8600 Combs Road
Indianapolis, IN 46237
- – beds
- – baths
- – sqft
- ~10 acre lot
Nestled in the heart of one of Indianapolis's most dynamic and rapidly growing suburban corridors, this exceptional 10-acre parcel offers a rare opportunity for developers, investors, or institutional users seeking visibility, access, and long-term upside. Boasting approximately 330 feet of frontage along Combs Road, the site provides both prominence and flexibility for a wide range of development uses, from residential infill to commercial, mixed-use, or community-oriented projects (subject to zoning). Strategically positioned between South Arlington Avenue and the increasingly active 5 Points Road corridor, with convenient access to County Line Road, the property is directly adjacent to existing residential neighborhoods, community centers, and key service anchors, including Lifepoint Church and numerous retail and multifamily developments. The surrounding area has experienced sustained growth over the past decade, supported by strong demographics, ongoing infrastructure investments, and the expanding footprint of southeastern Marion County's suburban development. With a depth of approximately 1,320 feet, the lot's rectangular configuration and gentle topography make it ideal for efficient site planning and phased development. Whether you're looking to capitalize on the area's residential demand, introduce a new community serving commercial node, or secure long-term land holdings in a prime location, this property offers both immediate appeal and future potential.
Last checked:
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Last updated May 12, 2025
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MLS# 22038284 —
The Building
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New Construction:false
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Development Status:Rough Grade
Location
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Directions:GPS Friendly
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Latitude:39.642028
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Longitude:-86.056555
The Property
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View:true
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Property Type:Land
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Property Subtype:Commercial Land
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Parcel Number:491523123002000300
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Acres:10-20 Acres
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Lot Size Acres:10
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Lot Size SqFt:435,600 Sqft
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Price Per Acre:450000
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Type:Agric Land,Transition,Undeveloped
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Divisible:No
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Zoning:CS, DP, I3
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Present Zoning:Agricultur,Commercial,Industrial,Planned Development,Single Family,See Remarks
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Topography:Level,Varied
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Land Characteristics:Rectangle,Suburban,See Remarks
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Horse Amenities:None
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Soil Type:Other
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Road Access:County Rd
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Road Frontage Type:City Street, County Road
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (317) 702-8049
- Office phone:
- (317) 809-1818
Taxes
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Tax Lot:49-15-23-123-002.000-300
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Tax Year:2024
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Semi Annual Property Tax Amt:148
Utilities
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Water:Municipal Water Near By
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Sewer:Municipal Sewer Near
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Solid Waste:No
Schools
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Middle Or Junior School:Franklin Central Junior High
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High School District:Franklin Township Com Sch Corp
The Community
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Subdivision Name:Franklin
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Facilities On:Not Applicable
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Facilities Near:Electric,Gas,Sewer,Water,Water & Sewer
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Association:false
Extra Units
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Other Structures:Not Applicable, No Building
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
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).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/12/25
May 12, 2025
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Listed / Active | MIBOR | $4,500,000 | 1100.0% (234.7% / YR) |
9/4/20
Sep 4, 2020
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MIBOR | $375,000 |