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$899,000
22122451 MLS
Rare opportunity to own one of the last large residential investment properties in Greenwood! This approximately 5-acre, flat and usable property offers tremendous potential for builders, developers, and investors. Conveniently located approximately 20 minutes south of Downtown Indianapolis and just minutes from I-65, major shopping, parks, and highly rated Greenwood schools. The property is directly across from Greenwood Middle School and approximately half a mile from Greenwood High School and Freedom Park. Major utilities, including gas, electric, water, and sewer, are located along Averitt Road. Previous development plans outlined 13-20 duplexes, offering the potential for 26-40 total units subject to zoning and governmental approvals. The property also offers flexibility for custom home development, with potential lot sizes ranging from approximately 1/4-acre lots to larger estate-sized parcels. Currently on the property is an approximately 4,300-square-foot, 11/2-story home featuring 5 bedrooms, 3 bathrooms, 2 fireplaces, gas forced air, and central A/C. Additional improvements include an approximately 2,500-square-foot pole building, a 900-square-foot red barn, and a pool in need of improvements.

1301 Averitt Road, Greenwood

$150,000
22112954 MLS
Rare 1.41-Acre Urban Oasis in Old Town Greenwood! An absolute unicorn of a property has hit the Greenwood market! Vacant land in this historic footprint is incredibly rare, and finding a parcel of this size is a once-in-a-lifetime opportunity. Boasting a total of 1.41 acres, this expansive property offers a perfect blend of cleared utility and private, wooded tranquility-all within easy walking distance of the absolute best that Old Town Greenwood has to offer. The front is fully secured by a 6-foot chain link fence with an access gate. Lined entirely by stunning mature trees, this section provides excellent privacy from the street and serves as a perfect gateway to the rest of the acreage. The rear portion of the property is a dense, scenic wooded retreat. It's your own private state-park experience right in your backyard. You simply cannot beat this location. Leave your car at home and take a short walk to: Greenwood Amphitheater & Craig Park (for summer concerts and community events), Old City Park & Northeast Park, Greenwood Community Center, and Old Town Greenwood Shops & Dining. Whether you are looking to build a custom dream home with unparalleled acreage in the heart of the city, or exploring a rare infill development opportunity, this parcel is a blank canvas waiting for your vision. Properties like this do not wait around-secure your piece of Old Town Greenwood today!

200 Academy Street, Greenwood

$300,000
22101440 MLS
Discover a truly one-of-a-kind opportunity in the heart of Center Grove! Situated on 7.784 scenic acres along Old State Road 37, this unique property offers endless potential with a blend of character, functionality, and natural beauty. The property features a historic barn constructed from 1890 boxcars, adding distinctive charm and a rare conversation piece you won't find elsewhere. Enjoy entertaining in the large screened-in pavilion complete with bar area offering the perfect setting for gatherings, cookouts, celebrations, family reunions, or relaxing evenings surrounded by nature. The land offers a picturesque setting with mature trees, a pond with gazebo, open green space, and multiple outbuildings including a small barn, shed, and additional storage structure. The front of the property is lined with black fencing, creating an attractive entrance and added privacy. Potential commercial zoning opportunities may also exist, offering even more possibilities for future use or investment. A rare chance to own acreage in a prime Center Grove location with character, versatility, and room to bring your vision to life!

2021 Old State Road 37, Greenwood

$645,000
22058907 MLS
Exclusive Estate Opportunity in Gated Wooded Enclave - 10 Acres in White River Township Discover a rare opportunity to build your dream residence on one of only three estate lots in an intimate gated enclave, nestled in the heart of the Center Grove area. This expansive, wooded property spans over 10 acres, offering a serene and private setting ideal for a custom home that blends seamlessly into nature. With mature trees surrounding the homesite, your future estate will enjoy both seclusion and timeless natural beauty. A private drive and shared entry gate add an extra layer of exclusivity and security. While there is no HOA, thoughtful covenants and restrictions help preserve the character and quality of this one-of-a-kind community. Situated along a key thoroughfare with quick access to Bargersville, Center Grove schools, local dining, shopping, and the interstate, this location offers the perfect balance of convenience and prestige. Duke Homes, known for crafting high quality custom homes, is the exclusive builder for this estate. The property requires a septic system for future construction, other utilities are at the site. A gas pipeline easement runs along the western edge. This is your chance to secure a legacy property in a premier location.

