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Lots & Land For Sale in 46126, IN

2 Homes
 
0 W 500 N, Fairland, IN 46126
46126, IN Homes for Sale
Build your dream home on 3.31 acres! Corner lot, Triton Schools, Shelby County, what more could you ask for? We took all of the guesswork out, this lot is ready for you to present a site plan for the home of your dreams, pull permits, and begin construction! Survey corners staked, plat recorded, soil test complete, and county approved! Excellent location, 5 minutes from I74.
  • $211,840
  • 3.31 Acre
5682 N Michigan Rd, Fairland, IN 46126
46126, IN Homes for Sale
Crop has now been harvested - interested buyers can now view the property more closely. 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.
  • $1,750,000
  • 57.87 Acre
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46126, IN real estate market trends

Statistics as of November 2026
$235K
Avg. list price
$169/Sqft
Avg. price/sqft
21
Homes for sale
1,476 Sqft
Avg. home size
43 Days
Avg. days on market
Movoto makes it easy to track market trends in 46126, IN. Whether you’re entering the market or planning your next move, understanding these key metrics can guide smart decisions. Looking for more detailed housing market stats in 46126, IN?
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