For Sale 4240 South Old US 41 Sullivan, Indiana

Sullivan County Indiana
14.5+/- Acres

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Property Information

ID: 19465
External ID/MLS: -- / N/A
Status: Available
Price: $230,000
Acres: 14.5 +/-
Address: 4240 South Old US 41
City, State: Sullivan, Indiana
County: Sullivan
ZIP Code: 47882


4240 South Old US 41 is a 14.5 acre commercial property located in Sullivan County just west of Paxton, Indiana. This property is currently being used as a small rental community. With 9 rental units this property has the ability to turn a nice profit. The 9 structures consists of 5 homes and 4 mobile homes. A garage is also part of the property and is used as a work shop and storage for building materials, tools, and lawn equipment. These units are all connected to city water and septic. The structures sit on the east side of the property and only use about 2.5 acres. The remaining 12 acres are mostly wooded, with just over 3 acres making up a pond.  With this much additional ground, increased development is possible. Several nice building sites are available for residential development as well. The parcel sits between both US 41 and Old US 41 with great road frontage on both roadways. Being zoned for commercial use, this property could be converted to any number of other commercial businesses. For more information on this property, please contact Jeff Michalic at 812-230-4503 of email him a

Additional Information


  • small game
  • waterfowl


  • atv trails
  • bird watching
  • fishing

water access

  • pond


  • garage
  • pond

Ask Jeff About This Property

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