Active
218,366 Lot Size5.01 Acres

51405 Elm Rd, Granger, IN 46530

Est: $6,897/moGet pre-approved
LandProperty Type
5.01 acresLot Size

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.
2 days on Market
  • Listed by: Kerrie Drury • RE/MAX 100 Cell: 574-607-3890
Last updated: 10/06/2026 02:47 AM • Source: Indiana Regional MLS, MLS#: 202641288
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$6,897 per month

30 year fixed, 7.03% Interest

Principal and Interest

$6,673

Property Taxes

$224

HOA Dues

$0

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Property Information for 51405 Elm Road

Property Details

  • Taxes: $2,691 / year
  • MLS Type: Lots & Lands / Residential Land
  • Subdivision: None
  • Waterfront: No

Building Information

  • Lot Size: 5.01 AC

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: $2,691
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2026
  • 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
  • Floor Plans Count: 0.0
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
Oct 5, 2026

Withdrawn

Indiana Regional MLS #202411282

—
Oct 5, 2026

Listed (Active)

Indiana Regional MLS #202641288

$1,250,000—
Apr 5, 2024

Price Change

Indiana Regional MLS #202411282

$1,250,000—
DateEvent & SourcePrice
10/05/2026

Withdrawn

Indiana Regional MLS #202411282

—
10/05/2026

Listed (Active)

Indiana Regional MLS #202641288

$1,250,000
04/05/2024

Price Change

Indiana Regional MLS #202411282

$1,250,000

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

Public Records for 51405 Elm Road

Taxable Value

Land

$80,300

Additions

$246,400
Total$326,700

Tax Record

2024

$2,698 ($225 / month)

Home Facts

Beds

4

Baths

2.5

Total Finished SqFt

1,841 SqFt

Above Grade Finished SqFt

1,841 SqFt

Stories

2

Lot Size

218,366 SqFt

Style

Single Family Residence

Year Built

1971

County

ST. JOSEPH

APN

71-04-14-277-017.000-011

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

51405 Elm Road is a 5.01 ac of land for sale in Granger, IN 46530. This property was listed for sale on October 5, 2026 by RE/MAX 100, it's currently listed at $1,250,000. It has been on the market for a total of 2 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 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 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.