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Improved Mixed-Use Land for Sale in Terre Haute, Indiana

4051 E Margaret Ave, Terre Haute, IN 47803

$400,000
4.3 acres
Active sale
ago
Est $2,296/mo

Here is an opportunity with over 4 acres and commercial zoning in Terre Haute's growing east-side corridor! Located near I-70 and adjacent to the casino, this solid brick ranch offers the best of both worlds - comfortable residential living today with potential for future commercial development. The home features 4 bedrooms, 3 baths, an in-ground pool, and an updated interior, along with a newer roof, HVAC system, and appliances. Enjoy the convenience of being in town while the spacious acreage provides a peaceful, country-like setting with a large fire pit area and raised gardens. The property is currently served by well water, with the option to connect to city services in the near future if desired. Whether you're looking for a spacious home with acreage or a property with an eye toward future possibilities, this one deserves a tour.

1,898
Sq feet
4
Beds
3
Full baths
1971
Built

Location

Street address
4051 E Margaret Ave
Zip code
47803
Elevation
557 feet
Coordinates
39.4325, -87.3548

Property details

Acreage
4.3 acres
Zoning
C3
MLS #
THAAR 110379
Posted

Parcels

  • 84-09-01-226-001.000-005

Details and features

Listing

Type
Residential

Exterior

Pool
Patio
Features
In-Ground Pool, Rock Driveway, Shed

Structure

Stories
1
Heating
Electric, Heat Pump
Cooling
Central Air, Multi Units
Roof
Shingle
Windows
Vinyl Frames

Interior

Rooms
Bathroom x 3, Bedroom x 4
Fireplaces
Yes
Appliances
Dishwasher, Microwave, Range, Refrigerator
Features
Carpet, Ceiling Fan(s), Ceramic Tile, Counter Tops Granite, Hardwood Floors, New Floor Covering, New Paint, Split Bedroom Floor Plan, Vinyl Floors, Walk in Closet, Window Coverings

Nearby schools

NameType
FuquaElementary
Woodrow WilsonMiddle
Terre Haute SouthHigh

Listing history

DateEventPriceChangeSource
Sept 3, 2026New listing$400,000THAAR
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This 4.3-acre property is located at 4051 E Margaret Ave in Terre Haute, IN 47803. The property is available for sale, priced at $400,000. It has a 1,898 square foot 4-bedroom, 3-bath house built in 1971.

Listed by Preferred Realty, (812) 249-3920

Checked 1 hour agoUpdated Source

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