- – beds
- – baths
- – sqft
- 10,455 sqft lot
Unlock the endless possibilities with this awesome property! Spanning 1/4 acre with appx 88 feet of main-road frontage, this listing offers unparalleled potential. Situated directly across from Eli Lilly and in close proximity to downtown attractions like Lucas Oil Stadium and Gainbridge Fieldhouse, this location is ideal for anyone looking to capitalize on Indy's bustling urban scene. Currently zoned C5, the property holds significant commercial appeal with great street frontage, making it a prime candidate for retail or commercial use. However, the ease of rezoning to D8 provides the flexibility to transform this space into residential development, whether it be a cluster of single-family homes or stylish townhomes. The property's location on a bus route enhances accessibility, appealing to both residents and businesses. Embrace the vibrant energy of Indianapolis with this property's unmatched potential for growth and redevelopment. Whether your ambitions are commercial or residential, this is poised to accommodate your vision.
Last checked:
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Last updated Jul 15, 2025
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MLS# 22039010 —
The Building
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New Construction:false
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Development Status:Easements, Rough Grade, See Remarks
Location
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Directions:GPS Friendly
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Latitude:39.754656
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Longitude:-86.149198
The Property
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View:true
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Property Type:Land
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Property Subtype:Unimproved Land
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Parcel Number:491112189004000101
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Acres:<1/4 Acre
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Lot Features:Curbs, Not In Subdivision, Sidewalks, Storm Sewer, Street Lights, Zoned, See Remarks
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Lot Size Acres:0.24
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Lot Size SqFt:10,455 Sqft
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Price Per Acre:1870833
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Type:Single Lot,Undeveloped
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Divisible:Yes
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Zoning:C5
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Present Zoning:Commercial
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Topography:Cleared,Level
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Land Characteristics:City
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Horse Amenities:None
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Current Use:Vacant
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Soil Type:Clay
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Road Access:Street Cuts
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (317) 965-5034
- Office phone:
- (317) 563-5051
Taxes
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Tax Lot:1
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Tax Year:2024
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Semi Annual Property Tax Amt:2120
Utilities
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Water:Municipal Water on Site
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Water Source:Public
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Sewer:Public Sewer
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Solid Waste:Yes
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:Fletcher Place
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Facilities On:Not Applicable
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Facilities Near:Cable,Easement,Electric,Gas,Water & Sewer
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Public Transportation:Yes
Extra Units
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Other Structures: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 |
---|---|---|---|---|
7/15/25
Jul 15, 2025
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Price Changed | MIBOR | $449,000 | -9.3% |
5/15/25
May 15, 2025
|
Listed / Active | MIBOR | $495,000 |