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$1,245,000

  • For Sale
  • Active
  • Lots/Land
  • 5.01 Acres
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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.

Full Property Details for 51405 Elm Rd

General

  • Price: $1,245,000
  • Taxes: $4,618 (2023)
  • Status: Active
  • Type: Lots/Land
  • Source: Indiana_Regional_MLS
  • MLS ID: 202411282
  • Updated: 11/12/2025
  • Added to Site: 681 day(s) ago

Location

  • Subdivision: 330x661
  • Driving Directions: St Rd 23 to Elm, north on Elm; house is on the left, across from the Library

School Information

  • Elementary School: Penn-Harris-Madison School Corp.
  • Middle School: Discovery
  • High School: Penn

Lot Features

  • Lot Size (Acres): 5.01
  • Lot Size (Sq. Ft.): 218,366
  • Street/Road Desc.: Paved

Financial Considerations

  • Price Per Acre: $248,502.99
  • Assoc Fee Freq.: Not Applicable
  • Tax Amount: $4,618.24
  • Tax Year: 2023

Listed by Re/Max 100, Kerrie Drury

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Listing agent

— 51405 Elm Rd —

  • Kerrie Drury

    Re/Max 100

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 51405 Elm Rd

School District:Penn-Harris-Madison School Corporation
NameGradesDistance
Northpoint Elementary School, Granger, IN
50800 Cherry Road, Granger, IN 46530
K-51.1 mi
Discovery Middle School, Granger, IN
10050 Brummitt Road, Granger, IN 46530
6-84.1 mi
Penn High School
56100 Bittersweet Road, Mishawaka, IN 46545
9-125 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 51405 Elm Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/12/2025
Price Reduced
$1,245,000
-0.4%
MLS
4/05/2024
Listed
$1,250,000
—
MLS
Get Price Alerts and Save Property
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 for 51405 Elm Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,698
12%
$288,300
11%
2023
$2,415
-63%
$259,800
—
2022
$6,470
199%
$259,100
9%
2020
$2,162
67%
$236,700
7%
2019
$1,296
4%
$220,900
49%
2018
$1,249
-5%
$148,300
-1%
2017
$1,318
-18%
$149,500
—
2016
$1,617
—
$149,500
-5%
2016
$1,617
—
$157,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Re/Max 100, Kerrie Drury

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51405 Elm Road, Granger, IN 46530 (MLS# 202411282) is a Lots/Land property with a lot size of 5.01 acres. 51405 Elm Road is currently listed for $1,245,000 and was received on April 05, 2024. Want to learn more about 51405 Elm Road? Do you have questions about finding other Lots/Land real estate for sale in Granger? You can browse all Granger real estate or contact a Coldwell Banker agent to request more information.

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