SOLD DEC 1, 2025

Off market dec 2025 for $1.2M

$928,928

Land

•

40.00

acres (lot)

21993 Oak Ridge Rd, Sheridan, IN 46069

About this home

Prime 40-Acre Development Opportunity - Rural Sheridan, Indiana | Sheridan School District Welcome to a rare and versatile offering in the heart of Hamilton County-40 scenic acres split between two parcels (5 acres and 35 acres), located in peaceful rural Sheridan, Indiana, and proudly situated within the highly regarded Sheridan Community School Corporation. This expansive tract of land presents incredible potential for development into 10-acre estate lots, ideal for luxury country homes, equestrian estates, or a private family compound. The property features gentle rolling terrain, mature tree lines, and wide-open spaces, creating a tranquil canvas for custom estate living. Highlights: Total of 40 Acres: Two contiguous parcels - one 5-acre lot and one 35-acre lot Zoned for Residential Use (subject to local approvals) Ideal for 10-Acre Estate Lot Subdivision Excellent Road Access and proximity to utilities Located in the Sheridan School District Quick Access to SR-47, US-31, and Westfield/Carmel Amenities Whether you're a developer looking to create high-end rural estates, or a private buyer seeking acreage for your dream home with room to expand, this property checks all the boxes. Properties of this size and flexibility in Sheridan are increasingly rare-don't miss your opportunity to invest in one of Central Indiana's most promising rural communities. Schedule a tour today and explore the possibilities of this unique land opportunity!

Vacant landProperty Type

40 acresLot Size

$23,223Price/Acres

Listed by Thomas Colvin • eXp Realty, LLC

Listed by Ashley Colvin • eXp Realty, LLC

Bought with Prakash Alluri • Trueblood Real Estate

Redfin checked: a few seconds ago

•Source:MIBOR as Distributed by MLS Grid #22033713

Redfin Estimate

$928,928

$346K since sold in December 2025$6,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 18.8% higher than the average sale price ($782K) of 4 comparable homes.

SOLD AUG 27, 2026
$260,000
A
3 beds2 baths2,700 sq ft
1561 E 236th St, Arcadia, IN 46030
SOLD AUG 7, 2026
$304,000
B
3 beds1.5 baths1,618 sq ft
1703 W 221st St, Sheridan, IN 46069
SOLD JUN 15, 2026
$415,000
C
3 beds2.5 baths2,054 sq ft
1119 E 234th St, Sheridan, IN 46069
SOLD MAY 19, 2026
$2,150,000
D
4 beds2.5 baths2,000 sq ft
21749 Oak Ridge Rd, Sheridan, IN 46069

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Earn from this home

Sell

−$131,477

Est. take-home

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Market trends in 46069, IN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.3%

0.3% MoM

Median sale price

$322K

$10K MoM

Avg. days on market

40d

0 days MoM

Recently sold homes

5 MoM

New listings for sale

NEW 19 HRS AGO
$325,000
3 beds2.5 baths2,116 sq ft
1482 Littleleaf Dr, Sheridan, IN 46069
$190,000
3 beds2 baths1,080 sq ft
411 W 4th St, Sheridan, IN 46069
See all

Provided by Redfin

Sale history for 21993 Oak Ridge Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,326 (−2.7%)

$84,600 + $60,500

$145,100

2024

$1,363 (+8.7%)

$84,600 + $60,500

$145,100

2023

$1,254 (−1.6%)

$84,300 + $53,500

$137,800

2022

$1,274 (+2.6%)

$83,300 + $50,600

$133,900

2021

$1,241 (+0.2%)

$82,200 + $46,100

$128,300

2020

$1,239 (+38.1%)

$81,600 + $41,900

$123,500

2019

$898 (−0.7%)

$81,600 + $43,300

$124,900

2018

$904 (+4.2%)

$54,900 + $47,300

$102,200

2017

$868 (+2.7%)

$55,700 + $43,600

$99,300

2016

$845 (+11.2%)

$55,700 + $43,600

$99,300

2015

$760 (−7.2%)

$56,000 + $43,200

$99,200

2013

$819

$52,300 + $37,600

$89,900

Tax history for 21993 Oak Ridge Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,326 (−2.7%)

$84,600 + $60,500

$145,100

2024

$1,363 (+8.7%)

$84,600 + $60,500

$145,100

2023

$1,254 (−1.6%)

$84,300 + $53,500

$137,800

2022

$1,274 (+2.6%)

$83,300 + $50,600

$133,900

2021

$1,241 (+0.2%)

$82,200 + $46,100

$128,300

2020

$1,239 (+38.1%)

$81,600 + $41,900

$123,500

2019

$898 (−0.7%)

$81,600 + $43,300

$124,900

2018

$904 (+4.2%)

$54,900 + $47,300

$102,200

2017

$868 (+2.7%)

$55,700 + $43,600

$99,300

2016

$845 (+11.2%)

$55,700 + $43,600

$99,300

2015

$760 (−7.2%)

$56,000 + $43,200

$99,200

2013

$819

$52,300 + $37,600

$89,900

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

5 Acres

Year renovated

1950

Sq. Ft.

