Discover a rare opportunity to secure nearly 35 acres in one of Westfield's most desirable and fast-growing corridors. Located just northwest of 161st Street and Carey Road, this offering includes 28.27 acres of residential land and a highly desirable 6.657-acre commercial parcel zoned SF2, providing exceptional flexibility for elevated residential, commercial, or mixed-use development. Surrounded by affluent neighborhoods-including the prestigious Bridgewater community-the property offers immediate access to Carey Elementary School, Kroger, US-31, and US-32, placing it firmly within Westfield's thriving growth pattern. The residential acreage holds the potential for approximately 38 upscale homes based on prior planning, while the SF2-zoned commercial parcel is ideal for retail, wholesale, merchandising establishments, and professional services that support and enhance the surrounding community. Permitted SF2 uses include single-family dwellings, churches, private schools without dormitories, public parks, accessory buildings, golf courses, fire stations, temporary construction buildings, signs, stables, cemeteries, utilities, child care homes (IC 36-7-4-1108), and residential facilities for the mentally ill (IC 12-28-4-7). With its prestigious location, strong demographics, and versatile zoning, this property stands as a premier development opportunity in one of Indiana's most sought-after markets.
Active
$4,200,000
16405 Carey Rd, Westfield, IN 46074
--beds
--baths
34.92Acres
Unimproved Land, Residential Lots
Built in ----
34.92 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Surrounded by affluent neighborhoods
- 128 days |
- 294 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: January 19, 2026 at 10:49am
Listing Provided by:
Jennil Salazar 317-610-6252,
Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22055814
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 34.92 Acres
- Features: Rectangle
- Topography: Level
Details
- Additional parcels included: 0910060000019.201
- Parcel number: 291007000008000015
- Zoning: Agricultural,Residential
- Zoning description: Agricultur,Commercial
- Horse amenities: None
Utilities & green energy
- Water: Not Applic
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Westfield
Financial & listing details
- Annual tax amount: $1,607
- Date on market: 11/15/2025
- Cumulative days on market: 345 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/15/2025 | Listed for sale | $4,200,000+44.9% |
Source: | ||
| 8/10/2025 | Listing removed | $2,899,000 |
Source: | ||
| 8/8/2025 | Listed for sale | $2,899,000 |
Source: | ||
| 2/14/2025 | Pending sale | $2,899,000 |
Source: | ||
| 7/17/2024 | Listed for sale | $2,899,000+176.1% |
Source: | ||
| 10/6/2022 | Listing removed | -- |
Source: | ||
| 4/18/2022 | Listed for sale | $1,050,000 |
Source: | ||
| 12/6/2021 | Pending sale | $1,050,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Neighborhood: 46074
Nearby schools
GreatSchools rating
- 8/10Carey Ridge Elementary SchoolGrades: PK-4Distance: 0.1 mi
- 9/10Westfield Middle SchoolGrades: 7-8Distance: 2 mi
- 10/10Westfield High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- High: Westfield High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 46074
- Indiana
- Hamilton County
- Westfield
- 46074
- 16405 Carey Rd





