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E. State Road 38 & Oak Ridge Road Rd
Sheridan, IN 46069
65+ Acres E. SR 38 & Oak Ridge Road, Sheridan · Land For Sale · 65.00 AC

Investment Highlights

  • 2 Parcels consisting of ~65 AC for Development (North Parcel-26.69 AC & South Parcel-39.15 AC)
  • Directly on SR 38

Executive Summary

2 Parcels consisting of ~65 AC for Development:
North Parcel -26.69 AC Zoned A2 - Rural-General Agriculture, located in Town of Sheridan
South Parcel - 39.15 AC Zoned AG-SF1, located in unincorporated

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 65.00 AC
Zoning A2 & AG-SF1 - North Parcel: A2-Rural-General Agriculture (located in Town of Sheridan) South Parcel: AG-SF1 (located in unincorporated)

1 Lot Available

Lot

Lot Size 65.00 AC

North Parcel - 26.69 acres South Parcel - 39.15 acres

Description

Rare 65.84± acre land offering positioned along the SR 38 corridor near the emerging northern Westfield / Hortonville growth area. The property consists of two parcels— one within the Town of Sheridan and one within Westfield Washington Township / Westfield Washington Schools—creating a unique opportunity for developers, builders, and investors to evaluate multiple land use strategies across a highly strategic location. Located near major regional amenities and growth drivers including Grand Park, Chatham Hills, SKYLAKE Adventures, Downtown Westfield, Downtown Sheridan, Downtown Cicero, US 31, SR 32, and Community Health’s new Westfield campus, the site sits in the path of continued Hamilton County expansion. The nearby transformative Ironstone PUD, a 765—acre master-planned community expected to shape the development pattern of northern Westfield, further reinforces the area’s long-term trajectory. This project is expected to bring a large-scale residential and mixed-use vision to Hortonville with homes, townhomes, trails, parks, open space, and a village-oriented commercial node. 40 acres have been gifted to the City of Westfield. With meaningful frontage along SR 38, proximity to established and emerging residential communities, and access to a rapidly evolving regional amenity base, the subject property offers the marketplace a compelling opportunity to participate in one of Hamilton County’s major growth corridors.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 29-05-14-000-011.000-014
  • 29-05-11-000-015.000-001
Land Assessment
$96,700
Improvements Assessment
$4,500
Total Assessment
$101,200
  • Listing ID: 41508224

  • Date on Market: 7/31/2026

  • Last Updated:

  • Address: E. State Road 38 & Oak Ridge Road Rd, Sheridan, IN 46069

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