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$399,900 Just Listed
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Property Description
Prime 2.97-Acre Commercial Opportunity in Downtown DeMotte, Indiana. Commercial property zoned B-2 and strategically located on one of DeMotte's most visible and heavily traveled corridors. Situated in the heart of the downtown business district, this property offers outstanding exposure and endless development potential. The site features two convenient points of ingress and egress, including approximately 109 feet of frontage along Halleck Street/U.S. 231 and approximately 397 feet of frontage along Division Street, providing excellent accessibility and visibility from multiple directions. Surrounded by established businesses and community amenities, the property is just minutes from Town Hall, the public park, community pool, and other local attractions. A national branded store anchors the nearby corner, helping drive consistent traffic to the area. A residential structure that has to be removed is currently located on a portion of the property and is included in the sale. City water and sewer utilities are available. Whether you're looking to develop retail, office, service-based or other commercial ventures, this property offers unlimited possibilities in a growing market. Property has certain build deed restriction please review attachment.
Full Property Details
Full Property Details for 130 E Division
General
- Price: $399,900
- Taxes: $1,340 (2025)
- Status: Active
- Type: Commercial Investment
- Source: GNIAR
- MLS ID: 839903
- Updated: 6/1/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: None
- Appliances: None
Exterior
- Exterior Features: None
Parking
- Parking Features: None
Location
- County: Jasper
- Township: Keener
- Driving Directions: I-65 to Rt. 2 East, then south on US 231 to DeMotte. Property is within town limits with access from both Halleck St. (US 231) and Division St. Located next to Dollar General on the east side of the street.
Heating & Cooling
- Heating Type: None
Structural Information
- Year Built: 1908
Lot Features
- Lot Size (Acres): 2.97
- Lot Size (Sq. Ft.): 129,373
- Lot Features: Wooded
Financial Considerations
- Tax Amount: $1,340
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: PT S 1/2 SW SW 23 32 7, 2.97A
- Property ID: 371523000008000025
Listed by House Hunters Realty, LLC
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Schools
Schools serving 130 E Division
School District:Kankakee Valley School Corporation
| Name | Grades | Distance |
|---|---|---|
Demotte Elementary School 1000 S Halleck, De Motte, IN 46310 | PK-3 | 0.7 mi |
Kankakee Valley Intermediate School 12345 North 550 West, Wheatfield, IN 46392 | 4-5 | 2.7 mi |
Kankakee Valley Middle School 5258 W Sr 10, Wheatfield, IN 46392 | 6-8 | 2.9 mi |
Kankakee Valley High School 3923 W Sr 10, Wheatfield, IN 46392 | 9-12 | 4.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 130 E Division
Date
Details
Price
Change
Source
6/01/2026
Listed
$399,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 130 E Division
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,540
—
$120,600
4%
2024
$1,540
8%
$115,900
4%
2023
$1,426
10%
$111,400
16%
2022
$1,302
-1%
$96,400
11%
2020
$1,318
6%
$86,500
1%
2019
$1,247
9%
$85,700
5%
2018
$1,147
3%
$81,900
6%
2017
$1,117
17%
$77,000
1%
2016
$951
—
$75,900
1%
2016
$951
—
$75,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 130 E Division
130 E Division, Demotte, IN 46310 (MLS# 839903) is a Commercial Investment property. 130 E Division is currently listed for $399,900 and was received on June 01, 2026. Want to learn more about 130 E Division? Do you have questions about finding other Commercial Investment real estate for sale in Demotte? You can browse all Demotte real estate or contact a Coldwell Banker agent to request more information.

