7224 Us Highway 40, Centerville, IN 47330

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Sold Price
$103,000
List Price
$109,900
Closing Date
Jul 28, 2026
Days on Market
70
Status
SOLD
MLS#
10053528
Living Area
1,207
Lot Size (Acres)
5.28
Style
1 Story
Year Built
1940

Property Description

Versatile opportunity on the edge of Centerville! This 1-story, commercially zoned property sits on 5.28 acres and offers a 1,207 sq. ft. building ready to suit a wide range of uses. Whether you’re looking to establish a small business, create a live/work space, or enjoy a private recreational retreat close to town, this property delivers flexibility and potential. The building includes a full bath, heating, and a durable metal roof. With well and septic already in place, much of the groundwork is done. The land is partially fenced on two sides, and a trail runs along one edge, adding accessibility to the wooded area. With ample space to expand, park equipment, or create additional amenities, this property is ideal for entrepreneurs, hobbyists, or anyone seeking room to grow just minutes from town conveniences. Property could be converted to residential. Due to a portion of the property being in a flood plain, the new owner would need to check insurance requirements and City/County requirements to add any additional space on to the existing building or build another structure on the property.

Additional Information

Area
Centerville
Heating
Electric Baseboard, Electric Ceiling
Water
Well
Sewer
Septic

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Calculator source: Real Geeks

Listing courtesy of Tracie Robinson. Better Homes and Gardens First Realty Group

Selling Office: Better Homes and Gardens First Realty Group.