51405 Elm Rd

218,366 / 5.01
Lot Size / Acres

Description

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....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.
  1. Listed by Kerrie Drury • RE/MAX 100 • Cell: 574-607-3890

Property Details for 51405 Elm Road

Subdivision
None
Waterfront
No
LISTING UPDATED: 11/28/2025 09:18 PM

Property Details for 51405 Elm Road

StatusActive
MLS #202411282
Days on Market673
Taxes$4,618 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Lands / Residential Land
Year Built-
Lot Size5.01 AC
CountySt. Joseph County

Location

Listing Courtesy of RE/MAX 100
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Building Information for 51405 Elm Road

Building Size-Lot Size5.01 AC

Payment Calculator

$6,453 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,068

Property Taxes

$385

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 51405 Elm Road

Summary
Location and General Information
  • Area: St. Joseph County
  • City: Granger
  • Zip + 4: 8640
  • Zip Code: 46530
  • State: IN
  • Township: Harris
  • Geo Latitude: 42
  • Geo Longitude: -86
  • Road Access: County
  • Fips Code: 18141
  • Directions To Property: St Rd 23 to Elm, north on Elm; house is on the left, across from the Library
  • Road Frontage: County
Taxes and HOA
  • Parcel Description: Level, 3-5.9999
  • Annual Taxes: $4,618
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2023
  • Parcel Number Id: 71-04-14-277-017.000-011
School Information
  • School District: Penn-Harris-Madison School Corp.
  • Elementary: Northpoint
  • Middle School: Discovery
  • High School: Penn
Property
Lot Information
  • Class: LOTS AND LAND
  • Property Subtype: Residential Land
  • Approx Lot Size Acres: 5.01
  • Lot Dimensions: 330x661
  • Approx Lot Size Sqft: 218366.0
Property and Assessments
  • Can Property Be Divided?: Yes
  • Curb: No
  • Documents Available: Plat Map, Aerial Photo, Legal Description
  • Easements: Yes
  • Planned Unit Development: No
  • Platted Development: No
  • Structure/Building Improvements: Yes
  • Type Use: Residential
Utilities
  • Electricity Type: Available
  • Fuel Type: Electric, Gas
  • Sewer Type: Septic
  • Water Utility: Private, Well
Interior and Exterior Features
Exterior Features
  • Platted: Yes
  • Rail Siding: No
  • Road Surface: Paved
Rental
Rental Information
  • Leased Acres: No

Property History for 51405 Elm Road

DateEvent & SourcePriceAppreciation
Apr 5, 2024

Price Change

Indiana Regional MLS #202411282

$1,250,000
Apr 5, 2024

Listed (Active)

Indiana Regional MLS #202411282

$1,245,000
Jul 30, 2003

Sold

Indiana Regional MLS #660207

$225,000
Jun 5, 2003

Pending

Indiana Regional MLS #660207

May 16, 2003

Expired

Indiana Regional MLS #617757

May 16, 2003

Listed (Active)

Indiana Regional MLS #660207

$237,900
Dec 13, 2002

Listed (Active)

Indiana Regional MLS #617757

$237,900
Dec 11, 2002

Expired

Indiana Regional MLS #617768

Jun 11, 2002

Listed (Active)

Indiana Regional MLS #617768

$239,500
DateEvent & SourcePrice
04/05/2024

Price Change

Indiana Regional MLS #202411282

$1,250,000
04/05/2024

Listed (Active)

Indiana Regional MLS #202411282

$1,245,000
07/30/2003

Sold

Indiana Regional MLS #660207

$225,000
06/05/2003

Pending

Indiana Regional MLS #660207

05/16/2003

Expired

Indiana Regional MLS #617757

05/16/2003

Listed (Active)

Indiana Regional MLS #660207

$237,900
12/13/2002

Listed (Active)

Indiana Regional MLS #617757

$237,900
12/11/2002

Expired

Indiana Regional MLS #617768

06/11/2002

Listed (Active)

Indiana Regional MLS #617768

$239,500

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

Public Records for 51405 Elm Road

Taxable ValueLand$80,800Additions$207,500Total$288,300
Tax Record2024$2,698 ($225 / month)
Home Facts
Beds4Baths2.5Total Finished SqFt1,841 SqFtAbove Grade Finished SqFt1,841 SqFtStories2Lot Size218,366 SqFtStyleSingle Family ResidenceYear Built1971CountyST. JOSEPHAPN71-04-14-277-017.000-011

Schools near 51405 Elm Road

This home is within Penn-Harris-Madison Sch Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Northpoint Elementary School
PublicK to 5

Discovery Middle School
Public6 to 8

Penn High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

51405 Elm Road is a 5.01 ac of land for sale in Granger, IN 46530. This property was listed for sale on April 5, 2024 by RE/MAX 100, it's currently listed at $1,245,000. It has been on the market for a total of 673 days and was last sold on July 30, 2003. This listing's school district is Penn-Harris-Madison Sch Corp. Nearby schools include Northpoint Elementary School, Discovery Middle School and Penn High School. 51405 Elm Road is a 0-bed, 0.5-bath, 5.01 ac of land on a 218,366 sq. ft. / 5.01 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX 100

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.