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

4069 E Margaret Ave, Terre Haute, IN 47803

$449,900
5.85 acres
Active sale
ago
Est $2,582/mo

ALL-BRICK HOME ON 5.8+ ACRES WITH INCOME POTENTIAL! A rare opportunity to own an all-brick home situated on more than 5.8 acres in a convenient Terre Haute location! Offering the space and privacy of a country setting while still being just minutes from shopping, dining, I-70, State Road 46 and the Terre Haute Casino Resort, this property offers an incredibly versatile opportunity. The home has been a successful income-producing rental, making it an excellent option for an investor, but it would also make a wonderful private residence for someone looking for acreage, flexibility and room to grow. Outside, the expansive 5.8+ acre property provides plenty of room to enjoy the outdoors, add recreational space, create a garden, or simply appreciate having your own private retreat. A detached garage and separate workshop provide additional space for vehicles, hobbies, equipment or storage. Whether you're looking for a spacious home on acreage, an investment property with proven rental potential, or a property offering both, this one is full of possibilities. All-brick construction, over 5 acres, multiple outbuildings and a fantastic location make this a truly unique find!

3,850
Sq feet
3
Beds
1
Full bath
1
1/2 bath
1949
Built

Location

Street address
4069 E Margaret Ave
Zip code
47803
Elevation
557 feet
Coordinates
39.4334, -87.3542

Property details

Acreage
5.85 acres
Zoning
Commercial
MLS #
THAAR 110286
Posted

Parcels

  • 84-09-01-227-001.000-005

Details and features

Listing

Type
Residential
Franchise
Century 21 Real Estate

Exterior

Pool
Porch
Structures
Outbuilding
Features
Outbuildings, Rock Driveway, Shed

Structure

Stories
1
Heating
Natural Gas
Roof
Shingle

Interior

Room Count
7
Rooms
Bathroom x 2, Bedroom x 3
Fireplaces
Yes
Appliances
Dishwasher, Elec. Range/Oven, Freezer, Garbage Disposal, Refrigerator
Features
Hardwood Floors

Property utilities

CategoryTypeStatus
GasNatural GasConnected

Nearby schools

NameType
Woodrow WilsonMiddle
Terre Haute SouthHigh

Listing history

DateEventPriceChangeSource
Aug 26, 2026New listing$449,900THAAR
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This 5.85-acre property is located at 4069 E Margaret Ave in Terre Haute, IN 47803. The property is available for sale, priced at $449,900. It has a 3,850 square foot 3-bedroom, 1.5-bath house built in 1949.

Listed by Century 21 Elite, (812) 238-1771

Checked 2 hours agoUpdated Source

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