116 Picadilly Road

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.