Description
Investment Opportunity with Current Aggregate Zoning & Future Residential Potential Located in highly desirable Hamilton County, this 15.5 acre property offers a rare blend of immediate income potential and long-term development upside. Positioned along the scenic White River with over 1,500 feet of road frontage, the tract combines accessibility, natural beauty, and strong future value in one of Central Indiana's fastest-growing markets. Currently zoned for a gravel pit through September 2026, the property presents a unique opportunity for investors or operators looking to capitalize on remaining aggregate resources. Significant material remains on site, creating near-term extraction potential while holding strong long-range appeal as a residential or estate-style property once zoning reverts. The White River frontage adds recreational and aesthetic value rarely found in Hamilton County parcels of this size, making it attractive for future homesites, outdoor enthusiasts, or buyers seeking a strategic land hold in a premium location. With annual property taxes of approximately $1,300, the carrying costs remain low relative to the flexibility and upside this property offers. Property Highlights 15.5 acres in Hamilton County, Indiana White River frontage with scenic natural setting Over 1,500 feet of road frontage for excellent access and visibility Zoned for gravel pit use until September 2026 Remaining aggregate material offers income potential Zoning expected to revert to residential use after expiration Strong investment hold with future residential or estate potential Approx. $1,300/year in property taxes
-
0BEDS
-
15.49ACRES
-
0BATHS
-
01/2 BATHS
Description
Investment Opportunity with Current Aggregate Zoning & Future Residential Potential Located in highly desirable Hamilton County, this 15.5 acre property offers a rare blend of immediate income potential and long-term development upside. Positioned along the scenic White River with over 1,500 feet of road frontage, the tract combines accessibility, natural beauty, and strong future value in one of Central Indiana's fastest-growing markets. Currently zoned for a gravel pit through September 2026, the property presents a unique opportunity for investors or operators looking to capitalize on remaining aggregate resources. Significant material remains on site, creating near-term extraction potential while holding strong long-range appeal as a residential or estate-style property once zoning reverts. The White River frontage adds recreational and aesthetic value rarely found in Hamilton County parcels of this size, making it attractive for future homesites, outdoor enthusiasts, or buyers seeking a strategic land hold in a premium location. With annual property taxes of approximately $1,300, the carrying costs remain low relative to the flexibility and upside this property offers. Property Highlights 15.5 acres in Hamilton County, Indiana White River frontage with scenic natural setting Over 1,500 feet of road frontage for excellent access and visibility Zoned for gravel pit use until September 2026 Remaining aggregate material offers income potential Zoning expected to revert to residential use after expiration Strong investment hold with future residential or estate potential Approx. $1,300/year in property taxes
© 2026 Metropolitan Indianapolis Board of REALTORS®. 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. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or David Brenton's Team.
Based on information submitted to the MLS GRID as of 2026-07-15T14:26:09.34. 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.
Click here for MLS GRID DMCA Notice