$5,999,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Large 165 Acres with a 50 Acre Lake on it. Former Quarry Includes 3, leased, rental homes on it Will not divide.Large 165 Acres with a 50 Acre Lake on it. Former Quarry Includes 3, leased, rental homes on it Will not divide.
  1. Listed by TED McCLURE • McClure Commercial&Industrial • mcclurecire@cs.com

Property Details for 540 South R 267

Subdivision Name
111 E Washington
Township
Brown
Waterfront
Yes
Zoning
AG
LISTING UPDATED: 08/07/2024 05:38 PM

Property Details for 540 South R 267

StatusActive
MLS #21984283
Days on Market566
Taxes$9,000 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeLand / Commercial Land
Year Built-
Lot Size165.00 AC / 7,187,400 SF
CountyMorgan County

Location

Listing Courtesy of McClure Commercial&Industrial
Add your commute

Building Information for 540 South R 267

Stories-Residences-Year Built-Lot Size165.00 AC / 7,187,400 SF

Payment Calculator

$31,143 per month

30 year fixed, 6.28% Interest

Principal and Interest

$29,643

Property Taxes

$1,500

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 540 South R 267

Summary
Location and General Information
  • City: Mooresville
  • County Or Parish: Morgan
  • Directions: GPS Friendly
  • Postal Code: 46158
  • Road Access: County Rd
  • Road Frontage Type: County Road, Highway
  • State Or Province: IN
  • Topography: Cleared,Flood Way,Level,Pasture
Taxes and HOA Information
  • Parcel Number: 550126200001000004
  • Semi Annual Property Tax Amt: 9000
  • Tax Year: 2022
  • TaxLot: 55-01-26-200-001.000-004
School Information
  • High School: Mooresville High School
  • Middle Or Junior School: Paul Hadley Middle School
  • School District: Mooresville Con School Corp
Property
Lot Information
  • Acreage: >20 Acres
  • Current Use: See Remarks
  • Land Characteristics: Water Acces,Water View
  • Lot Size Square Feet: 7187400.0
  • Lot Size Acres: 165.0
  • New Construction: False
  • Other Structures: Equipment Shed
  • Soil Type: Not Applic
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: NoStatus
  • Divisible: No
  • Legal Subdivision: S26 T14 R1e Pt Nw & Pt Ne 43.2673 A.
  • Photos Count: 4
  • Present Zoning: Agricultur
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • Road Surface Type: Asphalt
  • Type: Agric Land
  • Transaction Type: Sale
Utilities
  • Facilities Near: Not Applicable
  • Facilities On: Cable,Electric,Gas,Sewer,Telephone,Water
  • Sewer: Municipal Sewer On Site
  • Solid Waste: No
  • Water: Municipal Water on Site
Interior and Exterior Features
Exterior Features
  • Horse Amenities: None

Property History for 540 South R 267

DateEvent & SourcePriceAppreciation
Jun 10, 2024

Listed (Active)

MIBORMLS #21984283

$5,999,000
DateEvent & SourcePrice
06/10/2024

Listed (Active)

MIBORMLS #21984283

$5,999,000

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

Schools near 540 South R 267

This home is within Mooresville Con School Corp.
Rating
School
Type
Grades
Distance
Public - K to 7
Public - 9 to 12
Public - 7 to 8
Public - PK to 6
Rating
School
Distance
Northwood Elementary School
PublicK to 7

Mooresville High School
Public9 to 12

Paul Hadley Middle School
Public7 to 8

Newby Memorial Elementary School
PublicPK to 6

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.

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Similar Sold Homes

540 South R 267 is for sale in Mooresville, IN 46158. This property was listed for sale on June 10, 2024 by McClure Commercial&Industrial, it's currently listed at $5,999,000. This listing's school district is Mooresville Con School Corp. Nearby schools include Northwood Elementary School, Mooresville High School and Paul Hadley Middle School. 540 South R 267 is a 0-bed, 0-bath, .

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of McClure Commercial&Industrial

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/28/2025 07:11 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.