7477 W Raymond Run Ellettsville, IN ^$ 1,500,000

7477 W Raymond Run

^$ 1,500,000

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7477 W Raymond Run

Ellettsville, IN, 47429

^$ 1,500,000

Studio Baths0.0

Monthly Estimate*

^$ 9,236

7477 W Raymond Run, Ellettsville, IN 47429 - Image 1

7477 W Raymond Run, Ellettsville, IN 47429 - Image 2

7477 W Raymond Run, Ellettsville, IN 47429 - Image 3

7477 W Raymond Run, Ellettsville, IN 47429 - Image 4

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Studio

Lots and Land for sale in Ellettsville, IN

for $1,500,000. The lot size is 4.818.

Shovel ready commercial land totaling approximately 4.818 acres. Includes 2 parcels: 7477 & 7485 W Raymond Run. Seller has apartment complex plans approved from Town of Ellettsville for 72 units and 150 bedrooms total. Unit mix is 6-1 bedrooms, 54-2 bedrooms, and 12-3 bedrooms. All permits and plans for apartment complex will be included in the sale.

Lots and Land Active

Price

^$ 1,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 11,980

Style

Residential Land

Lot Size

4.818

Town/City

Ellettsville

County/Region

Monroe

MLS | Web ID

202535828

Features

General

Road Frontage City

Status Active Active

Subdivision Litten Estates

Township Richland

Class LOTS AND LAND

Present Use Commercial Multi-Family Residential

Type Residential Land

Inside City Limits Yes

REO No

Status Detail 0

Area Monroe County

Location City Subdivision

High School Edgewood

City Ellettsville

School District Richland-Bean Blossom Community

Elementary School Edgewood

Middle School Edgewood

Legal Description 009-27630-00 PT NW SE 4-9-2W 3.858A PLAT 25 & 009-20605-73 Litten Estates Ph 2 Lot 73

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202535828

Agent First Name Andy

Agent Last Name Lynch

DOM 143

Tax Year 2025

Restrictions Sidewalk Required SqFt Restrictions

Exterior

Road Surface Paved

Road Access City

Lot Size Area 209872

Lot Dimensions IRR

Fence None

Waterfront Y/N No

Interior

Fuel Type Electric Gas

* Excluded Features

List By

Andy Lynch

Listing Agent

Millican Realty

Broker

andylynch207@gmail.com

Affordability Calculator

$10,234

Per Month

Monthly Principal & Interest: $9,236
Monthly Property Taxes: $998
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Ellettsville, IN

Average List Price ^$346,225

Percent of Sale Price 77%

About Ellettsville, IN

6,689 Population

28% Since 2002

^$53,043 Median Income

38.02 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1237047 Elementary School

1235952 Middle School

Edgewood High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/5/2025	$1,500,000		Listed Price

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7477 W Raymond Run, Ellettsville, IN, 47429 is a Lots and Land for sale at $1,500,000 with a lot size of 4.818. 7477 W Raymond Run is a studio with 0.0 baths. The property's zip code is 47429 which is in Ellettsville, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 1/31/2026.

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7477 W Raymond Run

Lots and Land for sale in Ellettsville, IN

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