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843 Ben Franklin Street - 14 Platted & Recorded Lots - Cloverdale, IN 5.1 Acres of Residential Land Offered at $829,500 CAD in Cloverdale, IN 46120

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INVESTMENT HIGHLIGHTS

  • 14 Platted & Recorded Single-Family Home Lots: All lots are fully subdivided, platted, and recorded, eliminating the upfront entitlement process
  • R1 Residential Zoning: Zoning permits low-density single-family residential development, with generous setbacks
  • Prime Location Off Interstate 70: The property is conveniently located just off I-70, a major east-west corridor that enhances regional connectivity
  • Varied Lot Sizes from 0.17 to 0.57 Acres: The diversity in lot sizes allows for flexible home designs to meet a range of buyer preferences
  • City Water and Sewer Connection Available: Main water and sewer infrastructure is already accessible, significantly reducing development costs & time
  • 40 Miles from Downtown Indianapolis: Close enough for easy commuting yet far enough to enjoy small-town living

EXECUTIVE SUMMARY

Sands Investment Group is Pleased to Present the Sunset Ridge Development Opportunity For Sale in Cloverdale, Indiana. This Offering Features 5.10 Acres of Subdivided Residential Land, Platted and Recorded For 14 Single-Family Home (SFH) Lots. With R1 Zoning, Access to City Water and Sewer, and Proximity to Interstate 70, the Site is Ideally Positioned For Residential Development. Just 40 miles From Downtown Indianapolis and 30 Miles From Indianapolis International Airport, This is a Prime Opportunity For Builders or Investors Seeking a Shovel-Ready Project in a Growing Submarket.
In Cooperation With Sands Investment Group Indiana, LLC - Lic. #RC52000211 BoR: Andrew Ackerman - Lic. IN #RB20001918

PROPERTY FACTS

Price $829,500 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Single Family Residence
Total Lot Size 5.10 AC
Opportunity Zone Yes
Zoning R1 - Residential - Residential

1 LOT AVAILABLE

Lot

Price $829,500 CAD
Price Per AC $162,647.06 CAD
Lot Size 5.10 AC
  • Listing ID: 36770991

  • Date on Market: 2025-07-17

  • Last Updated:

  • Address: 843 Ben Franklin Street, Cloverdale, IN 46120

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