5.45 acres of farm and timber land near Sheridan, Hamilton County
540 Alder Way, Sheridan, IN · Parcel 290506000027000002
2025 roll, county file June 2025 · before the 2026 roll
At a glance
- BuildZoning not on file
- GroundNo FEMA flood zone or wetlands mapped · soils very limited for septic
- AccessFronts a public road · 55 ft of frontage on Alder Way
- Acres5.45
- Land typeFarm and timber
- ZoningWe have not collected a zoning map for Town of Sheridan yet
- Flood zoneX · minimal flood hazardFEMA flood map, as of Jul 2026
- WetlandsNone mappedUSFWS National Wetlands Inventory, as of Oct 2026
- Tax value (county)$14.5kAssessment, trended yearly; not a market price · 2025 roll
- Last sale$300k · Jul 2025
- Road accessHas road accessRoads: Census TIGER/Line 2025 roads with IndianaMap road centerlines, Feb 2026
- Road frontage55 ft on Alder Way
- City or townSheridan
Land facts
From public records and official maps, each with its source and date.
- Who zones itTown of Sheridan
- Section, township, rangeSection 6, Township 19 North, Range 3 East, Second Principal MeridianBLM PLSS (CadNSDI), at the parcel's center · Oct 2026
- Septic (soils)Very limitedUSDA NRCS soil survey (SSURGO), septic absorption fields, version Sep 2026
- Ground elevationAbout 945–947 ft above sea level; average slope 3.9%USGS 3DEP 1/3 arc-second (about 10 m), NAVD88; about ±1–2 ft · Oct 2026
- HighwaysState Rd 47 is 1 mi away and Keystone Ave interchange at N Meridian St is 9.8 mi away, in a straight lineCensus TIGER/Line 2025 roads with IndianaMap road centerlines · Feb 2026
Services and surroundings
What serves the area around this parcel, from federal and state maps. Area facts, not a survey of the lot.
- USDA home loan areaInside an eligible areaHousehold income limits also apply. USDA Rural Development map, edited Jul 2023.
- Well depth nearbyMedian 149 ft (middle half 121–159 ft)From 29 well logs within 1 mi, drilled 1963–2013; water level 45 ft below ground. Area figures, not this parcel. Indiana DNR well records.
- Public land nearbyVeteran'S Park, 1.7 miCity land, open to the public. 128 acres. Being nearby does not give access or hunting rights. USGS protected areas map (PAD-US 4.1).
School district and farmland
Public federal records, each with its source and date.
- School districtSheridan Community SchoolsGrades pre-K–12 · NCES EDGE school district boundaries, school year 2024–25 (Census TIGER 2025 lines), released Mar 2026. A district, not an assigned school
- Farmland classPrime farmland if drainedMap unit Patton silty clay loam, Tipton Till Plain, 0 to 2 percent slopes, about 88% of the parcel · USDA NRCS soil survey (SSURGO), survey area IN057, version Sep 2026
- Crop productivity (NCCPI)0.78 of 1National Commodity Crop Productivity Index 3.0 of the main soil, Patton; higher is more productive for non-irrigated commodity crops · USDA NRCS soil survey (SSURGO), version Sep 2026
- Land capability classClass 2w of 8: moderate limits for crops (excess water)Non-irrigated, Patton; class 1 has the fewest limits · USDA NRCS soil survey (SSURGO), version Sep 2026
District details at NCES: Sheridan Community Schools
Crops and forest
Public federal records, each with its source and year. Satellite classifications, not farm records.
- Crop history (CDL)2025 barren · 2024 barren · 2023 corn · 2022 soybeans · 2021 cornthe most common class in the 90 m around the parcel's map point, from satellite imagery; a classification, not a farm record · USDA NASS Cropland Data Layer 2021–2025
- Hydric soils91% of the parcelShare of the outline on soils rated hydric: the soil test of a wetland determination and of an NRCS wetland reserve easement (ACEP-WRE) · USDA NRCS soil survey (SSURGO)
Utility service areas
Public service-area maps, each with its source and date. An area, not a connection at this parcel.
- Electric service areaInside the service area of Boone County REMCRural electric membership co-op · IURC electric service territories map, edited Aug 2026: a visual aid, not the legal ruling.
- Water system areaInside the service area of Indiana American Water - SheridanPublic water system IN5229014 · EPA public water system service areas, edited May 2026; boundary supplied by the utility. Not a water line at the lot.
Environmental records
Public state and federal lists, each with its agency and date. A record is not a finding about this parcel.
- Other recordsOil or gas well nearbyGroundwork check of public lists: Indiana DNR Division of Oil and Gas / Indiana Geological and Water Survey, as of Jun 26, 2025
Mapped ground hazards
Mapped features from IGWS maps, each with its agency and date. Distances are from the parcel's map point; a mapped area is not a finding about this parcel. Not checked here: surface coal mines, oil and gas wells, landslides.
