Prime Location, Prime Opportunity: 0.85-Acre Lot for Sale

This 0.85-acre property is located in a coveted I-1 Industrial zone and is conveniently located near top attractions such as the Anderson Speedway, Mounds State Park, and Hoosier Park Racing & Casino. Electricity, city water, and municipal sewer are readily available along the road.

The immediate area offers a variety of local restaurants, shops, and community centers and it’s also surrounded by beautiful scenery and numerous amenities. With a drive time of only 5 minutes to the nearest gas station and 15 minutes to the bustling city of Elwood, you’ll have everything you need at your fingertips.

For outdoor enthusiasts, this property is a dream come true. Spend your days hiking the trails of Mounds State Park, fishing in the nearby White River, or exploring the historic downtown of Anderson. This property has no flood zone or wetlands to worry about. Using of mobile home or living in an RV is not allowed.

Purchasing Options:

Seller Financing: $43,200.00. $4,320.00 down and $787.08 a month for 84 months. The total monthly payment includes: $686.34 of principal & interest, $20.00 loan servicing fee, $80.74 property taxes, and $0.00 HOA dues. There are no prepayment penalties!

** Monthly principal & interest of $686.34 based on a financed purchase price of $43,200.00 less the downpayment of $4,320.00 for a net amount financed of $38,880.00 that is payable over 84 of equal installments with an amortized interest rate of 12%.

Discounted Cash Price: $41,200.00.

Nearby Attractions:

Mounds State Park – Located just a short drive from the property, Mounds State Park is home to several Native American earthworks that are over 2,000 years old. Visitors can hike through the park’s trails, see the historic works of the Adena-Hopewell culture, and enjoy a picnic in the park.

Anderson Speedway – A must-visit destination for racing enthusiasts, Anderson Speedway is a quarter-mile oval track that hosts some of the biggest races in the country. The speedway has been hosting races since 1948 and has earned a reputation as one of the premier short tracks in the nation.

Hoosier Park Racing & Casino – Hoosier Park Racing & Casino is a gaming and entertainment destination that is located just a short drive from the property. The casino features over 2,000 slot machines, table games, and a poker room, while the racing track hosts live horse racing events throughout the year.

Property Details:

NEAREST LARGE CITY: Indianapolis, IN
STATE: Indiana (IN)
COUNTY: Madison
ADDRESS: LINCOLN ST, ANDERSON, IN 46016
SIZE: 0.85 Acres
APN(s): 48-11-13-204-105.000-003 / 48-11-13-204-112.000-003 / 48-11-13-204-118.000-003 / 48-11-13-204-121.000-003 / 0 / 0
GPS COORDINATES: 40.10075468,-85.68524744
PROPERTY ELEVATION: 860 feet above sea level
TAXES: No back taxes, approximately $ 968.92 per year total
HOA Dues: Approximately $0.00 per year total
ACCESS: Paved
ZONING: I-1 Industrial
SEWER: Municipal Sewer
WATER: City Water
DISTANCE TO ELECTRIC: along the road – available
FEMA FLOOD ZONE:
TERRAIN: Level
CONVEYANCE: Special Warranty Deed
TITLE: Free of Liens and Encumbrances
FSL ID: IN-MAD-TS0345