4.8 Acres of Residential Land for Sale in Muncie, Indiana

NOTE: WITH PROPER PAPERWORK AND PLANS FOR IT TO BE PLATTED, THE LOCAL PLANNING COMMISSION CAN APPROVE THIS FOR A MULTIPLE LOT DEVELOPMENT. -- The last outlots of Heron Point (Eagle Branch Villas Section) are now available! This is approximately 4.79 acres. Because it's part of larger parcel, the taxes are to be determined. This was originally listed as 2 lots, but is now being sold as 1 lot. YOU DON'T HAVE TO DEVELOP THIS LAND FOR CONDOS. THIS CAN EASILY BE A SINGLE FAMILY HOME SITE. All new Covenants & Restrictions allow for a builder/developer to design all new floorplans and style of home (villa, duplex, single family, etc). New designs are subject to Architectural Approval via the Architectural Control Committee. Some restrictions include: Must be 50% brick or stone or cement board, colors shall be taupes, grays, tans and creams (colors are on file), no fencing, minimum 1850 SqFt for a single story (2 stories allowed but must have same roof pitch as others presently built). C&R restrictions are available upon request. This is a rare chance to control the last development land in a very popular addition. NOTE: if you are building a single home, the first floor must be a minimum of 2,700 SF and no more than $3,700 SF. You can build an outbuilding, but it has to look like the home (subject to approval). You would be subject to the covenants and must pay your yearly fee. All road development would be the buyer's responsibility. No more road cuts are allowed for this lot.