- Underground coal mineNone mapped within 1/4 miIGWS: Underground coal mines (IDNR, December 2016), as of Dec 2016. Documented underground coal mines since the 1880s, from IDNR mine maps, to December 2016; outlines approximate
Free account: 25 parcel cards a day on the map, with watches and a saved search
SheridanParcels and flood9.2%in a FEMA flood zone3,641parcels on the rollProperty tax
Indiana DLGF pay-2026 certified rates; DLGF 2025 real property roll, as of Oct 2026
- Tax rate
- 27.455 mills (Sheridan district: Hamilton County, Sheridan Civil Town, Sheridan Community Schools, Sheridan Public Library, Hamilton County Solid Waste Mgmt Dist, pay 2026)
- Estimated annual tax
- ~$330Estimate before exemptions (homestead and other deductions, local income tax credits): the $14,500 gross assessed value × 27.455 mills; capped by the circuit breaker at 2% (residential / farmland) of $14,500 plus the voter-approved referendum rate, which is outside the cap
How we compute this
Pay or check a bill at the Hamilton County Treasurer.
Due dates
Value history
| Year | Land | Improvements | Total | Change |
|---|---|---|---|---|
| 2025 (pay 2026) | $14,500 | Not on the roll | $14,500 | -7.1% |
| 2024 (pay 2025) | $15,600 | Not on the roll | $15,600 | +20.0% |
Roll values set for property tax · Indiana DLGF parcel roll · as of Jun 2025
Local jurisdictions
- Civil townshipAdams TownshipDLGF taxing districts (IGIO Taxing_Districts_2024) on the 2025 roll's district code · Jul 30, 2024
Owner: on the county assessment roll (not shown here) · Request removal
Hazards
FEMA National Risk Index for this census tract, not this parcel. As of Dec 2025.
- Tornado
- Very high
- Riverine flooding
- Relatively high
- Cold wave
- Relatively high
- Winter weather
- Relatively high
- Strong wind
- Relatively moderate
- Hail
- Relatively moderate
- Heat wave
- Relatively moderate
- Lightning
- Relatively moderate
- Drought
- Relatively moderate
- Earthquake
- Relatively low
- Wildfire
- Very low
- Landslide
- Very low
How we compute this
Recorded flood claims
OpenFEMA NFIP Redacted Claims v3, as of Sep 2026
- Claims since 1978
- Fewer than 10Insured buildings in this census tract
How we compute this
Neighborhood (Census)
Census ACS 2020–2024 5-year, as of Jan 2026
- Median household income
- $75,708± $14,097
- Median home value (owner-reported)
- $288,100± $63,789
- Median rent (gross)
- $724± $90 · census tract (block group sample too small)
- Homes lived in by their owners
- 86%± 28 pts
- Median year homes were built
- 2003± 8 yr
- Average commute (one way)
- 27 min± 5 min · census tract (not published for block groups)
- Population
- 2,005± 476
Figures for the census block group around this parcel (a few hundred homes), not this property. This product uses Census Bureau data but is not endorsed or certified by the Census Bureau.
How we compute this
Nearby parcels
Land and farm parcels of 1 acre or more in Hamilton County, nearest first.
- 1141 S Malott Ave7.46 acres · Residential lot · 1.2 mi
- 21409 Hamilton Boone Co Rd5 acres · Residential lot · 1.3 mi
- 4 acres of residential land near Sheridan1.3 mi
- 20735 Mule Barn Rd3 acres · Residential lot · 1.9 mi
Land and farm parcels of 1 acre or more in Hamilton County: 2,015 parcel pages
About these numbersSources, county file June 2025
Tax value
Tax value: the county's yearly assessment (gross assessed value, trended every year), not a market price. County file, June 2025.
Gross assessed value (the county assessor's market value-in-use, trended every year), not a market estimate. Farmland is assessed by the state's base-rate formula, well below what farmland sells for.
Estimate
Rough estimate: based on typical prices per acre for land this size in Hamilton and nearby counties. Not tested to our accuracy standard. Half of past estimates were within ±55% (measured across nearby counties); the range covers about 8 in 10. Land only; any building is not included.
Parcel outline
The outline and its edge lengths are measured on the parcel map the map draws; the aerial loads from the public imagery named under it.
Source
Indiana DLGF parcel roll (Indiana Gateway) and IGIO statewide parcel boundaries, county file Jun 4, 2025.
Record
Public records can be wrong; check before you act.
Parcel: 290506000027000002
Coordinates: 40.1148° N, 86.2318° W