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Street View
$11,950
Monthly Est:$59
-- Bed
- -- Bath
13,504sqft lot
116 Picadilly Rd, Brownsburg, IN 46112
$11,950
$59/moEst:
Get Pre-Approved
Residential Lot
Built in -
$-- HOA
13,504 sqft lot
$1/sq.ft
Description
Why is this the lowest priced real estate in all of Brownsburg you ask? Well, maybe because it could be challenging or even impossible to develop because it is in a platted neighborhood with covenants. We don't have a history on this one and buyer must do 100% of their own due diligence prior to making a non-contingent offer. Seller will not take an offer subject to buyers due diligence. Maybe you are thinking you are going to build a gas station, automotive repair shop, pole barn for your junk collection or a 4-plex. Good luck, but I doubt that will happen. Go ahead and buy it, but Seller makes no representations that you are buying anything other than a vacant lot that you are responsible for mowing for the rest of your life. You've found the cheapest real estate in Brownsburg and there is a good reason for that. Before you start sketching plans for your dream home, 4-plex, gas station, automotive shop, storage units, or liquor store, you may want to pump the brakes. We have no clue what can legally be built here. The property is in a platted subdivision with covenants that may significantly limit-or prohibit-development. Do all of your homework before making an offer. The seller will not accept offers contingent on the buyer figuring out later what they bought. The seller makes no warranties regarding zoning, buildability, utilities, access, setbacks, or permitted uses. You may end up owning nothing more than a very affordable patch of grass that needs mowing every summer. If it turns out you can build something on it, you'll have beaten the odds.
- Houzeo last checked: 12 hours ago
- Listing updated: September 24, 2026 at 9:01 pm
- Listing Provided by: Scott Wynkoop | Wynkoop Brokerage Firm, LLC (317) 472-4570
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22118236

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
13,504 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22118236
MLS Status
Active
Days on Market
66
Cumulative Days on Market
52

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Not Applicable
Other Features
Subdivision Name
No Subdivision
Price History
| Date | Event | Price |
|---|---|---|
09/10/2026 Source: | Price Increased | $12,000 +0.42% $0/sqft |
08/04/2026 Source: | Price Decreased | $11,950 -8.08% $0/sqft |
08/04/2026 Source: | Listed for Sale | $13,000 $0/sqft |
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Based on information from MIBOR REALTOR® Association through Oct 09, 2026, 02:31PM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.
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