0 S State Road 109

Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Approximately 25 Acres Of Versatile Land - Knightstown, Indiana (I-70 Exit 115)... Approximately 25 Acres Of Open Farmland Positioned Directly Behind The Loves Travel Stop And Just Off The Interstate 70 Knightstown Exit (Exit 115). This Tract Is Part Of A Larger Group Of Properties Owned By The Seller; However, Only This Specific Lot Is Being Offered For Sale. The Land Currently Holds Agricultural Zoning But Offers Strong Potential For Commercial Conversion, Given Its Strategic Location, Existing...Approximately 25 Acres Of Versatile Land - Knightstown, Indiana (I-70 Exit 115)... Approximately 25 Acres Of Open Farmland Positioned Directly Behind The Loves Travel Stop And Just Off The Interstate 70 Knightstown Exit (Exit 115). This Tract Is Part Of A Larger Group Of Properties Owned By The Seller; However, Only This Specific Lot Is Being Offered For Sale. The Land Currently Holds Agricultural Zoning But Offers Strong Potential For Commercial Conversion, Given Its Strategic Location, Existing Traffic Flow, And Proximity To Established Travel-Oriented Businesses. A Portion Of The Property Lies Near The Floodway And Partially Within A Flood Zone, Making It Well-Suited For Uses Such As Agriculture, Solar Farms, Trailer Storage, Outdoor Recreation, Camping, Or Other Low-impact, Flexible-Use Concepts. Higher-elevation areas provide additional placement options depending on desired development. Two Recorded Easements, Set As Deed Restrictions On The Loves Travel Center, Provide Dedicated Access From State Road 109, Increasing The Property's Utility And Keeping Access Costs Low. Utilities Will Require Installation Of A Septic System And Well, If Desired. Seller Willing To Subdivide For Multiple Buyers. Located Near The New Henry County Community Health Facility And Within A Rapidly Developing Commercial Corridor Along I-70. This Property Offers Rare Scale, Immediate Interstate Connectivity, And Strong Long-Term Investment Potential For Developers, Investors, And Users Seeking Affordable Land With Flexible-Use Options. Taxes Are NOT Accurate.
  1. Listed by Albert Stancato • Highgarden Real Estate
    P: (317)-205-4320 astancato@highgarden.com

Property Details for 0 South State Road 109

Subdivision Name
No Subdivision
Township
Wayne
Zoning
Agricultural
LISTING UPDATED: 12/03/2025 11:58 AM

Property Details for 0 South State Road 109

StatusActive
MLS #22073584
Days on Market245
Taxes$253 semi-annually
HOA Fees-
Condo/Co-op Fees-
Property Type-
MLS Type-
Year Built-
Lot Size25.00 AC / 1,089,000 SF
CountyHenry County

Location

Listing Courtesy of Highgarden Real Estate

Building Information for 0 South State Road 109

Stories-Residences-Year Built-Lot Size25.00 AC / 1,089,000 SF

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Property Information for 0 South State Road 109

Summary
Location and General Information
  • City: Knightstown
  • County Or Parish: Henry
  • Directions: GPS Friendly
  • Postal Code: 46148
  • Road Access: See Remarks
  • Road Frontage Type: State Road
  • State Or Province: IN
  • Topography: Cleared,Flood Plain Partial,Flood Way,Sloping,See Remarks
Taxes and HOA Information
  • Parcel Number: 331608000305000029
  • Semi Annual Property Tax Amt: 253
  • Tax Year: 2024
  • Additional Parcels Description: 33-16-08-000-305.000-029 - See Remarks
  • TaxLot: 33-16-08-000-305.000-029
School Information
  • Elementary School: Tri-Elementary School
  • High School: Tri Junior-Senior High School
  • School District: South Henry School Corp
Property
Lot Information
  • Acreage: >20 Acres
  • Current Use: Agricultural
  • Land Characteristics: Irregular Lot,See Remarks
  • Lot Description: See Remarks
  • Lot Size Square Feet: 1089000.0
  • Lot Size Acres: 25.0
  • New Construction: False
  • Number Of Lots: 2
  • Other Structures: Not Applicable
  • Soil Type: Not Applic
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: Easements, Zoning Change Required
  • Divisible: Yes
  • DPRYN: No
  • Legal Subdivision: Pt Sw1/4 8-16-9 12A & 4.50A (Total 16.50A)
  • Photos Count: 4
  • Present Zoning: Agricultur
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Road Surface Type: See Remarks
  • Type: Agric Land
  • Transaction Type: Sale
Utilities
  • Facilities Near: Electric
  • Facilities On: None
  • Sewer: Septic Needed
  • Solid Waste: No
  • Water: Well Required
Interior and Exterior Features
Exterior Features
  • Horse Amenities: None
  • Fencing: Chain Link

Property History for 0 South State Road 109

DateEvent & SourcePriceAppreciation
May 27, 2026

Withdrawn

MIBORMLS #22098175

Apr 27, 2026

Listed (Active)

MIBORMLS #22098175

$732,178
Nov 14, 2025

Listed (Active)

MIBORMLS #22073598

$2,625,000
DateEvent & SourcePrice
05/27/2026

Withdrawn

MIBORMLS #22098175

04/27/2026

Listed (Active)

MIBORMLS #22098175

$732,178
11/14/2025

Listed (Active)

MIBORMLS #22073598

$2,625,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

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0 South State Road 109 is for sale in Knightstown, IN 46148. This property was listed for sale on November 14, 2025 by Highgarden Real Estate, it's currently listed at $1,125,000. 0 South State Road 109 is a 0-bed, 0-bath, .

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Highgarden Real Estate

Based on information submitted to the MLS GRID as of 12/03/2025 11:58 AM. All data is obtained from various sources and may not have been verified by broker or 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.