5830 W STATE RD 144, Greenwood

$199,000
22024479 MLS
A rare opportunity to build a four-unit single-family attached building in the desirable Pleasant Creek Estates community, located within Center Grove Schools. This is approved for a fourplex layout and ready for a buyer with a vision. Bring your own builder or partner with IHR Builders-restrictions and architectural guidelines apply to maintain consistency with the surrounding attached homes. Residents enjoy direct access to the City of Greenwood Trail System, offering scenic paths to nearby parks and a tranquil nature preserve with a pond. 1117 Easy Street is part of a well-planned residential project featuring brick exterior units, all-electric systems, and access to low-cost HOA amenities. The HOA covers all exterior maintenance, including roof, windows, siding, lawn care, snow removal, water, trash, and upkeep of common areas. Only utility paid by future homeowners is electricity. Additional features in the community include gated entry and some of the lowest HOA fees in Greenwood. Whether for long-term investment or a new construction project with excellent ROI potential, this parcel offers flexibility and value in one of Johnson County's fastest-growing areas.

1117 Easy Street, Greenwood

$130,000
22054783 MLS
This is a walk-out basement lot! Exceptional opportunity to build your dream home in the prestigious Kensington Grove community, where you can choose from one of ten preferred luxury builders. Ideally positioned across from the high school, this lot is one of the best available in the neighborhood for a walkout basement. Located in the desirable Greenwood/Center Grove area-just 20 minutes from both downtown Indianapolis and the airport-this is the ideal spot to build your custom dream home in one of the area's most sought-after neighborhoods. Price is negotiable with a reasonable offer! Current owner has architectural plans to construct new home that would offer over 3000 sq ft ranch with a walkout basement and a 4 car garage. If desired, buyer will have 5 days to review plans once offer is accepted.

5051 Nottinghill Court, Greenwood

$299,000
22023972 MLS
A rare opportunity to build a six-unit single-family attached building in the desirable Pleasant Creek Estates community, located within Center Grove Schools. This is approved for a sixplex layout and ready for a buyer with a vision. Bring your own builder or partner with IHR Builders-restrictions and architectural guidelines apply to maintain consistency with the surrounding attached homes. Residents enjoy direct access to the City of Greenwood Trail System, offering scenic paths to nearby parks and a tranquil nature preserve with a pond. 1188 Easy Street is part of a well-planned residential project featuring brick exterior units, all-electric systems, and access to low-cost HOA amenities. The HOA covers all exterior maintenance, including roof, windows, siding, lawn care, snow removal, water, trash, and upkeep of common areas. Only utility paid by future homeowners is electricity. Additional features in the community include gated entry and some of the lowest HOA fees in Greenwood. Whether for long-term investment or a new construction project with excellent ROI potential, this parcel offers flexibility and value in one of Johnson County's fastest-growing areas.

1188 Easy Street, Greenwood

$551,500
21936654 MLS
BRING YOUR OWN BUILDER and create the custom home you've always envisioned on this exceptional 5.97-acre homesite. Nestled in a highly sought-after location within the award-winning Center Grove School District, this remarkable property offers the perfect blend of privacy, natural beauty, and everyday convenience. Surrounded by gently rolling hills, mature trees, and abundant wildlife, the setting provides a peaceful retreat while remaining just minutes from shopping, dining, and major roadways. Whether you're dreaming of a luxury estate, a private retreat, or a forever home, this picturesque property offers the space and flexibility to bring your vision to life. The lot is septic-approved and ready for construction, with utilities and high-speed fiber optic internet available at the road, making the building process even more convenient. Opportunities to own nearly six acres in this premier location are increasingly rare. Don't miss your chance to design and build a one-of-a-kind residence where luxury, comfort, and the beauty of nature come together in an extraordinary setting.

6684 Travis Road, Greenwood

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.