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7224 W US Highway 40, 
Centerville, IN 47330

$109,900

1

Bed

1

Bath

1,207

Sq Ft

Single Family

Active

Listed by

Tracie Robinson

Better Homes And Gardens First Realty Group

765-966-7653

Last updated:

May 23, 2026, 02:21 PM

MLS#

10053541

Source:

IN RAR CB

About This Home

7224 W US Highway 40

Versatile opportunity on the edge of Centerville! This 1-story, commercially zoned property sits on 5.28 acres and offers a 1,207 sq. ft. building ready to suit a wide range of uses. Whether you’re looking to establish a small business, create a live/work space, or enjoy a private recreational retreat close to town, this property delivers flexibility and potential. The building includes a full bath, heating, and a durable metal roof. With well and septic already in place, much of the groundwork is done. The land is partially fenced on two sides, and a trail runs along one edge, adding accessibility to the wooded area. With ample space to expand, park equipment, or create additional amenities, this property is ideal for entrepreneurs, hobbyists, or anyone seeking room to grow just minutes from town conveniences.

Home Facts

Single Family

1 Bath

1 Bedroom

Built in 1940

Price Summary

109,900

$91 per Sq. Ft.

MLS #:

10053541

Last Updated:

May 23, 2026, 02:21 PM

Added:

4 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

1

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,207 Sq. Ft.

Structure

Structure

Building Area:

1,207 Sq. Ft.

Year Built:

1940

Lot

Lot Size (Sq. Ft):

229,996

Finances & Disclosures

Finances

Price:

$109,900

Price per Sq. Ft:

$91 per Sq. Ft.

Source:IN RAR CB
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.