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Mixed-Use Land for Sale in Granger, Indiana

51405 Elm Rd, Granger, IN 46530

$1,245,000
5 acres
Active
Est $8,882/mo

PRIME LOCATION: Discover this remarkable investment or development opportunity on Elm Road on 5 +/- acres. Located directly across from Harris Branch Library (P-H-M) and just a short walk to Harris Township Park and Granger Paths walking/biking trail, this property offers limitless potential for residential or commercial development. While there is currently a house and barn on property, the value is in the land. Property is sold as-is. The seller will not pay for demolition, repairs, or permits. Currently zoned Residential.

Location

Street address
51405 Elm Rd
School district
Penn-Harris-Madison School Corp.
Elevation
797 feet
Coordinates
41.7472, -86.1402

Directions

St Rd 23 to Elm, north on Elm; house is on the left, across from the Library

Property details

Acreage
5.01 acres
MLS #
GSBMAR 202411282
Posted

Property taxes

Recent
$4,618

Parcels

  • 71-04-14-277-017.000-011

Legal description

Details and features

Listing

Type
Land
Franchise
RE/MAX International

Nearby schools

NameLevelDistrictDescription
NorthpointElementaryPenn-Harris-Madison School Corp.
DiscoveryMiddlePenn-Harris-Madison School Corp.
PennHighPenn-Harris-Madison School Corp.

Listing history

DateEventPriceChangeSource
Nov 12, 2025Price drop$1,245,000$5,000 -0.4%GSBMAR
Apr 6, 2024New listing$1,250,000GSBMAR
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This 5.01-acre property is located at 51405 Elm Rd in Granger, IN 46530. The property is available for sale for $1,245,000 with a price per acre of $248,503.

Checked 1 hour ago — Updated

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