1,392

Year built

1910

Style

Single Family Residential

County

Hamilton County

APN

290512000003001001

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 16, 2026.

Property details

Exterior

Farm Information
Horse Amenities: None

Property Information
Development Status: NoStatus
Property Type: Land
Other Structures: Other
Has Additional Parcels
Property Sub Type: Farm
Zoning: ag

Land Information
Topography: Level
Soil Type: See Remarks
Acres: >20 Acres
Tillable Acres: 40
Land Characteristics: Rectangle,Rural,Rural Not in Subdivision

Lot Information
Facilities On: None
Facilities Near: Electric
Divisible: Yes
Number Of Lots: 2
Lot Size Acres: 40
Road Surface Type: Asphalt
Road Frontage Type: County Road
Present Zoning: Agricultur
Road Access: Frontage Road

Utilities

Utility Information
Utility Prim Sewage Disp: No Sewage Disposal
Water Source: None
Sewer: Septic Needed
Water Information: Well Required
Solid Waste Information: No

Location

School Information
Elementary School: Sheridan Elementary School
Middle Or Junior High School: Sheridan Middle School
High School: Sheridan High School
High School District: Sheridan Community Schools

Location Information
Directions: GPS Friendly
Tax Legal Description: Acreage 35.00, Section 12, Township 19, Range 3

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,392
Stories: 1.0
Lot Size: 5 acres
Style: Single Family Residential
Year Built: 1910
Year Renovated: 1950
County: Hamilton County
APN: 290512000003001001

Home facts updated by county records on Sep 16, 2026

Around this home

Schools

Sheridan Elementary School

Public PreK-5 • Assigned • 4.6mi

7/10

Sheridan Middle School

Public 6-8 • Assigned • 4.2mi

5/10

Sheridan High School

Public 9-12 • Assigned • 4.3mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

8/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 100° expected this year, 18 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

4/10 Air Factor

3 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Sheridan, IN • 46069

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.9 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.9 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$883,000 – $1.07M

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Nearby similar homes

$475,000

Land— sq ft

0 Basil, Sheridan, IN 46069

NEW CONSTRUCTION

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0 (10 acres) Jerkwater Rd, Sheridan, IN 46061

NEW CONSTRUCTION

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4 beds3.5 baths4,420 sq ft

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Land— sq ft

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NEW CONSTRUCTION

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New listings for sale in 46069

NEW 19 HRS AGO3D WALKTHROUGH

$325,000

3 beds2.5 baths2,116 sq ft

1482 Littleleaf Dr, Sheridan, IN 46069

$190,000

3 beds2 baths1,080 sq ft

411 W 4th St, Sheridan, IN 46069

Home values near 21993 Oak Ridge Rd

Data from public records.

Address	Redfin Estimate
22560 Oak Ridge Road, Sheridan, IN 4 Beds \| 2 Baths \| 1786 Sq. Ft.	$322,152
21802 Oak Ridge Road, Sheridan, IN 3 Beds \| 1 Baths \| 1850 Sq. Ft.	$583,712

Address	Redfin Estimate
21749 Oak Ridge Road, Sheridan, IN 4 Beds \| 2.5 Baths \| 2000 Sq. Ft.	$1,471,530
21802 Oak Ridge Road, Sheridan, IN 2 Beds \| 2 Baths \| 1404 Sq. Ft.	—

Address	Redfin Estimate
21730 Oak Ridge Road, Sheridan, IN 3 Beds \| 2 Baths \| 1932 Sq. Ft.	$541,033
953 E 226th Street, Sheridan, IN 4 Beds \| 3.5 Baths \| 3280 Sq. Ft.	$1,049,126

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 46069, IN

Sale history for 21993 Oak Ridge Rd

Tax history for 21993 Oak Ridge Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 46069

Home values near 21993 Oak Ridge Rd

More real estate resources