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Sold
  • $1,275,000

    21993 Oak Ridge Rd, Sheridan, IN 46069

    --beds
    --baths
    40Acres
    Unimproved Land, Farm
    Built in ----
    40 Acres Lot
    $780,000 Zestimate®
    $--/sqft
    $1,742 Estimated rent

    Home value

    $780,000

    $476,000 - $1.14M

    $1,742/mo

    Zestimate® history
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    $7,682/mo

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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: December 03, 2025 at 06:09am

    Listing Provided by:

    Thomas Colvin 317-902-2315,

    eXp Realty, LLC,

    Ashley Colvin,

    eXp Realty, LLC

    Bought with:

    Prakash Alluri

    Trueblood Real Estate

    Source: MIBOR as distributed by MLS GRID,MLS#: 22033713MLS Logo

    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
    • Special conditions: None
    • Horse amenities: None

    Utilities & green energy

    • Sewer: Septic Needed
    • Water: None, Well Required

    Community & neighborhood

    Location
    • Region: Sheridan
    • Subdivision: No Subdivision

    Other

    Other facts
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    12/1/2025Sold$1,275,000-8.9%
    Source: MIBOR as distributed by MLS GRID #22033713
    5/15/2025Pending sale$1,400,000
    Source: MIBOR as distributed by MLS GRID #22033713
    4/19/2025Listed for sale$1,400,000
    Source: MIBOR as distributed by MLS GRID #22033713

    Public tax history

    YearProperty taxesTax assessment
    2024$1,219 -1.6%$137,800 +2.9%
    2023$1,239 +2.7%$133,900 +4.4%
    2022$1,206 +0.2%$128,300 +3.9%

    Find assessor info on the county website

    Neighborhood: 46069

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Sheridan Elementary School
    • Middle: Sheridan Middle School
    • High: Sheridan 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.