths0.0

Monthly Estimate*

$ 4,890

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Studio

Commercial Property for sale in Mooresville, IN

for $700,000. This building was built in 1850 on a lot size of 5.42.

4 PARCELS TOTALING 5.423 ACRES. State Road 67 ROAD FRONTAGE with one access drive. There are two homes and two barns on property currently being used as residential. (once a farm) There is another 43 acres behind this property that also has access to Hadley/Johnson Roads that can be purchased with this land if needed. Multiple possibilities with this property that is now listed to sell. For development purposes, there is already Municiple sewer electric, and water lines running along SR67 in front of subject property. There's not a lot of prep work needed to build your business and live in one of the homes...or to use the homes for offices and barns for storage of equipment. Plenty of room to build a new structure or tear down homes and barns for a new large building. Great business location close to a stop light, highway access to both Indy and Bloomington for trucking. Employees would have lunch options with local restaurants or a snack from the gas station. If you're ready to start something new... we think this is a perfect place to begin at an affordable price.

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Commercial Active

Price

$ 700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,848

Style

Mixed Use

Lot Size

5.42

Year Built

1850

Town/City

Mooresville

County/Region

Morgan

MLS | Web ID

21964264

Features
General
Utilities Electricity Connected Sewer Connected Water Connected
Possession Negotiable
Zoning commercial
Garage Spaces 2
Year Built 1850
Township Brown
Levels One and One Half
Property SubType Mixed Use
Tax Year 2023
Current Use Residential
Additional Parcels Description 550231100004000005
County Morgan
New Construction N
Property Type Commercial Sale
Possible Use See Remarks
Status Active
Directions GPS Friendly
High School Mooresville High School
City Mooresville
Buyer Agent Compensation 2.5
View Y/N N
High School District Mooresville Con School Corp
MLS Area 5503 - Morgan - Brown
Lot Size Square Feet 85813
Waterfront Y/N N
Street Name Fields
Elementary School Neil Armstrong Elementary School
Middle/Junior High School Paul Hadley Middle School
Additional Parcels Y/N Y
Days on Market 38
Standard Status Active
Tax Lot 0200231100002000005
Buyer Agent Compensation Type %
Legal Description S31 T14 R2e Pt Nw Ne & Pt E 1/2 Nw 1.97 A
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Exterior
Parking Features Attached
Building Area Total 0
Lot Size Acres 5.42
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Interior
Basement (Y/N) Y
Street Suffix Road
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* Excluded Features
List By
Mathis Real Estate

Broker

janallenmathis@gmail.com

Email

Affordability Calculator

$5,127
Per Month
95%
5%
0%
Monthly Principal & Interest
$4,890
Monthly Property Taxes
$237
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4119697 Elementary School
4051288 Middle School
Mooresville High School High School
Pricing History
DatePricePrice ChangeDescription
3/23/2024$700,000 -12.50% Price Down
2/15/2024$800,000 Listed Price

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5 Fields Road, Mooresville, IN, 46158 is a Commercial Property for sale at $700,000 with a lot size of 5.42. 5 Fields Road is a studio with 0.0 baths and was built in 1850. The property's zip code is 46158 which is in Mooresville, IN