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  • Price cut: $5K (11/12)
    $1,245,000

    51405 Elm Rd, Granger, IN 46530

    --beds
    --baths
    5.01Acres
    Residential Land
    Built in ----
    5.01 Acres Lot
    $281,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    PRIME LOCATION: Discover this remarkable investment or development opportunity on Elm Road on 5 +/- acres. Located directly across from Harris Branch Library (P-H-M) and just a short walk to Harris Township Park and Granger Paths walking/biking trail, this property offers limitless potential for residential or commercial development. While there is currently a house and barn on property, the value is in the land. Property is sold as-is. The seller will not pay for demolition, repairs, or permits. Currently zoned Residential.
    634 days
    |
    104
    |
    1
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 28, 2025 at 01:18pm

    Listed by:

    Kerrie Drury Cell:574-607-3890,

    RE/MAX 100

    Source: IRMLS,MLS#: 202411282MLS Logo

    Facts & features

    Interior

    Video & virtual tour

    Property

    Lot
    • Size: 5.01 Acres
    • Dimensions: 330x661
    • Features: Level, 3-5.9999
    Details
    • Parcel number: 710414277017.000011

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Private, Well
    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Granger

    Financial & listing details

    • Tax assessed value: $288,300
    • Annual tax amount: $4,618
    • Date on market: 4/5/2024
    • Electric utility on property: Yes
    • Road surface type: Paved

    Estimated market value

    $281,700

    $211,000 - $355,000

    $2,088/mo

    Price history

    Price history
    DateEventPrice
    11/12/2025Price change$1,245,000-0.4%
    Source: IRMLS #202411282 Report a problem
    4/5/2024Listed for sale$1,250,000+455.6%
    Source: IRMLS #202411282 Report a problem
    7/30/2003Sold$225,000
    Source: IRMLS #660207 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$2,259 -51.1%$288,300 +11%
    2023$4,618 +96.9%$259,800 +0.3%
    2022$2,346 +11%$259,100 +9.5%

    Find assessor info on the county website

    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.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 46530

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Northpoint
    • Middle: Discovery
    • High: Penn
    • District: Penn-Harris-Madison School Corp.

    Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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