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5682 N Michigan Road Fairland, IN $ 1,750,000
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$ 1,750,000 Get more info
5682 N Michigan Road
$ 1,750,000
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5682 N Michigan Road

Fairland, IN, 46126
$ 1,750,000
Baths0.0

Monthly Estimate*

$ 11,050

5682 N Michigan Road, Fairland, IN 46126 - Image 1
5682 N Michigan Road, Fairland, IN 46126 - Image 2
5682 N Michigan Road, Fairland, IN 46126 - Image 3
5682 N Michigan Road, Fairland, IN 46126 - Image 4
5682 N Michigan Road, Fairland, IN 46126 - Image 5
Studio

Lots and Land for sale in Fairland, IN

for $1,750,000. The lot size is 57.87.

Potential development land currently zoned Agricultural just 2 miles northwest of the Indianapolis/Shelbyville Horseshoe Casino Racetrack. 57.87 acres with over 700 feet of frontage on Michigan Road and Interstate 74. Beautifully tree lined on 3 sides with approx 3 acres of woods at back end of property. Existing drainage tile installed years ago that can be expanded or possibly install your own pond on property. Currently planted in corn to be harvested late September or October. New development is being planned at the casino - announcements expected soon.

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Lots and Land Active

Price

$ 1,750,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 1,642

Style

Farm

Lot Size

57.87

Town/City

Fairland

County/Region

Shelby

MLS | Web ID

22122467
Features
General
Sewer See Remarks
Possession Closing Negotiable
Development Status NoStatus See Remarks
Zoning Residential/Agricultural
Topography Level See Remarks
Township Brandywine
Property Subtype Farm
Tax Year 2025
County Shelby
New Construction N
Property Type Land
HOA N
Subdivision Name Farmers Addn
Other Structures Barn(s) See Remarks
Status Active
Directions GPS Friendly
High School Triton Jr-Sr High School
City Fairland
High School District Triton School Corporation
MLS Area 7306 - Shelby - Brandywine
Lot Size Square Feet 2520817
Elementary School Triton Elementary School
Current Financing Exchange - 1031 Conventional Other
Standard Status Active
Tax Lot PT NW 3 13 6 57.87A SEE NOTES CONTRACT- SCHWIER & CO LLC 05/12/2025
Legal Description Pt Nw 3 13 6 57.87Asee Notes Contract- Schwier & Co LLC 05/12/2025
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Exterior
Lot Size Acres 57.87
Road Surface Type Asphalt
Road Frontage Type County Road
Horse Amenities None
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* Excluded Features
List By
Schwier & Co

Broker

randyschwier@att.net

Email

Affordability Calculator

$11,187
Per Month
99%
1%
0%
Monthly Principal & Interest
$11,050
Monthly Property Taxes
$137
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4050537 Elementary School
4050146 Middle School
Triton Jr-Sr High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/26/2026$1,750,000 Listed Price

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5682 N Michigan Road, Fairland, IN, 46126 is a Lots and Land for sale at $1,750,000 with a lot size of 57.87. 5682 N Michigan Road is a studio with 0.0 baths. The property's zip code is 46126 which is in Fairland, IN

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