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.
Active
$1,245,000
51405 Elm Rd, Granger, IN 46530
--beds
--baths
5.01Acres
Residential Land
Built in ----
5.01 Acres Lot
$322,500 Zestimate®
$--/sqft
$-- HOA
What's special
- 861 days |
- 113 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Kerrie Drury Cell:574-607-3890,
RE/MAX 100
Source: IRMLS,MLS#: 202411282
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: $326,700
- Annual tax amount: $4,618
- Date on market: 4/5/2024
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$322,500
$248,000 - $400,000
$2,088/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/12/2025 | Price change | $1,245,000-0.4% |
Source:  IRMLS #202411282 Report a problem | ||
| 4/5/2024 | Listed for sale | $1,250,000 |
Source: IRMLS #202411282 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,629 +16.4% | $326,700 +13.3% |
| 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% |
| 2021 | $2,114 +69.5% | $236,700 +7.2% |
| 2020 | $1,248 -0.1% | $220,900 +49% |
| 2019 | $1,249 -8.3% | $148,300 -0.8% |
| 2018 | $1,362 -14.5% | $149,500 |
| 2017 | $1,593 -1.5% | $149,500 -5% |
| 2016 | $1,617 -3.5% | $157,400 -3.6% |
| 2014 | $1,676 -5.2% | $163,200 |
| 2013 | $1,769 +1.7% | $163,200 -1.6% |
| 2012 | $1,740 -8.7% | $165,800 -7.1% |
| 2011 | $1,905 +4.8% | $178,400 |
| 2010 | $1,817 -15.7% | $178,400 -7.1% |
| 2009 | $2,156 | $192,100 +6.4% |
| 2007 | -- | $180,500 -34.2% |
| 2006 | $2,456 +14.1% | $274,200 |
| 2004 | $2,153 0% | $274,200 -21.4% |
| 2003 | $2,153 | $348,780 +1303% |
| 2001 | -- | $24,860 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 46530
Nearby schools
GreatSchools rating
- 9/10Northpoint Elementary SchoolGrades: K-5Distance: 1.1 mi
- 10/10Discovery Middle SchoolGrades: 6-8Distance: 4.1 mi
- 10/10Penn High SchoolGrades: 9-12Distance: 5 mi
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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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