4456 Caroline Avenue
Indianapolis, IN 46205
Map
- – beds
- – baths
- – sqft
- ~1/2 acre lot
Welcome to a fantastic TRIPLE vacant lot opportunity in the vibrant and evolving neighborhood of SoBro! With significant investment and development activity happening all around, this is your chance to join in the growth by building a new construction single or multi-family home. Whether you choose to rent or sell, this lot provides a perfect canvas for a profitable venture. Located on the convenient north side, this lot offers unrivaled access to everything Indianapolis has to offer. You'll find schools, parks, and shopping within easy reach, as well as popular attractions like the Monon Trail. Commuting is a breeze with nearby Red & Purple Line stations and major routes including N College Ave, N Keystone Ave, 38th St, and Fall Creek Pkwy, making it easy to explore all of Indy. The Fairgrounds are also just a short trip away. Please note, this vacant lot is sold exclusively as part of a comprehensive 16-property investment portfolio, which includes 11 duplexes, 3 single-family homes, and an additional vacant lot, and cannot be purchased individually. This is a unique opportunity to secure a substantial investment within a dynamic and popular area. Don't miss out on the potential to create and capitalize on new construction in the heart of SoBro. Act now to elevate your real estate investment portfolio!
Last checked:
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Last updated Jul 16, 2025
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MLS# 22038726 —
The Building
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New Construction:false
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Development Status:Not Applicable
Location
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Directions:GPS Friendly
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Latitude:39.838023
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Longitude:-86.125679
The Property
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View:true
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Property Type:Land
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Property Subtype:Residential Lots
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Parcel Number:490718103204000801
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Acres:1/4-1/2 Acre
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# of Lots:3
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Lot Size Acres:0.38
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Lot Size SqFt:16,380 Sqft
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Price Per Acre:276316
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Type:Not Applic
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Divisible:No
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Zoning:Single Family
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Present Zoning:Single Family
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Topography:Level
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Land Characteristics:City
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Additional Parcels:false
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Horse Amenities:None
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Soil Type:Not Applic
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Road Access:Frontage Road
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (317) 701-4289
- Office phone:
- (317) 563-5051
Taxes
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Tax Lot:502, 503, 504
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Tax Year:2024
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Semi Annual Property Tax Amt:137
Utilities
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Water:Not Applic
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Sewer:Not Applicable
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Solid Waste:No
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:Montrose
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Facilities On:Not Applicable
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Facilities Near:Cable,Electric,Gas
Extra Units
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Other Structures:Not Applicable
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/16/25
Jul 16, 2025
|
Listed / Active | MIBOR | $105,000 |
