4160 W 241st Street, Sheridan, IN 46069 · $450,000 · Recently Sold

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Here's 4160 W 241st Street in Sheridan, IN 46069. This listing is closed, but I can still walk you through the details.

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Photo of 4160 W 241st Street, Sheridan, IN

Recently Sold — 4160 W 241st Street, Sheridan, IN 460691 / 1

Quick read on the numbers:

$450,000$525,000

Recently Sold

Beds

Baths

Sq ft

1,928

Built

1965

Acres

9.08

Key things to know

Sold 24% below list in 114 days
Fireplace
Basement
9.08-acre lot

From the listing

Beautiful 9.08-acre property offering endless potential! The existing home is not livable and will need to be removed, making this the perfect blank canvas to design and build your dream home. Enjoy the privacy and space of country living while still being conveniently located outside city limits. A rare opportunity to create your ideal retreat from the ground up! The property features a well, septic, mature trees, & no HOA, offering maximum flexibility for redevelopment, investment, or creating a secluded homestead. With this much property & a prime location, the potential here is outstanding ~ perfect for the buyer to bring a big vision to life. Near schools, banks, shops, Monon Trail, Sheridan's Parks, Grand Park, & major highways.

A few highlights from the feature list:

Interior

Attic Access

I'll break the details down — open any section that matters.

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$206,600

Land Value

$78,700

Land$78,700

38% of total

Improvement Value

$127,900

Improvements$127,900

62% of total

Annual tax · 2024: $3,208

This home has sold:

Sold

$400,000

-$125,000 below list (-23.8%)

Closed: Apr 27, 2026
Listed at: $525,000
Sold: 3 weeks ago
Sold in: 114 days

Price history

Sold$400,000
Apr 27, 2026
Price reduced$500,000 → $450,000
Mar 13, 2026
Listedat $525,000
Dec 10, 2025

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

Comparative value

5 comps in this range

This home is 22% above median for similar nearby sales.

$260K$2.1MMedian $329K

$400K

A few places to dig deeper:

Sheridan Community Schools

MLS# 22076461