105 N Allen Drive, IN 46052

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Sold Price
$50,000
List Price
$75,000
Status
SOLD
Days on Market
35
Closing Date
Feb 26, 2026
MLS#
22080216
Subtype
Land
Acres
0.41
Subdivision
Lebanon
MLS Area Major
Center

Property Description

PRIME MULTI-UNIT DEVELOPMENT OPPORTUNITY IN THE PATH OF PROGRESS Seize this rare investment-ready parcel in the heart of Lebanon's booming corridor! Strategically zoned R4, this level 18,000+ sq. ft. lot (111' x 164') is primed for a high-density residential build-ideal for up to 4 units. Efficiency is built-in with electrical, municipal sewer, and water already on-site, drastically reducing your pre-development costs. Beyond traditional residential, the flexible zoning and location offer incredible potential for specialized ventures such as adult/memory care facilities, a cell tower site, or a live-in business. With I-65 freeway access mere yards away, your future tenants or clients enjoy unparalleled connectivity to the LEAP District and Indianapolis. Lebanon is growing fast-build your portfolio here! Please see the attached documents for the City's worksheet with lists the primary and conditional use options allowed by the R4 zoning

Additional Information

Taxes
$248

Listing courtesy of Kyle Frick. F.C. Tucker Company

Selling Office: @properties.

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of 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. Some listings have been excluded from this website.