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$175,0002710 W State Road 38
For Sale81 days on market

2710 W State Road 38

Sheridan, Indiana 46069

Hoffman

2

Beds

1

Baths

720

Sq Ft

1948

Year Built

0.27

Acres

Sheldon Barnes, Carmel Realtor

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ABOUT THIS HOME

Exciting Chance to Own and Develop a Commercial Building near the bustling 38 in Northern Hamilton County. A rare opportunity awaits in Sheridan with high traffic and immense potential. The property, which would ideally be used for commercial purposes, requires repairs if the home is not torn down. The pricing accounts for the prime location and traffic for a commercial project. Rezoning would be necessary for the property, with neighboring lots zoned C-2. Details on the rezoning process and C-2 zoning are in attached docs. The buyer will be responsible for the property's rezoning and conducting all necessary assessments on the home/lot.

Listed by Isabella Clark· Weichert Realtors EPG· MLS# 22042350

Key things to know

  • High-traffic state road 38 frontage
  • Adjacent c-2 commercial zoning
  • 0.27 acre lot
  • Development/redevelopment opportunity

Browse by room

1 room · 5 photos

Monthly payment

Estimate · $175,000

$983/mo

$931 principal & interest · $51 tax

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $35,000 on a loan of $140,000.

Price history

  1. Listedat $175,000

    May 31, 2025

Recent comparable sales

Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.

AI-curated highlights

INSIDE THIS HOME

FEATURES & AMENITIES

Climate

Heat: OtherCool: Window Unit(s)

AI-detected from photos

Vibe:farmhouseoriginal

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $175,000Listed· May 31, 2025

81 days on market

Layout

Main
211 rooms720 sq ft

Primary suite

See Remarks

Schools

Sheridan Community Schools

    Neighborhood

    • Westfield High School7.4 mi
    • Clay Terrace10.3 mi
    • Carmel Arts & Design District11.5 mi
    • Carmel Central Park11.6 mi
    • Zionsville Community HS11.8 mi
    • Carmel High School12.1 mi

    PROPERTY DETAILS

    Combined data from the listing and Hamilton County records

    Living Area

    720 sq ft

    Year Built

    1948

    Stories

    One

    Subdivision

    Hoffman

    Bedrooms

    2

    Bathrooms

    1 full

    School District

    Sheridan Community Schools

    TAX ASSESSMENT

    Hamilton County assessed values for current year

    Total Assessed Value

    $92,100

    Land Value

    $31,200

    Land$31,200

    34% of total

    Improvement Value

    $60,900

    Improvements$60,900

    66% of total

    Annual tax · 2024
    $616

    PARCEL & LEGAL

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