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- LoopNet Team
2625 N Hurricane Rd
Franklin, IN 46131
Land For Sale
·
40.00 AC
Investment Highlights
- Fantastic location overlooking Legends of Indiana Golf Facility
Property Facts
| Property Type | Land | Total Lot Size | 40.00 AC |
| Property Subtype | Residential | No. Stories | 1 |
| Proposed Use | Single Family Development | Tenancy | Single |
| Zoning | PUD - This property is approved as a PUD which has City approval to develope with a mixture of housing, see attached PUD plan | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 40.00 AC |
| No. Stories | 1 |
| Tenancy | Single |
| Zoning | PUD - This property is approved as a PUD which has City approval to develope with a mixture of housing, see attached PUD plan |
Description
See attachments for both the approved 80 to 90 lot single family home development and a concept plan to change to a 13-lot development for large lot development with several lots over 2 acres. Current owners have done a lot of planning and pricing to develop this property. Document downloads include a large amount of data and planning done by Crossroads Engineering and several documents already have City of Franklin Approvals. Just to the west of this development is a new 300 plus lot DR Horton addition which has just begun to build homes. The current owners have received a lot of interest in lots at this location, but feel it may be time to offer to let someone with a lot of development experience or a long-term investor or 1031 buyer the opportunity to join in taking this forward. The Sellers are available for discussions and meetings to review all information.
Property Taxes
| Parcel Number | 41-08-01-042-003.003-018 | Improvements Assessment | $108,000 |
| Land Assessment | $184,000 | Total Assessment | $292,000 |
Property Taxes
